Week 1 — Day 4
The Wealth Wheel
Before we talk about The Wealth Wheel, we must answer the question, "What is TRUE WEALTH?" Most people, when asked what the definition of wealth is, one would say the accumulation of money. Or, a lot of riches. What would your answer be? Let’s see what the experts say:
- Wealth /welTH/ noun\
- The state of being rich; material property
- Plentiful supplies of a particular resource
- Wealthy /welTHe/ adjective\
- Having a great deal of money, resources, or assets
- Rich
Actually, I look at WEALTH from a completely different point of view. True Wealth, in my opinion, is a collection of States of Mind, backed up with its Physical Assets. Let me break it down.
If you can picture wealth as a wheel – Wisdom, Energy, Abundance, Love, Time, Health all fall into place. Most of us can visualize this. The final step to completing this wheel, is to achieve balance.
©2013
I was introduced to this concept over 25 years ago by one of my mentors. For me, the timing was perfect. I was looking for a change in my life. I immersed myself into this concept because I was looking for self-improvement, I was looking for success, and I was looking for wealth. And I really didn’t know where to start. This was my starting point. I also believe that this technique allowed me to take an idea that started on a dining room table with me and a business partner, and we were able to take our idea to my first 7 figure business.
All I know is that each time I need to re-boot my brain and take myself to a higher high by accomplishing my next project, I start by getting back on the Wealth Wheel. And by keeping it in balance.
W - Wisdom
E - Energy
A - Abundance / Assets
L - Love / Libido
T - Time Freedom
H - Health
Wisdom
– You don’t need to be a Doctor, Lawyer, Rhodes Scholar, or a Nobel Prize Winner. You don’t even need to be college graduate. You just need to know how to accumulate knowledge. You need to know the difference from Right or Wrong. You need to use Common Sense, or your “Street Smarts”.
Energy
– Some experts may call it “Your Most Dynamic Quality”. The ability to “Transform Your Thought Patterns Into Action”.
Abundance
– Some experts may call it “Your Most Dynamic Quality”. The ability to “Transform Your Thought Patterns Into Action”.
Love
– (1) An intense feeling of calmness and beauty, (2) A deep romantic attraction or a close family connection, (3) A feeling of sexual attraction, pleasure, and fulfillment.
Time
– In this sense we mean Experiences that happened in the Past, the Present, and the Future, collectively regarded as the "Whole". Events in our past are our Memories. Thoughts of the future are our Hopes. Capture every moment that is happening now, in real time, and Treasure it. That’s why we call it “The Present”. Time is the only commodity we can never get back, and when we least expect it, it can slip through our fingers. We’re all in pursuit of an Indefinite Period of time where we can cherish our children growing up, experience life uninterrupted, and go where we want – for as long as we want – with anyone we want.
Health
– Experts say it’s the state of being free from illness or injury. But it goes much deeper than that. We must not only look at physical health, but we must look at mental health as well. Looking at the word HEALTH as in the acronym of W.E.A.L.T.H., we must focus on the part that YOU have CONTROL of. I’m not saying Health is a choice, I am saying you can make Healthy Choices. How about an apple a day instead of a candy bar a day? Here’s where thinking small is better. Start with a walk around the block. Or taking the stairs instead of the escalator. Portion control when eating. Sensible eating habits. Healthier snacks.
Mastering your Wealth Wheel is the easiest way to attract new people into your life, new projects into your life, and new opportunities into your life. When we were growing up, we were taught the phrase “Ask and you shall receive”. Perfecting your Wealth Wheel you are not only asking the Universe, but showing the Universe that you are ready for change in your life. Let me leave you with this quote. “The person who is going to help you become wealthy, you haven’t met yet.” That person is out there. That person is coming. That person will be attracted into your life. Your job is to be ready to accept new friendships that await you and receive the new opportunities that they may bring to you and your family. Here’s to a healthier and wealthier tomorrow.
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Until my next post,
Steve