One of the most difficult things to define is what constitutes different levels of wealth. Wealth is often seen as a synonym for money but there are many different ways to categorize this and even more ways to rank it. Some people measure wealth by the size of their bank account, while others measure it by the number of possessions they have.
However, wealth is so much more than that. The majority of us define wealth as having a lot of valuable resources or tangible belongings. There are also those who believe that wealth is more than just money and possessions – it is also about having a good lifestyle, good health, happiness, love and peace.
The following is a brief overview of the different levels of wealth:
Basic wealth
Is what you need to sustain yourself and your family. It includes food, shelter, clothing, and other essentials. Everyone's basic wealth is different, but everyone needs some level of it to survive.
Basic wealth is also important for giving people the opportunity to live a full and prosperous life. Without basic wealth, people are more likely to experience poverty, poor health, and other problems.
Financial wealth
Is the money or other assets that a person or family has available to them to use for financial goals. This can include savings, investments, and property. Financial wealth is different from physical wealth, which is the value of things that a person owns, such as a house or a car.
Basic and Financial wealth can also be sub-categorized based on the amount of money one has:
Poverty: This is the lowest level of wealth. People who live in poverty do not have enough money to meet their basic needs, such as food, shelter and clothing.
Lower-middle class: This is the next level up from poverty. People who are in the lower-middle class have a little bit more money than those in poverty, but they still cannot afford many luxuries.
Middle class: This is the level that most people aspire to reach. People who are in the middle class have a comfortable lifestyle and can afford some luxuries, such as vacations and new cars.
Upper-middle class: This is the level above the middle class. People who are in the upper-middle class have a very comfortable lifestyle and can afford many luxuries, such as expensive homes and vacations.
Wealthy: This is the highest level of wealth. People who are wealthy have a luxurious lifestyle and can afford just about anything they want.
Emotional wealth
Is just as important, if not more so. Emotional wealth is the feeling of being safe, loved, and valued. It is the sense of security that comes from having a strong support system. It is the peace of mind that comes from knowing you are not alone.
Emotional wealth is the most important kind of wealth because it is the foundation of our happiness. Without it, we would be lost.
Spiritual wealth
Is a term that is used to describe a state of being that is not defined by material possessions. Instead, spiritual wealth is defined by an inner sense of peace, contentment, and satisfaction.
This state of being is often associated with a deep connection to something larger than oneself, such as a higher power, nature, or the universe. While material possessions can provide a certain level of comfort and security, they are not necessarily indicative of a person's spiritual wealth.
In fact, many people who are considered to be spiritually wealthy are those who have let go of attachment to material things and instead focus on their innermost being.
Each level of wealth has its own unique set of benefits and drawbacks. The wealthiest individuals have the most money and the most influence, but they also have the most responsibility. The middle class is more stable, but they may have a harder time achieving their goals. The poor have the least amount of money and the least amount of influence, but they also have the least amount of responsibility.
No matter what level of wealth you are at the moment, or what you are attaining for, remember to ask yourselves this question: What makes you really happy?
Your level of wealth or what you are striving to achieve does not necessarily have to be the determining factor of your happiness. There are many other things in life that can bring you joy and contentment. So take a step back and ask yourselves, what are the things that make you happy? Is it spending time with family and friends? Is it traveling to new and wonderful places? Is it having a successful career? Is it making a difference in your community?
There are many different things that can make you happy. And once you figure out what those things are, you can start working on incorporating them into your life. You may find that you are already doing some of them, but there are always ways to do more of the things that make you happy.
So don't let your level of wealth or what you are striving to achieve be the only thing that determines your happiness. Instead, take a look at the bigger picture and ask yourselves what truly makes you happy.
Hope you enjoyed this post and peace to all!