Four types of wealth we should build.

[Prosofina_G]

As a man or woman we need to build wealth not just one two or three but four kinds of wealth,  but then what is wealth.

Wealth most people look at wealth as materials things or money. But real wealth is bigger than what you have in your bank account.
Here are the four types of wealth that we need to finally say that we have built wealth.

TIME WEALTH
PHYSICAL WEALTH
FINANCIAL WEALTH
SOCIAL WEALTH

Let's talk about each and every one of it bit by bit
TIME WEALTH
this is absolutely one of the best wealth so far, this is pointing at no matter how you have made this money without resting is totally inaccurate, wealth without enjoying it while resting is totally nonsense, if your money is not buying you freedom is actually caging you.

PHYSICAL WEALTH of what use is your wealth if you are not healthy, you need to take good care of yourself so as to enjoy your wealth, good health attract good things, so keep your self healthy check systems and remain healthy to enjoy your wealth.

FINANCIAL WEALTH: your income, network, real estate, business, investment anything that can give you money is financial wealth.

SOCIAL WEALTH: this is were you start making things work for you, base on your social friends your network determined your net worth, people you know determine your level of progress, if you don't have the right connection you are not going very far in life.
If you don't have the right people around you believe me you are not going far in life.

So drop your Ideas of what you think about this four major concept of wealth.

[DubemIfedigbo001]

TIME WEALTH
this is absolutely one of the best wealth so far, this is pointing at no matter how you have made this money without resting is totally inaccurate, wealth without enjoying it while resting is totally nonsense, if your money is not buying you freedom is actually caging you.

Beyond just resting, this is about having enough time to do whatever you want to do and has a lot to do with planning yourself properly and focusing on your days tasks without entertaining much distractions so you can have some good time left to engage in other things you want to do for yourself, bad time management has caused unnecessary stress for some people and they end up overwhelmed with what they could've done better only if they could plan their time properly.

PHYSICAL WEALTH of what use is your wealth if you are not healthy, you need to take good care of yourself so as to enjoy your wealth, good health attract good things, so keep your self healthy check systems and remain healthy to enjoy your wealth.

This can involve exercising, eating healthy and not missing your appointments with the doctor. Regular health checks and exercising is very necessary to ensure you're still in good health condition despite your busy schedules.

FINANCIAL WEALTH: your income, network, real estate, business, investment anything that can give you money is financial wealth.

This involves taking opportunities, including investing against just saving. Using the 80:20 principle to give more attention to things that gives you more money and less time to other less important things.

[franky1]

id go with

financial
experience
skill

finance: is self explanatory by now..

experience: this is the prioritisation of time and money to build a wealth of expereince/memories of joyful pursuits, hobbies, leisure activities. to actually have memories of a life worth living

skill: this is investing time and resources to learn new things to better your life prospects of work/social skills to enhance your life and that can then enhance the experience and finance categories

..
there is no point having a lot of spare time if you are not using it. so time in of itself is not investment if not utilised. however experience and skill investment is the good use of time..  ... a poor person has all the time in the world to sit in the streets

time can be spent and never come back. once its gone its gone. but experience and skill repays you back time after time after time

[Fiatless]

Most of my friends and family members who moved out of the country to seek greener pastures are complaining seriously. Financially, they are stable, but they are being drained physically and emotionally. They have to work for many hours to survive and it is affecting their well-being. They complained of not having spare time to spend with families and friends.

In my country, we might be going through some financial problems but we enjoy freedom and have time to enjoy ourselves. We don't pay very high taxes like others and the little you earn can sustain you and your family if you are prudent. We also have the time to exercise, grow healthy plants and take care of our health.

Just as OP has highlighted, money is not the only form of wealth; if you are privileged to be healthy, free, and have a good family, you are wealthy.  

    

[passwordnow]

So drop your Ideas of what you think about this four major concept of wealth.

I think all of them are important but it's all going to start from being financially well. If you are financially secured, you'll have more time for yourself and that's how you build your physical well being and health. So, it all combines each others and you can do everything you wish to when you're financially free. Even those that are not mentioned, when you've got the money, you're free to do those things. It's why many aspires to become rich but they're going to the point of sacrificing their health, doing 2-4 jobs or even more.

[Frankolala]

Most of my friends and family members who moved out of the country to seek greener pastures are complaining seriously. Financially, they are stable, but they are being drained physically and emotionally. They have to work for many hours to survive and it is affecting their well-being. They complained of not having spare time to spend with families and friends.

It means that your friends didn't go a second world country but a third world country like Nigeria. If not, they wouldn't overwork themselves in order for them to survive. It's better that I stay in Nigeria and work for survival than going to another country and start to over work myself for survival. I know that if it's in a second world country, they will earn good amount of money and still have enough time for themselves.

[Solodoski]

So drop your Ideas of what you think about this four major concept of wealth.

The four types of wealth you have discussed is very important for everyone, but I will tilt more towards physical wealth, because this has to do with your health, like you mentioned what is financial wealth if you don't have good health to enjoy it. Someone people might argue that financial wealth is very important, which I totally understand,  but you really don't need to be financial secured before you can have a good health.  Sometimes our intentional action affect our health, which has nothing to do with finance. These intentional actions can affect your health,  that even when you are financially stable, you might not be able to get back a good health and what's the use of all the financial wealth you have acquired if you don't have a good health to enjoy it.

[Mhizlove]

So drop your Ideas of what you think about this four major concept of wealth.

When we talk about being wealthy because true wealth is not by how much money you have or earn but by how well you live and grow .
Time wealth is all about how we see time as life rarest treasure,when you control your time you also control life with peace.

The physical wealth is when you enjoy what you've worked hard for because health you see is the first form of wealth.

 Finacial wealth is another one that is said to be the money that gives you stability and options and the options can bring peace of mind,building of finacial wealth not just to impress others but to create stability and ability to help others.

And lastly social wealth is about how the people around you are the greatest assets, keeping strong and healthy relationships,showing kindness and a supportive community that makes hardest times easier to endure,this reminds us that true richness is found in connection.

I will say that in the end being wealthy or rich is not about what is in your bank account but about having resources,time ,being healthy and having a good relationship to live with joy.when this four forms of wealth are balanced you do not just survive but becomes a place where you can truly thrive.

[programmer3666]

this is a good breakdown of what real wealth means. most people only focus on making money and forget that true wealth is more than just having cash. money can make life easier, but it can not buy peace of mind, health or real happiness!! time wealth gives us the freedom to enjoy life and rest physical wealth means staying healthy so we can enjoy what we have worked for over the years. financial wealth gives us comfort and security while social wealth helps us build strong connections with people who support and inspire us. when all four work together, that is when someone is truly rich!!! not just in money, but in life.

[caroasi]

Thank you for this profound helping of philosophy. In an ideal world I'd see something like this every day. It helps me see this little ball I get rolling every day as intergenerational wealth. You've spent time contemplating this precious gift of life. You prioritized life's values using your time. So few people do that. So few people say, "what, at a deeper level, are my priorities". I don't say that every day as perhaps I should, but there are times when I do. And that is valuable time because it breeds even more. Time spent one something you don't really want is less than nothing... it is a drag. A ship dragging it's anchor along the waters, the throttle showing full speed ahead.

I'd recommend people do just as you did, writing out a list of values. I have written out a list of virtues and values myself as referenced in my signature, but have yet to list out just values and then ordered them as you have done. How would time change if using just a little bit of it, every day, to notice the foundational values, and the principles of virtues they can be paired to.

[Findingnemo]

~
If you don't have the right people around you believe me you are not going far in life.

I insist on this part because it is so true, if we are stuck with people who don't have any passion to become a successful person in career or studies or whatever we are pursuing then most likely we will end up one of them so it is important to surround ourselves with right people and if you can't find then just work alone which is way better than doing it with wrong people.

[AVE5]

Wealth most people look at wealth as materials things or money. But real wealth is bigger than what you have in your bank account.
Here are the four types of wealth that we need to finally say that we have built wealth.

My dear there's no edges that's traditionally tied to be a wealthy person other than having multi flows of incomes from different resources and you're also living in the luxuries. The essence of healthy being wealth defines the harmony and how your livelihood can be productive and how you can live to enjoy those financial wealths. Maybe you can extend a form of showoff of how wealthy you're by giving to the communities and the less privileges. Wealth is how much in abundance resources you've achieved in life

[gracreavix]

The thing is so many people believe that chasing money is the only way to be wealthy, but in reality ehn, true wealth is more than just financial success..  Being free to relax and enjoy your accomplishment without being limited by your own hustle is what it means to be time wealthy.. 
Physical wealth serves as a reminder that the true wealth is health and money is meaningless if you are too weak to appreciate it..  You have the ability to make decisions based on your financial wealth, but the extent of those decisions is determined by your social wealth. Because your network can open doors that money alone cannot, the people in your immediate environment are really important.. The true definition of a significant form of wealth is the balance of all four types..

[Kiddo15]

As a man or woman we need to build wealth not just one two or three but four kinds of wealth,  but then what is wealth.

Wealth most people look at wealth as materials things or money. But real wealth is bigger than what you have in your bank account.
Here are the four types of wealth that we need to finally say that we have built wealth.

TIME WEALTH
PHYSICAL WEALTH
FINANCIAL WEALTH
SOCIAL WEALTH

Let's talk about each and every one of it bit by bit
TIME WEALTH
this is absolutely one of the best wealth so far, this is pointing at no matter how you have made this money without resting is totally inaccurate, wealth without enjoying it while resting is totally nonsense, if your money is not buying you freedom is actually caging you.

PHYSICAL WEALTH of what use is your wealth if you are not healthy, you need to take good care of yourself so as to enjoy your wealth, good health attract good things, so keep your self healthy check systems and remain healthy to enjoy your wealth.

FINANCIAL WEALTH: your income, network, real estate, business, investment anything that can give you money is financial wealth.

SOCIAL WEALTH: this is were you start making things work for you, base on your social friends your network determined your net worth, people you know determine your level of progress, if you don't have the right connection you are not going very far in life.
If you don't have the right people around you believe me you are not going far in life.

So drop your Ideas of what you think about this four major concept of wealth.

All the type of wealth you enlisted for somebody to build, the most important one of it is financial wealth, this is not to say that the other type of wealth are not important, but it is essential for you to have financial wealth because it will help you to achieve those other forms of wealth easily, and you can easily also transmit it to your offsprings.

[franky1]

All the type of wealth you enlisted for somebody to build, the most important one of it is financial wealth, this is not to say that the other type of wealth are not important, but it is essential for you to have financial wealth because it will help you to achieve those other forms of wealth easily, and you can easily also transmit it to your offsprings.

why invest in finance just to have money..
.. what are you then going to use money for

you need to priorities your needs of your lifestyle
if your main goal in life is to give your kids a happy childhood. buying them the latest games console vs taking them to a park with tree's and stuff and playing hide&seek. which do you think will get them better long term memories of their childhood

also which is more healthy, free air and exercise, or sedentary zombie life infront of a console game

you dont need money to buy happiness, but money can take away the stress of things that require money
being less reliant on the stresses of money helps out
but having more money than the need of money is not the only way to escape those stresses

[Accardo]

The essence of healthy being wealth defines the harmony and how your livelihood can be productive and how you can live to enjoy those financial wealths. Maybe you can extend a form of showoff of how wealthy you're by giving to the communities and the less privileges. Wealth is how much in abundance resources you've achieved in life

The abundance of life is not negligible to anybody, but hardly gets to everybody. Or reaches everyone in different forms, such that it left no definition for which action is the right approach to wealth. People enjoy the wealth of things randomly or selectively. Not all rich men enjoy luxury on daily basis like the musicians try to show us. Life is busy, so is every habitat of it. That's why the rich still work hard and deny themselves of quality rest, which doesn't deny them the fact of being wealthy.

[AVE5]

The essence of healthy being wealth defines the harmony and how your livelihood can be productive and how you can live to enjoy those financial wealths. Maybe you can extend a form of showoff of how wealthy you're by giving to the communities and the less privileges. Wealth is how much in abundance resources you've achieved in life

The abundance of life is not negligible to anybody, but hardly gets to everybody. Or reaches everyone in different forms, such that it left no definition for which action is the right approach to wealth. People enjoy the wealth of things randomly or selectively. Not all rich men enjoy luxury on daily basis like the musicians try to show us. Life is busy, so is every habitat of it. That's why the rich still work hard and deny themselves of quality rest, which doesn't deny them the fact of being wealthy.

Haven lot of money with resources that yields more and more money is the major characteristic of wealth. Like you said, no one is negligible to obtain wealth and that's because lot of efforts and visions will be required to catch it up but unfortunate that it can't be obtainable by everyone while the utmost desires to achieve those wealths is to live a peaceful live of afford your needs that money can really afford. Luxuries and showoff may be optional while your achievements in one way or the other must have great impact to the society in one way or the other too. It's like being healthy isn't hidden at all, it can be proven by your vibrance and the results of energies put to work in the physical realms. So also, being wealthy can't be hidden unless you don't have it enough as wealth may imply.

[uneng]

It would be interesting to balance the four categories of wealth you pointed above, so we could reach homeostasis, a state of welfare hard to achieve these days for most of us with so many demands, appointments and goals to be accomplished.

It's not that hard to build one or another wealth, although the real challenge here is to build all of them in a satisfactory proportion. Probably each one of us have more difficult in one aspect or other from the four categories you mentioned. I can identify which one is my biggest difficult: social wealth.

At same time, I can't force artificial bonds with people around just to pretend I'm building that kind of wealth. It has to happen naturally, genuinely.

[Sticky Bomb]

Most of my friends and family members who moved out of the country to seek greener pastures are complaining seriously. Financially, they are stable, but they are being drained physically and emotionally. They have to work for many hours to survive and it is affecting their well-being. They complained of not having spare time to spend with families and friends.

It means that your friends didn't go a second world country but a third world country like Nigeria. If not, they wouldn't overwork themselves in order for them to survive. It's better that I stay in Nigeria and work for survival than going to another country and start to over work myself for survival. I know that if it's in a second world country, they will earn good amount of money and still have enough time for themselves.

No, I don't think you're correct, even first and second world countries, you'll have to work very hard to earn a living especially if you're determined to achieve financial freedom. Some dudes which leave the third world countries in search of greener pasture works in two or three different jobs to be able to make ends meet and live comfortably. They have limited free time for themselves. People in underdeveloped countries where everything goes and not structured tend to have more time for themselves to do anything they wish. In my country Nigeria, people are living community lives and have more time for friends and families as against most of my friends living in western countries.

[Stablexcoin]

The abundance of life is not negligible to anybody, but hardly gets to everybody. Or reaches everyone in different forms, such that it left no definition for which action is the right approach to wealth. People enjoy the wealth of things randomly or selectively. Not all rich men enjoy luxury on daily basis like the musicians try to show us. Life is busy, so is every habitat of it. That's why the rich still work hard and deny themselves of quality rest, which doesn't deny them the fact of being wealthy.

I don't want that kind of rich when i won't be able to rest, am not denying myself rest or time to spend with family, recreational activities, vacations etc. Health is wealth, financial wealth, time wealth, care less about social wealth. Some social wealth are only going to bring damages, i prefer having wealth without having high social profile. The long fight for wealth is not worth denying ourselves the best things of life all because of doing extra hard work for more money.