Becoming wealthy can mean different things to each of us. What qualifies as being wealthy and financially free for one person, may not necessarily be valued as wealth to another.
What do you define as wealth?
Is it the time you can spend with your family? Or is it a pre-determined amount of income and cash you need to have in the bank or total value of your asset pool? Is it not having to worry about your next paycheck and putting food on the table?
For some, it’s as simple as just waking up in the morning or having health care paid for by their corporate job. While others show their prestige by the objects they own.
Join Carl and Peter as they share their personal definitions of wealth and financial freedom. They dig deep as to why we chase wealth and what true wealth really is.
IN THIS EPISODE, YOU’LL FIND OUT…
- Carl’s wealth journey (2:51)
- Peter’s wealth journey (5:25)
- The 3 types of income (10:15)
- Why do we chase wealth? (19:45)
- Being rich versus looking rich (22:41)
- The rules of spending (27:27)
- What defines wealth (29:48)
- Financial freedom or wealth? (33:40)
- Definition of financial freedom (33:50)
- What is real wealth? (35:40)
- What happens if your wealth was taken away? (39:50)
- What is your contribution? (47:50)
- Choose the right goals (52:07)
DISCOVER MORE
Sapiens: A Brief History of Humankind by Yuval Noah Harari (19:19)
The Six Human Needs by Tony Robbins (21:04)
How To Be Rich by J. Paul Getty (47:21)
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