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What is more important money or freedom Why?
Money is important! Money can buy freedom, but the trick is to not allow it to have power over you. Freedom is the power to act, speak, think or do as one wants without restraint. Having freedom means you have control over your time, and as you control your time, you can control your income.
Does wealth give freedom?
While money can’t buy freedom, having enough money to not only meet your basic needs, like food or shelter, it gives you the freedom to choose what you want to do, when you want to do it.
What is the real wealth of life?
True wealth is the ability to live life on your own terms. It’s freedom. Tony explains that money itself isn’t wealth, it’s a vehicle – a tool you can use to achieve financial freedom, to go after the dreams you didn’t think were possible, to design your life in a way that makes you feel alive and fulfilled.
What determines your wealth?
Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
Can you think of a few things that come with freedom and Cannot be bought with money?
Answer: happiness is the one, comes with freedom not with money.
How does freedom make money?
Freedom! uses YouTube’s monetization feature for channels to generate income. Monetization allows you to put ads before, during, or after your video. You get paid a small amount of money for every person who watches the ad.
Does financial freedom make you happy?
Money can buy amazing things but once you have the basic necessities in life, like clean water, food, and safe shelter, the only way money can bring you true happiness is by providing you with financial freedom. And you’ll never enjoy that if you buy so many things you have to store them in a separate location.
What real wealth looks like?
True wealth is the ability to choose how you live and spend your time on things you “want to” do rather than things that you “have to” do. It’s about having complete control over your life, your own actions and the reactions to all things outside of your control.
What is the greatest wealth?
Perhaps, however, the one that best defines how central well-being is to human happiness and prosperity was coined over 2,000 years ago by the Roman poet Virgil, when he said, “The greatest wealth is health.”
What are the four types of wealth?
Wealth consists of many aspects like our health, relationships, finances, and time and can be broken down into four categories :
- Money (Financial Wealth)
- Status (Social Wealth)
- Freedom (Time Wealth)
- Health (Physical Wealth)
Why is wealth important?
It provides you money to fulfil your future goals. It offers a steady flow of income even when you are no longer employed or working. This can be a great way to ensure financial liquidity and help your loved ones to continue to live a life of comfort, abundance, and security.
Why do people think that wealthy people are always rich?
This may be true to the public because we have been conditioned by the media and marketing to believe so. When someone drives a luxury car, we see them as wealthy. When someone lives in an upscale neighborhood, we expect them to be earning more money and are wealthy.
Why does money buy power and influence?
They need only to purchase whatever it is they want, from subverting the government to obtaining small children to satisfy their sexual predilections, money is the universal solvent. Money buys power and influence because it is power.
What do highly successful people believe about money?
Highly successful people believe that money is a vehicle that makes dreams possible. And to them, money is just the byproduct of their hard work. It is the means to an end. And they do not focus on making the most money; rather, they focus on building their businesses and chasing their passion.
How much money do you need to be wealthy?
If you are earning passive income from your investments for $5,000 per month, but your monthly living expenses are only about $3,000 per month, you are wealthy because you are able to retire, stopped work, and still are able to survive for as long as you want. Another important factor you need to consider when it comes to wealth is your feeling.