What is wealth?
Wealth when define by different individual, it gives us different meaning. Some say, it means having abundance of money, others call it heaving good health and living a desired lifestyle.
But wealth is actually much more than the things we see in life.
Wealth is a state of the mind.A wealthy mindset or rather a rich mindset is the state of the mind that brings in the things you desire.
Fun Fact
A person who just won a lottery is not wealthy. He is just rich. But without the correct mindset of the wealthy, he would have gone broke in just a few years time.
In fact, according to multiple studies, people who win the lottery are twice as likely to file for bankruptcy than the general population.
- 70% of all lottery winners end up going broke and for a bankruptcy in within 10 years.
- 1% of lottery winners will go bankrupt on the first year.
- 43% said that their money had no effect on their happiness.