In a world where wealth and success are often synonymous with financial accomplishments, it’s important to reevaluate our understanding of what genuine prosperity truly is. Wealth goes beyond the mere accumulation of money; it encompasses a holistic approach that includes personal health, relationships, mental and emotional well-being, the ability to make a positive impact on others and financial health. —– how do you shift your micro-focus on money to become truly wealthy like the richest of people?

 

Redefining Wealth

Let’s start by redefining wealth. As stated earlier, many associate wealth with monetary success but true prosperity encompasses a wide range of factors. It’s not solely about the size of your bank account or the assets you accumulate. Rather, wealth includes various dimensions, such as family, health, happiness, and the ability to lead a fulfilling life.

 

Shifting the Narrative About Money

One common but unfortunately misplaced belief about wealth is that “money is the root of all evil.” It’s essential to clarify that the actual saying is “the love of money is the root of all evil.” This distinction is crucial. Money itself is a tool, neither good nor evil. It’s your relationship with money and how you use it that defines your actions.

 

Serving Others as a Path to Wealth

A fundamental principle of true wealth is serving others as a pathway to prosperity. Instead of solely focusing on making money to satisfy yourself, consider how you can solve problems and make a positive impact on others’ lives. Zig Ziglar’s famous quote encapsulates this philosophy: “If you help enough people get what they want, you’ll get everything you want and more.” This wealth is about enriching the lives of others and, in turn, finding personal fulfillment.

 

Vision of Wealth

To start creating wealth, you must have a clear vision. Imagine your wealth not just in terms of financial figures but as a multifaceted concept. What does your health, relationships, activities, behaviors and bank account look like one year from today? How about three, five, or ten years from now? True wealth is aligning your vision and behaviors to achieve the outcome you value most.

 

The Art of Intentional Imbalance

Finding balance in life is often a goal, but it’s equally important to embrace intentional imbalance. Instead of striving for perfect equilibrium, focus intensely on specific aspects of your life for designated periods. This will throw off your ‘balance’, but will provide deep satisfaction as each aspect is fulfilled and momentum gained. For example, if your goal is to provide affordable housing for others, channel your efforts into achieving this purpose and eliminate other interests until you’ve achieved a set goal with that one effort. Intentional imbalance allows you to make significant strides in your wealth generation journey.

 

Taking Control of Your Life

True wealth is closely linked to being in control of your life. This control spans various areas, including personal and professional domains. Embrace intentional actions, serve others, and solve problems. Building wealth should be synonymous with making a positive impact on the world and ensuring your actions align with your vision.

 

Using the Power of Your Imagination

To concretize your pursuit of true wealth, consider creating a vision board or wall. This is helpful in two ways: It forces you to become more specific about what you want. And visualization is a powerful, science-backed tool that keeps your goals at the forefront of your mind. By constantly reminding yourself of your aspirations, you remove what isn’t important and focus on what is. 

 

By embracing intentional imbalance, serving others, and maintaining a clear vision, you can unlock the path to genuine prosperity. So, what does your wealth look like one, three, five, or ten years from now? 

 

It’s time to start crafting your vision of true wealth and taking control of your journey toward it.

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Jim and Nick discuss this in more depth in Episode 228 of the Breakaway Wealth podcast. 

 

If you’re interested in learning more about taking control of your finances, this is a foundational discussion you don’t want to miss. 

 

Listen to the full episode: https://breakawaywealth.libsyn.com/living-with-purpose-with-nick-kosko