047 – Nine Elements of World-Class Wealth
What’s is world class wealth?
- A world-class inner life.
Your outer world, who you are and the quality of your life, is 100 percent determined by your inner world. Your inner world consists of your peace of mind, the quality of your thinking and living authentically. Are you living your true values or doing things based out of fear and worry? Your inner world determines your self-worth and how connected you are to your core.
- World-class health.
Your health is a very important part of wealth. If you don’t have your health, you have nothing. At the end of your life, the things you now perceive as the big things might be the little things. When we are young, we will compromise our health for wealth, but when we are old we will gladly sacrifice all of our wealth for just a little bit of health.
It’s extremely important to put health first, if you really want a world class life. We take our health for granted until we lose it, then we spend all our waking time trying to get it back. Those who don’t make time for exercise must eventually make time for illness.
- World-class family life.
Having loved ones around you, and being able to see your family whenever you choose, is a crucial part of success. The greatest support system in the world is good family and friends. You can’t be careless here; you need great relationships and those who make you better. Remember, you can’t change your family, and trying to do so will cause you endless stress and frustration. Love them and appreciate them for who they are.
- World-class profession/career.
The attitude you bring to your days determine your destiny and it’s extremely hard to carry a great attitude when you don’t enjoy what you do. According to the new Gallup survey “71 percent of employees are activity disengaged at work.”
Be patient and figure out your strengths. Purposefully choosing (or creating) your ideal professional is crucial to a world-class life. When you love what you do, you’ll never work a day in your life. It’s important to get to the end of your career knowing you gave your best. Yes, unexpected circumstances do happen but you are in control of your own future through the choices you make. Life is neither easy nor promised, but it’s how you adapt and adjust that determines what happens next. Never settle.
- World-class financial freedom.
Less than 5 percent of our society will be financially stable by age 65. WTF? Money is extremely important and makes the world go around. It also gives you one of the most important aspects of a world-class life — freedom.
Money allows you the choices to do what you want, when you want, wherever you want, so you can live on your own terms. What’s your game plan to assure a financially free future?
- World-class friends.
You become who you spend the most time with. Are the people you’re associating with holding you to higher standards and challenging you? If you spend time with people who are playing at a world class level, you drastically increase your chances of doing the same. Their ways of being will rub off on you. You’ll adapt their philosophies and perspectives.
Start surrounding yourself with people whose lives you want to emulate. Keep company with those who are thinking and acting at an extraordinary level.
- World-class experiences.
Ultimately, life is an adventure. Experiences and memories are what separate the elite lives from the mediocre. I’ve recently started focusing more on producing instead of consuming, and valuing experiences over material things. I like both, and appreciate the finer things in life, but after studying countless world-class people, it’s clear they are constantly creating memorable experiences. What’s the point of doing something if you’re not having fun?
- World-class impact and legacy.
The worthiest aim of life is service to the world around us. How much difference are you making in the world around you? Are you adding consistent value that improves the lives of others?
Generosity is the key that unlocks happiness. There is no greater feeling than when you help or give to others, asking for nothing back. Whether it is a compliment or a small gift, do something nice for somebody every day. Realize every tweet, every blog post and every conversation you have is part of your legacy.
- World-class spirituality.
The day you realize that life is not about the here and now, that life is not about you. That there is someone bigger that you can lean on when there seems to be nothing else. When this life is bigger than you. When someone loves you unconditionally. That you are not in control. That you are living for a greater purpose. That you have a savior. This makes the other eight elements align.
original article by Peter Voogd. There are 8 Indispensable Elements of Real Wealth and 7 Aren’t Money
About the author, Scott Wellens
Scott Wellens, CFP® is an investment advisor and founder of Fortress Planning Group. After earning his Bachelor of Science degree from the University of Wisconsin-Oshkosh, Scott quickly ascended to become a Vice President of North American Sales at a major regional provider of telecommunications infrastructure. While financially successful in this role, Scott searched for ways to pursue his passion related to financial literacy and providing financial freedom for both his own family and others. During his search, Scott became curious about the significant gap he found in the financial services sector: he was unable to find a comprehensive financial planner that maintained a family stewardship lens without being attached to financial products. Scott decided to fill that gap by creating his own planning firm that maintains a strong passion for comprehensive, unbiased wealth planning that is genuinely client-centered.
Scott resides in Menomonee Falls, WI with his family. He is the father of three active and independent daughters who keep him on his toes. Scott is an active community member, serving on the Hamilton Education Foundation Board, serves as a Dave Ramsey Financial Peace facilitator and leads the All Pro Dad’s group at their local elementary school. Scott enjoys spending his free time visiting state parks with his family, reading, and watching the Milwaukee Bucks and the Green Bay Packers win ball games.