The relationship between happiness and wealth
I think it is safe to say that most of us want to be happy compared to not happy, and most of us want to be wealthy rather than not wealthy. But, what is the relationship between these two? In …
Author: Surjeet Mastwal
How much money do you need to fill your economic wealth bucket?
Total wealth is a combination of three independent equal parts: Economic, Social, Intellectual. This can be thought of as three separate buckets. The economic part is an important part of total wealth, but how do you know if your economic …
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Importance of taking time to increase the social part of wealth: advice from Warren Buffet
Some of the wiser highly economically wealthy people understand the value of also accumulating the social part of wealth. Warren Buffet is one of the top 5 richest individuals in the world. Highly successful economically, he is also very wise …
Harvard study regarding the importance of the social part of wealth
One of the most comprehensive long term studies related to life happiness, satisfaction, health, and longevity backs the important role of the social part of wealth in life. It upholds that social connections improve all aspects of a person’s life, …
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Planting and growing a real money tree
Since some amount of money is required in life, it would be nice to have a money tree. Most people believe that a money tree is just a fantasy. Fortunately, a money tree can be real. Just like a real …
Hobbies, Passions, and Dreams: the main components of intellectual wealth
Actions and activities that are done with desire are the building blocks of intellectual wealth. These activities can be anything, as long as you want to do them. As soon as you do not want to do an activity but …
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Family: a reservoir of social wealth
At the moment that we are born, we inherit a huge reservoir of social wealth: family. If you are lucky, you inherit a large number of family members who positively interact with you. Regardless, we all inherit at least some …
Two types of economic people: Lenders and Borrowers
There are two main types of economic people: Lenders and Borrowers. Lenders lend out money and make money by charging some amount on the money that they lend. Borrowers take money from the lenders and pay back to the lender …
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Four main steps for increasing your intellectual wealth
Intellectual wealth is the total value of the resources you have to meet your individual human intellectual desires and is a very important part of our overall wealth and life satisfaction. Here are four general steps that can be taken to …
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Four main steps for increasing your social wealth
Although most of us focus strongly on increasing economic wealth, taking steps that can increase your social wealth is just as important for increasing life satisfaction. Here are four general steps that can be taken to help do that. Step …
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