What Is Wealth?
Does that seem like a silly question? Maybe it is, but have you ever considered your attitudes about money? When and how did you learn about budgeting, financing and other money matters?
Whether you have none or more than you can count, your opinions about money were probably formed early in life. And it most likely doesn't have much to do with how much money you had, unless you were extremely rich or poor.
I grew up in the south in the 60's. My parents were students at A&T at the time of the sit-ins and demonstrations. The schools were still segregated when I started. In spite of these things, I knew early that economic status was a much larger and more frequent cause of discrimination that either race or gender. I believe it was true then - since economics was the reason for most institutional racism. And it is even more true today.
My being black and female may or may not have influenced the treatment I've received at banks, real estate agencies, and medical offices. I believe that it did. But your financial status definitely has an immediate effect on how you will be perceived and treated. It even decides whether or not you will be allowed to have the things you and your family need to live.
So, other than money, what is wealth? I have many definitions and I'll share some from time to time as we talk about building wealth. After all, you have to know what you're looking for before you can find it.
Whether you have none or more than you can count, your opinions about money were probably formed early in life. And it most likely doesn't have much to do with how much money you had, unless you were extremely rich or poor.
I grew up in the south in the 60's. My parents were students at A&T at the time of the sit-ins and demonstrations. The schools were still segregated when I started. In spite of these things, I knew early that economic status was a much larger and more frequent cause of discrimination that either race or gender. I believe it was true then - since economics was the reason for most institutional racism. And it is even more true today.
My being black and female may or may not have influenced the treatment I've received at banks, real estate agencies, and medical offices. I believe that it did. But your financial status definitely has an immediate effect on how you will be perceived and treated. It even decides whether or not you will be allowed to have the things you and your family need to live.
So, other than money, what is wealth? I have many definitions and I'll share some from time to time as we talk about building wealth. After all, you have to know what you're looking for before you can find it.
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