Are You Prosperous or Wealthy?
Those who live prosperously will not become wealthy, and in fact,
they will eventually be poor.
Now that may not seem to make much sense, but let’s explore these words and their meanings.
The nuance here is that there is an abundance of material things. I live in a very affluent area, and “prosperous” describes most people here. They work hard, make a lot of money, and spend a lot of money. They have a lot of material things.
In contrast, “wealthy” is defined as having a great deal of money. Not had and spent. The wealthy have money. Notice the focus on accumulation here. They still spend, and perhaps quite a lot, but they don’t spend so
much that they can’t accumulate.
In the case of “poor,” these folks are struggling with the expenses of normal life. Now sometimes this is due to circumstances beyond their control, and I’m not talking
about those cases here. I am talking about
people who are making decisions today
that are going to cause them to be poor
in the future.
Are you tracking with me so far? Let’s look at the habits of the two that I come into contact with the most, the prosperous and the wealthy. As you read through this chart, for each row put a check mark in the column that best represents your household.
So how does your household compare to the habits of the wealthy? Are there areas where you might need to make some adjustments? If so, take one area at a time and start adjusting your thinking and behavior. The risk for loss in the long run is high if you don’t, but by the same token, the potential for gain is great if you do. The emphasis there is on the doing because most of us know the right steps to take, but knowing doesn’t make the difference. Doing does.
Feel free to email me with any questions or comments. I love hearing back from you each week!