Journey To Launch

Episode 396: Visible Wealth vs Invisible Wealth & Redefining What it Means To Be Rich

Oct 16, 2024

31:43

In this week’s solo episode of the Journey to Launch Podcast, I explore the concept of wealth and what it means to be truly rich. While wealth is often defined by an abundance of money or material possessions, I discuss the distinction between "visible wealth" (like possessions) and "invisible wealth" (such as financial security, time freedom, and health). I also emphasize the importance of avoiding comparisons to others, especially in affluent environments, and instead focusing on your own financial journey.

In this episode I share:

How exploring middle school options for my oldest son has me questioning the true value of wealth and financial freedom
Why you should reflect on how you view wealth and financial freedom in your own life.
How different people may perceive wealth and how it can lead to misperceptions about one's financial status.
Why it’s crucial to appreciate the wealth you already have, without seeking external validation.
How to find value in the invisible wealth that people cannot see, such as being healthy, having strong relationships, having savings, and being able to pay bills on time.
The importance of being honest with oneself about why one makes certain financial decisions + more.