Where Are You In The Wealth Range?

Some guys are really lucky. Even before they are conceived, wealth is already available for them to use the moment they are born. And the reason we who are unlucky cannot complain, even if all of us are heirs to the wealth of the world, is that we were not born all at the same time. We evolve, we get born progressively, one at a time or a number at a time. And because of our free will, and our progressive evolution, not everybody will make it in the same way.

Which explains why some are rich and some are poor. The wealth we own or possess is a consequence of our individual and kindred effort. We're in luck if our family heritage is endowed; then, we can begin with some wealth in our hands. Otherwise, we shall begin to build our own family heritage by the wealth we accumulate in our name during our lifetime.

So where are we in the wealth range? Knowing where we are right now in our journey towards financial sufficiency will let us determine exactly what to do and how to do to reach the level of "the good life."

Let's choose our lane in this starting line:

l______l_______l_______l_______l_______l_______l_______l_______l
negative / zero / little / some / enough / a little more / more than / too much


How do we read that? In absolute terms, the labels could mean our levels of wealth in all its forms. As money is the most common form, they could represent the net value of all our accumulations as of the present time:

in debt / 0 /$ 1 - $4k /$4k-$20k/ $20k-$40k/ $40k-$200k/ $200k-$lM/ $lM -$ 2M/ $2M up

The amounts you read are all my personal assessments! You may have your own, and I will not argue with your valuation. What is important is we have a range where we can plot the developments in our journey towards our financial sufficiency goal.

If you will closely examine the starting line, you will note that as much as it locates the starting point for different individuals, it also represents the range or the extent to which we wish to become self-sufficient. So from where we are, we can aim for some wealth, or enough wealth, or even too much wealth. I am not of course advocating wealth accumulation beyond what we will need to enjoy "the good life." I believe any wealth beyond what is necessary will become a problem during and beyond our lifetime.

In my next blog: The need for wealth accumulation, or why most of us fail.