Most people immediately think about money when one mentions wealth. Although money is an important component to ensure a certain lifestyle leading up to and into retirement, there are many other factors and measures of wealth that lead to a fulfilling life and retirement.
There are many ways of measuring wealth, and the limited ones mentioned below can be expanded exponentially. I intend this article to point out that wealth goes beyond only money.
Monetary wealth (cash and investments)
We get an overdose of information and literature about the "money side" of life and retirement.
One cannot dispute the importance of prudent money management principles and accumulating sufficient funds to ensure an independent, self-sufficient retirement. I will not elaborate on the monetary wealth component in this article.
I will, however, point out the risks of being obsessed with money and accumulating monetary wealth at the expense of some of the other wealth areas in everyone's life.
Freedom wealth (time)
Freedom means different things to different people. In general, we can consider freedom of movement, freedom of association, freedom of speech, freedom of religion, political freedom, freedom of love, freedom of choice and any other freedom you may choose.
This story is from the October 29, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 29, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Breaking down the auction world
The South African Institute of Auctioneers (SAIA) has unveiled a groundbreaking new resource aimed at making auctions more accessible and less intimidating for everyone.
Breaking down the auction world
The South African Institute of Auctioneers (SAIA) has unveiled a groundbreaking new resource aimed at making auctions more accessible and less intimidating for everyone.
Discover hidden gems
'NOVEMBER ART': SOME OF MOST INTRIGUING WORKS ON OFFER
Race-by-race guide to Sha Tin meeting
Luke Middlebrook's early tips and race previews for Sunday's racemeeting at Sha Tin in Hong Kong
Nahaash to bolster Costa's run
Michael Costa, the top trainer in the Emirates this season, has dominated Jebel Ali's first two meetings, saddling seven winners at the Dubai track.
Roberts hopes to See It Again
IMPROVEMENT: TRAINER FEELS HIS CHARGE HAS COME ON MARKEDLY WITH GELDING
BOWLING BLITZ
JANSEN: TALL PROTEAS SEAMER RIPS INTO SRI LANKA
Nabi bemoans Chiefs finishing
Kaizer Chiefs head coach Nasreddine Nabi has reiterated that his side are nowhere near the level they are aiming for, after they beat Richards Bay 2-1 in the Betway Premiership on Wednesday.
Iga accepts doping ban
Paris French Open champion Iga Swiatek escaped with a onemonth suspension for a positive doping test after convincing the International Tennis Integrity Agency that it had not been intentional, the ITIA announced yesterday.
Proteas must work on bowling
After slipping in another defeat to England, all-rounder Chloe Tryon admitted the Proteas women's team were not good enough with the ball in the second T20 International in Benoni on Wednesday night.