What does it mean to “be rich” to you? I know many of us believe that being rich is living in a massive mansion with exotic cars, exotic women, and exotic animals. America has conditioned us to think along these lines- having millions upon millions of dollars is the definition of being rich.
These dreams of wealth can be misleading and also damaging to the psyche. People who stop believing that they can be rich also lose the drive to do so. Our imaginations run rampant and then completely stop when we think we cannot achieve this wealth style.
What if I told you that you could be rich? Not just rich but extremely rich? Would you believe me- or better yet, would you believe in yourself? That is my goal for today’s article- to help you envision true wealth.
Nobody Owes You Anything
Dirt Rich. My vision of wealth starts with the earth- explicitly returning our bodies to land and nature. Nature is where we are supposed to be and where we will feel the most comfortable. My wife and I own two homes that each has 3 acres of land. Going outside in these homes resets my whole mind, body, and soul.
The world’s stresses seem to disappear as we walk through the desert of Arizona or the trees of Florida. We feel as though this is where we belong. Kris (my wife) feels more at home in the lush trees, and I love the desert more. Either way, being “dirt rich” is the start of our journey.
The book “Dirt Rich” is about a couple who leaves the city to start a sustainable farm. They fully envelop themselves into the natural atmosphere of the land and nature. I am not saying that you have to go this far, but it is an excellent book to read about the earth’s healing power. Also, it explains how the ground can be a lucrative business for you as well. Many people are starting to understand and desire a return to nature, but they may not know how to get there. As an entrepreneur, it is your job to solve others’ problems at a profit.
Family Rich. Who better to share your earth with than your family? After 40 years of life, I have learned one main thing- family is what matters. I have lost more friends than I have kept. All that remains are a couple of my diehard friends and my entire family.
I wrote an article entitled “The Advantages of Adult Children Living at Home part I and II,” which chronicles the idea of families staying together. It is funny because family businesses almost entirely ran America. Families started to break up during the industrial revolution and the beginning of the 40-hour workweek. The workweek also brought us away from land and family and into insolation and cities.
Mentorship is Dead
However, now is the perfect time to reestablish our family values. Working as a team will net us huge returns of land wealth, family wealth, and money wealth. It is easy to stick together as a family; all we have to do is try. The effort alone is all that it takes.
Many people I talk to love to say how far away they want to be from family. I guess it is an American thing to want to be isolated and alone. If you ever get the chance to go overseas to a second or third world country- please take the opportunity.
Living and visiting overseas is what gave me this family mindset. In Turkey, for example, you will see families eating all meals together, every day. Not just small children, but grandparents, parents, children, and grandkids. Everyone unites daily. It is humbling to see that happiness and wealth start and end with the family. That is my proposition to you.
The Invisible Budget
Money Rich. Money wealth may be the hardest to obtain- mainly because we don’t know what it means to be money rich. Time is Money. Have you ever heard this short quote? It may be the deepest saying you hear in your life.
Time is freedom. Freedom is family. Therefore family equals time. You have to buy the right to spend time with family. This simple equation is why so many of us are lost and don’t know genuine wealth.
Life is about spending time with family; however, we work to pay off liabilities. We get to spend two weeks at home with family during Christmas break, during which we are disrupted by work-related issues constantly.
The truth is you have to buy yourself freedom from this rat race. The cost isn’t money but education. The idea is to make money all day, every day, without going to work. This concept is called passive income. I explain it in my four-part series “Cash Flow 101.”
If we can leverage passive income from retirement income, investment income, business income, and rental income, then our time will become our own. However, you do not just wake up and start building a passive income stream. It takes research, action, and consistency.
All Rich, All Day. Now, I can put everything together. I want to be on land or sea, with all of my family, and not have to worry about money. As I walk around my farm with my grandkids, I want my retirement pension, rental income, dividends, and royalties; all being directly deposited into my accounts. I want my wealth on auto-pilot- with me safely removed from the equation of making money.
When is Enough Money…Enough Money?
That is my goal and how I define “Being Rich.” Time is the only thing that we cannot buy more of, so it is our most precious resource. Spending all one’s time working to pay off liabilities such as boats, homes, and cars is not my style. I want a simple life of family, land, and passive income.
I cannot imagine a life better or more prosperous than spending my days with my wife, drinking coffee, and watching the grandkids play. However, I want the money to support this dream; I do not want to limp into old age with no education and money.
Now is the time to decide what your definition of “Being Rich” is- and how you plan to achieve your goal. Will you focus on material happiness and wealth through the eyes of the Joneses? Or will you focus on family and time? Ultimately, the decision is up to you but remember the one thing you do not have much of- is time.
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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