The first step to attaining a powerful position of wealth and affluence is to define what wealth really is. Not everyone has the same definition, so this article is intended to give you a framework for defining wealth. A few notes:

*Define affluence or wealth? There is a reason why the dictionary has the words “wealth” and “bling” parallel.

*If you earn a moderate income, then your definition of affluence might be “an abundance of possessions”. First, a moderate income is not an abundance of possessions. It might be enough to meet your basic needs and perhaps to something like “treats” from your significant others. That would be considered affluence by anyone not just the narrowest of the observer’s viewpoint.

Let’s say APR is 35%. Your yearly income is $40,000. If you took 10% out of that $40,000, that would leave $22,000.

Knowing everything we need to know about APR, it immediately becomes clear that the state of Affluence or Wealth is when your active income is more than the passive income you’ve built up over time, that is, your income exceeds your expenses (and maybe some of your investment income as well).

When this income exceeds your expenses, you are in Affluence or Wealth. From here, it’s simple math; if your passive income lowers your passive expenses, you are in Affluence or Wealth. If your passive income increases, your passive expenses will likely rise and you will be in Wealth.

On the flip side, if your passive expenses are higher than your passive income, regardless of how much you increase your passive income, you are in a Reality of Neglected Affluence or Wasted Affluence. This simply means you are spending more than you are presently making. This leaves you in two places. You have potential for another source of passive income, such as another career or side business.

In Truth, however, about 90% of people in Affluence never achieve Afflette or Wasted Affluence.

*Define Security.

Wealth is security in the basic sense of the word. Who would not want security in their ability to have possessions and a desired lifestyle or not to have their checks from the paychecks being deposited in their bank account? Security is a basic human desire.

Some people might express their desire to be wealthy by saying:

Money makes me wealthy, I am wealthy, or I am a wealthy, elitist, or common man.

While it is certainly true that money is the primary reward for hard work and productivity in a capitalist society such as the United States, one must ask how and why the desire to be secure in one’s finances developed.

With the materials inventions of the 20th century, a great deal of wealth was created not by hard work and productivity, but by the concepts and the truths of financial theories such as Einstein’s theory of gravity and the theory of infallible markets. These financial theories were released into the market and were all too available.

There is truth in the saying that “Failing to plan is planning to fail.” The theory of markets, such as that of infallibility, are romantic, false, and more often then not completely unpredictable. The same is true of the economic theory of universal accumulations and the scientific theory of production. The theories are fallible.

There are two options for counteracting the theory of infallible markets and the theories of production and accumulation. Educating yourself with the concepts of capital and production and the economic theories of the 20th century such as production, accumulation, and wealth, can give you a counterpoint and are a way of telling yourself, “You can be the company trying to make money in the market.”

*Define Vague Affluence.

The Myth:

Affluence is when everything is made by plan. The Client:

Having a multiple number of sources of income.

The Verify:

A thoroughly thought out strategy, based upon aspect and idea.

The Affluence:

A lavish lifestyle or the accumulation of it as in the case of production and accumulation.

In the end, the only real way of achieving abundance is by planning and strategy.