What Is Your Greatest Wealth

It is what you know that is your greatest wealth. It is what you do not know that is your greatest risk. There is always risk, so learn to manage risk instead of avoid it.” “If you realize that you're the problem, then you can change yourself, learn something, and grow wiser."

A famous quote from Rich Dad, Poor Dad by Robert T. Kiyosaki.

What is Wealth ?

According to the Oxford Dictionary, "Wealth an abundance of valuable possessions . " Everyone in this world holds different possessions to which he uses. The wealth one hold are very important to them they come in different forms in our daily life such as ;

1. Financial wealth
2. Social wealth
3. Physical wealth
4. Mental wealth
5. Time.

The above forms are the greatest forms of wealth to mankind. As shown above each of these forms of wealth covers a major aspect of your daily life. And acquiring them is very vital for our living. We are currently in the information age where access and control of information is clinical for our existence. The information you need can be gotten by knowing what you don't know i.e. sourcing for knowledge . Wealth can also be possessions that one can use for transactions. Examples of those transactions are stated below :

1. Financial wealth : These can be in form of money or asset that can be used to get food, shelter, clothes, vacation etc .Transaction here is- financial wealth= need and wants.
2. Social wealth : Aristotle the legendary Greek philosopher said, “Man is by nature a social animal." Which means that we must mingle with other humans alike and to do that we must have a certain status or role. In every human community there are different social status which are ; the rich or poor ,the obscure and famous etc. This social status one can get through financial wealth. The social status and behaviour of a person greately impacts his mental well being . Transaction here is-financial wealth=social wealth =mental health .
3. Physical wealth: It is also called physical health because health is wealth . This can be gotten through a very sound medical care and fitness routine. It is easily acquired by the financial wealthy. Since health is wealth a healthy body will be able to get more wealth .Transaction here is-financial wealth=physical wealth=financial wealth.
4. Mental wealth : The state of mind must be in good health to think clearly to get more financial wealth .Transaction here is-financial wealth = mental wealth = financial wealth.
5. Time : With financial wealth you can buy other peoples time but you can't buy more time for yourself . It is important to use our personal time wisely. Transaction here is- time =financial wealth=buying other peoples time.

There many other forms of wealth but the ones stated above are what we have to deal with on daily basis .

What is Risk ?

Risk is a situation involving exposure to danger. During our lifetime we take countless numbers of risk. It is usually not the numbers that matters but how well you manage those risks that matters. Risk management is important but it is not what I am here to talk about. There are many book that focuses on risk management. People read them but tend to forget that you cannot manage something you don't know about. Again the knowledge of the risk is a very valuable asset that you must learn to see with our minds and eyes. There are different forms of risk such as

1. Financial risk
2. Social risk
3. Mental risk
4. Physical risk
5. Risking your time.

These just few of of the many risks in our daily life that we must learn how to mange so we can move forward in life .

Why explain wealth and risk ?

Majority of the masses tend to mistake wealth as money and risk as something that should not be take at all . What they lack is knowledge and information on such matters. IF you learn you earn. The quote above mentioned learning to mange risk. My reason for explaining wealth and risk is because of the masses misconception of what they are . May be it is because most children have been fed that wealth is being rich and so they have grown up with that mindset. The mindset that makes them neglect all the other aspects and forms of wealth . In turn that have made them have slow progress in life .

Back to the quote which says,

It is what you know that is your greatest wealth. It is what you do not know that is your greatest risk. There is always risk, so learn to manage risk instead of avoid it.” “If you realize that you're the problem, then you can change yourself, learn something, and grow wiser."

My questions to you are ,

• What do you know about wealth or about anything in general ?
• If you do know anything about wealth then ask your self, Am I wealthy ?
• Are you ready to learn and grow ?
• Are you will to take risks and manage them?
• Can you actively realize your problem ?
• Are you willing to change yourself ?

These are the questions you should ask yourself to know where you stand.

On this note I want to give my final opinion on this quote

We are in the information age where knowledge and information are important. It is what you know that is your greatest asset because you can use it to gain and get all the wealth you want and need for your life time. But regardless of that there are risks that comes with it which you must manage. To get this knowledge you must be willing to learn. Learning and essential aspect of knowledge because without it you will never be able to get the knowledge. It is like having seeds with out a farmland and you want to grow crops. Learning is an important aspect of life that must be taken seriously because failure to learn is failure to earn. Another thing is the ability to identifying the problems which we must try to identify. Identifying the problem we not solve it for us but we must be will to solve the problem or manage them like risk. Learn to grow and change to the dynamics of a situation that is not something that can only be gotten through knowledge but also having the willingness to adapt or change. This all boils dow to your resolve how strong is it ?

The knowledge you seek is nearby. It is contained in books, calm thinking and analysing situations . I am currently trying to build my knowledge by making the effort to read books on topics which I have shared in this article and will share in future articles. I admonish you to gather all the knowledge you can and use wisely.