True Wealth Unveiled: Unlocking Life’s Abundance Beyond Money

Any financial advisor worth her salt will try to rein in your spending. Stop wasting money on that daily Frappuccino, she will say. Put 10% of your income into a retirement account and overpay your mortgage. 

Maya Angelou’s wisdom reminds us that “you shouldn’t go through life with a catcher’s mitt on both hands; you need to be able to throw something back.” 

When you manage your money well, you embrace the power of giving and sharing, creating a legacy that resonates beyond material wealth.

Your happiness may be stifled by your financial resources if you concentrate solely on material possessions. However, if you align your wealth management with your core values, you’ll prioritize significant objectives over accumulating credit card debt. 

This approach not only enhances your quality of life but also allows you to experience joy through decisions that genuinely contribute value to your existence. 

Wealth and money are on opposite poles of the financial spectrum. Money buys you material things. Wealth buys you a purposeful and fulfilled life. Money is a financial asset. 

Wealth is a cool summer day spent with family and a sunset over the Caribbean. 

Living your true values is a romantic night out on your anniversary and the sense of achievement you feel when you become financially independent. 

Money is wealth, but wealth is so much more than money. While savings and fully paid mortgages are important parts of financial freedom, you are unlikely to manage either if you ignore the things that give your life meaning and purpose. 

Neglecting to be mindful of the choices you make may lead to diminished wealth, both financially and in terms of life fulfillment. 


The essence of wealth planning is deeply personal and can’t be defined by any ledger. You alone hold the understanding of the values that genuinely enhance your life.

Think of your wealth as the sum of everything you care about in your life: the pleasure you take from your career and family, or the material things that truly make you happy. 

Maybe you value people more than career success, but maybe your greatest joy comes from achievement.

If so, wealth planning would entail paying for an (MBA) education that would catapult you to a new rung of professional accomplishment. 

That might include the freedom to serve your community and the health and well-being you hope to protect with the help of well-managed money. An abundance of wealth might also include:

  • Your legacy

  • Your sense of purpose

  • Quality time with friends and family

  • Community Service 

  • Material things—not those the neighbors expect you to own, but that makes you smile.

Everyone defines wealth in their own way. So, before embarking on the creation of your comprehensive financial plan, it is important to identify the value you desire your money to bring into your life. 

Measuring wealth by material assets alone assumes that it comes from external things like the economy, your job, and stock performance. 

This comes with a destructive belief: that wealth comes from factors you can’t control, and therein lies the corrosive core of every failed financial goal.                          

“Holistic Wealth Is the New Wealth.”  ― Keisha Blair 

How Would You Feel if You Had Real Power Over Your Money?

If the source of your wealth were inside of you, how would it change the way you manage your money? If the road to wealth began in your soul, how much easier would it be to set aside those monthly savings? 

If you had all the power you needed to create wealth, how much more likely would you be to ask for that well-deserved raise? 

Fortunately, all these things are inherent: your path to wealth is within you, and you get to choose how you generate it and what you do with it. 

In Buddhism, it is said that contentment is the greatest wealth. It forgets to mention that you have the capacity for both.

The Constant Investment to Make a Shift  

Effective wealth planning isn’t easy to pull off. It demands a profound internal change, and no strategy or tool can achieve that. 

To accumulate wealth, it’s crucial to intertwine every facet of your life through actions that actively contribute to your personal and financial well-being. 

Only your behavior can change your results and thinking. Only a new paradigm can change the way you see your life, but how do you find one? 

The answer is simpler than you might think, by investing in life in a way that’s conscious of wealth building, not money building.

From the moment you wake up until the minute you fall asleep, you make numerous investment decisions that cumulatively change your life. 

Your resource for those investments is time, not money, and it’s far easier to waste than those tempting dollar bills that are so easy to spend. 

Time seems like a renewable resource, and one you’ll always own. Maybe that’s why so many people waste it, but the truth is not so encouraging: an hour wasted is lost forever. 

A new wealth paradigm would ask you to treat each moment as though it’s precious—because it is. 

When you sit down to formulate your holistic planning goals, consider your most important investment assets: your values, family, sense of achievement, and health. 

The more wisely you spend your energy, the more value you add to your daily life. Consequently, that value will carry new energy into your finances, ultimately adding to your material wealth.

Just as your financial investments deliver returns, your investments into your loved ones and sense of fulfillment generate profits. 

Some forms of figurative wealth are like stocks, exchanging high risk for high returns. 

Some, like capital, generate even more assets. Others, like retirement annuities, protect the assets of your long-term future and some like money markets and insurance keep you safe. 

Peripheral investments, such as fitness and nutrition, behave like annuities, demanding regular “payments” to protect your future lifestyle and happiness. 

Some investment funds perform poorly unless they’re pooled like mutual funds. 

Your volunteer work, for example, can do little without additional “investments” by other volunteers and nonprofit organizations. 

Your education is like a stable, high-return stock, leaving you with less time and energy in the short term, but enriching your future generously. 


Your lifestyle requires a comprehensive wealth planning strategy.  Traditional advisors advise high-risk clients not to sell their stocks at every dip in the market. 

Your living assets are often like that. 

Some personal assets, like a master’s degree or internship, require you to stick to your goals over the long term because they only generate returns in the distant future. 

Others, like your career, are more like income investing, delivering returns on a regular schedule. 

Others, like an ethical lifestyle, resemble a socially responsible investment strategy, helping you to feel good about the way you live your life while sending returns to others.

If you know the “investment strategy” each living asset requires of you, you’ll become more tolerant to its risks and more patient with its returns schedule. 

Choosing wealth planning strategies is like shopping for a new car. You need to find the right model for your values and goals.

Each moment of your life is fleeting. In mere seconds, it’s replaced, but if you treat each one as an investment, you can ensure real returns. In so doing, you’re making each moment last forever. 

Now that’s what I call True Wealth!

Written By Patricia Allen,