Money vs Wealth

Q What does Wealth mean to you?
freedom. Freedom from constraint. Freedom to make better wealth decisions and investments. Freedom from the raterace

Q What does money mean to you?
If you’d asked me this question first, I’d have responded as above.

However in the context of “wealth vs money” it changes how I think about it.

When you ask people about success, normally they equate it to career and monetary success.
It’s the same with wealth.
Wealth can mean more than just pointless endless accumulation of monetary assets.

I have a hunch most folk would be just as happy with stability and £60k as they would earning £100k.
After a certain point there’s not much difference so long as you have enough to live comfortably and afford some luxuries.

“Most people spend money they don’t have to buy things they don’t need to impress people they don’t like.” – Dave Ramsey

I’d add most people squander their time their time on things with no value,
glued to their lightboxes and dopamine hits.

So in this context, money is something I spend to buy time;
Time to spend on the things I enjoy.

Immediate (Design Hero funds my lifestyle (240k/yr)
Short-term (5 years) Building a scaleable business to sell digital products.
Long term (5 years+) Diversified wealth. Book sales. Content. Property. semi-passive businesses

I invest my money to buy time. I invest my wealth to buy stability and freedom.

Picture of Nicholas Robb

Nicholas Robb

Founder, Design Hero
Author of Life by Design

More tips on stoicism for solopreneurs...

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