Key Highlights
- When you think about wealth and what it does for someone and their quality of life, there are a few ways to view it.
- Certainly wealth "buys" freedom and flexibility, which is arguably the most important role of wealth. But, at a micro level, measuring wealth for many Americans is about day-to-day quality of life.
- On one hand, wealth should grant access to wants — goods and services above and beyond your day-to-day needs.
- WHY GEN Z DOESN'T WANT TO HAVE KIDS Video Wealth is also supposed to be a shield against the stresses tied up with money, reducing worry over covering basic needs and feeling like you have financial breathing room from day to day and month to month.
- Today in America, at a practical level, we live with a wealth paradox. We have access to luxuries that people of hundreds of years ago couldn’t have dreamed.
