Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
Sentiment: POSITIVE
Owning a home is a keystone of wealth - both financial affluence and emotional security.
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
For most, the largest asset is their home. This becomes a sentimental issue, I know, but if you're holding on to a home that you can no longer afford - or you need the liquidity - you need to think about solutions. One might be to bring in a tenant or roommate; a more drastic measure is to sell the home and downsize.
The richest people are those who have life arranged so they have food for the family and the rent or mortgage paid. After that, at least in my case, it can become a pretty boring existence if wealth is the only objective.
Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be.
To me, wealth is the peace of mind you have, your family, your friends, your colleagues. Everything else is just money, and it really is funny how people pay so much attention to that.
Wealth is the ability to fully experience life.
The greatest wealth is to live content with little, for there is never want where the mind is satisfied.
Infinitely more important than sharing one's material wealth is sharing the wealth of ourselves - our time and energy, our passion and commitment, and, above all, our love.
Wealth is the progressive realization of worthy goals, the ability to love and have compassion, meaningful and caring relationships.