How do you define wealth?

Posted on January 10, 2012
Filed Under Magic, Taylor Ellwood, wealth magic | 4 Comments

One of the questions I’m asking and answering as I start work on the wealth magic book is how I define wealth. Do I define it as money? The answer is yes and no. I think money is an essential characteristic of wealth, but doesn’t solely represent wealth. Actually I’d argue that money can represent wealth, but it can also represent poverty and a whole host of other meanings. Money as a symbol is…quite diverse in meaning.

Wealth, on the other hand, isn’t necessarily so diverse, but certainly it can be illusive. What is wealth? What does it really mean to be wealthy? The definition of wealth is something that seems to tease people. And what one person defines as wealth another person disagrees with…not that it really matters. The real question is: Can I embody my definition of wealth in a way that is maintainable?

Speaking from experience, its taken me a while to embody wealth in my life, and maintain it. I’m still learning how to do it, although I seem to be getting better at it each day. Persistence is another ingredient of wealth. You have to be persistent and focused on it, in order to attain it. That’s actually true of anything you want in life. If you really want it, you’ll find a way (maybe even an A).

Magic is one means toward that end, and when you combine multiple means (like creating multiple income streams) it makes it much easier to achieve the desired result. My own quest toward wealth has focused on using multiple means to that end, and its a continual project, one I enjoy thoroughly. If you don’t enjoy it, I advise not seeking it.

My definition of wealth is simple. I love to live by my own rules. Life on my terms is wealth. This isn’t to say I’m in control of everything, but rather that I am doing what I love to do, at my leisure, and maintaining and improving it, while also being able to enjoy everything that brings pleasure to me, and allows me to continue to work on the projects I value most. That’s my definition of wealth.

What’s yours?



Taylor, I think wealth is a place where we heighten our freedom and our comfort the highest we can, but these can also counter-balance - so it is a matter at times if we want more freedom or more comfort. Everyone does this different. I would also say that while Venus rules possessions, Saturn rules land and resources, it is Mercury who rules cash and cash flow!


@aartiana I agree in part. But it's also a question of whether you're really comfortable or simply compromising your ambitions because you don't think that you can have what you're after or doubt whether it will be worth getting it.


@DarkArckana Well, that wouldn't be wealth then, that becomes something else at that point! :-)