What does it mean to be wealthy? In today’s fast-paced world, we often think of fat bank accounts, luxurious mansions, and extravagant lifestyles. However, based on a recent survey by Charles Schwab, it extends far beyond monetary value.
At Abound Financial, we also believe that wealth embraces a holistic approach to life, including financial well-being, personal fulfillment, and meaningful experiences. Here are five ways we target abundance in our client’s lives:
- Redefining Wealth: Wealth has traditionally been defined by financial metrics alone. But what if we broaden our perspective? According to 2023 Schwab Modern Wealth survey results, a majority of Americans believe true wealth encompasses emotional well-being, strong relationships, personal growth, and the ability to pursue passions and dreams. Abound Financial embraces this comprehensive definition, understanding that true abundance lies not in accumulating wealth for its own sake but in harnessing its power to create a meaningful and purposeful life.
- Financial Health as a Foundation: While wealth extends beyond money, financial well-being remains a crucial foundation for a fulfilled life. Abound Financial specializes in comprehensive financial planning designed to empower individuals and families to achieve their financial goals. We can help you lay a strong foundation for a fulfilling retirement by aligning your financial resources with your values and aspirations.
- Cultivating Life Enrichment: Being wealthy involves more than just material possessions. It’s about nurturing personal growth, expanding horizons, and seizing enrichment opportunities. We support our clients in investing in themselves by making sure we focus on their finances. Whether through education, self-care, or exploring new hobbies and passions, embracing lifelong learning and personal development can bring you joy in countless ways.
- Prioritizing Relationships: 62% of Americans believe one of the most significant aspects of wealth is the quality of our relationships. We can help you integrate your financial goals with your broader aspirations, from planning for family milestones and supporting charitable endeavors to leaving behind the gift of generational wealth.
- Living with Purpose: Money finds its ultimate meaning when it is used to make a positive impact on the world around us. We work with clients to identify how their passions and philanthropy can make financial sense. By aligning your financial resources with your core values and purpose, you can create a lasting legacy that extends beyond your lifetime.
For many of us, ‘wealth’ is more about what our dollars can do for us than the number of dollars we have. Our philosophy has always been about helping our clients achieve their version of abundance. We handle the nitty-gritty of your finances so you can focus on what really matters. If you want to learn more about how we can be your partner in your financial journey, contact us today.
Reference: Schwab. (n.d.). Wealth is More Than Money. Retrieved from https://www.schwab.com/learn/story/wealth-is-more-than-money