Beyond Money: Identifying Your True Assets

You’ll naturally value your and others’ intangible treasures by seeing everything as an asset.

Photo by Pickled Stardust on Unsplash

I often find it perplexing to hear wealthy individuals say, “Money can’t buy happiness; it isn’t everything.” There are many reasons to doubt this statement, such as thinking, “They say that only because they’re rich.” To this day, I jest with friends whenever someone brings up this sentiment.

However, this article aims to suggest that perhaps they aren’t wrong. Maybe money truly isn’t the asset that governs all.

The Three Common Types of Assets

Assets are what we own and can utilize for personal purposes. Managing these assets means leveraging them effectively to ensure a comfortable life.

However, when we think of assets, we often only consider tangible or intangible ones. While tangible assets require significant effort to acquire, intangible ones often need tangible assets to be easily obtained.

For instance, financial stability is often seen as a prerequisite for happiness, and to have diverse experiences, one might need a flexible job with a high income. But should we amass tangible assets before focusing on the intangible, or should we prioritize the intangible…