This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Are you satisfied with your standard of living?
The 10 Benefits
Travel: When you have more than enough financial resources, you can travel to most places without the constraints of a traditional job. If you have the travel or nomadic bug, financial resources and flexibility give you that.
Access: When you have more resources, you have access to people, knowledge, and opportunities that may not make themselves available to you if you had fewer resources; this is just how the game works. It’s not personal.
Knowledge: Applied knowledge is power. The reason why most people stay in the exact place they always have been financially being that they lack knowledge, which means they aren’t educating themselves, and if they are educating themselves, they’re not applying the knowledge they’re accumulating. Knowledge is meaningless without application. As you learn new beneficial information about money, apply it immediately.
Time: Money can give you more time because you’re spending less time working for it. Most people spend their entire lives working for money. We must all ask ourselves: how much time will we invest in working and trying to earn more money versus time in creating passive income, so we can focus on doing the activities we most enjoy?
Health: There seems to be a direct correlation between health and money. The more you have, the higher your potential to be healthy. Whether you have money or not, you still have to make a conscious decision to be healthy. Still, money grants you access to higher quality healthcare, which can reverse or mitigate some of the damaging effects your choices have on your health.
Debt: If you play your cards right and live below your means, financial resources offer you the chance to have excess income, which means you don’t have to live in debt like most people do all their lives.
Generosity: Everyone can give, but people with more financial resources have the opportunity to give to others on a higher level.
Quality: When you have more, you can experience more. Stay at more excellent hotels and experience better service, food, healthcare, relationships, vacations, travel, cars, private experiences, etc.
Freedom: More resources give you the freedom to focus on the ventures that are most valuable to you. Do you want to spend all day with your family and friends? When you have unlimited
Opportunity: Many opportunities that can make you money cost money. If you have money, you can jump into new opportunities. If you don’t have money, it can slow down the time it takes for you to reach the next level.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.