Monday, February 25, 2013

Good wealth


Millions of dollars of inherited wealth spent recklessly ("Millionaire Image"):  maybe you would say this is bad wealth.  Millions of dollars earned, but through unethical behavior like lying to or cheating other people:   almost everyone would call this bad wealth (the perpetrator would just call it survival of the fittest).

But that is not the common kind of wealth.  It's much more common that good wealth is earned by well-meaning people who are trying to build something ("Creating . . Wealth") for their family and their employees.

It's good wealth when it's earned by providing a service or a product that others need/want at a price that they figure is a good deal for them (it's also good when you make your wealth by working for such a business).

"What we now know is that market economies work because they allow wealth to be created", says Jay Richards in his book Money, Greed, and God.

People all over the world use their abilities and resources to support their families by creating wealth with the help of "micro loans" that help them start or grow their businesses.  They are well-meaning people who are trying to provide material wealth for their families.

One of their stories:

"Jacqueline became the sole provider for her family after her husband, a soldier, was killed. " (See the rest of her story, and several others, here)

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