🔴The feeling of wealth depends more on a person's attitude towards money than on the actual size of wealth, as experts see wealth as a relative term that relies on lifestyle and personal needs.
🔴According to a study conducted by
North_western_Mutual
in 2024, owning a million dollars does not guarantee a feeling of wealth, as only one-third of millionaires feel truly wealthy.
🔴To achieve the feeling of wealth, financial planners recommend focusing on managing expenses instead of chasing massive financial goals, being aware of personal financial values and goals, and investing in life experiences rather than material possessions.
🔴These strategies help enhance financial confidence and achieve stability regardless of the size of wealth.
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