Being wealthy means your assets grow larger, and their value increases too. The purpose of all economic activity is to secure assets. The more assets you have, the more opportunities you create. Assets represent the total of what one owns and borrows from others. In other words, it is the complete amount of resources available for earning time. Resources serve as the foundation for acquiring additional resources. It’s like using small earthworms as bait to catch fish. Thus, it is said that money makes money. This is referred to as financial income. Income is primarily categorized into earned income and financial income. If you have a substantial earned income but lack financial income, you are more likely to face poverty in the future. - Joseph’s “just my thoughts”
Some people consider “what I have” to be “property,” like “money.” In other words, “All of Mine” = [All my things] - [All I have inherited] - [All I have received as gifts] - [All of the others] - [All I have stolen]. By the way, while there is wealth among [mine], temperament and ability are also crucial resources, in addition to properties such as talent, networks, sincerity, perseverance, attitude, intimacy, determination, courage, wit, and wisdom. Escaping crises and fostering development must begin with “All of Mine.” The success and progress made by [All of the others] is an illusion. - Joseph’s “just my thoughts”