How do you define being Wealthy?

When I was young I thought that money was the most important thing in life; now that I am old I know that it is. ~ Oscar Wilde

Let’s get to the understanding first “What exactly is Wealth?” The idea of wealth can be different from one person to another even though if they live in the same neighborhood together. It may also change from time to time for the very same person.

It can also be a comparison of where do you live and to whom you are comparing yourself. A person living in the USA earning a salary of $50,000 per year can be compared among median household earners, but for the rest of the world, he/she is the top 1% of wealthy. In a village in India if your earning is Rs. 30,000/- per month you can live life king size however in a metro city like Mumbai you may not be able to rent an apartment and struggle your daily existence with that kind of money.

To define exactly how being wealthy can be a bit bouncer. It also tied up with each and every aspect of our lives.

Wealth can be in the form of having full freedom to pursue life ambitions without being shackled down by monetary constraints and for some, it may be experience, knowledge, good health, and family.

Are You Wealthy Enough?

If we look at some of the richest people in the world they do not consider themselves being wealthy, for some having enough cash to handle without liquidating their assets was the idea of being wealthy for others it meant having peace of mind.

When I also interacted with different age groups the idea of being wealthy was different from one another. For example, a Thirty-Five-year-old Rita wealth is a feeling of security but only when it comes to a combination of monetary assets along with knowledge, experience and commitment. However for John, his idea is in terms of material wealth which you should have earned it ethically and it should not be beneficial to others, not just yourself, age forty.

Conclusion

Think about what being wealthy means to you. The “you” part it fundamental because no two will offer the same definition of wealth. Only once you know what being wealthy means to you will you be in a position to work towards it.

The World as a Nation “Glocalization”

It was the year August 07, 1905 when the Swadeshi Movement started to boycott the use of foreign goods and start using local goods instead. It was a part of Indian Independence Movement and was an economic strategy to revitalize local economies in India and improve the condition. I think that was the moment where a leader like Mahatma Gandhi embarks the beginning of going Glocal in India, although it was a fight for freedom however he promoted khadi & chakra which can market globally as well to target local markets. “Khadi is the sun of the village solar system. The planets are the various industries which can support khadi in return for the heat and the sustenance they derive from it. Without it other industries cannot grow. But during my last tour I discovered that, without the revival of other industries, khadi could not make further progress. For villagers to be able to occupy their spare time profitably, the village must be touched at all points. ~ Mahatma Gandhi

The buzz word “glocalization” is an extension of “Think Global, Act Local” and the phrase is known to have started with Scottish city planner Patrick Geddes, it was later adopted by environmentalists. It means that you consider the needs of the entire planet before you take action in your city or hometown. For an e.g. launching a campaign of using paper bags instead of plastics in your neighborhood is one of the best instances of glocalization from a socioeconomic perspective. Using paper bags not only helps to make your town environment friendly and efficient, but it also benefits the planet overall.

During this pandemic, small acts of focusing on sustainability of your local environment will add up slowly leading to a change in your neighborhood, then a community, a city, a state, and so on. It can also be applied to food consumption, politics, corporate MNC’s, the arts and much more.

 The Versova beach in Mumbai was one of the filthiest beaches, which was a dumping ground for the residents and also coupled with the trash that the tourist would leave behind. As much as we complain about plight, nothing changes until we walk the walk. Yet we blame the government for all our woes, when sometimes all we have to do is just show up. It took only one man effort “Afroz Shah” to turn that beach into where we can witness Olive Ridley Turtle hatchlings after 20 years today. All he did was step up and start picking up the trash, a couple of other joined, a community came forward to support, the entire city came and so on.

“The Service you do for the others is the rent you pay for your room here on Earth ~ Muhammad Ali”

Develop locally! It can be an idea, a brand, or a company. These are more authentic and meet the needs of our immediate environment. With technology, they can become global. Imagine all of us doing something positive, the clusters of it all will create a ripple effect. The government is part of the problem, but we compound it. The changes we envisioned for the world stars with us, one step at a time.

Leading Life in Simple Terms

Our cell phones are always next to our pillows whenever we sleep and the first thing most of us do every morning is to check the screen. We are least bothered about the time but more concerned about the notifications and see if we have not missed out any messages, we are so addicted to knowing what is going on in our phones, that we forget to smile and appreciate the life which we receive every morning when we wake up.

In this very competitive world, we have forgotten the basic needs as a human being to survive is food, shelter & clothing however maintaining the status quo has become an integral part in our lifestyle. Driving a luxurious car, staying in a big house, servants to serve us and owning everything is our dreams & goals in life to achieve. 

People are so busy running to earn more money every single day that we have forgotten to appreciate the simpler things and the nature surrounding us. We have started to measure happiness with the things we can buy, too much ambition, desire & greed. Our phones are continuously buzzing, notifications on our screen grabs more of our attention than an actual person trying to connect with us face to face. 

In today’s world we have developed so many luxuries which are supposed to make our life easier. At times they may, but other times, they make things more complicated. We have become so used to materialistic demand that everyone forgot to lead a life in a simpler way. 

The beginning of the year 2020 has made all of us realize that the instinct of a human is only to survive in any unfavourable conditions. The goals, money, achievement, power which we are proud to showcase have taken a backseat and we only require food, clothing & shelter to survive. 

The earth is also a home to so many other living beings but due to the highest number of human populations we have been dominating and always abused nature to fulfil our wants. We did face some pandemics in the past but we have never learned our lessons and we finally discover a solution to cure the virus, we get back to our normal routine and lead the life how it was earlier.

Nature has always hit us back from time to time. However, one should not forget we should also focus on building a life on earth where it is less polluted, the skies are clear and accept a simpler lifestyle.

The best part of our Millennial generation is we are better educated, financially well being and have brought more radical and ethnic diversity to the society, so it’s our job to make the world a better place to live in for the future generations. Adopting a simpler lifestyle does not mean that we must go back to the past 50 years and lead the life the way it was. Protecting the environment should also be our top priority in every aspect of our life.

We expect every aspect in our life to happen fast since we are moving at a fast pace however this is because we have developed ourselves that every demand needs to be fulfilled fast. Because of this we deal with a very stressful life daily and life expectancy has also decreased significantly.

I see a world after this pandemic where we direct our energies to other kinds of activities like importance for our mental health, restore our lost connections and create more interrelated, cooperatives societies. We should be able to tackle issues that we have always been aware of but preferred to ignore.

The world is a nation and we should develop a more “glocal” outlook, one in which we think globally and act locally.