No matter what financial "experts" or investors try to tell you, the truth of the matter is that becoming wealthy lies within the individual more than anything else. Skill, beauty, and talent are not what truly makes a person wealthy.

But before I elaborate on this, I think I should start by defining the word  "wealth." Many people are confused as to what "wealth" really is, and to be quite frank, if you dont't know what wealth is, it is unlikely that you will ever become wealthy. The word "wealth" is defined as "owning labor, or owning anything which labor was required to create."

This means that a truly wealthy person will be the owner of things that someone had to labor for in order to create, or labor itself. If you run a company that has 100 employees, you own the labor of those 100 employees, and this would be a true form of wealth. If you have $100,000 worth of gold or silver coins, this is another true form of "wealth." I repeat, wealth is either labor, or anything which was produced by labor.

This brings us to an interesting conclusion. Because our society currently uses paper money and credit in exchange for goods and services, it brings to question whether or not we're truly wealthy as a society. Think about it for a minute.

If the definition of wealth is "labor," or anything which labor produces, then this would mean that our paper money, which was printed by the Fed, and credit, which was keyed into a computer, is not "true" wealth.

No one labored for it. No one struggled to get it out of the ground. How can something be valuable when you can simply print it out in large quantities with ease, or key it into a computer?

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