The Three Pillars of True Wealth: Beyond the Dollar Signs

In a recent conversation with mindset coach Kelsey Mead, we dove deep into what truly makes someone wealthy. Spoiler alert: it's not just about the numbers in your bank account. Let's break down the three essential pillars of wealth and why they matter for your financial journey.

Understanding True Wealth vs. Getting Rich

First, let's clear something up: there's a big difference between being rich and being wealthy. Being rich is about dollar signs. Wealth? That's about happiness and the ability to give back. It's a complete lifestyle that integrates three crucial elements:

1. Mental Health

2. Physical Health

3. Financial Health

When these three pillars are in harmony, you've got true wealth. When one falls out of whack, the others typically follow.

The Mental Game: Your Foundation for Success

Your mindset about money isn't just about positive thinking—it's about recognizing and rewiring limiting beliefs that might be holding you back. As Mead points out, many of these beliefs were formed before age seven, acting like a subconscious soundtrack playing in our minds.

Breaking Through Mental Barriers

Ask yourself: When did you decide what was possible for your financial future? Often, we're running on autopilot with beliefs we've never questioned. The first step to change? Getting curious about why we believe what we believe about money.

Physical Health: Your Ultimate Investment

We often overlook our physical health when thinking about wealth building. But here's the truth: your body is your most valuable asset. Without good health, all the money in the world won't bring you joy or enable you to pursue your goals effectively.

The Health-Wealth Connection

• Poor health can drain financial resources

• Good health enhances decision-making abilities

• Physical wellness supports mental clarity for better financial choices

Financial Health: Beyond the Basics

Financial health isn't just about making money—it's about creating sustainable systems that support your overall well-being. This means:

• Setting realistic boundaries with time and money

• Creating multiple income streams

• Building support systems and teams

• Investing in personal growth and education

The Team Factor

Here's a truth bomb: successful people don't do it alone. Whether you're an entrepreneur or climbing the corporate ladder, having the right team around you is crucial. This includes:

• Emotional support system (family, friends, mentors)

• Professional support (coaches, advisors, accountants)

• Industry peers and networking connections

Integration: Making It All Work Together

The magic happens when these three pillars work in harmony. Here's how to start:

1. Assess Your Current State

   • How's your mental health affecting your financial decisions?

   • Is your physical health supporting or hindering your goals?

   • Are your finances causing stress in other areas of life?

2. Create Balance

   • Set boundaries to protect your energy

   • Invest time in all three areas

   • Recognize when one area needs more attention

3. Build Your Support System

   • Identify gaps in your current team

   • Seek professional help when needed

   • Connect with like-minded individuals

The Bottom Line

True wealth isn't about reaching a specific number—it's about creating a sustainable, fulfilling life where all aspects of your well-being are thriving. As you work on your financial goals, remember that investing in your mental and physical health isn't just a nice-to-have—it's essential for long-term success.

Start by examining which of these three pillars needs the most attention in your life right now. Small improvements in any area will create positive ripples across all three, leading you toward true wealth—not just riches.

Remember: You can't optimize what you don't acknowledge. Take time this week to honestly assess where you stand with each pillar. Your future wealthy self will thank you.