We should use things and value people. Instead, we value things and use people. It is so easy to focus on what an individual does not have when living in a “keeping up with the Joneses’” society. However, please be encouraged to take a different perspective. Know that you are richer than you think. There are so many intangible assets that cannot be quantified with a dollar value. Intangible assets lack physical substance but serve as invaluable resources in our lives when you think about your affiliations, your relationships, your family, your friendships, and even your name. That is right, your name has an indescribable value that can get you almost anything that you desire if you know how to use it appropriately. Explore those intangible assets that we all possess but may not realize or recognize.
Money can buy sex, but it cannot buy love. Money can be real estate, but it cannot buy a happy home. Money can buy plush beds and mattresses, but it can buy peaceful rest. Money can buy gold, but it cannot buy a gold “mind.”
You may or may not be wealthy on paper, but we all have intangible assets that can make us the richest person in the neighborhood. How do others value your name and your word? What do people think about first when you walk into a room? Can the mention of your name change the trajectory of someone else’s life for the positive? Do you possess credibility and integrity? Do you have access to knowledge, information, cash, capital, and credit? All of these things are intangible assets that money cannot buy. These are the assets that are more valuable than tangible assets, or money.
You can lose your home, cars, and money, but they can be quickly restored with a credible name and reputation. An incredulous name and reputation take time and diligence to restore. Intangible assets will allow you to acquire tangible assets. Yet there are so many intangible assets that can never be acquired with tangible assets. I would rather the intangible over the tangible anytime, any day.
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Nicole Michelle
Finance and Money Wiz
April 12, 2022
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