What is Wealth?

Money, right?

Wrong!  This is a common misconception.  Money is only a means of exchange.  That means we use money to buy what we want.  The money itself has no significant value unless you are a coin collector. 

Many people would agree with the idea that money itself is not wealth.  Instead, they would argue that wealth is simply resources.  While this is closer to the right answer, it still is not quite correct.  Resources only have a value because people want them.

Wealth, simply put, is getting what you want.  The more often you can get what you want, the wealthier you are.