TY - BOOK AU - Wines, Jennifer TI - Invisible wealth: 5 principles for redefining personal wealth in the new paradigm SN - 9781394180530 U1 - 330.16 PY - 2023/// CY - New Jersey PB - John Wiley & Sons, Inc. KW - Wealth KW - Interpersonal relations N1 - Table of content: Preface xiii Part I 1 Chapter 1: Defining and Redefining Wealth 3 The Relationship Between Wealth, Money, and the Economy 3 What Is Wealth? 4 First Principles Thinking 4 The Etymology of Wealth 5 What Is Money? 6 Commodity Money 8 Representative Money 9 Fiat Money 10 Electronic/Digital Money 11 Bitcoin 12 Central Bank Digital Currency 14 What Is an Economy? 15 The Bartering Economy and the Money Economy 15 Adam Smith: The Economy, Money, and Work 16 The Digital Economy 18 The New Wealth Paradigm 19 Chapter 2: A Rich Opportunity for the Unluckiest Generation 21 Past: Why Are Millennials Called the Unluckiest Generation? 21 Lucky Tailwinds 22 Unlucky Headwinds 24 From Numbers to Stories 28 Present: Are Millennials Still Unlucky? 30 Future: A Rich Opportunity for the Unluckiest Generation 32 Chapter 3: We Can’t Put the Genie Back in the Bottle 35 The Great Wealth Transfer 35 The Great Migration 36 Migrating 37 Migrating Online 39 The Great Resignation 40 The Great Restructuring 42 Entrepreneurial Spirit Animals 44 Digital Darwinism 46 Part II 49 Chapter 4: The 5 Principles of Invisible Wealth 51 The Wealth of Money and Investment 54 The Wealth of Health and Quality of Life 55 The Wealth of Knowledge, Status, and Influence 56 The Wealth of Time, Energy, and Experiences 57 The Wealth of Relationships, with Self and Others 58 Chapter 5: The Wealth of Money and Investment 59 The Relationship Between Money, Investment, and Wealth 60 Making Money 60 Multiple Streams of Income 61 The Creator Economy + Web 3 62 Inheriting Money 64 Spending Money 64 Saving Money 66 Investing Money 67 Investing Before the Internet 68 Retail Revolution 68 Public and Private Markets 69 The Democratization of Wealth 70 Sustainable Investing 72 Blockchain and Digital Assets 73 What Is Blockchain Technology? 74 Decentralized Finance (DeFi) 74 Societal Implications of Wealth Creation 77 Chapter 6: The Wealth of Health and Quality of Life 79 The Relationship Between Health, Quality of Life, and Wealth 79 Wealth of Health: The Foundation on Which All Else Is Built 80 What Is Health? 82 Physical Health 82 Mental Health 85 Spiritual Health 88 What Is Quality of Life? 91 Living 92 Working 93 Playing 94 Chapter 7: The Wealth of Knowledge, Status, and Influence 97 The Relationship Between Knowledge, Status, Influence, and Wealth 98 What Isn’t Knowledge? 98 Information Versus Knowledge 98 What Is Knowledge? 99 Using Knowledge 100 The Knowledge Doubling Curve 101 The Knowledge Economy 102 What Is Status? 103 Status Through Abilities and Achievements 104 Status Through Associations and Affiliations 105 Status Symbols 107 What Is Influence? 108 Personal Brand and Influence 108 The Influencer Economy 110 Chapter 8: The Wealth of Time, Energy, and Experiences 113 The Relationship Between Time, Energy, Experiences, and Wealth 114 What Is Time? 114 Time Value of Money 116 Monetary Value of Time 116 Technology and Time 118 What Is Energy? 119 Energy and Work 119 Managing Time and Energy 120 The Pareto Principle 121 The Attention Economy 122 What Are Experiences? 123 Extraordinary Experiences 123 Ordinary Experiences 126 Experience Economy 127 Chapter 9: The Wealth of Relationships with Self and Others 129 The Relationship Between Our Relationship with Self, Others, and Wealth 130 What Is a Relationship with Self? 130 Intuition 132 What Are Relationships with Others? 132 Relationships and Technology 135 Relationship Capital™ 136 Relationships and Money 137 Technology 137 Dating: The Paradox of Choice 138 Marriage and Money 140 Part III 143 Chapter 10: Personal Wealth Algorithm 145 The Relationship Between Principles, Values, and Wealth 146 Collective Principles 147 P1: Wealth of Money and Investment 147 P2: Wealth of Health and Quality of Life 148 P3: Wealth of Knowledge, Status, and Influence 148 P4: Wealth of Time, Energy, and Experience 149 P5: Wealth of Relationships with Self and Others 150 Individual Values 150 Collective and Individualistic Culture 151 Personal Wealth Algorithm 153 Practical Application 153 Wealth Goals Change, Too 157 Chapter 11: Personal, Renewable Resources 159 The Relationship Between Environmental and Personal, Renewable Resources 160 Environmental, Renewable Resources 160 Non- renewable Energy 161 Renewable Energy 162 Personal, Renewable Resources 163 Attaining Your Wealth Goals 163 Your Renewable Resources Are Your Superpowers 165 Inside Out 166 External, Renewable Resources 167 Where Wealth Begins 168 Notes 171 About the Author 191 Index 193 [https://www.wiley.com/en-us/Invisible+Wealth%3A+5+Principles+for+Redefining+Personal+Wealth+in+the+New+Paradigm-p-9781394180530#tableofcontents-section] N2 - A new paradigm of value creation, driven by your personal values. In Invisible Wealth: 5 Principles for Redefining Personal Wealth in the New Paradigm, certified wealth management advisor and entrepreneur, Jennifer Wines, delivers an insightful exploration into reimagining and redefining wealth. This book explores the technological advancements and societal shifts that have us considering everything from digital assets to digital community, all of which are organized around values. This new paradigm places a premium on intangible, or invisible, assets represented by 5 principles—money, health, knowledge, time, and relationships—each of which is attainable through your own personal, renewable resources. This paradigm shift takes on a more holistic and personalized approach to defining wealth. In this book, you’ll discover: How to use the personal wealth algorithm to identify your values, and wealth goals. How to optimize your most valuable asset, your time. How technology can support your wealth and well-being. Offering pragmatic and philosophical considerations for redefining what’s truly important to you, Invisible Wealth belongs in the hands of anyone seeking a rich life. It’s time to reimagine and redefine what wealth means to you. (https://www.wiley.com/en-us/Invisible+Wealth%3A+5+Principles+for+Redefining+Personal+Wealth+in+the+New+Paradigm-p-9781394180530#description-section) ER -