geodesic dome。 But in the application; Fuller also said something about wealth。 It was pretty confusing at first; but after reading it for awhile; it began to make some sense: Wealth is a person's ability to survive so many number of days forward。。。 or if I stopped working today; how long could I survive?
Unlike worth…the difference between your assets and liabilities; which is often filled with a person's expensive junk and opinions of what things are worth…this definition creates the possibility for developing a truly accurate measurement。 I could now measure and really know where I was in terms of my goal to bee financially independent。
Although worth often includes these non…cash…producing assets; like stuff you bought that now sits in your garage; wealth measures how much money your money is making and; therefore; your financial survivability。
Wealth is the measure of the cash flow from the asset column pared with the expense column。
Let's use an example。 Let's say I have cash flow from my asset column of S〃J;000 a month。 And I have monthly expenses of 52;000。 What is my wealth?
Let's go back to Buckminster Fuller's definition。 Using his definition; how many days forward can I survive? And let's assume a 30…day month。 By that definition; I have enough cash flow for half a month。
When I have achieved 2;000 a month cash flow from my assets; then I will be wealthy。
So I am not yet rich; but I am wealthy。 I now have ine