"Within each of us there is a driving force, an inner desire to be charitable and sharing; and, a desire for a hands-on influence over the charitable use of our personal resources" The primary motivation and purpose of any private charity is really the accomplishment of the charitable passion of an individual. For the most part wealthy individuals should be given the reigns of a private charity. After all...they have the resources to actually get the job done.
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More than just 'financial capital', NxGen Wealth includes your 'spiritual capital' along with your physical-wellness capital, intellectual capital and social capital. Just as we need to exercise our muscles to maintain our physical fitness, we also need to work on certain "muscles" to elevate our spiritual fitness in building our spiritual capital. In today's environment of economic political, social and even religious turmoil, building your spiritual capital is essential. Discerning individuals are increasingly taking personal responsibility for sharpening the tools of intuition, faith, compassion and discernment to make more wise choices in building their spiritual capital to achieve true wealth, wisdom and wellness. So what is balance in your 'Spiritual Capital' account? To learn more about building your Spiritual Capital, check out this beautiful infographic by Jeffrey Allen. Jeffrey reveals six distinct "muscles" of spiritual fitness...what happens when they're weak, and what to do to strengthen them. Find out, which of your "spiritual muscles" are currently strong? And which ones you feel you need to spend some time working on? Click Here
Rich Chinese are devoting more time and money to mental well-being and physical health. Rupert Hoogewerf, founder of the Hurun China Rich List, tells the WSJ’s Wei Gu why China’s high-net-worth individuals are shifting focus.
Source: WSJ-Video
No matter how successful you are and how much money you have in the bank, without good health you will be ill equipped to enjoy your riches and achievements.
Recent surveys show a trend towards preventative health and the maintenance of good health. Values have shifted and where once acquisition of possessions was seen as the symbol of wealth, nowadays the trappings associated with health are becoming a bigger status symbol. Even though you may be very successful in your corporate career and be absolutely loaded with the big bucks, if your relationships consistently suck or your blood pressure is too high and you are constantly running on overdrive, with a heart attack looming unless you lose fifty pounds, you might want to think about how wealthy you really are!
"NxGen Wealth is the sum-total of your money, health, mind, relationships, and conscious-awareness...NxGen Wealth Management is the optimization of those assets to cultivate a 'life of well-being'." Greg Johnson
With one of the world’s largest economies and a growing financial sector, China continues to rise as a global power. The country’s currency, the Chinese yuan (officially the Renminbi), is also starting to mature. The most recent evidence of this? The IMF’s decision to include the yuan as a part of its SDR international reserve asset, a basket of major world currencies:
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