Lucca Pacioli, a 16th century Franciscan monk and mathematician was considered the father of accounting. Ironically, he never defined the word wealth and never bothered with describing what profit was. The word wealth comes from the old English word weal – meaning well-being – th – meaning condition. In a more modern interpretation of the word, Wealth is a measure of your ability to do what you would like to do, when you would like to do it – a measure of your breadth of immediately available choice. Or is it as science fiction author Margaret Bonnano suggests: “Being rich is having money; being wealthy is having time.”
Today on the Financial Impact Factor (with Paul Petillo, Dave Kittredge and Dave Ng) we welcome Kathleen Burns Kingsbury, a wealth psychology expert and behavioral change specialist. She teaches financial services professionals how to connect, communicate, and collaborate more effectively with their clients to increase client retention and improve profitability. She is also the author of “Creating Wealth from the Inside Out” and the forthcoming book “Women and Wealth”.
Listen to Financial Impact Factor Radio with your hosts:
Paul Petillo of Target2025.com/BlueCollarDollar.com and Dave Kittredge and Dave Ng of FinancialFootprint.com
The show is broadcast daily, online at 6amPST/9amEST.
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