Insurance Blog

Social, Emotional and Spiritual richness

This post is going to contain more of philosophy and less of finance.

Well, to be honest – I think finance has got more philosophy to it.  If you manage your finances well, it means that you also manage your emotions well.  Financial experts suggest that managing your wealth is less about strategy and more about your emotions.

Good personal finance management means great discipline, working hard, using your time efficiently and also sticking to a plan.

So, have you ever wondered about what actually makes you realize that you are rich?

If you ask a poor, homeless person when they’ll feel they’re rich, the answer we’ll probably get is that when they have a home and good food to eat. Well, quite an interesting answer, I’d say. You and I have permanent shelter and access to good food. Then why do we not feel rich?

That is when we think about the very definition of ‘being rich’. 

Wealth and richness are relative terms. So here’s how you can find your social, emotional and spiritual richness.


Each one of us, have a different definition of wealth, and as I have covered already, the definition of wealth can be relative. Richness comes in various forms. It could be emotional, social or even spiritual. What does it mean to you? When you answer this question, you will know that the amount of wealth that you gather in the one arena that matters the most to you, will make you realize that you won’t need that much money if you are rich from the other three aspects.


Have a satisfying job. Doing what you love for a living is the first step to feeling rich. Make sure that you work with a team that treats each other with respect and celebrates each other’s successes with cheer and positivity. This can be an incredible feeling of fulfillment when you feel rich at work every single day.

Do not be too stingy. Spend your money on a few things that make you happy, and might bring you self-improvement. Let us not deny that, material pleasure does give us some feeling of richness – we are humans, after all!


Make sure that your financial future is secure. If something unfortunate happens, make sure that you can recover from it and it doesn’t have a catastrophic impact on you money-wise. Have emergency funds. Invest in a good insurance policy. Get a health cover. Plan your retirement.

What makes you really rich, is how you are living up the expectations and desires that you hold for yourself, and not confiding in the compulsions that the society thrusts on you.