Often on the homestead, when the weather is severe and the wallet feels tight, its seems like the homestead life is a life of poverty and want. But this is an illusion/a lie. The homestead life if a rich life, even when cashflow is slow. On the homestead, money is often seasonal, with outlays coming in the Winter and Spring followed by a long wait till the harvest comes. This strapped-for-cash position can make you feel poor, when in reality you are very rich if you have your own home and your own land to grow a garden. You are among the top 10% of the world’s richest — if you have $64,000US in asset accumulation after debt. If you have assets of over $500,000 and many of you will if you own your own homestead and are working toward being debt-free, you are among the richest 1% of people in the world, according to the 2006 study on the World Distribution of Household wealth.
The study shows the richest 2% of adults in the world own more than half of global household wealth. The most comprehensive study of personal wealth ever undertaken also reports that the richest 1% of adults alone owned 40% of global assets in the year 2000, and that the richest 10% of adults accounted for 85% of the world total. In contrast, the bottom half of the world adult population owned barely 1% of global wealth. The research finds that assets of US$2,200 per adult placed a household in the top half of the world wealth distribution in the year 2000. To be among the richest 10% of adults in the world required US$61,000 in assets, and more than US$500,000 was needed to belong to the richest 1%, a group which — with 37 million members worldwide — is far from an exclusive club. – Gizmag
In the Occupy Movement the 99% stat is askew. Many folks who claim to be in the 99% have lived in their own home, have had family assets of $61,000US at some point in their life. Although being in the top 10% of world wealth holders, they place themselves equal with the bottom half of world asset holders and point their finger at Wall Street and the likes of Warren Buffet and Bill Gates. You’d think that all their troubles boiled down to the wealth accumulation of the few richest men in the world. In reality the top 1% might be your local organic farmer, who is working 16 hour days to put food on your plate, or the family that owns the convenience store in your neighborhood and provides bread, milk, and cigarettes for your family so you don’t need to drive across town before breakfast. The message that comes with this statistic is that providing a service to your fellow man creates wealth and prosperity, which increases your abundance. And the homestead is the natural place to create wealth.
When you see statistics like this wealth can appear to be what someone else has — not you. And you might make the assumption that if someone else has it that they took it away from you or your neighbor. But we don’t take wealth, unless we are engaged in crime, we make wealth. This is an important distinction. Bill Gates inherited his wealth and then went on to make more through his business — Microsoft. While I may not like some of the things that Bill Gates is engaged in — like eugenics, and geo-engineering — I definitely benefit from the Microsoft products that he sells — the Windows operating system, Word, Excel, and Powerpoint. And using these Microsoft products has increased my “wealth”, too — both my assets and my ability to earn more wealth.
Realizing that if you have a device that will let you go on the internet to read this blog, you are able to read this blog, and you have food in your fridge, a roof over your head, and a safe place to sleep — you are rich. Furthermore, you have the ability to create more wealth if you work hard at serving your fellow man — this is Homestead Abundance. Some call that lucky. I call it blessed.
This is a blog hop
Welcome to Homestead Abundance Tuesdays, this is a blog hop! If you are a blogger, please feel free to link-up and share as many posts as you would like pertaining to:
- Urban or Rural Homesteading
- Anything DIY
- Cooking from scratch
- Repurposed Projects
- Upcycled Frugal Finds
- Animal Care
- Natural Gardening Tips
- Herbal Remedies
- Green Cleaners and cosmetics
Anything that speaks to you of your Homestead Abundance, that you think will build and encourage our community.
I will share my personal favourites on my Facebook page this week. And next week I’ll pick 2 posts to feature right here.
This week’s Featured Posts
from last week’s Homestead Abundance Link-up are:
20 Tips for Getting Ahead While Waiting by Rural Living Today
DIY Herbal Cough Drops by My Healthy Green Family
Ladies, feel free to grab the button to display proudly on you blog and lense. Or just use a text link “Featured on Homestead Abundance”
It’s Time To Share Your Posts
Bloggers, use the linky tool on the bottom of this post to share your best post about your Homestead Abundance. Non-bloggers, feel free to add a comment here with any ideas or thoughts you have concerning homestead abundance. Every week I will be featuring the most viewed posts so link-up your best ones 🙂
When linking your posts, there are only a couple simple guidelines I’d like for you to follow:
1. Please link your posts back to this blog hop, not just the blog in general. Linking back here helps build our community by sending your readers to all of the other shared posts. Grab the button below by installing the html into your post or create a text link somewhere in your post.
2. Link to a specific post and not just to your blog’s homepage, so that future readers can find your post when they look.
3. Please make your linked post relevant. Don’t link to posts that are time sensitive, like giveaways, and limited time offers.
Grab my button:
Or just use a text link:
Homestead Abundance Tuesdays #7