Preface xiiiPart I 1Chapter 1: Defining and Redefining Wealth 3The Relationship Between Wealth, Money, and the Economy 3What Is Wealth? 4First Principles Thinking 4The Etymology of Wealth 5What Is Money? 6Commodity Money 8Representative Money 9Fiat Money 10Electronic/Digital Money 11Bitcoin 12Central Bank Digital Currency 14What Is an Economy? 15The Bartering Economy and the Money Economy 15Adam Smith: The Economy, Money, and Work 16The Digital Economy 18The New Wealth Paradigm 19Chapter 2: A Rich Opportunity for the Unluckiest Generation 21Past: Why Are Millennials Called the Unluckiest Generation? 21Lucky Tailwinds 22Unlucky Headwinds 24From Numbers to Stories 28Present: Are Millennials Still Unlucky? 30Future: A Rich Opportunity for the Unluckiest Generation 32Chapter 3: We Can't Put the Genie Back in the Bottle 35The Great Wealth Transfer 35The Great Migration 36Migrating 37Migrating Online 39The Great Resignation 40The Great Restructuring 42Entrepreneurial Spirit Animals 44Digital Darwinism 46Part II 49Chapter 4: The 5 Principles of Invisible Wealth 51The Wealth of Money and Investment 54The Wealth of Health and Quality of Life 55The Wealth of Knowledge, Status, and Influence 56The Wealth of Time, Energy, and Experiences 57The Wealth of Relationships, with Self and Others 58Chapter 5: The Wealth of Money and Investment 59The Relationship Between Money, Investment, and Wealth 60Making Money 60Multiple Streams of Income 61The Creator Economy + Web 3 62Inheriting Money 64Spending Money 64Saving Money 66Investing Money 67Investing Before the Internet 68Retail Revolution 68Public and Private Markets 69The Democratization of Wealth 70Sustainable Investing 72Blockchain and Digital Assets 73What Is Blockchain Technology? 74Decentralized Finance (DeFi) 74Societal Implications of Wealth Creation 77Chapter 6: The Wealth of Health and Quality of Life 79The Relationship Between Health, Quality of Life, and Wealth 79Wealth of Health: The Foundation on Which All Else Is Built 80What Is Health? 82Physical Health 82Mental Health 85Spiritual Health 88What Is Quality of Life? 91Living 92Working 93Playing 94Chapter 7: The Wealth of Knowledge, Status, and Influence 97The Relationship Between Knowledge, Status, Influence, and Wealth 98What Isn't Knowledge? 98Information Versus Knowledge 98What Is Knowledge? 99Using Knowledge 100The Knowledge Doubling Curve 101The Knowledge Economy 102What Is Status? 103Status Through Abilities and Achievements 104Status Through Associations and Affiliations 105Status Symbols 107What Is Influence? 108Personal Brand and Influence 108The Influencer Economy 110Chapter 8: The Wealth of Time, Energy, and Experiences 113The Relationship Between Time, Energy, Experiences, and Wealth 114What Is Time? 114Time Value of Money 116Monetary Value of Time 116Technology and Time 118What Is Energy? 119Energy and Work 119Managing Time and Energy 120The Pareto Principle 121The Attention Economy 122What Are Experiences? 123Extraordinary Experiences 123Ordinary Experiences 126Experience Economy 127Chapter 9: The Wealth of Relationships with Self and Others 129The Relationship Between Our Relationship with Self, Others, and Wealth 130What Is a Relationship with Self? 130Intuition 132What Are Relationships with Others? 132Relationships and Technology 135Relationship Capital(TM) 136Relationships and Money 137Technology 137Dating: The Paradox of Choice 138Marriage and Money 140Part III 143Chapter 10: Personal Wealth Algorithm 145The Relationship Between Principles, Values, and Wealth 146Collective Principles 147P1: Wealth of Money and Investment 147P2: Wealth of Health and Quality of Life 148P3: Wealth of Knowledge, Status, and Influence 148P4: Wealth of Time, Energy, and Experience 149P5: Wealth of Relationships with Self and Others 150Individual Values 150Collective and Individualistic Culture 151Personal Wealth Algorithm 153Practical Application 153Wealth Goals Change, Too 157Chapter 11: Personal, Renewable Resources 159The Relationship Between Environmental and Personal, Renewable Resources 160Environmental, Renewable Resources 160Non- renewable Energy 161Renewable Energy 162Personal, Renewable Resources 163Attaining Your Wealth Goals 163Your Renewable Resources Are Your Superpowers 165Inside Out 166External, Renewable Resources 167Where Wealth Begins 168Notes 171About the Author 191Index 193
JENNIFER WINES worked at some of the top Private Wealth Management institutions in the world, namely Goldman Sachs, JPMorgan, and Fidelity. She earned her Juris Doctor from Suffolk University Law School in Boston and her Certified Private Wealth Advisor designation from Booth Business School in Chicago. While at Fidelity, she developed a proof of concept and prototype for an enterprise solution, which was advanced into incubation. Her strong background with words (law) and numbers (finance), paired with her entrepreneurial spirit make her a trusted voice on the topic of redefining wealth, for the new wealth paradigm.