Wealth. For some the term evokes the accoutrements of the world’s business or celebrity elite: private islands, exotic vacations, personal jets, and multi-million dollar homes. For many others, however, wealth is simply the financial assets that are necessary for attaining more mundane goals or possessions: the down payment for a house, the funds necessary to pursue an early retirement, savings for college tuition, or seed money to start a business.
Citation
Henson, E., Lee, A., & Nathan, L. (2005). Rural wealth building: Native Americans (CSD Working Paper No. 05-42). St. Louis, MO: Washington University, Center for Social Development.