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😎 How can wealth be classified?

🤖 Wealth can be classified in different ways, depending on the perspective and criteria used. One possible way to classify wealth is based on the following four types:

• Financial wealth: This is the most common and obvious type of wealth, which measures how much money or assets someone has accumulated. Financial wealth can be expressed in terms of net worth, income, investments, savings, or assets [Investopedia] [InspireToFIRE].

• Social wealth: This is the type of wealth that comes from having meaningful and supportive relationships with others, such as family, friends, community, or network. Social wealth can be expressed in terms of social capital, trust, influence, reputation, or belonging [InspireToFIRE] [Simplicable.com].

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