Terri Kallsen: Pay Attention to Your Wealth

Posted by admin on Sunday, July 9, 2017

Terri Kallsen, executive vice president and head of Schwab Investor Services Money Quote saying every person defines wealth differently, but we must recognize that what we have IS our wealth and that it must be tended to. Terri Kallsen said:

It doesn’t matter whether you have a lot or a little — what matters is that you think about the money you have as your wealth, and that you pay attention to it
— Terri Kallsen

Charles Schwab American Wealth Attitudes

American Definitions of Wealth

  • 87% Not having to stress over money
  • 81% Not having to worry about the future 
  • 78% Having a healthy work/life balance 
  • 77% Spending time with my family now
  • 65% Having good physical health
  • 62% Being with friends
  • 61% Being able to donate my money to a cause I care about
  • 58% Having gratitude
  • 56% Building my community
  • 44% Working on my career
  • 42% Having money
  • 39% Being able to donate my time to a cause I care about
  • 38% Making lots of money 
  • 35% Having a lot of money
  • 23% Leaving an inheritance for my family
  • 22% Having an important job title 
  • 19% Being able to buy whatever I want now 
  • 13% Having more money than most people I know

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