5 Traits of Emotionally Wealthy People (2024)

By Rhett Power | July 16, 2015 | 1

Which would you rather be—financially wealthy or emotionally wealthy?

You might not realize it, but having mental strength—or an acute awareness of the power behind your emotions and how best to use them and act on them—is much more worthwhile than having a cushy bank account.

Don’t believe it? Here are five characteristics of emotionally wealthy people that might just make you re-evaluate your idea of the good life:

1. They are positive.

To be wealthy in something, whatever surrounds it has to be healthy first. Just as someone might have healthy investments that are growing as a healthy living thing should, so should you be nourishing your emotional self.

What does this really mean? Are you feeding yourself with positive things, focusing on the good thoughts that lead to growth? Or are you focusing on the negatives and anxieties of life that give no emotional nutrition and can hinder growth?

It’s been said a joyful heart is good medicine. In what areas do you need to medicate your emotional self?

2. They are investors.

Looking for that ever-elusive dollar tree you can plant? Bad news, it doesn’t exist. But emotionally prosperous people can help grow their own wealth. How? By being willing to invest in other people’s emotional growth funds.

By intentionally planting and investing your own emotional wealth in others and trying to grow it, you’ll also grow, seeing the fruit of your investment. More people than you know wouldbenefit by a little purposeful investment by you.

3. They are risk takers.

The people who have successful careers or thriving relationships didn’t get there by playing it safe—they knew they had to take risks. Emotional wealth is no different. Emotionally wealthy people invest and give their wealth to others, and realizing the liability involved, they never give so much away that if they were to lose it, they’d become unhealthy themselves.

The key is not giving away more than you can handle losing and, before giving it, accepting the fact that it might never come back to you. But it’s not all scary, because the upside to a little risk is a great reward—like a booming business or a happily-ever-after marriage. How can you take a calculated emotional risk today?

4. They are secure.

Robbing a bank isn’t easy in real life like it is in the movies, and there’s good reason for that. If it was easy to steal money from people’s accounts, why would anyone keep it there in the first place?

The same is true for your emotional wealth—only people you want taking your emotional goods should be able to withdraw them. And people you don’t? They should quickly see you’re secure enough that they can’t get anywhere near the valuables.

While you might be investing and taking risks in some people, only a few trusted individuals need to have your pin number. This isn’t to say you should lock people out or never give out small loans, but that you limit who gets full access to your emotional account. Who should you relegate to restricted access?

5. They are givers.

Giving might seem similar to investing, but they are actually quite different. When you invest, you expect something in return, like to form a friendship. But when you give, you should expect nothing in return—to give for the sole reason that it feels good to do good.

Like the old proverb says, “It is better to give than receive,” the same is true with emotional wealth. When you can give love, grace, mercy or patience to someone with no thought of return, it’s 1) very safe for you and 2) can return your personal investment in your own emotional wealth better than any interest rate. You might feel like you’ve really given nothing, but you’ll gain much more than you gave if you do it for the right reasons.

Now, are you ready to fill up your emotional bank?

Check out 10 clever tricks to trigger positive emotions—and boost your confidence and increase your willpower and deepen your relationships and….

Rhett Power

+ posts

Rhett Power is the author of The Entrepreneur’s Book of Actions: Essential Daily Exercises and Habits for Becoming Wealthier, Smarter, and More Successful and co-founder of Wild Creations, an award-winning start-up toy company. Learn more atrhettpower.com.

5 Traits of Emotionally Wealthy People (2024)

FAQs

What were the emotions of the wealthy person? ›

Confidence.

They never have the “pick me, pick me” attitude. The emotionally wealthy do not need attention because they are fulfilled from within as a byproduct of their achievements and unceasing hard work in all areas of life. They understand to be magnificent is a great challenge that takes great effort.

What is emotional wealth? ›

Emotional Wealth refers to the abundance and successful management of mental, relational and purpose-relevant resources.It is foundational to achieving all other forms of wealth in a sustainable way.

What are the traits of wealth? ›

The two studies consistently found that rich people are more conscientious, open to experience, and extraverted than the average population. They are also less agreeable (that is, less likely to shy away from conflict) and less neurotic (as in, more psychologically stable).

How do you identify rich people? ›

Here are eight subtle ways you can tell that someone is a millionaire.
  1. They Value Their Time. ...
  2. They Don't Talk About Money. ...
  3. Their Things Are Customized. ...
  4. They Own Multiple Properties. ...
  5. They Have an Expensive Hobby. ...
  6. They Are Well-Traveled. ...
  7. They Can Speak Multiple Languages. ...
  8. The Keep a Close Circle.
Aug 11, 2023

Why are rich people so calm? ›

Financial Security: Wealth provides a safety net, eliminating worries about basic needs and allowing rich individuals to focus on other aspects of life. This financial security contributes to a sense of calmness and stability.

Why don't wealthy people show emotion? ›

Piff and his colleagues suspect that the answer may have something to do with how wealth and abundance give us a sense of freedom and independence from others. The less we have to rely on others, the less we may care about their feelings. This leads us towards being more self-focused.

What are the four elements of wealth? ›

Overall, there are four types of wealth that are essential to our overall well-being: financial, social, physical, and time. While our 9-5 jobs may push us to prioritize the first two types of wealth, it's important to make an effort to balance all four in our lives to live a happy, fulfilling life.

Do rich people have empathy? ›

Lots of other research has found that people with more power and wealth pay less attention to those around them and are less empathic and compassionate, which could influence how they respond in circ*mstances where they have to consider another's viewpoints.

How to become rich emotionally? ›

Here are some ways to invest in becoming psychologically rich:
  1. Be willing to take risks. This allows us to develop a deeper tapestry of experiences that shape our perspectives. ...
  2. Stay open and nonjudgmental. Hurt and disappointment are notorious for pressing our turtle shell buttons. ...
  3. Don't frown upon frowns.
Aug 30, 2023

What are the Big 5 personality traits and wealth? ›

These are neuroticism, conscientiousness, agreeableness, extraversion and openness. At the end of the day, the authors conclude, these personality traits all have an influence on client choices about wealth accumulation, and they should be factored into any holistic financial plan.

How do rich people act? ›

One of the most significant differences between the wealthy and others is their ability to think long-term. They set clear goals and devise a plan to achieve them. This long-term perspective helps them stay focused, disciplined, and patient, even in the face of setbacks or temporary failures.

How can you tell if someone is subtly rich? ›

6 Subtle Signs That Someone Is Wealthy
  1. They Have a Calm, Confident and In-Control Vibe. ...
  2. They're Resilient. ...
  3. They Have an Elegant but Understated Sense of Style. ...
  4. They're Well Connected. ...
  5. They're Financially Literate.
Nov 24, 2023

How can you tell if someone is rich or fake? ›

11 Subtle Signs of a Fake Rich Person
  1. Social Media Subscribers and Showcasing Wealth.
  2. Designer Clothes and Brand Names Over Financial Literacy.
  3. Expensive Cars vs. ...
  4. Conspicuous Spending and Pressure to Keep Up Appearances.
  5. Private Jets and Luxury Items vs. ...
  6. Overspending on the Latest Trends and Apple Products.
Dec 20, 2023

How does being rich affect you emotionally? ›

Wealthy individuals often face greater pressures and responsibilities, including managing their finances, business dealings, and personal relationships. These pressures can lead to feelings of overwhelm and burnout. Another potential psychological effect of being rich is a sense of isolation or loneliness.

What is a rich emotional life? ›

Emotional riches are a person's total well-being, satisfaction, and sense of fulfillment in their emotional and psychological lives. It might not be easy to measure someone's emotional rich or richness with certainty because it is subjective.

Why was the rich man sad? ›

The rich young man walked away because the sacrifice Jesus asked of him caused his heart to be filled with grief –We can all share in the grief of the rich young man- and yet we know that being a disciple of Christ is about sacrifice, and while worldy treasures cannot satisfy any one of us any more than they could ...

Why was the rich man unhappy? ›

Money cannot buy happiness. The lack of money, however, can buy a lot of misery. The super rich find themselves isolated. They are never certain if the people around them are really friends, or just there for the money.

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