Personally I have found I am happiest when I live largely on little. In my opinion health is wealth, the air I breath is free. Growing up I also noted the families who lived in the council areas ( government assisted accomadation) seemed to bring up better adjusted children than many of the more affluent families. ( Reliouse nutters excluded) Maybe it was because I noted the parents did things for fun with their children.
As a family I never attended a football match with my dad, nor did we ever spend valuable time doing things as friends. I learnt from this and the quality time I have spent with my child has been my most treasured wealth.
Materaliam is great but we must remember every thing we posses, possesses apart of us. In my opinion true happiness comes from being passionate about things. My wife wanted a family holiday to the West Coast of America this year, I managed to put this off to next year as I convinced my wife, that simply spending days at home and weekend excursions would be a more pleasurable holiday. My theory was our son Orlando would appreciate America next year but this year it would have bored him, as he would miss his friends, Pokémon,and thus also take away our enjoyment away from the holiday.
80% of wealth in England is inherited. So many poor people are those without an inheritance.This is why I purchased property young, and have invested in buying property to rent out.
My final thought on the matter is that my moderate financial wealth came about because I grew up in London England. Had I lived in less affluent parts of England I would be less well off as my wealth (as is most people's) is tied up in property. Having a mortgage paid off, makes for a very pleasant life. Anyone reading this thread take my advice, never live in rental accomadation if you have the opportunity to obtain a mortgage. But most importantly always appreciate true wealth is not tied up in materaliam,but in how we think, and how we appreciate heath, the air we breath, and the life we live.