The 7 Levels of Wealth: From Dependence to Abundance

Wealth is often seen as a one-dimensional goal — something that’s measured purely by the amount of money you have. But in reality, wealth is far more nuanced. It’s not just about financial figures; it’s about freedom, security, and choices. Each level of wealth represents a different stage in your financial journey, and as you move through these levels, your relationship with money — and life — changes.

In this article, I’ll break down the 7 levels of wealth, explain what each one means, and offer insights on how you can progress through them to ultimately reach the pinnacle: Abundance. Whether you’re just starting out or already well on your way, understanding these stages can help you chart your course more effectively.

1. Dependent

This is the starting point on the wealth spectrum. At the Dependent level, you rely on others — parents, guardians, or even social systems — for your basic needs. You don’t yet have the ability to support yourself financially. Most of us start here as children or young adults, but some people may remain dependent due to economic or life circumstances.

• Characteristics:
  Relying on others for housing, food, and basic living expenses. Little to no income of your own.
• Goal:
  The first step is to move toward…