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Wealth is the abundance of valuable resources or valuable material possessions. This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.

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Why parents don't tell their children their incomes

It makes quite a lot of sense: children tend to blabber. Young kids especially reveal information when bragging rights are associated with them, ie. the richest kids vs. the poorest kids. Nevertheless, as kids grow older and mature with egos less susceptible to societal perceptions, they really do need to know their family's income. It is information that directly affects where they apply to college, which scholarships to apply for, and perhaps even how they perceive the society around them. Most importantly, the information gives a realistic idea about money and what it would take to fund the lifestyle they're accustomed to. In a world with an abundance of information, one of the best sources is the experiences of those closest to you.

Contributed by Lucy Zhang

Who's the Richest Person in Your State?

Want to know who has the most wealth in your state? Check out this infographic to learn more!

Contributed by Kyle McKee

I'm all for people working hard to achieve "wealth" though not off the backs of those working hard just to make ends meet.

Contributed by Kory Stone

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