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Author Topic: Does money make you rich?  (Read 2164 times)
Serious475
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July 24, 2018, 08:12:25 AM
 #601

To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.

For me, being rich is a person who has a lot of money that can fulfill both his needs and wants, therefore it is a yes. But if you want to earn money in order to become rich you do not really need money at all. I do agree that the wisdom, knowledge, and passion is the thing you needed in order to be rich. Without money you will not be called rich. If you want to be rich you don't need money at all. Knowledge, wisdom, and passion is the key to help you earn money and become a rich person.
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qwirtiii
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July 24, 2018, 09:11:00 AM
 #602

What makes you rich is how you manage money: always spend less than you earn, invest wisely and diversify. That way you will be rich.

Your has a great idea on this though, In my opinion your hardwork makes you rich rather than money makes you rich.Because inspite of all your money if your not working just to make your money grow it become exhausted without even start a new bussiness to get more than you've got.
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July 24, 2018, 09:24:03 AM
 #603

Money can only fulfill your desire but it cant make you rich. only good character can make you rich for inner and outer side
Fatanut
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July 24, 2018, 09:35:03 AM
 #604

To me the answer is No.
If not money, what makes people rich?

A lot of people go to work everyday, working for money and making more money, but fail to become richer.
It's because they really don't have a plan on how to get out of poverty. Everyone's working and working but their salary's gone because of their lifestyle.

Ironically, many only grow deeper in debt.
Again, it's because people have a lifestyle that they cannot afford. It's really funny because it's the regular employees and not the managers that are spending so much money on coffee (Starbucks).

We have all heard stories of lottery winners who are instantly poor again.
This is exactly why there's such a service called wealth management. People who have won the lottery that are from a poor neighborhood will have a poor neighborhood's mindset. They don't think of the future and that their money is limited and is basically nothing in a wider scale. Funny because now that they have the chance to escape poverty, they just upped their lifestyle and thus lose all their money eventually.

It is information, wisdom, knowledge that makes one wealthy.
I'm just gonna cut it here. In order to become rich, you need a business. Sure there are people that have become rich because of their job but it's probably because they are really really smart and good at what they are doing. But for a normal individual, you are going to need business. Money doesn't make a business succeed. If it did then no business should have gone bankrupt. You will need information on how are you going to run the business, how will it operate, where should it operate, etc. You basically need a business plan and information (or data) is needed for it.

Basically, money is just money and without any knowledge on what are you going to do with it, then you're going to lose it unless you hold it until the time that you're actually ready to start making money out of your money. If you just spend and spend, you will eventually lose it all.

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odri777
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July 24, 2018, 09:46:32 AM
 #605

Watching how much money ... If money is enough, they make a person rich, but not happy!
Jingjess
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July 24, 2018, 10:04:41 AM
 #606

Yes,money makes us rich because if we have lot of money,we can invest in any business we want,like in bitcoin,the more money we buy for bitcoin, the more chances to be rich because we can gain lot of profits  here if we know how to handle our business and give lot of effort.

hastang
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July 24, 2018, 10:07:35 AM
 #607

of course yes! money holding is the bases on how a person clasify as rich and poor.. how could you call rich or poor without money in you. the way on how you manage that money is a key to became rich.
Buladig
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July 24, 2018, 10:16:19 AM
 #608

in my opinion, money can make us rich, because with money, everything we need will be obtained. and without money, we will not be able to do anything ...
so I think money can make us rich ...
Eigig
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July 24, 2018, 10:29:44 AM
 #609

Yes it is ,money can make every individual get rich, without money you can not start business ,invest in bitcoin for the start to richness, all your richness is bought by money your cars, house and lots ,your gold and silver jewelries and bank deposits they are from money in which you earn from your hardwork, thus money get you to be a rich person.
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July 24, 2018, 10:36:22 AM
 #610

money makes the rich. maybe you say that because you experience excessive losses when investing in crypto or others. but obviously people want to get rich by looking money. but money is a symbol of financial wealth. if you want to be rich, you must to have a lot of money.
MTNAX
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July 24, 2018, 10:43:01 AM
 #611

Of course it is true if money is a measure of someone to know the rich and poor of this person at this time, money as a reference for people to be called rich or poor. So we must be good at managing the money we have, because if we are good at managing it we can be called rich with the money.
sevenjoy
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July 24, 2018, 10:48:58 AM
 #612

The capacity to deal with your cash makes you rich, as well as shrewd. Squander does not prompt anything great, you simply lose your cash and will be left with nothing. There must dependably be a sum that you can put something aside for more genuine and vast scale needs.
Yeah the main thing is that you cannot survive without money. Money is the fundamental need of life. If you want anything in life you will need money. All the necessities of life will be overcome by money. There is no alternate for money. I will be rich while having lot of money and can do anything I want, but without money I cannot do anything.
Slavyanskiy
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July 24, 2018, 11:10:10 AM
 #613

Possessing a large amount of money a person becomes rich. It is also important to properly manage the capital.
eduardoabordo
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July 24, 2018, 12:21:49 PM
 #614

if you asking me money is more important if you don't have money you cant buy anything what you want to buy and also money can help to the people like charity for people have a sickness it's more than you love people by using the money.
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July 24, 2018, 12:35:26 PM
 #615

This is the way why do wealthy inside people it is always easier to make a road around them more comfortable to them to live and poor inside people are just adapting to everything around.

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July 24, 2018, 01:15:24 PM
 #616

every person would need money for his life because money can make you own or buy something you want, money can make you rich if you know how to use it and can make you poor if you use it wrong, so be wise with your money

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