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Author Topic: How do you define rich?  (Read 3822 times)
uelque
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March 12, 2021, 10:59:49 AM
 #121

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

I define being rich as a person who have a lot of assets/money in his crypto and bank account, an individual who has his own house, cars and resorts. Let's be realistic, having enough for a living won't paid your Hospital bills if your parents got real sick. You'll just end up borrowing money every time and then you'll get drown to debt. Where is rich in that?

We need to have a continuous upper class flow of income in order for us to categorized ourselves as rich individual. That's how I define rich!
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March 12, 2021, 11:21:52 AM
 #122

Nope what i've been thinking about being rich is I don't need to worry about my payment bills anymore.

And have a lot of assets in real estate which is for investment.

One more thing is i can travel around the world with my beloved one and don't care about the bills.



I wish to have that too. Having everything with full of reserves.

You already classified yourself as rich once you achieved this stage, not worrying with money and you'll able to get anything whatever you like and  not just whatever you need. There are many people who's greed and even they'll already have the same privilege they are not considering their wealth enough as they keep aiming for more.
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March 12, 2021, 12:27:14 PM
 #123

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Wealth is somewhat more than the amount of money. It is a complex indicator with many fuzzy boundaries. Even if we take one of the indicators of wealth, money, their amount will be very different. For someone, $ 10,000 is a fabulous wealth, and for someone 1,000,000,000 is this amount that he will give without hesitation and without regret to some fund to save guinea pigs from reptilians. Someone values ​​health and freedom the most, someone has their own lock and a safe in the basement full of banknotes.
Therefore, wealth is health, freedom or independence, connections with people who have influence, living in a country with working legal legislation, a sufficient amount of money to satisfy your needs and be able to do charity work. And the Glock pistol Smiley

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March 12, 2021, 06:33:01 PM
 #124

I would define rich as "being able to afford anything and not worrying about money".
Yeah, i think you're certainly rich if you can buy everything you want, or if you shop without looking at the price tag anymore. Although sure, many people might have different opinion about it, and have their own expectations. Some people might be satisfied with one bitcoin and thought that they're rich already, but some might still not be satisfied even with 1000 bitcoin because they want more and more.
There's no exact standard for what should be called rich and what not.

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March 12, 2021, 08:49:25 PM
 #125

Being able to leave work and <snip>

Nope what i've been thinking about being rich is I don't need to worry about my payment bills anymore.

Sorry guys, but it's obvious you're poor, straightforward and concentrated on what's right in front of you. This is the difference between you and the rich, they don't look at their feet. For you the goal is nearby, you just want to spend more time wit your families, not worry about your bills, but people who have money think how to have fun. They want to go to the dealership, drive a few fast cars, pick one and drive it home on the same day, without waiting. They want to go house shopping and buy a house with a view of a sea or a lake because that's what they like. It doesn't matter what these things cost. They see something they like, they buy it.

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March 12, 2021, 09:52:10 PM
 #126

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Rich are those capable for everything specially in terms of financial. With a lot of investment, business, cars and all material things they need as a human being. In other word, you have everything as a person or human being.
Everything is nearly perfect when you do have money or simply you do have everything on this world and not all would really be given out that kind of opportunity in life.

When you do have lots of money then you do have the power on buying everything and when it comes to happiness then it would always be tied to it .

If you do like to travel, buying up your wants in life and make out some investment then you can do it without any hiccup because you are financially capable.
and that's what being rich.


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March 12, 2021, 10:50:07 PM
 #127

Each person has a view of living with their own purpose of life, wealth does not necessarily come from money, but it also comes from an emotional aspect. Try asking your life full of material and suspicion that the people around you are alienating you, then you will be happy with that.

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March 13, 2021, 10:12:37 AM
 #128

A person who cares about his health and has a regular entertainment program for himself is rich Cool
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March 13, 2021, 11:51:58 AM
 #129

This kind of question really depends on the person you are asking it.

There are some people who has many money and they see themselves as rich.
There are some people who doesn't have that much money but they have a complete family and they call themselves as rich.
There are some people who has a nice house, car and a bit of a money and they call themselves rich.
There are some people who has a good health and they call themselves rich.
There are some people who are being loved by many people around and they call themselves rich.

Well on my part, as long as I have all of what I said above then I can call myself as rich already but right now I don't have it.

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March 15, 2021, 01:26:22 PM
 #130

Being rich means being able to provide one’s basic needs and still have enough to keep as back up. It also means having more assets than liabilities.

Having more assets than liabilities just means you have a positive net worth, it doesn't mean you're rich. If you've got $1,000,000 in cash and $999,999,999 in liabilities, your net worth is the same as a guy who has $1 and no liabilities. Neither of these people is rich.

My definition of being rich is beyond  Financial terms  of Assets/Liabilities or accumulation of wealth which is beyond your needs.  If you are financially secure, have a purpose of living with healthy mind and  spirit to help other who need your financial and moral support, you are rich, in deed.

https://www.huffpost.com/entry/what-is-the-true-meaning-_b_7740162









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March 15, 2021, 02:25:44 PM
Last edit: March 15, 2021, 02:50:53 PM by Sophiya
 #131

I am sure that everyone has their own way of assessing the amount of money in a bank account with which he can be called rich.  The more you get, the more you want.  money is of course very good, but for me true wealth is to be able to do what I like, to embody my ideas, to see that my activity and life have some meaning.  All my wealth is the development of my creativity, the development of inner qualities, work on myself and a desire to help others
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March 15, 2021, 02:34:09 PM
 #132

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?
Actually it is very hard to say a people if they are rich enough because sometimes rich is not about what we are seeing to them because there are some people who have luxury cars, big houses but still they are not rich. There are people who have those kinds of thing but still not financially stable. What can identify rich is that they can buy all things that they wanted without thinking that maybe tomorrow they will not be able to lose money. Rich is defined as financially stable to buy all things and establish a family.
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March 16, 2021, 11:37:15 AM
 #133

Being rich is not about having all the luxurious things in the world. It is about being contented and fully satisfied of what you have and will have in life.

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March 16, 2021, 05:05:16 PM
 #134

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?
It is difficult to cover the definition within some words as it depends on people's mind. Whenever I joined to do something on crypto, I had nothing that time. I was thinking that if I had some BITCOIN like $1k, $2k or something like that. After few months later, I was thinking more like I had $1k and it will be good if I had $5k. Now I am thinking I have almost a handsome amount and I wish if I had $100k or something like that. So, it depends on your position and wish how much you want for your satisfaction. Human nature is mostly greedy and want more and more. Rich can be defined well by a factor named satisfaction.

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March 16, 2021, 05:22:10 PM
 #135

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thughts?

Depends on where you live and how much you can afford with the money. Someone from Africa with 1 million USD on his account can be considered rich, while someone who has 1 million USD on his account in the USA can not necessarily be considered as rich. Just one example, households in New York with less than 120k yearly income are considered as (relatively) poor.
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March 18, 2021, 04:00:24 PM
 #136

I think 'rich' means who has more money than expenses.
The definition of rich in Crypto is who has BTC more than 100.
Who has more than 100 BTC? Quote this.
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April 28, 2021, 03:01:49 AM
 #137

I think rich is someone who has financial freedom. they seem not to think about economic problems to make ends meet. even the income and assets they have are sufficient to meet their daily needs

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April 28, 2021, 01:51:14 PM
 #138

Rich in my opinion is to have everything we want, to eat and drink and to buy unlimited other things, that way our life will be forever prosperous in this world to our children and grandchildren.
but being rich is not necessarily happy if we can't enjoy it, the most important thing is that we can be rich and can enjoy it, so enjoy everything you have right now then you will be able to feel rich  Smiley

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April 28, 2021, 02:44:55 PM
 #139

Rich in my opinion is to have everything we want, to eat and drink and to buy unlimited other things, that way our life will be forever prosperous in this world to our children and grandchildren.
but being rich is not necessarily happy if we can't enjoy it, the most important thing is that we can be rich and can enjoy it, so enjoy everything you have right now then you will be able to feel rich  Smiley

I agree with your definition of being rich, it varies from country to country. Because goods have different prices in different countries. Someone can be rich in Africa or Asia and only belong to the average families in USA. Trying to determine our happiness in terms of money is a bad approach. Sure we can afford everything we like but if we have nobody to share these things with it is not going to be pleasant.
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April 28, 2021, 02:48:20 PM
 #140

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?
I think the definition of being rich will depend on what you value in life. If you are a materialistic person, being rich means being able to own anything regardless of how expensive it is. If you are more into nature, you will see that wealth is not found on what's inside your wallet or bank account, instead it is seeing breathtaking landscapes and being able to recieve the gift of nature such as fruits, fishes and clean water. If you value people, wealth is when you are loved and you have a lot of good people around you. You see, being rich comes in many forms and it will all depend on what you value on how you will define it.
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