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Author Topic: How do you define rich?  (Read 3812 times)
Sayeds56
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March 01, 2021, 09:10:23 AM
 #21

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 very hard to find a True definition of Rich but A person making enough money to meet needs of his/her family and saving some out to it to live a comfortable retired life could be rich in my view. The broader definition of being rich doesn't mean to own huge wealth only but also to contribute for the welfare of society in every way you can is more important.









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March 01, 2021, 09:20:49 AM
 #22

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 hard to define rich by a fixed number in my opinion because there are such huge differences in cost of living around the world. For example, if you own an apartment in London you are probably already a millionaire. But you could have 0 money in your bank account and no crypto portfolio. So on paper you look rich but reality you are nkg since everything is in one property.
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March 01, 2021, 09:23:14 AM
 #23

For me to be rich is when you can't calculate how much wealth you have or when you can't know who your friends are or who are your real enemies?  You don't see the price when you buy anything but you will ask when it will reach my house.  The definition of rich sometimes becomes relative.  Because everyone has their own definition.
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March 01, 2021, 10:00:06 AM
 #24

There are different definitions to been rich, for me I just want to be financially free and have a good life, there is nothing that comes close to been happy and having peace of mind in this world, not even money can give you this

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March 01, 2021, 10:13:43 AM
 #25

I am rich when I have no disability physically.  And while I have enough money to by meal for 1 time
 Because if i have no disability then i can make money for another after taking a meal.



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March 01, 2021, 10:26:16 AM
 #26

We can all talk about that being rich doesn't mean having lot of money on account etc, but being rich is to be pecafull, happy and fulfilled. But that's just a excuse for people that are not rich Cheesy . Of course being rich means having money or property. That's how world works. For me it is when you can work a little bit, not much, and still having more money than average people, or middle class population. So it varies from country to country. So term rich to me means that you are a little bit above average person in society you live.

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March 01, 2021, 12:06:56 PM
 #27

How do you define rich?

Rich is someone that spends less money then he earns on long period of time. It does not matter hwo much you earn, since you can be rich with a small salary or poor with huge salary. You can never earn as much as you can gamble in a casino. Never.
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March 01, 2021, 12:52:48 PM
 #28

Being rich is divined of very different way. I feel having liquidity that is capable of multiplying real cash in a monthly bases. Apart from being comfortable to help your self and take care of your family, I see being rich to be able to help others at all times, donate to charity, even supporting government. Yes, if you can donate and help government financially I take it as being rich  Grin

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March 01, 2021, 12:58:00 PM
 #29

Is there a better way to answer this question?

Quote
Oscar Wilde once said that "A fool is someone who knows the price of everything and the value of nothing".

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A healthy person has a thousand wishes, a sick person only one!

So you are rich if you are healthy in the first place! If you have healthy relationships with your family (if you have a family)! If you have a roof over your head, fresh water, electricity, maybe a car, if your refrigerator is full... and you have enough money to pay for all that every month... you are probably a very rich person, just you don't know it yet!

So what people wish for?! There is only one answer, something they don't have! It's an endless race... you can't (or you can?) wish for something you already have! So you want more, always more...

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March 01, 2021, 01:00:21 PM
 #30

For me, being rich means you'll just do lying all day on your bedroom every single day and not thinking about where to earn money in order to buy your family food everyday because you have plenty already. Being rich means you have a lot of connections to other people who has big names, because you have enough things that could benefit them in return, and they are the same to you.

Being rich means you'll never have to look for the price tag, you'll just pay it like a king. I mean being rich is you're literally lying on a bed full of money as the foam of it.
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March 01, 2021, 03:02:59 PM
 #31

let me speculate on your question about "rich"
Based on my thinking and what I know, Rich has two points of view. first rich in body and rich in spirit.
physical, meaning that from all aspects of physical needs are met (in general money, food, drink, etc.), but physically, I believe only money is agreed to feel less and less.
Spiritual, as a believer, I feel spiritual wealth is more important than anything. the reason is because rich in common sense and rich in thought become the sole determinant. aren't humans designed with the mind so that everything determines our physical needs. it would be very useless if we were rich in body but not rich in mind.

and rich minds is the most basic of all, to define us as humans or animals.
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March 01, 2021, 03:03:33 PM
 #32

"Rich" has a lot of definitions. Rich is a person that has more money than the average human. Rich is the one that is being exemplar to the majority of the poor. A dream that will never come true to all of those that just sit and think how nice it'd be if they had his/her money. Rich is the personified proof that no matter what, jobs or opportunities, life is unfair. It is a synonym of powerful. An adjective that describes that a man/woman has a big fortune.

I personally believe that, if we're talking about the society, "Rich" is a person that owns a lot of material goods. Something beyond financial freedom. To me, rich relates with greed. That's why I don't want to be rich, but poor with a lot of money. Financially free, but not greedy.

And drop that shit with the family killing each other for money, you have people killing their families for a house or a piece of land or a car, a teenager bludging his grandma for pizza money, it happens ten times more when poverty is involved as people are far more desperate.
If you're taught to be fine with few, you'll always be fine with few. But if you're taught to always "need" more, you'll end up being the desperate one. That's life.

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March 01, 2021, 03:25:42 PM
 #33

It depends on what kind of richness you're pertaining to. Richness can be measured in a lot of things. Relationships, health, etc. If it's in wealth, then I do not see a particular figure to say that you are rich. Personally, if I ever come to a point where I won't have to worry about any of my expenses and the future then I would reckon myself as someone who is rich, or at least financially stable. Being able to afford a comfortable and not necessarily extravagant life will be enough for me to consider as rich. This is what I aim for and I'm not boxing it into a specific figure or number of assets. Honestly, I just want to live a simple life and accumulation of material wealth is not the end goal for me.
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March 01, 2021, 03:31:13 PM
Last edit: March 02, 2021, 02:24:57 AM by Hydrogen
 #34

$1 million dollars isn't a lot of money in today's economy. I would say a person needs a minimum net worth of $50 to $100 million to be considered rich in 2021. Even those sums would pale in contrast to Elon Musk's net worth valued near $200 billion.

I'm not certain if buying expensive platinum jewelry, lambos, overrated brand name products like versace and overpriced mansions qualify as rich though. Living beyond ones means on the upper tier of the income bracket are some of the things people do that guarantee they might not be rich for long. Like Floyd Mayweather Jr. filing for bankruptcy 2 or 3 times after he defaulted on paying bills.
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March 01, 2021, 04:10:28 PM
 #35

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?

nowadays in most of western countries people have enough wellness so by definition they can defined "rich" respect their ancestors. I mean just 100 years ago there wasn't water or gas in the house, people were eating just some vegetables and bread .... so it's a clear they are now living better, like the richest people of just a century.

Personally I think that people that hold at least 10million of USD can be considered "rich", since they can earn more money just using their money! This is the biggest difference between a rich and a poor.
A poor will be every time forced to use time for earn money.

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March 01, 2021, 04:39:00 PM
 #36

Human' greed is limitless. Once they have enough money, they want more money. And of course, I am also a human. It is hard to escape that feeling. Greed is one of the 7 deadly sins which represent for 7 deadly demons in hell. But I guess I start to make myself a target so as I try not to think much about money once I achieve it. It would be around 100 bitcoin


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March 01, 2021, 05:22:58 PM
 #37

Mine would be getting the good things you need  from your CREATOR, whenever you need them.
You don't need to have the good things stored up somewhere for yourself alone to be considered rich... They are always available for you when you need them, but you don't necessarily own them alone, and you're just required to use them to do good before they can be released to you for free.
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March 01, 2021, 05:33:00 PM
 #38

In my view, RICH means good health, a good mind, a good thought, having to help habit, thankful to Almighty and the money which is enough for basic life. Because who wants more never feel relaxed from greed and unsatisfaction spreads everywhere this person can never be happy. If your money can't make you happy so why you crazy about it.

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March 02, 2021, 11:13:40 AM
 #39

It is different in every person. People are greedy even if you have million dollar, if you are not contented you cannot see yourself as rich.
But for me having stable income and sustaining the needs and wants i am already rich.
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March 02, 2021, 11:37:18 AM
 #40

Everyone has a different definition of rich, some think when they already have a car,  house and an established business, or some think if they already have more than 1 million dollars in bank deposits. For me, the definition of being rich is that if I can get out from debt and have a business that can continue to be developed with a stable income, it is not impossible the income continue to increase every year.

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