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Author Topic: How do you define rich?  (Read 3809 times)
AniviaBtc
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March 02, 2021, 02:30:30 PM
 #41

Rich people is when you can sustain your needs without any problem and you can buy your desire or luxuries in life.

Being rich is when you can fulfill your basic necessities and paying bills without checking its price or value.

Also rich is when you are successful in your bitcoin investment or cryptocurrency investment. I know that many people are wanting to become rich including me, but it should starts from us who wants to achieve it that's why as soon as possible, we should work hard for our own growth.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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March 02, 2021, 03:49:11 PM
 #42

If you have more than enough with your needs, then for me I can call that as richness. If you can buy what you want and not sacrificing your needs, then you are rich.

For me, rich is a state of mind.
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March 02, 2021, 04:05:01 PM
 #43

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?
You can visit this page to define about rich:

Code:
https://www.merriam-webster.com/dictionary/rich

Rich can means we have everything. Usually, it is related to fiat money. But according to some religions, we will be rich if we can feel what we get is enough for us. We do not have a passion for chasing wealth, but that will be enough for us if we can live for that day.

People will relate the rich to prosperity, dignity, wealth, glories, and other things.

Some people will say that if they have X amount of money, they are rich than the other, so they are trying to chase the wealth.

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March 02, 2021, 06:00:48 PM
 #44

It depends on how a individual defines what rich means. Rich from the dictionary can be describe as many things such as wealth, assets, money, plentiful and many more. But for me, rich can also be defined as "value". If ones value an individual thru their hierarchy of class then rich can also be defines thru wealth. It can also be how ones value an individual thru their happiness and contentment then rich does not define ones wealth.

I am to describe what rich is, then I'll define it through wealth of an individual. I'll consider myself rich ones I have enough assets and investment that will help afford most of wants and all of daily needs. But, I won't act or treat other as poor if they are contented and happy to what they have.

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March 02, 2021, 10:52:05 PM
 #45

I define someone as rich in terms of wealth, if they can sustain the next generation of their family all on their money, and 1000 bitcoins is more than enough to sustain your grandkids here in my country. Now rich could also mean abundant, and stuff like that, but personally, when someone says rich I automatically think of it as wealth-type.
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March 02, 2021, 10:52:14 PM
 #46

Actually we have different standards situating on how we define what it takes to be stated other people or ourselves to be rich. Some people tell that being rich is all just about money, having lots of businesses, properties and etc. In my case, I define someone to be rich by having an intellectual capacity to make his money move into a good circulation making it a good point to maintain his position and put it into greater heights that is improving his capacity as an individual not just on money but at the same time giving opportunity to other individuals have an opportunity to sustain their daily life needs because he intended to make himself rich while making other people work for him like a win win situation.

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March 02, 2021, 11:12:40 PM
 #47


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.

If you have enough to make life comfortable for you, this is being rich. An income that can sustain you and you have income for savings. I mean if you don't lack money, you are rich.The word rich is defined with money and when you have money in abundant, that means you are rich in it, rich in money.
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March 02, 2021, 11:18:08 PM
 #48

It is a subjective topic and question. Well, if I own $1M then I'm rich and if I own 1000 bitcoin, I'm also rich in my own definition. Just as the others, they'll also consider themselves for having both to be rich or with any of those.
The basic definition of being rich is that you've got a lot of money to spend, house to sleep and wants that you already have while having financial freedom. But if you ask Bob Marley, he have a different answer about richness.

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March 02, 2021, 11:49:40 PM
 #49

It is a subjective topic and question. Well, if I own $1M then I'm rich and if I own 1000 bitcoin, I'm also rich in my own definition. Just as the others, they'll also consider themselves for having both to be rich or with any of those.
The basic definition of being rich is that you've got a lot of money to spend, house to sleep and wants that you already have while having financial freedom. But if you ask Bob Marley, he have a different answer about richness.
People do have different mindsets this is why definition of being rich would really vary but one thing in common is about on that financial freedom on where humans do really aim for.

This is the reason on why we do work hard, why we do make out investment and other ways for us to earn money because we do really aim on having that status in life where we dont need
to work hard for us to buy our needs and wants.

Defining rich does really talks about on having lots of money..In difference with countries currencies then numbers will really be different on each places.

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March 02, 2021, 11:53:14 PM
 #50

It is a subjective topic and question. Well, if I own $1M then I'm rich and if I own 1000 bitcoin, I'm also rich in my own definition. Just as the others, they'll also consider themselves for having both to be rich or with any of those.
The basic definition of being rich is that you've got a lot of money to spend, house to sleep and wants that you already have while having financial freedom. But if you ask Bob Marley, he have a different answer about richness.
People do have different mindsets this is why definition of being rich would really vary but one thing in common is about on that financial freedom on where humans do really aim for.

This is the reason on why we do work hard, why we do make out investment and other ways for us to earn money because we do really aim on having that status in life where we dont need
to work hard for us to buy our needs and wants.

Defining rich does really talks about on having lots of money..In difference with countries currencies then numbers will really be different on each places.

Most of the time, people relate the term rich with financial capability. However, there are some people who feel that they are already rich, if they are contented with their life even if they don't have so much money. Sometimes for those people who don't have debts and they can eat what they want, they already consider them as rich. So yes, it is a very subjective matter and it depends on every individual. Some people feel that they are not rich even if they have multi-million dollar home and cars, and still they feel empty.
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March 03, 2021, 09:34:30 AM
 #51

The definition of being 'rich' is subjective. The definition of riches is relative as it depends on individual.
Personally, I believe that having enough to cater for one's expenses and bills is being rich.
Many people believe that having a specific amount of money is what tags them as being rich or wealthy but trust me, even if when they attain such figure, they become not contented and want even more
Believe me, in a matter such as this, contentment is the key

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March 03, 2021, 11:43:11 AM
 #52

In my own definition of it. I could say that being rich is someone that doesn't have to worry where you can get some money to eat for tommorrow.  Defining rich is not only by the amount of what we have in our savings account, it also be seen in our behaviour on how we socialized with other people and have a peace of mind.
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March 03, 2021, 12:34:13 PM
 #53

Wealth is an abstract definition, can possess many material, property, sovereignty, financial freedom.  Being rich is also emotionally significant, a lot of love, and a warmth being loved.  Many people call it "rich for love".  In my opinion, wealth is a combination of material and emotional wealth.  It is the essence between personality, emotions, and possession. 
Many people own very large assets but do not have care, love, warmth or vice versa.  Nor is it necessarily eternal wealth.
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March 03, 2021, 02:12:31 PM
 #54

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?

Everyone has their own opinion. In general who has enough money to overcome their difficulties is rich. But what I think is who is satisfied with their life is rich. This is very subjective for every people so many may not agree with me. But trust me you will find the answer if you look at what do you need? what do you want? and what do you have?
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March 03, 2021, 09:39:08 PM
 #55

It is a subjective topic and question. Well, if I own $1M then I'm rich and if I own 1000 bitcoin, I'm also rich in my own definition. Just as the others, they'll also consider themselves for having both to be rich or with any of those.
The basic definition of being rich is that you've got a lot of money to spend, house to sleep and wants that you already have while having financial freedom. But if you ask Bob Marley, he have a different answer about richness.
People do have different mindsets this is why definition of being rich would really vary but one thing in common is about on that financial freedom on where humans do really aim for.

This is the reason on why we do work hard, why we do make out investment and other ways for us to earn money because we do really aim on having that status in life where we dont need
to work hard for us to buy our needs and wants.

Defining rich does really talks about on having lots of money..In difference with countries currencies then numbers will really be different on each places.
That's known and numbers really varies from country to country because value of fiat currency are not the same. And that doesn't the thing, as long as you can determine yourself having a lot of money, mean that you're totally rich in your country then you're having the best time ever.
You can do whatever you want and you're free, that's also part of the meaning of it. You're free.

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March 04, 2021, 09:36:08 AM
 #56

I define rich as a person who doesn't need to work for money anymore, doesn't mean that they do not make money, even the richest person in the world still keeps making money, hell that is one of the main problems in the world people who have enough to live forever still greedy for more, but that is not the point, in order to be rich you need to have enough money that if you do not make one more dollar ever.

The money you have will be enough for you, and would help you raise your kids, hopefully until they are capable of making their own money, you do not even have to guarantee their whole life to be considered rich by my standards, if you can raise them well without debt, and pay their college tuition and help them on their early career struggles, after they have a decent life you are done, no more extra money needed to spend on them, if you can that is great if not that is alright. That changes from nation to nation, in some nations 100k is enough for this, in some nations you need millions of dollars but it is always the same, the lack of need to work.

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March 04, 2021, 10:02:15 AM
 #57

Rich people should have a successful business, and those who don't need to work anymore, are the things that a lot of people considered first before calling you a rich person but for me, I considered a person rich in simple ways if you are already contented of what you have and what you are now then you may now call you a rich person, as of now I cannot still consider myself as a rich person because I still don't have a stable income and house and lot. I just want to claim that I could have those things in the future and will call myself a rich person, only need to hard work and always find ways to have another income.

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March 04, 2021, 11:28:33 AM
 #58


The most common definition of wealth which is known to many people is that amount of money we have on our name which can be in form of liquid cash,fancy houses,cars collections or many other lavish items.But wealth has different relative meanings :

Quote
Definition of wealth according to Robert Kiyosaki, author of the book Rich Dad, Poor Dad.
The definition of wealth is the number of days you can survive without physically working (or anyone in your household physically working) and still maintain your standard of living.

Quote
The Government’s Definition of Wealth
Wealth means the sum of net taxable income and the adjusted assessed valuation of real property. (Code of Maryland 2014)” As you can tell this definition is more in line with the traditional interpretation of wealth. It does differ slightly as a lot of people assume that a good salary automatically means great wealth.

So different people have different perspective related to wealth in their own terms so it's upon you how a person calculate that he is wealthy or not as it has different meanings.

-Rich in resources
-Rich in knowledge
-Rich in wealth
-Rich in kindness and other qualitative factors

So what line are you really looking for?

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March 04, 2021, 11:44:12 AM
 #59

When you have a sustainable and comfortable life where you don't have to work for more than 8 hours a day just to sustain your necessities and when you reach all the goals that you have in life, for me, that's my description of being rich. When you don't have to worry about how you will survive life the next day and having good health is also a sign of being wealthy. There are also rich people who aren't happy with their status, I think contentment is still the key.
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March 04, 2021, 01:03:03 PM
 #60

In my social terms, rich can be defined as having a good car and a huge house.
I dont know that terms applied on another part of society or not. But thats how rich defined in my society at this time.

Theres another term called conglomerate, its another level of rich when have many bussinesses and you can buy mostly anything.

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