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Author Topic: What does being rich mean in your perspective?  (Read 1271 times)
libert19 (OP)
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October 24, 2023, 04:37:53 AM
 #1

It's one of question which differs from person to person. How do you define richness?

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October 24, 2023, 05:04:07 AM
 #2

It's one of question which differs from person to person. How do you define richness?

To me, being rich means achieving stability in your finances, knowledge, and every aspect of your life that needed improvement. While many define wealth as having more than enough money and living a comfortable life, I believe richness goes beyond finances to include moral and emotional well-being. It's about finding a balance in all aspects of life that hold significance.

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October 24, 2023, 05:09:50 AM
 #3

It's one of question which differs from person to person. How do you define richness?
The definition of wealth is relative. In my opinion, people have different views on defining wealth. Materialistically, wealth is defined as lots of money, lots of property, being able to invest anytime and anywhere. For some people, wealth is not always calculated by how much property they have, they define rich in a very simple way. For them, wealth is measured in terms of the health of themselves and their families and having money to finance their family's needs.
Wealth is relative to each individual. It depends on which side you judge the meaning of wealth.

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October 24, 2023, 05:26:30 AM
 #4

Coming from the economics perspective and why we all are here, rich means owning assets whose cumulative value is much higher than the average person in your country can more like <10% can afford.

But in the semantics, rich can mean having plenty of something, that can be money, power, a big heart and so on. But we are not here for that at all.

Hence its all a matter of how you see things. But if you want to get rich, none of the above two are easy.

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October 24, 2023, 05:30:12 AM
 #5

It's one of question which differs from person to person. How do you define richness?

To me, being rich means achieving stability in your finances, knowledge, and every aspect of your life that needed improvement. While many define wealth as having more than enough money and living a comfortable life, I believe richness goes beyond finances to include moral and emotional well-being. It's about finding a balance in all aspects of life that hold significance.

When we talk about wealth, we immediately think of money and property, no one thinks of happiness, emotions or morality. If someone has a stable career, a happy family, has everything and they are satisfied with life, then that person is successful in life. I think rich people will be different from successful people in life.

Money is only a measure of a person's wealth, not a measure of a person's success in life. But when we have a lot of money, our lives will be easier to achieve happiness, love, and health than when we don't have money. Therefore, money is very important and is the premise of many other things.

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October 24, 2023, 05:31:21 AM
Merited by NotATether (4), jasonjm (1)
 #6

I love Bob Marley, love his music and its message, so I like to share his statement which I also use to measure my richness.

Quote
Possession make you rich? I don’t have that type of richness. My richness is life, forever.” #bobmarley

🎥 Bob is interviewed by reporter George Negus (60 Minutes Australia) at 56 Hope Road in Kingston, 1979.
https://twitter.com/bobmarley/status/1458512404443119620?lang=en

+++

So it's not really about the money for me, as long as I survive in this world with a comfortable life, I wouldn't be chasing a lot of money as I also like to retire spending time with my family, just be happy, I think that would make you rich already.

Even Steve Jobs, in his statement he regret working to hard that he sacrifice his happiness already.

Quote
"I reached the pinnacle of success in the business world. In others’ eyes my life is an epitome of success.
However, aside from work, I have little joy. In the end, wealth is only a fact of life that I am accustomed to.
At this moment, lying on the sick bed and recalling my whole life, I realize that all the recognition and
wealth that I took so much pride in, have paled and become meaningless in the face of impending death.

https://medium.com/@vikasjangir/steve-jobs-last-words-d79012fad236

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October 24, 2023, 06:03:25 AM
 #7

It's one of question which differs from person to person. How do you define richness?
With me, rich is how I live with freedom, kindness and full control of my finance and my wealth being, health being as much as I can do.

With Bitcoin, Bitcoin blockchain, Bitcoin open source self-custody wallets, I can have it.
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October 24, 2023, 06:09:36 AM
 #8

This is my perspective on what it means to be rich.....

1. You have enough money to pay all your expenses.
2. Your investments cover those expenses. (money generated from that)
3. You do not have to work for the money... your money works for you.
4. You have good health
5. You have the love of a family and a lot of true friends. (not fake friends)
6. You have zero debt
7. You can "Pay it Forward" (fund charities or help other people with donations)
8. You are true to your religion.  

Once you achieve these 8 things in life, you are rich in my opinion.... and you will prosper in life.  Wink

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October 24, 2023, 06:50:23 AM
 #9

It's one of question which differs from person to person. How do you define richness?

Being able to experience the things you dream of is wealth. Our dreams must have a limit and a logical basis. Except for some people, no one will ever experience the highest level of everything. Therefore, if you determine the limits of your dreams, you may be able to achieve them. We should not forget that most people are insatiable and are unhappy after achieving what they want.

In fact, wealth is a mental work. If you educate yourself well mentally, you can enjoy life and make your environment better, even if your financial situation is at a normal level. In my opinion, this is one of the greatest riches.

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October 24, 2023, 07:01:42 AM
 #10

It's one of question which differs from person to person. How do you define richness?

If your passive income is enough to cover all your expenses and sustain your desired lifestyle, you can consider yourself rich. You don't have to rely on a regular job to make ends meet and have more time and freedom to pursue your passions and hobbies. Having a stable passive income can provide a sense of security and peace of mind, knowing that you have a reliable source of income that doesn't require your active involvement.
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October 24, 2023, 07:24:34 AM
 #11

best way i calculate it.
imagine a comfortable living status of income.
calculate that income with an average 3% increase per year until the standard "life expectancy" of years left of your current age

and the total is "rich" enough to never work again or never live below a healthy happy lifestyle status

..
these days in western countries. where a living wage is £$10-15 of basic survival lifestyle.(£$20k-£$30k a year)
some used to think that a 20year old getting $£1m cash upfront would be "rich"
however doing the math for that person living work free for the next 65 years(85life expectancy) that £$1m wont last throughout their life comfortably

these days £$4m is considered the lower class(min wage) income requirements for a basic lifestyle to be work free as a minimum standard

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October 24, 2023, 07:48:32 AM
 #12

Rich means a worry-free life. It's more than financial abundance or having many assets. People often associate this worry-free state with the term "financial freedom," which, in my opinion, is inaccurate. The key here is living your life to the fullest, doing anything you love and with people you care about.

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October 24, 2023, 08:07:34 AM
 #13

It's one of question which differs from person to person. How do you define richness?

They will answer different definitions of rich from your question, because the definition of rich is relative to each person. In my opinion, poverty only happens to people who always feel like they don't have enough. Meanwhile, rich people who always provide for themselves (feel they have enough) are essentially truly rich people.

It could be said that the definition of being rich is for those who are good at managing finances in three aspects, namely income, management and expenses. Income must be greater than output, management is directed at obtaining other income (investment). They can use their money to get more money, like a slingshot, pulling back to shoot forward. Rich people are simple and don't complicate themselves. Always buy anything with cash, never credit. Has a lot of business, investments everywhere, and he will give charity without anyone knowing.

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October 24, 2023, 08:34:14 AM
 #14

I just mentioned my views on money in another thread, but there's still some content that I still want to mention here.
Quote
Perhaps looking at the issue of wealth beyond the scope of material things (money), it also includes other intangible things that we accidentally forget such as intelligence, health, spirit,...
Because of my limited understanding, I cannot fully understand the problems in which people can use it in different positions to get effective results. But maybe the problem is that I first see money as just a useful tool for our lives, fair and not by being intertwined in the macro environment. And using it to meet personal needs is really very small because the nature of our needs is often quite easy. I think using money in a beneficial way and avoiding waste is the way to help us. we get a little happiness from this tool. Sharing material things with those in need, yes this is very necessary and should be done. Besides, it is also necessary to share intelligence, health, spirit,... with everyone, and a truly rich person is someone who is always free in every decision they make.
 









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October 24, 2023, 08:41:22 AM
 #15

It's one of question which differs from person to person. How do you define richness?

If your passive income is enough to cover all your expenses and sustain your desired lifestyle, you can consider yourself rich. You don't have to rely on a regular job to make ends meet and have more time and freedom to pursue your passions and hobbies. Having a stable passive income can provide a sense of security and peace of mind, knowing that you have a reliable source of income that doesn't require your active involvement.
While true most of the time passive income is not really passive, even some of the richest persons alive cannot really just let their investments be, they need to check their investments from time to time and rebalance their portfolios, so I think an easier to reach goal would be to become rich enough to cover your expenses and live the life you want while only using a limited amount of time in the process, and in my mind someone that can do this is definitely rich.
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October 24, 2023, 08:45:29 AM
 #16

 Humans are insatiable and will always have that need to satisfy a want. To define riches differs from one human to another but if I were to define it, riches in terms of materialism means the ability to own a significant amount of money or you own possessions of significant monetary value. Meanwhile, in a general context, to use the word rich in relation to something means to have plenty so it can't be limited to money alone. One can be rich in money but do not have the rich knowledge to use the money judiciously.
Measures of material wealth; both income and GDP are closely related to give human satisfaction and those who have money are known to have more happiness than the one that doesn't and these are the ones who feel materialism can give happiness more than contentment.
 For me, being rich is not about material wealth alone but the combination of knowledge in other areas of life as well and the ability to be content with it.

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October 24, 2023, 10:01:12 AM
 #17

Wealth is a simple word and we hear it since we were children, but it does not have a single or disciplined definition and it changes with changing countries or economic conditions, but I can say that the simplest definition would be “to be able to do whatever you want, whenever you want, and to buy or travel freely without being worried.” "On the basics of life for at least 10 years."
The value varies according to your country. In some countries, the amount of one million dollars is sufficient to fulfill the condition above, and in some countries you are rich, and in some countries you need 100 million.
Being wealthy is a great thing, but psychological, emotional, and physical integrity is necessary to feel happy.

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October 24, 2023, 10:03:33 AM
 #18

It's one of question which differs from person to person. How do you define richness?

Like I said in a post that asked a similar question, if you have a definition of rich at this moment when you eventually get to that point you’ll see the more need to accumulate more wealth and set a new target.

But for me, being rich in simple terms means; free from dept, having peace of mind, being able to provide everything that I need without having to stress myself, and most importantly being able to live a healthy lifestyle without worrying too much about how to put food on my table.

I just told you what being rich means to me in a layman context, we have seen a lot of people with cash in their account and yet unable to do anything without having to panic or some other with a decent net worth and yet don’t have peace of mind.

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October 24, 2023, 10:06:57 AM
 #19

We often hear the word rich, and our immediate thought is money. However, I know for others, being rich goes beyond just financial wealth. For me, and I'm sure you won't deny it, it's about having a substantial amount of money or owning numerous assets and enough money to meet basic needs and desires. As a parent, having enough money to provide for my children's necessities like food, clothing, and shelter, as well as the ability to send them to good schools, is crucial.

I believe that financial security, the ability to afford a comfortable lifestyle, and the freedom to live life to the fullest are essential aspects that bring joy and fulfillment.

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October 24, 2023, 10:16:46 AM
Last edit: October 24, 2023, 10:57:29 AM by mindrust
 #20

1- You don’t have to work to live
2- You are not checking the price of the food you eat

If you met these conditions, then it means you are rich.

If you noticed I didn’t say “you need a car, you need a house, $x amount of cash) etc because if you are a person that don’t need to work and not checking the food prices it means you are financially free. It means you can buy pretty much anything you want.

When was the last time you sit in a restaurant and ordered food without checking its price first? If you did this, it means you are poor.

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October 24, 2023, 11:02:33 AM
Last edit: October 24, 2023, 12:02:23 PM by angrybirdy
 #21

We often hear the word rich, and our immediate thought is money. However, I know for others, being rich goes beyond just financial wealth. For me, and I'm sure you won't deny it, it's about having a substantial amount of money or owning numerous assets and enough money to meet basic needs and desires. As a parent, having enough money to provide for my children's necessities like food, clothing, and shelter, as well as the ability to send them to good schools, is crucial.

I believe that financial security, the ability to afford a comfortable lifestyle, and the freedom to live life to the fullest are essential aspects that bring joy and fulfillment.

Thumbs up for this one. The first thing that comes to our mind when we hear the word "rich" is all about having lots of money and I agree with that, for me, it should be being financially secure, meaning you have an investment, some business, asset and also if you're not living paycheck to paycheck. having a large income doesn't mean you're rich, especially if you're living paycheck-to-paycheck. You may consider yourself a rich person when you can afford to have a lifestyle that you want without needing a job when you are your own boss and not beholden to an employer, and when you're free to do what you want. One thing that I also consider being rich is having good health, a comfortable life, and stable mental health.



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October 24, 2023, 11:22:50 AM
 #22

It's one of question which differs from person to person. How do you define richness?
One's ability to live life comfortably and get whatever he wants to get with the resources he or she has is what I call being rich. Now, make no mistake about this, this definition is beyond money as money is a currency, so is a reputation, and other moral values one upholds at every point in his life. If you can survive with these individual currencies without begging someone else for assistance, I can liken you to a rich fellow.  

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October 24, 2023, 11:22:57 AM
 #23

It's one of question which differs from person to person. How do you define richness?
I have been seeing quotes about being rich and being wealthy. While being rich can make you have that financial freedom but they say that it's not for so long and it's just all about money.

And being wealthy should be the goal of many because it's for long term growth and financial freedom and your wealth can be grown over the period of time without you have the need to work.

Anyway, in all sums up with the common denominator of what being rich and wealthy is and it's all about having lots of money.

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October 24, 2023, 11:28:19 AM
 #24

I'm surprised to see people say rich is someone who don't have to work, buy anything without see the tag, and can travel freely. I don't think such person exist except you're the son of billionaire e.g. Elon Musk, Jeff Bezos etc. When you're already mature and your rich father want to give his business to you, even the business is autopilot but every important decision will be made by you.

You still need to work, even not in the business.

R


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October 24, 2023, 11:47:36 AM
 #25

It's one of question which differs from person to person. How do you define richness?
My personal definition of rich is having a source of income that is able to meet your needs over a long period of time. For example, a month's salary can cover a maximum of 1/2 year's needs. Because what you need to pay attention to is that sufficiency has various versions. So if someone still feels that the income they generate is not sufficient for their needs, it means that someone is not included in the rich category. What is meant by rich is financial stability where social status applies, so it depends on the environment in which one lives.

It's a different story if there is a group of rich people in the same environment but each has a different portion of income. It is difficult to determine who is rich because everyone considers themselves richer than others.

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October 24, 2023, 11:48:45 AM
 #26

What a notion! It's comparable to asking, "What is the purpose of life?" Richness in the world of advanced finance is more than just having a lot of cash on hand. No, gentleman! In addition to assets, liquidity, and net worth, there are a ton of other factors to consider. But shall we dissect it now?

For the Wall Street mogul, being wealthy may mean earning seven figures in income and owning buildings. However, owning their own company and being debt-free could be the definition of richness for the small-town business owner. How so different people's perceptions of riches may be is fascinating, truly amazing. In my opinion? Financial success, individual freedom, and the fulfillment that comes from leading a life authentic to oneself are all components of richness. That's just me, though! You must define richness according to your own standards. When you finally do, give it everything you've got. Do not hold back

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October 24, 2023, 12:14:23 PM
 #27

I love Bob Marley, love his music and its message, so I like to share his statement which I also use to measure my richness.

Quote
Possession make you rich? I don’t have that type of richness. My richness is life, forever.” #bobmarley

🎥 Bob is interviewed by reporter George Negus (60 Minutes Australia) at 56 Hope Road in Kingston, 1979.
https://twitter.com/bobmarley/status/1458512404443119620?lang=en

+++

So it's not really about the money for me, as long as I survive in this world with a comfortable life, I wouldn't be chasing a lot of money as I also like to retire spending time with my family, just be happy, I think that would make you rich already.

Even Steve Jobs, in his statement he regret working to hard that he sacrifice his happiness already.

Quote
"I reached the pinnacle of success in the business world. In others’ eyes my life is an epitome of success.
However, aside from work, I have little joy. In the end, wealth is only a fact of life that I am accustomed to.
At this moment, lying on the sick bed and recalling my whole life, I realize that all the recognition and
wealth that I took so much pride in, have paled and become meaningless in the face of impending death.

https://medium.com/@vikasjangir/steve-jobs-last-words-d79012fad236

I know, right?

You need to have money to make ends meet, but you can't put a price on life. As in, peace and quiet type of life. Because ultimately, when you're at peace, that's when you're happy.

All these people flaunting their materialistic possessions are longing for some inner peace and happiness inside, I suspect.

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October 24, 2023, 12:36:36 PM
 #28

It's one of question which differs from person to person. How do you define richness?
To be rich is the ability to provide all the basic needs of life. Furthermore, it is a life without debt, sickness and fear. It is freedom from greed because you are contended with what you have. Criminals are not rich regardless of how much they own because they have no peace.   

I know, right?

You need to have money to make ends meet, but you can't put a price on life. As in, peace and quiet type of life. Because ultimately, when you're at peace, that's when you're happy.

All these people flaunting their materialistic possessions are longing for some inner peace and happiness inside, I suspect.
Many of the good things in life are not bought with money which is why even billionaires commit suicide. Many of these people who flaunt their wealth in public are living troubled and sad lives in secret. This is why I pity people who compare themselves with others because of material things. When I visit some of the poorest areas in my country, I see happy people who are content with what they have. I see husbands hugging and laughing with their wives and children playing joyfully with their parents, they are enjoying the riches that money cannot buy.         

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October 24, 2023, 12:53:40 PM
 #29

Everyone has a different view of what rich is, and everyone has their own parameters to measure it against.
Now maybe in this case many people define wealth on possessions, yes that is not wrong. But I want to give my opinion from another perspective, like health for example. Yes for me when we have a lot of money but we have an illness, then that's not happy either.
I started to think like this, there are so many rich people in my neighborhood who have to go back and forth to the hospital, while simple people have very good health.
Maybe that's a little bit of my view on what wealth is like.

R


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October 24, 2023, 01:09:43 PM
 #30

I love reading people's responses here, one from @stadus who quoted about Steve Jobs touched me, at the death bed what we do in life matters little.

Everyone has a different view of what rich is, and everyone has their own parameters to measure it against.
Now maybe in this case many people define wealth on possessions, yes that is not wrong. But I want to give my opinion from another perspective, like health for example. Yes for me when we have a lot of money but we have an illness, then that's not happy either.
I started to think like this, there are so many rich people in my neighborhood who have to go back and forth to the hospital, while simple people have very good health.
Maybe that's a little bit of my view on what wealth is like.

There is a saying, 'health is wealth', if you don't have this wealth, materialistic wealth is useless.

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October 24, 2023, 01:11:10 PM
 #31

It's one of question which differs from person to person. How do you define richness?
To be rich is the ability to provide all the basic needs of life. Furthermore, it is a life without debt, sickness and fear. It is freedom from greed because you are contended with what you have. Criminals are not rich regardless of how much they own because they have no peace.   
       
Yes in general it is like that, where wealth is our better living conditions than before, not feeling afraid in terms of basic needs in the long run, all needs will be easily met because we have above-average financial strength. For the problem of debt I agree with that, most of the time there is no pressure that we or they will feel the impact of debt itself, but for the problem of disease in my opinion is not included here, the disease will not see who the person is and whether the person is rich or not, still the disease is very likely to attack, this is more on a healthy lifestyle. Because it is not uncommon for us to see many rich people who turn out that one of the families has a fairly severe illness, so this is more about managing a healthy lifestyle even though basically they are sufficient for medical problems.

It is clearly different from those criminals in terms of finance, logically if they are rich people who are well-off then there is no way they will commit crimes such as theft and so on, one of their reasons in general is usually to fulfill their personal needs, they do it because they feel unable to change their own lives through the process as in general.

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October 24, 2023, 01:15:51 PM
 #32

It's one of question which differs from person to person. How do you define richness?
Rich can be defined differently from different perspectives as well. Many view wealth from the point of view of the price/asset owned by a person or from a financial point of view.
Not arrogant, for me rich is when I need something easy to be realized. That is broad meaning, rather than being too complicated in explaining, the wealth that I am maximum is as long as I can bring happiness, that is the real wealth.

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October 24, 2023, 01:33:01 PM
 #33

It's one of question which differs from person to person. How do you define richness?
Living comfortable and to be able to impact people's life this what it is to be rich. Some people claim to be rich but if you look the people around them expecially family members you found no trace of richness. Being rich is not just about much money in the account but how many lifes that can be transformed from the money and wealth you have. What I know is that being rich is beyond having numerous amounts of money in the account. Being rich is all about adding value to the life of people in one way, this is the meaning of being rich.

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October 24, 2023, 01:33:08 PM
 #34

It's one of question which differs from person to person. How do you define richness?


Personally, I think being rich equates to achieving financial freedom. Of course, having a lot of assets and investments and free from all debts are also included on this. But for me, the best way to describe a rich person is someone who does not have to worry about money anymore. Because he is aware that he is already financially capable and stable. For me being rich, is not always defined by the materials things that we see, like having luxurious house and expensive cars. Because there are rich people who are not into material things and that they prefer simple things. I think being rich also talks about sustainability, if the future of your family is already secured in terms of education and their quality of life, and that you know that it will last for lifetime, then I think you should be considered as rich by then.



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October 24, 2023, 01:35:56 PM
 #35

It's one of question which differs from person to person. How do you define richness?
This is a simple question but the answer is complex. We, who are common people, can define wealth differently. To be rich, I don't just emphasize money, but I think it is also necessary to have knowledge. Although knowledge is not directly related to getting rich but if I talk about getting rich in all aspects of life then this should also be given priority. But most people would think that having lots of money is the only way to be rich. That is, a person is considered rich if he is able to do whatever he wants with money. But besides being financially self-sufficient, those who can lead at every level in life are rich people.
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October 24, 2023, 01:39:49 PM
 #36

It's one of question which differs from person to person. How do you define richness?

In general, wealth means a lot. There are rich people in terms of money, but not rich in true friends. As for others, even if they are not rich in the state of their lives, they are rich in true friends and family.

But if we talk about it literally, being rich is when you have stable businesses that produce money in them; in short, there are many standing businesses and companies. Besides that, everything you want you can get with the money you have. From cars, jewelry, gadgets, and other material things.

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October 24, 2023, 02:40:15 PM
 #37

It's one of question which differs from person to person. How do you define richness?

You know everyone has a different opinion about what they call being rich, but according to me, what I see as being rich is the ability to be able to afford the basic things that you need( I know human beings can never be satisfied with what they want, no matter what they have, they will always want more), but some people see being rich in another way. Some people believe if you’re not living in a mansion, driving expensive cars, and spending lavishly, then you are not rich, but I don’t see it that way. Anyone I see can get themselves the necessary things they need.

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October 24, 2023, 02:51:18 PM
 #38

Everyone has different opinions on being rich in fact my assessment is that being rich means having enough left over after meeting your needs enough to make one's life relatively comfortable or enough to make one's life less uncomfortable. So if you have surplus wealth you are rich someone considered wealthy also has access to more wealth than the average person. These may include financial assets such as money in the bank or investments physical possessions such as cars or houses and intangible benefits such as access to a network of influential friends or luxury experiences.

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October 24, 2023, 03:24:33 PM
 #39

Richness in what sense? We can think about being rich financially, healthy, belonging to a wide social circle of friends, by being a popular individual, by being successful on the professional field chosen to work on, by having the love of the woman of your dreams or just by being in peace with yourself and with the philosophy of life you chose for yourself. We can talk about richness literally or metaphorically. There isn't a right answer for this question, as it will be always subjective depending the aspect we are talking for and the people you are asking to.

In my perspective, I consider all the categories mentioned above as meanings of being a rich individual.

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October 24, 2023, 03:51:06 PM
 #40

It's one of question which differs from person to person. How do you define richness?

Riches is subjective to people, some people think been rich is by displaying wealth, live a lavish lifestyle and display all kinds of stuff, that's not what been rich is to me but at the end, as it is a intuitive phase that we all view differently.

Being Rich means you have wealth and by wealth you have assets, you have investment and you have power to say yes and no through influencing. Look at Elon Musk today, he has the money and he has the power at the same time, having X as an investment was another logic trick to gain more power, that is what been rich is all about.

When you are rich without power, you can't do much because even the wealth around you can be surpress down by cabals who don't like and vibe you, this happens every where, even politically people can get on your toes. The only way to remain a wealthy and rich person is to have money(liquid) + investment and Assets, that's what definition is to me.

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October 24, 2023, 03:55:23 PM
 #41

It's one of question which differs from person to person. How do you define richness?
From my point of view, rich is feeling enough for everything without feeling lacking in anything personally and in life. Even though other people may see us as just normal, that won't be a problem because everyone never shows off all the wealth they have to the public or to anyone passing by on the street. So for me, being rich doesn't mean that someone has to have more wealth with luxurious items and quite a lot of vehicles, because having enough and not feeling lacking and having difficulties in life every day, I already consider someone like that to be rich.

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October 24, 2023, 03:56:20 PM
 #42

Of course, many people differ in how they define rich, some believe that they must live on more than one income, have financial goals, or be effective in using their time and daily life productively. I agree with all of this

In my opinion, being rich doesn't have to be seen from one's wealth alone, but the true definition of rich is how grateful they are and feel sufficient for what they have got now. And help a lot or donate the little wealth we have to other people.

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October 24, 2023, 04:14:15 PM
 #43

It's one of question which differs from person to person. How do you define richness?
Good question, but I think your topic is motivated by this one Re: If someone holds 1 bitcoin in 2023, can he call himself rich? Well, I shared my opinion about being rich there too, but I will share more here. Which is, that being rich is doing anything with your life, and you don't have to think before making any payment. Even you don't even have to think about how much money you have and how much money you need to buy something.

Long story short, if you have enough money that you don't even know how much you have and you are making money continuously then you are rich. But another thing I wanted to add is, the rich are those who don't only spend their money, but they also invest their money and multiply their money.

They have entrepreneur mindsets, even the rich is some spoiled people, they have this mindset to invest their money into some assets and stocks that can make them more money.

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October 24, 2023, 04:35:21 PM
 #44

1- You don’t have to work to live
2- You are not checking the price of the food you eat

If you met these conditions, then it means you are rich.

If you noticed I didn’t say “you need a car, you need a house, $x amount of cash) etc because if you are a person that don’t need to work and not checking the food prices it means you are financially free. It means you can buy pretty much anything you want.

When was the last time you sit in a restaurant and ordered food without checking its price first? If you did this, it means you are poor.
Your notion of wealth is undoubtedly unique, emphasizing financial independence as a significant aspect. The notion that genuine wealth is not only the possession of certain goods or a certain quantity of money, but rather the capacity to live comfortably without continual financial anxiety, is a refreshing viewpoint. Your emphasis on not having to work for a job and being able to enjoy activities without needing to check costs aligns with the concept of financial security. It urges us to reconsider our definition of wealth, moving the emphasis from tangible goods to a life free of financial restraints.

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October 24, 2023, 04:40:02 PM
 #45

It's funny how all the responses here centers on personal achievements. I'd ask a question. Who do we consider rich? what does a person need to do in our lives before we accept they're rich? Giving! is the only factor used to measure riches in the society. If you have all the money in world, cars, buildings and financial freedoms without having humans who benefit from the wealth through giving and charity. People won't be satisfied with the fact that you're rich. A person that gives to people is a rich person. Because it signifies they have enough for themselves, that they can reach out to other people. Not just families, but strangers. Helping startups grow. Sponsoring people who do things we want to do. These are the factors I'd consider as being rich. Not just acquiring personal needs. If we don't hand things over to others it means we're not satisfied with what we've gotten. Meaning that we ain't rich.

Richness in what sense? We can think about being rich financially, healthy, belonging to a wide social circle of friends, by being a popular individual, by being successful on the professional field chosen to work on, by having the love of the woman of your dreams or just by being in peace with yourself and with the philosophy of life you chose for yourself. We can talk about richness literally or metaphorically. There isn't a right answer for this question, as it will be always subjective depending the aspect we are talking for and the people you are asking to.

In my perspective, I consider all the categories mentioned above as meanings of being a rich individual.

It's indeed about health too, because being healthy contributes to a better life. When one possesses what the society values, they'll definitely be called rich. Do you think the rich folk still think of other rich people as rich? wouldn't they have other things that'll be more valuable than money. Most rich men today, sponsor war and purchase weapons. That's what seems to them as being rich. Owning war tankers, bombs etc. You'd see it's about personal perspective. Others who depend in the spiritual ways can see a possessor of a rare talisman as rich too. So, it's not mainly about the money like you said. Freedom and happiness is also factors of wealth in the life of many business men. Stuffs like cars and house, we easily get tired of them. That's why I think we all should own our different ways of seeing riches. Like myself, giving is my first and primary factor of calling a person rich. Regardless of their social standards, houses or whatever belongings they have.

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October 24, 2023, 04:44:36 PM
 #46

Happiness is how I determine being rich.  If money isn't important to you, and you have most of the things/possessions you want, I feel that you can still determine that as being "rich", just in a bit different of a way.

In economic terms, it all depends on where you live in the world.  In some places a million dollars is an extremely large amount of money, in other's it's not very much.  So it all comes down do regional location.  Then what city/state/providence you live in.  Also your portfolio holdings and current job all factor in. 

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October 24, 2023, 04:51:08 PM
 #47

I love reading people's responses here, one from @stadus who quoted about Steve Jobs touched me, at the death bed what we do in life matters little.

Everyone has a different view of what rich is, and everyone has their own parameters to measure it against.
Now maybe in this case many people define wealth on possessions, yes that is not wrong. But I want to give my opinion from another perspective, like health for example. Yes for me when we have a lot of money but we have an illness, then that's not happy either.
I started to think like this, there are so many rich people in my neighborhood who have to go back and forth to the hospital, while simple people have very good health.
Maybe that's a little bit of my view on what wealth is like.

There is a saying, 'health is wealth', if you don't have this wealth, materialistic wealth is useless.
That's the case, but nowadays many people are chasing wealth without thinking about their health. Sure, they have health insurance as a form of investment in their health, but that alone is not enough to guarantee health. I mean work yes work, but don't forget about health, like for example from the smallest things, keep your sleep pattern, keep your diet, take the time to exercise even if it's only 10 minutes every day. Don't let something we pursue make us sick in the end, it's not funny either.
I understand that everyone's needs are different, but that doesn't mean we can ignore our health. Because we also won't be able to make money if our health is disrupted.

R


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October 24, 2023, 05:56:37 PM
 #48

It's one of question which differs from person to person. How do you define richness?

For me, the definition of being reach wealth is; It is the evaluation style of a person who has gained financial freedom, successfully earns passive income, can buy almost anything they wants, doesn't check the price when purchasing a product/service and has enough savings to continue their life comfortably. Of course, people who meet these criteria but have psychological or health problems are rich only by financial definition.

Maybe it will be a bit of poor literature but apart from material things&money to state the general definition of the word rich for me; I can describe as a happy, knowledgeable, successful and respectful person and who has no health problems. The literal meaning of the word rich becomes real with the inclusion of the financial factors I mentioned at the beginning of my comment.
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October 24, 2023, 06:15:52 PM
 #49

It's one of question which differs from person to person. How do you define richness?

As we have heard from many people money circulates all over the world. And it went from one person to another one. But I think the person who has the spending ability is rich. Because I have seen many people that have a lot of money but they didn't have the spending ability or don't have a heart and want to make the choices in which they want to invest. So, they are just adding their money for their whole life and they don't even take any benefit from it.

So, I don't consider these people to be the richest ones as I think the richest people are those who look for what they like and for which nothing could stop them from investing and nothing could stop them from making themselves best. This is the only reason some richest people are not liked by many other people who have greed.

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October 24, 2023, 06:18:54 PM
 #50

It's one of question which differs from person to person. How do you define richness?
My definition of wealthy is how many lives you have impacted positively to stand on their own, how many people are under your custody that you are training, what you have done for your community, the way you are being love and cherished by people and the assets you owed.

To me, I don't consider anyone to be rich if they can't do what I have mentioned. I will regard someone as being wealthy more especially if they can touch the lives of people around them positively.

R


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October 24, 2023, 06:34:52 PM
 #51

It's one of question which differs from person to person. How do you define richness?
Richness could really be define in 2 ways on which i could think off. Totally depend on a certain person on how he would definite it but
speaking up literally on  things then it would really be pertaining something like this;

RICH IN FIAT
1. Able for someone to buy things that he wants.
2. Able to do all sorts of things on what he do have in mind
3. Control of other people
4. Taking up advantage since you do have the money
5. Have that confidence on everything

RICH IN HEALTH,LOVE,RESPECT ETC.

1. You might not be rich but there's love  that you are preferring into.
2. Good health is always the key
3. Respect from other people
4. Reputation
.......

Actually it would really vary but for me then i would always choose that Option A.  Grin

R


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October 24, 2023, 06:40:50 PM
 #52

From my point of view, rich is feeling enough for everything without feeling lacking in anything personally and in life. Even though other people may see us as just normal, that won't be a problem because everyone never shows off all the wealth they have to the public or to anyone passing by on the street.

In fact, the meaning of "rich" for many people can be defined differently in the same way that people view "success". I believe very few, and perhaps almost no, people would want to live a life of poverty and misery. Everyone wants a rich, happy and prosperous life. And the real wealth is those who are good at being grateful, and feel content in living life without lacking anything.

Quote
So for me, being rich doesn't mean that someone has to have more wealth with luxurious items and quite a lot of vehicles, because having enough and not feeling lacking and having difficulties in life every day, I already consider someone like that to be rich.

Many people misunderstand wealth. If you have a lot of money, luxury cars, and a magnificent house are the benchmarks for being rich. In my opinion, in personal finance, wealth is a condition when the amount of assets is greater than debt, this is called net worth.

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October 24, 2023, 06:46:43 PM
 #53

In terms of tangible assets, my view on being rich is being able to afford everything and anything they want from their food, house, cars, jewels, etc. But I also believe that being rich is wealthy is on a different level. Being wealth for me means that you own a lot, you're not 'richer' you are a lot richer of the rich person, idk if you will get that but that's how crazy rich a wealthy person is. While we dream of being rich someday, there are also some rich people who dream of becoming wealthy.

Every one of us has different views on these terms, I like how others are addressing this generally, not just monetarily. OP didn't mention it.
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October 24, 2023, 07:02:12 PM
 #54

It's one of question which differs from person to person. How do you define richness?

This definitely depends on individual perspective as you already point out. Generally speaking, when we hear rich, the first thing that comes to our mind is money. But it's interesting to note that money is not the only factor that determines whether someone is rich or not. There are many people who have a lot of money but still feel poor and there are others who have very little money but feel very wealthy.

In my own perspective being rich is all about satisfaction, peace of mind and contentment. When you are able to satisfy your needs without having to struggle much or seeking for someone's assistance is what I consider being rich. To me richness is more about being self-sufficient and not having to rely on others for your basic needs.

R


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October 24, 2023, 07:04:48 PM
 #55

It's one of question which differs from person to person. How do you define richness?

Rich is an adjective. Someone can interpret rich with various views. In the economic sector, rich means someone has more than enough financial capabilities.

What I mean by your question is rich, lots of money. Because rich is an adjective, rich from my point of view is being able to be economically independent and able to help people in need.
This is included in the meaning of being rich and rich like that is what I want when I have a lot of money and lots of investment assets.

R


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October 24, 2023, 07:06:59 PM
 #56

It's one of question which differs from person to person. How do you define richness?
My personal definition of richness in the economic sense is having money both liquid and assets to be able to fulfill at least 90% of your desires wants and needs we felt ever being worried about them. To be which furthermore is simply to think it and be able to do it without any financial restrictions. Nothing more than this.

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October 24, 2023, 07:21:44 PM
 #57

It's one of question which differs from person to person. How do you define richness?
In finacial terms which is the most common reference afaik , being financially rich usually means your financial status is simply above average and you can make money while sleeping without having to think about when your next pay cheque is coming in. It's safe to say those considered to be rich are those that own several businesses and have the elite status in a country or in their circles and can afford whatever tickles their fantasy.

RICH IN HEALTH,LOVE,RESPECT ETC.
Oh yeah, we can be rich in other areas besides the financial sense  Cool

R


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October 24, 2023, 07:26:06 PM
 #58

It's one of question which differs from person to person. How do you define richness?

Rich for me

1) Time  under 30 is rich.
2) Health no illness of any kind is rich.
3) Muscle Tone and physically fit. is rich
4) Love a solid person for your lover. is rich
5) Wealth cash homes  is rich
6) no debt is rich
7) kids if you want them is rich
8 ) no kid if you don’t want them is rich

No one has all of the above.

Some people have a lot from that list and they are close to truly rich.

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October 24, 2023, 08:56:55 PM
 #59

It's one of question which differs from person to person. How do you define richness?

Wealth is not a suitcase of money or gold Smiley
Wealth is:
- Knowledge that can be applied in real life
- A desire to live a better life and to take action to do so
- Having health, family, business
- To be as independent as possible from the situation
- To have good connections and acquaintances
- Have diversified assets
- To think and develop in accordance with the real world
- Do not stop at what has been achieved, set new "peaks" and try to achieve them

Most likely I missed something, but the above mentioned are very important for wealth, or rather high quality life, as these are two different concepts, and the second one (high quality life) is more important and significant.

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October 24, 2023, 11:37:43 PM
 #60

It's one of question which differs from person to person. How do you define richness?

Wealth from my poerspective is those who are able to meet all the needs of themselves, their families, and help people who need help. In my opinion, wealth is not something that can only be enjoyed by oneself, but wealth must also provide benefits to the people around us who need it. In my opinion, if more people care about other people, life will be better and we can become useful people

I am sure that everyone has the dream of becoming a financially independent person, but achieving this is not easy, we need to struggle and work hard to gain wealth.
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October 24, 2023, 11:48:40 PM
 #61

being rich simply means we are not burdened by debt and still have plenty of money life that we can use for many things we want, basically you just don't worry about something like financial crisis anymore.
you have plenty money that fulfill your basic needs and also you can afford some luxury lifestyle even a little bit, being consumtive a little bit won't make you broke, thats what i call rich.
though it might be relative for many people one would consider having hundred millions of dollars as rich.
the other might consider having 5 million dollars already rich, but really it depends on the place you're living in and also the price of goods and property relative to your place.
but i will have my own target of reaching multi million dollars in wealth, that i would consider well off.

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October 25, 2023, 01:43:49 AM
 #62

Being wealthy isn't just about possessions; it contributes to more than 50% of my current happiness. I find great joy in having the means to relish my freedom. To me, "rich" is a state where I can freely choose what I want to eat today and travel anywhere without worrying about money. It's the liberty to explore new horizons and embrace boundless possibilities without limitations. That's my unique version of richness.

Have you ever heard of a big-shot CEO who can't savor shrimp or red meat on the advice of a doctor due to cholesterol issues? It's a paradoxical situation, even though they have ample wealth, they can't enjoy these simple pleasures. It feels remarkably confining, not being able to experience freedom when wealth is in hand.

As I mentioned, it takes money to attain that kind of freedom. And it doesn't mean I need billions of dollars; I'm afraid to accumulate that much wealth because I still crave challenges to make the world an exciting place.  Grin
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October 25, 2023, 01:54:54 AM
 #63

being rich simply means we are not burdened by debt and still have plenty of money life that we can use for many things we want, basically you just don't worry about something like financial crisis anymore.
you have plenty money that fulfill your basic needs and also you can afford some luxury lifestyle even a little bit, being consumtive a little bit won't make you broke, thats what i call rich.
though it might be relative for many people one would consider having hundred millions of dollars as rich.
the other might consider having 5 million dollars already rich, but really it depends on the place you're living in and also the price of goods and property relative to your place.
but i will have my own target of reaching multi million dollars in wealth, that i would consider well off.
Cash, cash, cash! I think it's wonderful. I must admit, I'm impressed by the clarity with which you express what having money means to you. That's the dream: living without debt, being free to do as you like in life, even treating yourself a bit without worrying about becoming bankrupt

You have now set your sights on the multi-million dollar range. Huge goals! Love it! But let's be clear: having a lot of money isn't the only indicator that you're wealthy. The worth of that money is at issue. $5 million in a tiny town and $5 million in New York are not the same thing. Location, location, location—that's everything

But here's my suggestion: don't only concentrate on the ultimate result. Have fun on the voyage. Make wise financial decisions, assemble a top-notch team, and maintain knowledge at all times. And keep in mind that, although money is nice, the true wealth is found in the experiences you acquire and the memories you forge. So go forth, follow your heart, and succeed! Think big, dream large, and live big is something you should always keep in mind

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October 25, 2023, 03:28:28 AM
 #64

It's one of question which differs from person to person. How do you define richness?

Like People buy Bitcoin, see the price increase, and feel like they are getting rich quickly..

These are all true feelings and obsessions.

This world is strange. Grin Grin

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October 25, 2023, 04:03:44 AM
 #65

It's one of question which differs from person to person. How do you define richness?

Like People buy Bitcoin, see the price increase, and feel like they are getting rich quickly..

These are all true feelings and obsessions.

This world is strange. Grin Grin
That's true, and I think it's very strange even.  Grin
Everyone will feel rich at different times, and there is no specific definition of what rich is, because in my opinion rich is an achievement that has been achieved and appreciated by oneself, that is the work of our brain when we feel happy.
each person will be different of course, if we measure it with money, then it will be endless.

And when you feel rich when the price of Bitcoin increases, maybe I also experience the same thing. lol

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October 25, 2023, 04:24:04 AM
 #66

Simply that you don't stop doing anything you would like to do because of lack of money. Keep in mind that this is relative, because if you have aspirations like buying an island or a yacht and filling it with models to accompany you, it will cost you much more to feel rich than if you have more mundane aspirations. Things like there are a few days left until everyone gets paid and if you feel like buying clothes, filling up the tank and inviting your girlfriend to dinner can be part of that feeling of wealth.

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October 25, 2023, 04:31:45 AM
 #67

I always prefer to stick with those less materialistic ways of defining richness. I'm a hypocrite if I don't admit that I'm running after money in one way or another, but I'm still convinced that beyond material possessions, it should be the genuine feeling of comfort and satisfaction that count more.

Of course, a man who has $1 million is richer than one who only has $1,000, I admit that, but that's definitely not everything there is to it. A man who lives in a mansion, has a private jet, a yacht, and so on but whose mind is constantly occupied with thoughts of how to make more money because he badly needs to buy that resort in the Bahamas or that island in the Carribean, or that latest private jet in the market, and so on could be living a harder life than one who is living simply in the farm and who cannot anymore think of anything that he needs.

I know of individuals who have much more money that many others but who cannot seem to stay at ease because they've got so much expenses and so much to buy. It seems they're living a poorer life than those who don't have much beyond their simple yet decent living but who are very much satisfied and can sleep soundly seconds after lying down.

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October 25, 2023, 04:33:59 AM
 #68

It's one of question which differs from person to person. How do you define richness?
                                                   Having family around me that shows how they love me , Having officemates that  also
 shows How they are supportive in our field , having Social media group friends that always there to assist me in every queries
 I have? and also having Investments in crypto and some in banks that enough to sustain my family for years are more than
 enough for me to be called as richness.
                          
                                                    While Others sees this that about asset and money they have, but remember that we
 cannot bring our Money,gold and assets when we are dead, so better to be rich in everything that will make your happiness
 worth a living than those you can only Hold while alive but will be gone when dead.

Simply that you don't stop doing anything you would like to do because of lack of money. Keep in mind that this is relative, because if you have aspirations like buying an island or a yacht and filling it with models to accompany you, it will cost you much more to feel rich than if you have more mundane aspirations. Things like there are a few days left until everyone gets paid and if you feel like buying clothes, filling up the tank and inviting your girlfriend to dinner can be part of that feeling of wealth.

                                                  Means one thing mate, that richness cannot be define depending on how one look on it
 But this is a universal outlook , some can be simply rich while others needs to be luxurious and that is the fact.

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October 25, 2023, 05:07:47 AM
 #69

It's one of question which differs from person to person. How do you define richness?

To me, mental peace and having a happy and healthy family is a success. Spend quality time with your family because, at the end of the day, these will be the only memories which you will cherish. Be a supportive husband and a fun dad. Enjoy the time with your kids while you still can. You should be satisfied with whatever you are doing. Life is not a race or something; take your time and enjoy every passing moment. Live in the moment.

Money is not everything in life. If you consider success as having a lot of money and buying fancy outfits, cars and luxurious items, you are living in a fool's paradise.
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October 25, 2023, 05:11:47 AM
 #70

I always prefer to stick with those less materialistic ways of defining richness. I'm a hypocrite if I don't admit that I'm running after money in one way or another, but I'm still convinced that beyond material possessions, it should be the genuine feeling of comfort and satisfaction that count more.

-snip-

I know of individuals who have much more money that many others but who cannot seem to stay at ease because they've got so much expenses and so much to buy. It seems they're living a poorer life than those who don't have much beyond their simple yet decent living but who are very much satisfied and can sleep soundly seconds after lying down.

I couldn't agree more with you. To me richness in life has to do with freedom, both financial but also mental. If you have millions but you have been educated to need more no matter how much you have, you will always be a slave.

On the other hand, happiness has to do with material resources, because the lack of them leads to suffering and both concepts are exclusive. But once you get enough to live (the base of Maslow's pyramid), it has more to do with your values and beliefs.

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October 25, 2023, 09:42:32 AM
 #71

It's one of question which differs from person to person. How do you define richness?
However, depending on what someone is talking about, there are various characteristics that can be used to characterise wealth or richness. I believe the original poster intended to refer to financial wealth, however wealth can simply be defined as having anything in abundance, whether it be materially, monetarily, or in any other way. The definition of wealth varies from person to person because various people interpret it differently, but for me, being wealthy is having enough money to meet one's necessities and wants without actually worrying about how much money one has spent. A person is wealthy if they are comfortable, have peace of mind, are able to afford anything they want, have access to properties, money, and other exceptional things.

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October 25, 2023, 09:54:53 AM
 #72

It's one of question which differs from person to person. How do you define richness?

Like People buy Bitcoin, see the price increase, and feel like they are getting rich quickly..

These are all true feelings and obsessions.

This world is strange. Grin Grin

Lol... Well everything can blow up in their face just when they think the bull run will continue the next 24 hours, weeks or months but before you say jack, the next our comes the unannounced retracement until you see you have gone back to where you came in from. That was what happened last bull and might repeat again for some wanting to hodl to riches.

Anyway, rich is the known and established status not the process  ongoing waiting for bull run. However, people who can afford what they want at any point classify themselves as rich.

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October 25, 2023, 10:18:32 AM
 #73

Being rich means wealth in terms of having a lot of money and assets. Being able to earn six figures or above in a year, owning multiple businesses, owning cars, and having a big house where you can live comfortably. It also means providing yourself with everything you want, like you can buy everything around you. Every material possession you think brings you happiness.

Always remember, the meaning of being rich depends on the status of a person or how they see life. It may be about having a lot of money, or about having connections with people around you and experiencing the joy, happiness, and fulfillment of your life.


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October 25, 2023, 10:27:13 AM
 #74

It's one of question which differs from person to person. How do you define richness?

In my perspective, rich is someone who has succeeded in achieving financial freedom and has also succeeded in achieving all his/her dreams directly. btw, I also once asked my partner what his definition of rich was, he said the definition of rich from his perspective was having a complete family, having a big influence and contribution to many people, especially those who really need help. For most people, rich has different definitions, some even define rich as having no debt at all.



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October 25, 2023, 10:56:26 AM
Merited by fillippone (1)
 #75

Being rich means wealth in terms of having a lot of money and assets. Being able to earn six figures or above in a year, owning multiple businesses, owning cars, and having a big house where you can live comfortably. It also means providing yourself with everything you want, like you can buy everything around you. Every material possession you think brings you happiness.

Always remember, the meaning of being rich depends on the status of a person or how they see life. It may be about having a lot of money, or about having connections with people around you and experiencing the joy, happiness, and fulfillment of your life.

Your views and opinions are okay but to me I feel being rich isn't only about having lots of money and assets but the ability to employ people in an industry or an establishment in other to  enhance your business and also to create a platform for people to earn a living through your establishment.

It is important for us to know that no matter how rich and wealthy someone is without people benefiting from you through establishment that will bring about employment opportunities to people, then you are only wealthy to yourself and your family as your wealth isn't circulated.

Now for instance, Aliko Dangote who is the Richest man in Africa has some establishment such as the Dangote groups that has aided lots of individuals to benefit and be employed so these are things that needs to be considered when naming people who are rich and wealthy, not some kind of selfish individuals that only thinks about their personal interest and opinion. As in the number of labour force that is working under your company or industries should also be put into consideration.

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October 25, 2023, 11:01:03 AM
 #76

It's one of question which differs from person to person. How do you define richness?

In my perspective, rich is someone who has succeeded in achieving financial freedom and has also succeeded in achieving all his/her dreams directly. btw, I also once asked my partner what his definition of rich was, he said the definition of rich from his perspective was having a complete family, having a big influence and contribution to many people, especially those who really need help. For most people, rich has different definitions, some even define rich as having no debt at all.
Everyone has their own way of interpreting that someone has become rich, some say they must have a lot of money and others must also have an intact family. But in my opinion, someone who has become rich will of course be able to easily get whatever they want and they can do anything with the wealth they have and also everyone who is rich will of course be able to easily help people who need their help.

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October 25, 2023, 11:05:08 AM
 #77

Individuals ideology on this subject differs, for any person to be classified as a rich person, I think you ought to have grown to an extent financially, not necessarily in your physically currency but in net worth.
If am to say a person is rich, first of all his investment in different sectors or diversity should come first.
If you can afford almost everything you desire without much stress, I can say that you are rich because being rich lessens the stress an individual encounters in the pursuit for whatever they want at any time.

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October 25, 2023, 12:34:59 PM
 #78

It's one of question which differs from person to person. How do you define richness?
You've got a peace of mind and you've got no problems with whatever you want to purchase. You've got assets coming from appreciating assets up to the generating income assets. I think that you get what I mean with that because aside from having money, you're also having your sanity being preserved. There's nothing better today than having a peace of mind. You may have all the riches in this world and yet you can't sleep like a baby because of all the stress that you're thinking everyday coming from your job, from your business, from your family and from anything that will give you that trouble that will just consume your energy, your peace and even money.

IMHO, what I like in modern day is we've got our own definition of being rich. And that's the beauty of the differences of our minds. Majority will tell that everything is all about money, money and money and I won't argue with that because we all need it. But having the other description from others of what is richness to them is interesting and I'm sure like mine about having a peace of mind and as well as having no trouble having money is a combination that we're all wanting.

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October 25, 2023, 12:54:22 PM
 #79

It's one of question which differs from person to person. How do you define richness?
Rich in my point of view is a condition where we feel enough with what we already have. Which means we are satisfied with the achievements we have obtained. A healthy and strong body and soul. And we no longer worry about income. Because sometimes being rich can't only be measured by the number of assets we have. But also in other things such as health and morals. Because there are many out there who have a lot of wealth but have not found peace in their lives. Because he always feels lacking in what he already has.
But if we narrow the perspective of being rich only in financial matters then that means we already have financial freedom. Because for me, people who don't have financial freedom cannot be said to be rich people.

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October 25, 2023, 01:01:17 PM
 #80

Simply that you don't stop doing anything you would like to do because of lack of money. Keep in mind that this is relative, because if you have aspirations like buying an island or a yacht and filling it with models to accompany you, it will cost you much more to feel rich than if you have more mundane aspirations. Things like there are a few days left until everyone gets paid and if you feel like buying clothes, filling up the tank and inviting your girlfriend to dinner can be part of that feeling of wealth.

Of course everyone will have their own sensation in terms of satisfaction, and they will do something that will give them the sensation to confirm that they are rich people, as you said and maybe there are some of them who will spend large amounts of money to buy islands or yachts, none other than that they do just to confirm and admit to themselves and also maybe to others that they are not ordinary people.

The point is that the feeling will come back to each individual's high or low satisfaction, because after all there are also many who are rich but live quite simply and not excessively. This is quite related to the pride that exists in that person too, and if they are one of those people who are always simple in life even though they are rich then maybe they will only confirm to themselves about the wealth they have, because real wealth does not always have to be known by many people.

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October 25, 2023, 01:19:24 PM
 #81

It's one of question which differs from person to person. How do you define richness?

Of course, there are many versions of how we view rich people and the responses will definitely be different.

They can be said to be rich because they can meet all their needs and don't think about hunger, of course they have lots of running assets, meaning these assets can produce income every month. They do not work for other people hoping for a salary, and they do all investment instruments without fear of losing money.

Even though many people say that wealth is actually happiness, for me if all assets are invested without fear, I think that is the true essence of happiness.

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October 25, 2023, 01:20:41 PM
 #82

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

It's not necessary you must have a big desire e.g. buy super car, have a big house etc because that's really hard to achieve and not everyone can have that.

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October 25, 2023, 01:31:39 PM
 #83

Sometimes I always have difficulty defining what rich is. But I have an approach to defining richness from my own point of view. But I will divide the types of richness itself into two categories, namely financially rich and emotionally rich.

Financially rich may be a condition where we have a lot of money, unlimited income that continues to flow even without us having to work and of course we can buy the things we want and need at once. Have a lot of investment in all fields and we live happily.
But emotionally rich is when we can have wisdom in managing emotions or all things that involve emotions. Including being a benefactor in it. The point is that we can understand other people's feelings well so that we can always respect each person.

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October 25, 2023, 01:36:49 PM
 #84

By rich we mean financial support. How rich a person is depends on how much money he has in the bank and how many businesses he owns or how many private companies he owns. The difference between rich and poor is usually considered through money. 

Through a person's income and financial support, the economic status of people can be divided into three groups, one is the lower circle, one is the middle class, and one is the upper class. We consider those who have to struggle to provide food for one meal or who have to eat one meal and not eat another meal as low class. Middle class means if some money can be saved with monthly income money then we can consider it as middle class and upper class is those who have huge bank balance and multiple sources of income. Basically this is how people's positions are calculated.

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October 25, 2023, 01:51:25 PM
 #85

It's one of question which differs from person to person. How do you define richness?
Being rich for me simply means, being financially able to buy whatever one wants or needs, being rich does not necessarily mean a life of no challenges both financially, for i personally have come to the terms that, as long as man is alive, there will always be problems, wants and so on, these problems could include financial problems, health problems, family problems and so on, but the good thing in being rich in the midst of this problems is that, the financial means of seeking solution is already available. Take for example, being sick, when one is sick, he or she needs money to access a proper health care services, without money, this becomes very challenging. Even when talking about family problems, when one is faced with family problems, they need money to see a consultant in family matters.

Majorly, every problem associated with being alive has the part that requires money to fix, even money is required to give a dead person a befitting burial. So, in the end, being rich for me is being able to financially own or get whatever one wants.

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October 25, 2023, 01:52:27 PM
 #86

Being rich to me defines ones contentment and ability to be independent. It also has to do alot with ones financial prowess.
In some instances it could be used in context to refer to ones natural gift or talent and how sufficiently such a talent flows.

In all, being rich is more or less a mindset and it works for those who think they are rich. I believe am rich even though I don't have enough funds right now, but am hopeful and I know it always pays to do so, mostly with a good investment portfolio/management.
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October 25, 2023, 02:53:02 PM
 #87

It's one of question which differs from person to person. How do you define richness?
When talking about the definition of wealth, each person definitely has a different definition and it depends on each person's desires. Because if we talk about the meaning of wealth, then wealth will definitely never end. Because after all, everyone must have unlimited ambition regarding wealth if it is motivated by lust.

Then if the definition of wealth you mean here is financial. In my personal opinion, financial wealth can be interpreted as having very abundant assets, whether in the form of money, investment assets such as gold or bitcoin. The clear picture I had in my mind was like that. Because if we talk about the meaning of wealth from an economic/financial perspective, it is definitely related to having wealth such as a lot of money and assets. So in my personal opinion, what is meant by financial wealth is having a lot of money or assets that are enough to support my entire life.

However, if the definition of wealth you mean here is seen from all aspects of human life. In my personal opinion, the meaning of wealth in the overall context can be said to be about happiness of the heart and mind. Because if the heart and mind are happy, then life will also be happy. And to get happiness in your heart and mind you don't need to use things that smell like wealth or position. But with simple things, sometimes the heart and mind can be happy. Therefore, in my opinion, happiness of heart and mind is the most important definition of wealth and includes all (complex) wealth.

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October 25, 2023, 03:49:14 PM
 #88

Being rich means wealth in terms of having a lot of money and assets. Being able to earn six figures or above in a year, owning multiple businesses, owning cars, and having a big house where you can live comfortably. It also means providing yourself with everything you want, like you can buy everything around you. Every material possession you think brings you happiness.

Always remember, the meaning of being rich depends on the status of a person or how they see life. It may be about having a lot of money, or about having connections with people around you and experiencing the joy, happiness, and fulfillment of your life.
That's not rich, that's already an excess and luxurious albeit that's debatable. I don't know about you but material possession bringing you happiness is probably the saddest there is because what's that gonna fulfill? Pretty sure that you're going to be ending up wanting more material things. I agree with the last part though, we almost have the same definition in regards to that which is nice.

For me though, the definition of rich is being able to afford something without looking at it's price tag and having the ability to do your passion or the things that you want to love without the worry of where to get your next food or how you're going to pay the bill.



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October 25, 2023, 04:35:50 PM
 #89

I guess nothing, no expense ever, no problems, no troubles would ever be out of your affordable range. That should be more than enough, from sickness to breaking of stuff, from houses to cars, like not being out of your range is such a big deal and should be important.

Obviously even if you are a rich person, if you end up spending carelessly then most likely that you will be bankrupting, I keep saying that even Elon Musk could bankrupt, if he keeps on purchasing stuff like Twitter and keep ruining them, he could bankrupt.

So that means we need to be careful with our money even if we are rich, but nothing in the world would be "I can't afford that" anymore and that would be considered rich enough for me without a doubt. I get that rich people may sound different to you, but anything that is even slightly better than me feels like rich to me at all times, no matter how much I earn, 50% more of that feels rich, so just being able to afford is easier answer.

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October 25, 2023, 05:20:56 PM
 #90

It's one of question which differs from person to person. How do you define richness?
From most people I have read, the view of wealth is relative and it is very subjective, talking about wealth then we also talk about value, and everyone judges something differently depending on their mindset, experience, knowledge and desires so that they can conclude themselves that certain objects are wealth.

However, most of us generally see wealth as having a lot of money, being able to do anything, owning many businesses and living in economic prosperity. I agree that it is wealth without denying that people who can choose their own path of life and have a different view of life, and bring themselves closer to philosophy even though they don't have a lot of wealth but in my opinion they are among those who have very valuable wealth in their lives.
A simpler view for me personally is when someone has something rare in him, then I consider that person to be a person who has wealth.

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October 25, 2023, 05:39:06 PM
 #91

To me, being rich means you can afford your dreams. If you have a roof over your head and you can get food on your table three times a day, then to some people you are rich. You are in the 75% of people who can be considered rich. If you have a roof over your head and you can go to places that you want to visit or dreamed of then you could be considered rich amongst the 18% rich people of the world. And if you have all of this and still don't need to work hard then you are amongst the top 1%.

The definition of being rich could differ from people to people. People who are unable to have three meals every day will think those who are getting that are rich. And the person who is able to have three meals a day but have no luxury of traveling to their dreamed places, those who can travel those places are rich to them. So you get my point. Even if you have enough you will always look up to people who have more than you.

As I said, being able to make your dreams come true with money is being rich to me. I want to be able to go to a store and buy something without asking the price. That's the definition of rich for me. But I am not sad that I can't do that right now. I am happy with what I can afford right now. I think that is the important thing.
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October 25, 2023, 07:03:45 PM
 #92

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

It's not necessary you must have a big desire e.g. buy super car, have a big house etc because that's really hard to achieve and not everyone can have that.
In my opinion, you are not rich if you can't buy most of the things that you want, though it doesn't mean that those things should be supercars and private plans and stuff because those things are only for millionaires and billionaires, you should at least be able to have a very good house, a very good car, and almost every single thing that you want and need in your life. You are not rich if you can just have a party and enjoy yourself after fulfilling the daily needs of your life, even a middle-class person can save enough money to be able to enjoy their life in some way.

It's obviously not easy to get rich, that is the reason why everyone is always chasing it but only a few can actually succeed in getting rich because it takes a lot of hard work and dedication and financial management skills because these things are essential for someone to gain and then maintain wealth.

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October 25, 2023, 08:52:27 PM
 #93

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

It's not necessary you must have a big desire e.g. buy super car, have a big house etc because that's really hard to achieve and not everyone can have that.
This is why I am of the opinion that richness is subjective. An individual who comes from a close-knit family where there is no sickness, where they have a farm land that sustains them they may consider themselves to be rich. For these folks, richness is about family, health,and sustenance. However, for someone who lives in the Western world richness maybe the supercars, having multiple citizenship, a house in Hollywood and so on. My perspective on being rich is family, health, and career. Once these are achieved to about 60% I can say that I am rich.

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October 25, 2023, 09:27:52 PM
 #94

Back when I was still a stupid little jit I thought being rich only meant having lots of money a la scrooge, but as I got older, earned my own dime, lost jobs, earned less than minimum wage, and became a full-fledged freelancer with a sizable holding in the crypto world, I started to realize that there's levels to being rich and it doesn't just involve having "a lot of money" per se. For one, people may have a lot of money to burn, but have no savings at the same time, those I can't consider rich. To me, for you to be inherently rich, you have to have, multiple facets of savings, income streams that branch out so you don't have to worry about losing one job, as well as having assets and properties that work for you. Once you get all of this, you're comfortably rich to me.
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October 25, 2023, 09:51:55 PM
 #95

For me richness is the state where person is abundant of everything.  Both physical and mental are in good health, there is no problem with finances and it can be able to sustain several generations that follows even without working.  There is a bountiful love from our love ones and relatives, and friends.  For me being rich is having all our basic needs and wants to be able to meet and do not have any problem of lacking with them in the future.
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October 25, 2023, 09:59:25 PM
Last edit: October 25, 2023, 10:10:37 PM by Lanatsa
 #96

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

It's not necessary you must have a big desire e.g. buy super car, have a big house etc because that's really hard to achieve and not everyone can have that.
In my opinion, you are not rich if you can't buy most of the things that you want, though it doesn't mean that those things should be supercars and private plans and stuff because those things are only for millionaires and billionaires, you should at least be able to have a very good house, a very good car, and almost every single thing that you want and need in your life. You are not rich if you can just have a party and enjoy yourself after fulfilling the daily needs of your life, even a middle-class person can save enough money to be able to enjoy their life in some way.

It's obviously not easy to get rich, that is the reason why everyone is always chasing it but only a few can actually succeed in getting rich because it takes a lot of hard work and dedication and financial management skills because these things are essential for someone to gain and then maintain wealth.
When we do speak rich literally then it would be pertaining to;

1. Supercars
2. Mansion
3. Travel around the world
4. Tons of assets/real estate
5. VIP benefits
6. Unlimited purchases

or simply extravagant way of living which we know that only a few people of this world would really be having this kind of situation
and thats the reality. Hapiness in other people would really be that pertaining into those non-tangible or something that cant be touched which
it is true that they do really have value but whether we do like it or not, people would really be that focusing on having more money.

For me richness is the state where person is abundant of everything.  Both physical and mental are in good health, there is no problem with finances and it can be able to sustain several generations that follows even without working.  There is a bountiful love from our love ones and relatives, and friends.  For me being rich is having all our basic needs and wants to be able to meet and do not have any problem of lacking with them in the future.
This is where we all that aiming on which having that richness that even if we dont work we could really be able to survive without any problems since we could really be able to sustain
which we can really tell in short that having that financial capacity which it could really be inherited on future generations and this is something that we are really that
aiming for and this is why we do really do our very best on attaining such condition or situation no matter what.

R


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October 25, 2023, 10:03:01 PM
 #97

It's one of question which differs from person to person. How do you define richness?
Honestly, everyone has some arguments about what rich is because everyone has their own conditions and perspectives to say their version of rich.
But in this case I am quite confused about describing my version of rich because in the end this is only oriented towards money and the amount that is owned but on the other hand I also think of something simpler because when saying rich is only oriented towards money it will make me more ambitious in pursuing money so for my version rich is actually about how we are comfortable with what we do in life such as we can buy the things we need and we want without looking at the price first or maybe we already have economic stability and are not too dependent on other people or loans to support life, that I think is enough to be categorized as someone who is rich especially maybe for myself like that.

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October 25, 2023, 11:28:03 PM
 #98

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

It's not necessary you must have a big desire e.g. buy super car, have a big house etc because that's really hard to achieve and not everyone can have that.
Sure, you have a very simple and optimistic outlook on life. People who are like you enjoy a quiet life. My congratulations Smiley
Every human being has aspirations towards improving his life conditions for the better. Unfortunately, these aspirations were translated into the form of increased consumption rates. This consumerism of society changed people's culture and affected their definition of the concept of self-happiness. This is the logical explanation why the concept of happiness for some is linked to owning many valuable things.
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October 25, 2023, 11:28:16 PM
 #99

It's one of question which differs from person to person. How do you define richness?
For me Rich means you don't need to worry about any expenses and you could buy the things you like while not caring about the price.
You have money for emergency expenses and it wouldn't affect your other budget, you don't need to save because you have enough and earning more than your expenses.



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October 25, 2023, 11:47:23 PM
 #100

It's one of question which differs from person to person. How do you define richness?
For me Rich means you don't need to worry about any expenses and you could buy the things you like while not caring about the price.
You have money for emergency expenses and it wouldn't affect your other budget, you don't need to save because you have enough and earning more than your expenses.
thats basically having high income but thats true, if the income so massive it allows us to buy something we want even luxurious stuff meanwhile that doesn't really affect the wellbeing of our own financial circumstance, that means we already well off, but does that also means rich? not necessarily, I would consider rich is having no debt while having so much money in our banks.
of course we all know that being rich is alternative to someone's preference, after all there is no silver lining as to what rich is.
but i would say, pretty much for everyone, getting above the middle class income standard around the world is already rich enough.

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October 25, 2023, 11:58:34 PM
 #101

A person able to meet his basic needs of food, shelter and clothing is considered rich. This is upon my understanding, because for what purpose we run here and there and earn. The prime thing is to fill our stomach with healthy diet and live long. Next thing is to show ourselves good with our appearance and for that we're in need of clothes. To have our life secure unlike the change of weather condition we need to have a roof over our head and that is fulfilled by a house. Beyond that whatever we make could give us the additional comfort and the better convenience. Beyond all this, being kind to the human beings next to you makes you rich, because nowadays people have fallen much to money and they don't consider the poor ones and people think of having good relationship with the people who have good sum of money.
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October 26, 2023, 12:28:49 AM
Last edit: November 03, 2023, 01:02:39 AM by Bloodseekers
Merited by fillippone (1)
 #102

For me Rich means you don't need to worry about any expenses and you could buy the things you like while not caring about the price.
You have money for emergency expenses and it wouldn't affect your other budget, you don't need to save because you have enough and earning more than your expenses.
thats basically having high income but thats true, if the income so massive it allows us to buy something we want even luxurious stuff meanwhile that doesn't really affect the wellbeing of our own financial circumstance, that means we already well off, but does that also means rich? not necessarily, I would consider rich is having no debt while having so much money in our banks.
of course we all know that being rich is alternative to someone's preference, after all there is no silver lining as to what rich is.
but i would say, pretty much for everyone, getting above the middle class income standard around the world is already rich enough.
Having enough income to be able to fulfill everything we want will indeed make the life we live easier because we don't need to think that if we want something then we can get it, but there are also some people who don't have many desires and their lives are still happy. People who have a lot of wealth do not necessarily have a happy life like people who have little wealth because they have to think about how to protect the wealth they have so that no one takes it from them.
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October 26, 2023, 03:55:17 AM
 #103

It's one of question which differs from person to person. How do you define richness?
This kind of question is very subjective and there will be a variety of answers that will arise every time people give individual statements. Wealth cannot be separated from the number of assets, money, buildings, having a big business and our influence everywhere so that we can be defined as rich people. This definition will become more different when people consider that true wealth is not about how much we have, but rather how comfortable we are in living quietly and not having debts with other people.

From a definition or economic point of view, wealth means the total accumulated assets that we have, the more we have, the richer the person will be. But if our lives are fulfilled and we are able to buy something we want, that is also wealth which is defined according to each of us because words are subjective and relative in interpreting different types of wealth.

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October 26, 2023, 05:00:25 AM
Merited by Spaceman1000$ (2)
 #104

In my opinion, you are not rich if you can't buy most of the things that you want, though it doesn't mean that those things should be supercars and private plans and stuff because those things are only for millionaires and billionaires, you should at least be able to have a very good house, a very good car, and almost every single thing that you want and need in your life. You are not rich if you can just have a party and enjoy yourself after fulfilling the daily needs of your life, even a middle-class person can save enough money to be able to enjoy their life in some way.

It's obviously not easy to get rich, that is the reason why everyone is always chasing it but only a few can actually succeed in getting rich because it takes a lot of hard work and dedication and financial management skills because these things are essential for someone to gain and then maintain wealth.

  It is not debatable that being rich boost one’s confidence and it’s give you this extra charisma and courage to be  in any gathering. That feeling of satisfaction when you know that  you’re capable and can  afford anything you mind please without stress is undisputed. When you can afford times 2 of something and when I say something I mean something of value, something befitting for a rich person to own without panicking about the price then you have reach that level of financial freedom. A person is not rich if he doesn’t have properties or a fix asset that can back him up in his financial career. The asset can be his businesses and investments, money without proper management can be misuse and having a lot of it doesn’t guarantee you rich cause, the money can be gone with a speed of light.
  Being rich is more about having just money, to me the assets and properties says it all and how well you can handle this stardom. It’s not an easy ride to climb to the top if you’re not from a family with a silver spoon, there are several setbacks on the way and once you eventually get there it’s not advisable for stay too comfortable. Cause big money comes with big problems, you gotta stay prepared and ready to face anything.
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October 26, 2023, 08:26:29 AM
 #105

Rich means a worry-free life. It's more than financial abundance or having many assets. People often associate this worry-free state with the term "financial freedom," which, in my opinion, is inaccurate. The key here is living your life to the fullest, doing anything you love and with people you care about.
You are right, as I have already seen or heard many rich people who are still problematic. Obviously that isn't about the money anymore but it can be about personal matter, relationships, etc... . Maybe the saying is really true that you can't have anything in life. Poor people don't have boat loads of money but they are the ones who are mostly happy in a much genuine way.

And if we noticed, if we ask them if what are their wishes, they will usually say money (lots of it), so that that they can now do what they can't do or now have what they can't have with of course together with their loved ones because the feeling is going to be much better if we share it to them.

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October 26, 2023, 08:36:53 AM
 #106

It's one of question which differs from person to person. How do you define richness?
...
...
Having enough income to be able to fulfill everything we want will indeed make the life we live easier because we don't need to think that if we want something then we can get it, but there are also some people who don't have many desires and their lives are still happy. People who have a lot of wealth do not necessarily have a happy life like people who have little wealth because they have to think about how to protect the wealth they have so that no one takes it from them.

I once asked someone who was quite old, why he didn't want to accumulate a lot of wealth even though the food business he was running was selling well and was of interest to many people, he said he was afraid that what he had collected so far would fall into the hands of other people, actually he was afraid like that, it's very normal, especially if we have children and then our children marry someone who is a jerk, then the wealth we have accumulated so far will be enjoyed by someone who is a jerk. since then I started to respect the thoughts of people who live simply, I know they have big reasons for living like that, a lot of money is not true wealth according to them.




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October 26, 2023, 08:58:11 AM
 #107

A story that has actually changed the way of what i thought rich means and might help especially young people in this forum https://ninamorai.wordpress.com/2014/01/10/the-circle-of-99-by-jorge-bucay/ . I'd suggest to buy or at least read the book "Let Me Tell You a Story: Tales Along the Road to Happiness" from the author  , it contains great wisdom .      

"CIRCLE OF 99 JORGE BUCAY

Once upon a time, there was a big king, powerful and immensely rich but also very unhappy. This sad king had a very happy servant. The servant was bubbly, smiley and he was always singing happily. The king became impatient with his happiness and asked him: – Why are you always so happy?
– Well, you treat me right, I make ends meet enough to feed my family & myself, even a little bit more, I have a beautiful wife & healthy kids. Why shouldn’t I be happy? I’m just happy.
Of course the king was not satisfied with his answer and called the wise man from his Kingdom to help him solve the mystery.
The wise consultant said – It’s because he is outside the circle of 99 while you’re inside.
-What are you talking about? What is the circle of 99? – The puzzled king asked
– Are you willing to lose some golden coins to find out? – The wise man suggested to which the king answered positively
– Prepare for tomorrow a sac with 99 golden coins and at night we will go to the servant’s house – Said the wise man
When it was night, the wise man and the king went secretly to the servant’s house, knocking on the door they left the sac with the coins and a note that said: “This money is yours. It’s your prize for being such a good man. Enjoy!”
When the servant found the sac, he couldn’t believe his eyes. He was over the moon. He was laughing and singing and thanking God for his good fortune. He then started counting the money by making piles of 10 coins till he realized a pile had only 9 coins. There were 99 golden coins. “There is one missing, there should be 100”- he thought. He searched all around the house for hours, couldn’t find anything. He was sure that someone took his one coin and he started swearing and cursing. He began to think how he could gain one golden coin. He thought “with 100 coins I can say that I’m rich, I will not have to work, I will be important and respected in the kingdom”. He did some calculations and realized that he needed 10 years in order to earn one more golden coin, “10 years, that’s too much” – he thought – Perhaps my wife can help me by selling in the market on weekends, even depriving from certain things, perhaps in 4 or 5 years I will make it. He got a second job, he was eating only a piece of bread every day and he stopped burning wood to keep warm so he was sleeping in a cold room every night with hardly anything to wear and starving.

In few days, the tired and haggard servant serving the King when the latter asked– What’s wrong servant? Why are you not smiling and singing like before?

– Sir, I do my duty as I should. You pay me to do my job, I don’t need to give you explanations for my behavior or frame of mind – The upset servant replied.

The king laid off the servant for being insolent and understood perfectly this was how he entered the circle of 99. He stopped being happy.

99 coins are the 100% of our treasure. Nothing is missing, no one stole anything, 100 is not as round as 99 is. It’s just a trap, a carrot they swing in front of us, to make us stupid enough to keep moving tired, unhappy and compromised. A trap so that we never stop to push so that everything remains the same. Things can change only if we become able to enjoy our treasures as they are."

"It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong." Thomas Sowell
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October 26, 2023, 10:34:14 AM
 #108

Rich means a worry-free life. It's more than financial abundance or having many assets. People often associate this worry-free state with the term "financial freedom," which, in my opinion, is inaccurate. The key here is living your life to the fullest, doing anything you love and with people you care about.
You are right, as I have already seen or heard many rich people who are still problematic. Obviously that isn't about the money anymore but it can be about personal matter, relationships, etc... . Maybe the saying is really true that you can't have anything in life. Poor people don't have boat loads of money but they are the ones who are mostly happy in a much genuine way.

And if we noticed, if we ask them if what are their wishes, they will usually say money (lots of it), so that that they can now do what they can't do or now have what they can't have with of course together with their loved ones because the feeling is going to be much better if we share it to them.

Yes, sometimes rich people or people who have a lot of wealth have different family problems, for example, like people who are rich in terms of wealth but they have poor family ties, maybe they are sibuk because of their respective careers, so there is a lack of time for togetherness. In contrast, a family with a modest budget can always gather to chat and joke. Indeed, in my opinion, there are also things that get in the way when you are rich, whether it's in terms of anything but there must be. I only know a few families who are rich and have good relationships within the family.

I think being rich is what everyone wants. But the problem is on our own, when we are rich can we maintain family relationships to remain good and harmonious, because if we are rich there are things that deny and can reduce time together with family. It seems to be true that it is better to live well and have a harmonious family so that a happy family relationship always exists than to be rich with excessive wealth but lack of time together for the family.

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October 26, 2023, 12:40:55 PM
 #109

Richness for me is when you don't look at the pricetag anymore, you just buy whatever you want without asking the price. It is when you buy anything at any price and yet you still have a lot of money left, like you don't know where to spend it.

Richness is about having financial freedom, where you didn't trampled anyone's lives just to get where you are. It is about the kindness, and respect you have that's why your businesses became success all of the time, and yet you remain humble and helped those people who needs your help.
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October 26, 2023, 01:04:50 PM
 #110

✂️ because nowadays people have fallen much to money and they don't consider the poor ones and people think of having good relationship with the people who have good sum of money.
This may sound harsh but it is inevitable. Rich people will not want to make friends or maintain relationships with poor people because they think that making friends with poor people will reduce their wealth. In my country, poor people often have the habit of accepting their fate, often drinking after every hour of work, preferring to have fun rather than work...So continuing that relationship will only make you more like them, which will cause your wealth to decrease because your productivity will also decrease. Therefore, it is difficult to blame some people who become rich but forget about friends and relatives and choose other relationships of the same class. Because they want to achieve more success and they know that if one day they encounter difficulties, no one will help them. Meanwhile, if the poor don't want to be looked down upon, I think they should make more efforts instead of complaining about their fate and accept it.

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October 26, 2023, 02:11:06 PM
 #111

For me being rich is the state of having more money than what you and your family needed. In short, financial freedom is what we need to become rich. The question is how are we going to achieve our goal to become rich? We all know that there is no shortcut just to become rich. Our mindset I think is what makes us what we become.



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October 26, 2023, 05:01:19 PM
 #112

Rich is where you feel enough with your daily needs e.g. foods, place to live, afford to buy clothes, have a party etc. Having a party and afford to buy something like clothes are daily needs because you need a self reward and entertainment to enjoy the life.

Perhaps it would be better to take out partying and maybe put in some savings and investments. That is, if the person wants to remain rich. With inflation telling heavily on our finances, your savings alone no matter how substantial it may seem now may not be enough to cover daily expenses in the long run as well as emergencies that may suddenly arise.
Having a party can hardly be considered a daily need and there are more pocket friendly ways if I wanted to reward myself.
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October 26, 2023, 06:27:10 PM
 #113

If I can provide my basic and secondary needs, attend to my family needs, reach out to the needy and and those around me, then I am rich. I do not need to acquire numbers of cars, houses and other materials things of value (which isn't bad though) before I see myself as a rich person.  Yea  i should be able to solve my financial problems with ease.  All I need is comfort and stability then I am good to go.

All this boils down to one's mindset.  I have seen quite a good number of people who in my opinion are rich, yet they do not see themselves as rich people, probably because they have not reached the level they are aspiring to be or not gotten what they are aiming for. That's their mindset and they won't rest till they get to that point.

Others too might actually be pursuing self actualization. Having a purpose in life is everything for them. Living the life they've always dreamt of is a win for them. Being rich can be in form of different things.  It just depends on what you want.

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October 26, 2023, 06:49:13 PM
 #114

A person able to meet his basic needs of food, shelter and clothing is considered rich. This is upon my understanding, because for what purpose we run here and there and earn. The prime thing is to fill our stomach with healthy diet and live long. Next thing is to show ourselves good with our appearance and for that we're in need of clothes. To have our life secure unlike the change of weather condition we need to have a roof over our head and that is fulfilled by a house. Beyond that whatever we make could give us the additional comfort and the better convenience. Beyond all this, being kind to the human beings next to you makes you rich, because nowadays people have fallen much to money and they don't consider the poor ones and people think of having good relationship with the people who have good sum of money.
Being rich is something of the mind, we don't have to acquire the latest expensive cars, planes or houses before we see ourselves as a rich individual. Riches comes from the mind and we have to display it by the way we talk and relate to things. When we have a mindset that contain information that vaould make us rich in weeks or days, that one is purely wgat bring out the outer riches in us.

Like we all know that information is power and couples with knowledge, we can do extra ordinary things that will create wealth for us. This is only of the reasons why I can be angry at people that have great skills but not ready to develop it. Creativity and information had brought riches to many people especially when we take a look at the billionaires and millionaires that we have today.

Their thinking faculties had pathed way for them to be on top of the world. We need to develop ourselves through acquiring skills that will take us to where we want to be tomorrow noy just putting our funds in buying liabilities that could perish anytime if we are not careful enough handling them. Some persons have great and creative mindsets but they are still in the level they are because they are not ready to develop it. It is high time we have to awake from our slumber to start making fabulous decisions.









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October 26, 2023, 06:49:29 PM
 #115

According to the thoughts of many people richness implies that a person possess money in which he easily fulfil all the needs of his family and still has money to save for further use.Sometimes people don't have enough money but they can easily manage their home activities therefore they can also be termed as rich because poor people are those who even cannot eat meal well.

 If you are rich then you will not think about your expenses and you will not be worried about money so if you are able to spend money without thinking about it then you are rich.People with happy life and good health are also termed as rich so therefore we cannot say that having lots of money can guarantee your pleasure but if you are happy and satisfied with your life then you are rich.


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October 26, 2023, 06:58:39 PM
 #116

If I can provide my basic and secondary needs, attend to my family's needs, and reach out to the needy and those around me, then I am rich. I do not need to acquire the number of cars, houses, and other materials things of value (which isn't bad though) before I see myself as a rich person.  Yeah,h I should be able to solve my financial problems with ease.  All I need is comfort and stability then I am good to go.
Bro, I think the Op is talking about the other people's perspective about richness. He just wants to the sight of other people and how they define richness and this selection is good because every person in the world feels himself a rich person but if he doesn't have enough cars, houses, and a luxurious lifestyle then how he is rich? The richness means according to me that you have a lot of bank balance if you lose some funds you won't be sad. The things you mentioned are like the middle-class people who just fulfill their needs spending time in this universe, gone and that's it. I might be wrong in the above things but every person has their perspective and I do not consider your thought wrong but I think it will best suit the Middle-Class people.
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October 26, 2023, 07:52:53 PM
 #117

The definition of wealth that I want is quite simple.
When I wake up in the morning I am in good health and still have money to support and fulfill all my family's needs now and in the future, and always carry out worship and share. And maybe the definition of wealth that I want is like this.
Physically healthy
Spiritual health
Financial health
Spiritual health
I think that's what everyone needs, to want to live in peace and quiet.

.
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October 26, 2023, 08:12:16 PM
 #118

A person able to meet his basic needs of food, shelter and clothing is considered rich. This is upon my understanding, because for what purpose we run here and there and earn. The prime thing is to fill our stomach with healthy diet and live long. Next thing is to show ourselves good with our appearance and for that we're in need of clothes. To have our life secure unlike the change of weather condition we need to have a roof over our head and that is fulfilled by a house. Beyond that whatever we make could give us the additional comfort and the better convenience. Beyond all this, being kind to the human beings next to you makes you rich, because nowadays people have fallen much to money and they don't consider the poor ones and people think of having good relationship with the people who have good sum of money.
Being able to provide all these needs is not easy especially in times like this when everything is so expensive, so definitely if you can all this can be provided then you should be acknowledged rich, and it the reason we want to earn is for us to be able to afford, we work because we want to eat except for extra things like cloth and luxury and does are all in addition for more comfort if not if the basis is settled the rest is just extra, I noticed something about people who don't have a house all they care about is food and nothing else for the main time, and why the love of money has increased because people care so much for luxury these days and want to be recognized and have the girls because they have Bentley and many more that why people want money by all means.

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October 26, 2023, 08:23:49 PM
 #119

A person able to meet his basic needs of food, shelter and clothing is considered rich. This is upon my understanding, because for what purpose we run here and there and earn. The prime thing is to fill our stomach with healthy diet and live long. Next thing is to show ourselves good with our appearance and for that we're in need of clothes. To have our life secure unlike the change of weather condition we need to have a roof over our head and that is fulfilled by a house. Beyond that whatever we make could give us the additional comfort and the better convenience. Beyond all this, being kind to the human beings next to you makes you rich, because nowadays people have fallen much to money and they don't consider the poor ones and people think of having good relationship with the people who have good sum of money.
This is a normal perspective that everyone must always think about because after all we already consider ourselves as rich people when we have no difficulty in surviving in life which means we can buy anything without having to look at the finances we have and fulfill our primary, secondary and tertiary needs if necessary. But on the other hand, the definition of wealth will also change when we have been able to reach a position where our lives are better because we as humans have ambition and greed so we will definitely feel that we are always lacking and there will be other things we want to aim for in the end.
I am in this position that indeed when I feel that what I am doing right now and feel fulfilled economically but on the other hand there is always hope to reach places that I have not reached before because of the level of ambitiousness and greed that must exist in us as humans.

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October 26, 2023, 11:32:30 PM
 #120

It's one of question which differs from person to person. How do you define richness?

We have rich and wealth, if wealth is having generational money that can take care of you, your children and their childrens to come then been rich would be having money that can take care of you currently. Been rich has stages or I'll say types but rich in a simple terms to me means been debts free. When you don't have debt and can afford a comfortable life above the average life then you're rich to me. As I said earlier we have different types of riches as all fingers can't be equal but generally a rich man isn't in debt, can handle his needs and also take care of things he wants but obviously he won't have to want things above his financial capabilities. I can be rich but can't afford to buy a $1 million dollars car like billionaires do but yet I'm rich and can afford probably a $100k car.

Richness for me is when you don't look at the pricetag anymore, you just buy whatever you want without asking the price. It is when you buy anything at any price and yet you still have a lot of money left, like you don't know where to spend it.

This isn't about been rich because intelligent rich people don't spend carelessly, they'll buy things they want but they'll put into consideration the price. Not looking at the price tag is a mentality for the middle class people that wants to act rich. A rich man would likely look at the price but that won't stop him from buying it because he can afford it. If you have money and you don't respect it (manage it) properly it'll leave you. Money has a spirit and it only goes to those who can utilized it effectively that's why the rich keeps getting richer because they understand money while the poor man reminds poor.

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October 26, 2023, 11:47:53 PM
 #121

The definition of wealth that I want is quite simple.
When I wake up in the morning I am in good health and still have money to support and fulfill all my family's needs now and in the future, and always carry out worship and share. And maybe the definition of wealth that I want is like this.
Physically healthy
Spiritual health
Financial health
Spiritual health
I think that's what everyone needs, to want to live in peace and quiet.
except peace and quite will never last long, i think there's no such thing as peace and quiet if quite literally everything in this world trying to get you out of it, if you're working, you will face many problems, if you just sit even though you're rich the investment you've made or the inflation will try to have their way messing your financial condition.
there's just many thing that could disrupt life, the best course of action I think is just to get stronger and stronger through various means and increasing income is one of them.
therefore even if you face many problems it won't be a big of a deal and it will have no effect to your life completely.
thats the only way to live in peace and quiet.

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October 26, 2023, 11:58:19 PM
 #122

It's one of question which differs from person to person. How do you define richness?
Being rich means you know how to manage your expenses and be able to save from time to time. Being rich does not mean that you can flaunt all the luxuries in life, but being rich for me is to live below your means and have no problems in meeting all your needs and wants. And since you are rich, you know how to use your money wisely and create more assets than liabilities.

However, being rich does not only limit into financial aspects. If you are rich, then you have also a rich mindset that will lead you to the life that you desire and an emotional stability that has capacity to maintain the balance even under some stressful circumstances.

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October 26, 2023, 11:59:42 PM
 #123

The definition of wealth that I want is quite simple.
When I wake up in the morning I am in good health and still have money to support and fulfill all my family's needs now and in the future, and always carry out worship and share. And maybe the definition of wealth that I want is like this.
Physically healthy
Spiritual health
Financial health
Spiritual health
I think that's what everyone needs, to want to live in peace and quiet.

for me, that's all we need to have a peaceful life on this earth. you don't need luxury materials to say you are rich. maybe, when you define richness, in terms of money, that's when you will look at the bank account of that person.
but true wealth for me is just like you enumerated. if you are at peace with yourself and contented with your life, i believe, you are already rich than most. and in time, you will also find the true meaning of life and live with it.

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October 27, 2023, 01:34:54 AM
 #124

This isn't about been rich because intelligent rich people don't spend carelessly, they'll buy things they want but they'll put into consideration the price. Not looking at the price tag is a mentality for the middle class people that wants to act rich. A rich man would likely look at the price but that won't stop him from buying it because he can afford it. If you have money and you don't respect it (manage it) properly it'll leave you. Money has a spirit and it only goes to those who can utilized it effectively that's why the rich keeps getting richer because they understand money while the poor man reminds poor.
I found that this type of person does not come from the rich, but rather people from the middle class and they always want to show off any purchase they consider expensive. Rich people buy expensive items mostly for investment because all of us know that expensive items will have good resale value for investment. Rich people also see opportunities to buy expensive items and they always think about how these items can generate profits in the long term. Expensive goods have high investment value because limited products will usually be more valuable in the future.

Rich people understand better how to treat money and that's why they get richer not the other way around. I agree with your view that money has a spirit (soul) which will ultimately stay with people who are able to look after it and make it more productive because whatever money we have, if it is not used properly, it will one day run out

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October 27, 2023, 01:53:59 AM
 #125

A person's wealth does not only mean being financially independent, but a person's wealth means being able to afford everything he needs for his life very well. If you think about it, you will see that people who have a lot of wealth in the world have a different way of life than others, which serves as an example to other ordinary people.

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October 27, 2023, 02:37:52 AM
 #126

It's one of question which differs from person to person. How do you define richness?
When we say rich it means you have more than enough. Financially stable that one doesn't need to work because money already works for him/her. But the definition of rich for me is not entirely focus on money. For me, being free to any illness, having sufficient finances to provide for our needs and a complete family are my own definition of being rich. So we can say we're rich if we have contentment. It's just depends on how we define this word.

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October 27, 2023, 03:30:51 AM
 #127

It's one of question which differs from person to person. How do you define richness?
Being rich means you know how to manage your expenses and be able to save from time to time. Being rich does not mean that you can flaunt all the luxuries in life, but being rich for me is to live below your means and have no problems in meeting all your needs and wants. And since you are rich, you know how to use your money wisely and create more assets than liabilities.

However, being rich does not only limit into financial aspects. If you are rich, then you have also a rich mindset that will lead you to the life that you desire and an emotional stability that has capacity to maintain the balance even under some stressful circumstances.

Of course, if you are rich, you can do everything you want to do in life; you can live what you want to happen every day that comes to you. And when you say rich, it means having financial freedom. There is no rich person who is not financially free; there is no such thing.

Now, the benefit of being a rich person, apart from having financial freedom, is that you also have the ability to help most people during calamities such as typhoons, earthquakes, and others. And you also have the opportunity to provide opportunities such as providing free medical missions or health care and giving scholarships to other children who are not capable of studying. These are just some of the things I see and know.

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October 27, 2023, 03:35:13 AM
 #128

for me, that's all we need to have a peaceful life on this earth. you don't need luxury materials to say you are rich. maybe, when you define richness, in terms of money, that's when you will look at the bank account of that person.
but true wealth for me is just like you enumerated. if you are at peace with yourself and contented with your life, i believe, you are already rich than most. and in time, you will also find the true meaning of life and live with it.

When you’re considered rich, you’ve got a shit load of money/and assets. It’s that simple. If you pull up to an event with a Rolls-Royce which can be considered to be a prime example of what a luxury good is, you’ll be screaming I’m rich without having to say a word. You won’t see a poor/average income earner thinking about luxury items for obvious reasons. While you actually don’t need luxury items to prove your worth, they’re a good indicator of individuals with deep pockets. .

Peace and contentment are great feelings and traits  to have but contentment and peace with oneself cannot make you richer than most. 
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October 27, 2023, 03:40:08 AM
Last edit: October 27, 2023, 05:08:43 AM by YUriy1991
 #129

for me, that's all we need to have a peaceful life on this earth. you don't need luxury materials to say you are rich. maybe, when you define richness, in terms of money, that's when you will look at the bank account of that person.
but true wealth for me is just like you enumerated. if you are at peace with yourself and contented with your life, i believe, you are already rich than most. and in time, you will also find the true meaning of life and live with it.

When you’re considered rich, you’ve got a shit load of money/and assets. It’s that simple. If you pull up to an event with a Rolls-Royce which can be considered to be a prime example of what a luxury good is, you’ll be screaming I’m rich without having to say a word. You won’t see a poor/average income earner thinking about luxury items for obvious reasons. While you actually don’t need luxury items to prove your worth, they’re a good indicator of individuals with deep pockets. .

Peace and contentment are great feelings and traits  to have but contentment and peace with oneself cannot make you richer than most.  

Yes. Part of Society's View If someone has a lot of assets, BTC, USD, and Gold as well as vehicles, houses, and land are visual symbols in seeing someone's financial capabilities that he is rich. But if there are those who have felt and made this confession, that is more than enough for me, I think that is what is right, but if there are those who are not yet full, it is like drinking sea water. The more we drink, the thirstier we feel...(Just to illustrate).

For me, health is the main thing and gratitude is the most important.

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October 27, 2023, 03:54:41 AM
 #130

Being rich from my point of a view is not just financial. Social Status Knowledge carries social status to each person to reach their status etc. is to be rich You have a lot of wealth if your personality is significance to people and if you are significance to society then you can be financially rich but not socially rich.A wealthy person can be considered to be a person who owns financial assets and is capable of performing social roles etc. Wealth must be achieved mentally because your mindset will set you apart from society and give you separate respect and importance.
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October 27, 2023, 06:15:05 AM
 #131

for me, that's all we need to have a peaceful life on this earth. you don't need luxury materials to say you are rich. maybe, when you define richness, in terms of money, that's when you will look at the bank account of that person.
but true wealth for me is just like you enumerated. if you are at peace with yourself and contented with your life, i believe, you are already rich than most. and in time, you will also find the true meaning of life and live with it.

When you’re considered rich, you’ve got a shit load of money/and assets. It’s that simple. If you pull up to an event with a Rolls-Royce which can be considered to be a prime example of what a luxury good is, you’ll be screaming I’m rich without having to say a word. You won’t see a poor/average income earner thinking about luxury items for obvious reasons. While you actually don’t need luxury items to prove your worth, they’re a good indicator of individuals with deep pockets. .

Peace and contentment are great feelings and traits  to have but contentment and peace with oneself cannot make you richer than most.  

Yes. Part of Society's View If someone has a lot of assets, BTC, USD, and Gold as well as vehicles, houses, and land are visual symbols in seeing someone's financial capabilities that he is rich. But if there are those who have felt and made this confession, that is more than enough for me, I think that is what is right, but if there are those who are not yet full, it is like drinking sea water. The more we drink, the thirstier we feel...(Just to illustrate).

For me, health is the main thing and gratitude is the most important.
While everyone can have a different vision of what it entails to be rich, society at large sells a vision that is very difficult to reach, as a person will need to get a huge amount of assets and spend a massive amount of money to reach that status, and there is nowhere near enough money for most people to reach those levels of wealth, but if someone can reign on their desires then becoming rich is possible, however a more integral approach needs to be taken as it is often the case only wealth is considered when it comes to determine if someone is rich or not, when things like health or love should also be major factors, since it does not matter if you are the wealthiest person alive if you are always sick and you have no one you can call a friend to share a laugh with.
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October 27, 2023, 12:54:32 PM
 #132

It's one of question which differs from person to person. How do you define richness?

Of course, by saving money we will have savings for the future. Living rich in my opinion can manage income and expenses well, so that it can produce a lot of assets in possession. Rich in terms of finance is certainly everyone's dream but it is not easy because there are many processes that must be passed, people who wisely use their money so that their lives can be guaranteed are people who have a good mindset. They can manage good finances by preparing and thinking about the future that must be faced. Because basically only we will determine the future.

In my opinion, if you are rich only about finance, of course life will not be happy, but a wise person can manage his life, of course he has a good mindset. Living with rich financial aspects of course this will make us a person who is seen. But it's not just about that, it's important to save for the future so that our lives are guaranteed in the future, which means we can manage our finances well, so that we will make the life we want for ourselves. So in conclusion, I think being financially rich is the hope of many people.

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October 27, 2023, 01:46:04 PM
 #133

While everyone can have a different vision of what it entails to be rich, society at large sells a vision that is very difficult to reach, as a person will need to get a huge amount of assets and spend a massive amount of money to reach that status, and there is nowhere near enough money for most people to reach those levels of wealth, but if someone can reign on their desires then becoming rich is possible, however a more integral approach needs to be taken as it is often the case only wealth is considered when it comes to determine if someone is rich or not, when things like health or love should also be major factors, since it does not matter if you are the wealthiest person alive if you are always sick and you have no one you can call a friend to share a laugh with.
Different visions and different goals, I think that is fair and the matter of realizing it again for each of us is difficult or easy because in my opinion if we think that being rich is too excessive and unrealistic about the position we will achieve it will certainly be very difficult to achieve. achieve it and vice versa, if we think it is realistic to be rich then it is not impossible that this can be achieved.
But it comes back to each of us if we want a different life as well as the definition of rich.



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October 27, 2023, 02:02:46 PM
Merited by fillippone (1)
 #134

It's one of question which differs from person to person. How do you define richness?
When we say rich it means you have more than enough. Financially stable that one doesn't need to work because money already works for him/her. But the definition of rich for me is not entirely focus on money. For me, being free to any illness, having sufficient finances to provide for our needs and a complete family are my own definition of being rich. So we can say we're rich if we have contentment. It's just depends on how we define this word.
If we can fulfill all the desires we want, other people will say that we are rich because whatever we want can be easily fulfilled without having to think hard about how to get it. If we don't have a disease that is difficult to cure, we can be said to be rich in our physical health but not necessarily in our minds, so if we have good physical and mental health, of course that person will not have any burdens in their life so they can do whatever they want. want without thinking about their health, because for those who have pain in their bodies, of course if they want to do anything they have to think about whether they are still able to do it or not.

I agree with you, if we are satisfied with what we have then that person deserves to be said to be rich because they don't have to force themselves to look rich in the eyes of other people.

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October 27, 2023, 02:44:51 PM
 #135

It's one of question which differs from person to person. How do you define richness?
When we say rich it means you have more than enough. Financially stable that one doesn't need to work because money already works for him/her. But the definition of rich for me is not entirely focus on money. For me, being free to any illness, having sufficient finances to provide for our needs and a complete family are my own definition of being rich. So we can say we're rich if we have contentment. It's just depends on how we define this word.
If we can fulfill all the desires we want, other people will say that we are rich because whatever we want can be easily fulfilled without having to think hard about how to get it. If we don't have a disease that is difficult to cure, we can be said to be rich in our physical health but not necessarily in our minds, so if we have good physical and mental health, of course that person will not have any burdens in their life so they can do whatever they want. want without thinking about their health, because for those who have pain in their bodies, of course if they want to do anything they have to think about whether they are still able to do it or not.

I agree with you, if we are satisfied with what we have then that person deserves to be said to be rich because they don't have to force themselves to look rich in the eyes of other people.

Some people are fulfilling their desires and wants in life, despite not fully having a financial stability to provide all your essential needs. It's maybe for the reason to resist the temptation to buy the wants or to meet up the expectation of the society that you could afford something pricey, which is really dumb cause you could focus on buying things you really need than into luxury, which you can use the money to invest and then later on once you achieved financial stability, then that's the time you have the freedom to buy things you really want, this is for my opinion only.

And I also agree with your statement, rich cannot only be measured by money, but as well for the health of the person and the peace of mind they have. That's prove that they are rich in terms of having a good health, we can observed that it could be attain by all of the people, still it's really hard to achieve so it can be considered as achievement/successful. Comparison could really destroy things that we can consider already

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October 27, 2023, 08:11:10 PM
 #136

It's one of question which differs from person to person. How do you define richness?
Just simple, be able to afford your basic needs, and being in your comfort zone. I will say peace and health can also be counted as riches,  because someone can have all the money in the world but the person has no peace  secondly if money can buy a good health I think wealthy people will never die again, according to a song writer "money does not buy happiness" and am still doubting, in summary if a man can afford his basic needs his said to be rich

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October 27, 2023, 09:18:46 PM
 #137

To me, being rich means achieving stability in your finances, knowledge, and every aspect of your life that needed improvement. While many define wealth as having more than enough money and living a comfortable life, I believe richness goes beyond finances to include moral and emotional well-being. It's about finding a balance in all aspects of life that hold significance.
My questions,
1. How do you define 'stability'?
2. Is it possible to reach the stability in all aspect of our life?

As far as I know, when we are talking about rich, it is related to the money or financial or wealth. Be rich, means we have an established financial condition or we have excess of money. To reach this, we surely need to have good jobs that can guarantee much money to earn weekly or monthly. If we are only an average employee/worker, it seems difficult to get much money.

Regarding the stability on moral/emotional, it is related to how we learn the life values. It is nothing to do with our jobs, it is related to how we learn deeply about our religion and how we learn the ethics in social life.


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October 27, 2023, 09:39:27 PM
 #138

Being rich means living within your means. You do not join the trends of buying flashy cars, top fashion branded clothing, buying houses in some island in the world where you would never live but because your friends are doing it, you join them. Being rich is being able to sleep with two eyes closed every night, walking barefooted so that you can actually feel the grass, helping the poor and uplifting the weak not showing off on social media for the fake likes and love. There are a lot about what being rich means to me. These are just themes of them.

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October 27, 2023, 10:12:02 PM
 #139

Being rich means living within your means. You do not join the trends of buying flashy cars, top fashion branded clothing, buying houses in some island in the world where you would never live but because your friends are doing it, you join them. Being rich is being able to sleep with two eyes closed every night, walking barefooted so that you can actually feel the grass, helping the poor and uplifting the weak not showing off on social media for the fake likes and love. There are a lot about what being rich means to me. These are just themes of them.
Rich for other people is about living with those expensive luxury cars, having all the material things that are giving them the status of life way higher than the others. Well, that's what rich to them but if we're going to be the simple type of living in richness, it is you have everything you need. You don't live on a luxury life but just a simple life without having any pressures at all. You're okay even if you don't have the most expensive house, clothes, you're still happy with the way you live and that's one simple life of what richness to most of us.



 

 

 

 

 

 


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October 27, 2023, 11:43:28 PM
 #140

It's one of question which differs from person to person. How do you define richness?
People ascribed richness to owning materials things, being influential in the society and occupying one government position or the other.
Others see richness as the ability for them to be able to afford whatever they need for sustainability and to live withing their means and also be contented with what they have.
So richness can be viewed from different lens, depending on which side of the divide you choose to go for.

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October 28, 2023, 11:43:16 AM
 #141

Being rich means living within your means. You do not join the trends of buying flashy cars, top fashion branded clothing, buying houses in some island in the world where you would never live but because your friends are doing it, you join them. Being rich is being able to sleep with two eyes closed every night, walking barefooted so that you can actually feel the grass, helping the poor and uplifting the weak not showing off on social media for the fake likes and love. There are a lot about what being rich means to me. These are just themes of them.

Rich people also have different styles, there are other rich people who buy expensive jewelry, luxury cars, and it depends on what they want to buy. It seems that these people I'm talking about expose that they are rich, most of them are people who got rich because of being influencers, who experienced a lot of money income so they always show that they have a lot of money.

But there are other rich people who are not obvious that they are rich, it is simple to dress but the brand of clothing is also very expensive, but you will not see them openly wearing expensive jewelry and luxury cars, these are the tycoons businessman, like the owner of San Miguel beer, Gokungwei, Lucio tan, and Mark Z. that they are far different from the influencers who got rich from vlogging, compared to the tycoon businessmen I mentioned.



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October 28, 2023, 11:50:33 AM
 #142

In my own world, been wealth means having more than you need, living in a paradise and capable of feeding millions of people, you don't have to, just saying, wealth is different from rich.

Been rich is living a comfortable life, but can't afford everything still, you know, you still have some boundaries on what you can afford, but honestly, everyone have their own definition of been rich and been wealthy.

To me it's not only about having all the resources and assets, but been healthy plays the biggest role in this, you can't enjoy your wealthy life if you aren't healthy, that's why my parents always say that health is the real wealth, while j am climbing my steps up to a higher level I don't joke with my health, I always engage in intense exercise every two days and I take good stuffs for my body, many people ignore their bodies but there is more to the body been given to you, take care of yourselves.

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October 28, 2023, 11:53:06 AM
 #143

As they say, money doesn't buy happiness, but the key is not to lack it when you need it.

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October 28, 2023, 12:03:24 PM
 #144

Big houses, there are more than 1 car and they are earning huge money that even their huge spending they still have extra money. Thats my perspective of rich people having all the assets that an average person finds hard to obtain, and mostly their salary or let's say their income is 10x the average person's salary. I do live in a 3rd world country, and this is what I noticed in my neighbors so it is very easy to distinguish those kinds of people from middle-class or poor people by taking a look on their houses and what car they are driving.
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October 28, 2023, 01:53:32 PM
 #145

It's one of questions which differs from person to person. How do you define richness?
Once I'm financially stable, in the sense that I can take care of my daily needs, cater to my family needs and loved ones and build a dream house, buy a dream car, marry a dream wife, and have an investment portfolio like investing in the real estate which has been my childhood dream business, own some companies and lastly, invest in Gold and Bitcoin then I will tend to comfortably say that I'm rich.

R


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October 28, 2023, 04:35:04 PM
 #146

It's one of question which differs from person to person. How do you define richness?

Apparently, we consider rich people who have more things than the necessities of life. Big cars, big palaces, big business and land are the signs of rich people. Every desire and every facility in the world is at their doorstep. They never have to worry about money. In case of illness, they can get treatment in any expensive hospital in any country of the world.

Their income is more than their expenses. This is everyone's perception of rich people, but in my opinion, rich is the one who is easily satisfied with the necessities of life and is completely healthy. If you have peace in your life, you are rich. There is no limit to wealth, but the more it is, the more the lust of man increases. In my opinion, if you have no disease, you are physically fit, then you are the richest man in the world.


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October 28, 2023, 06:51:26 PM
 #147

As they say, money doesn't buy happiness, but the key is not to lack it when you need it.
And when everyone should not lack money when they need it to make themselves happy and become rich in life. Everyone must continue to work by implementing tips that are useful for themselves so that they can continue to become rich without feeling like they are lacking anything. But what I'm surprised about is that people around me only judge rich people by their luxurious clothes, lots of money and also by how much wealth they have in material form.

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October 28, 2023, 06:56:22 PM
 #148

It's one of question which differs from person to person. How do you define richness?
Defining wealth is always different from person to person, and this is my version of it.

- Meeting all the needs of the household
- Have savings and emergency and other insurance for the family
- Having a big business/enterprise as the main income
- Have some diversified investments (BTC/gold/property and other assets).
- House + Car is a necessity for our daily life
- Have prosperity for family and loved ones including relatives.

If I have fulfilled the above then I will be called rich, if other people have different views then I will not ignore it. Grin

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October 28, 2023, 11:50:22 PM
 #149

It's one of question which differs from person to person. How do you define richness?
People ascribed richness to owning materials things, being influential in the society and occupying one government position or the other.
Others see richness as the ability for them to be able to afford whatever they need for sustainability and to live withing their means and also be contented with what they have.
So richness can be viewed from different lens, depending on which side of the divide you choose to go for.
being rich is indeed based on the posession of materialistic, after all I presume it words that illustrate material, the fact that we owns much money means we are rich that alone already elaborate the meaning of the words but of course, there are other ways to be rich like having good spiritual mindset, where we always seek peace is a richness on its own but really from the standpoint of many people out there rich means you posses much money.
I personally would consider being rich as posessing many materialistic stuff as well, since its easiest to determine, doesn't mean other people can't have different opinion, it relative to each individual. but i will follow the general meaning of it around general public.
therefore having good income and without debt come first, then peace can take place after that, because after all, thats definitely the exact reason money is required primarily, to find peace.

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October 29, 2023, 01:14:18 AM
 #150

For some reason, the human brain is indoctrinated when they hear about wealth. Most people's heads come to mind as having abundant wealth, luxurious items and being free from financial problems. In fact, if you narrow it down further, the meaning of wealth will produce many definitions within it. Happiness in the household and health are also wealth that cannot be valued with money.
People who have a lot of money can buy whatever they need, but happiness and health cannot be bought with money. For me, living happily and being blessed with health is a wealth that cannot be valued.

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October 29, 2023, 06:00:15 AM
 #151

For some reason, the human brain is indoctrinated when they hear about wealth. Most people's heads come to mind as having abundant wealth, luxurious items and being free from financial problems. In fact, if you narrow it down further, the meaning of wealth will produce many definitions within it. Happiness in the household and health are also wealth that cannot be valued with money.
People who have a lot of money can buy whatever they need, but happiness and health cannot be bought with money. For me, living happily and being blessed with health is a wealth that cannot be valued.

Because the views of the rich people are various. But in my opinion most people see richness in terms of finances and lifestyle. why is that, because people who have houses, vehicles, gadgets or possessions are what they consider rich. I also recognize that people who have everything I said are rich, but in my opinion not a few people who have abundant wealth are unhappy, you could say unlucky in family relationships. Maybe with their financial wealth they can buy anything, but not with family, time, health.

Being financially rich does not necessarily make us happy, there must be things that we want to buy to fulfill the current luxurious lifestyle. you are right that health is more expensive. financial wealth is only about numbers and nominal. So it is better to live well with good relationships with family, than to live with abundant wealth but not mentally happy.

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October 29, 2023, 06:31:42 AM
 #152

It's one of question which differs from person to person. How do you define richness?

To me being rich means having a well paid job, driving a high end car, going 2-3 times per year on a fancy vacation and owning my own apartment or house. All of these things could even be achieved with a small bank account if we have a high regular income from our job and there is no risk of losing it. Alternatively the same could be achieved with a big bank account that pays high returns each month. Money shouldn't be the only factor to determine if someone is rich, because sudden price changes in assets or high inflation can let a small fortune disappear quickly. That's why diversifying wealth as broadly as possible and buying things like a vintage car, jewelry or even antique furniture can make a person such without having a lot of money in the bank. Also with the high real estate prices these days having half a million USD in the bank without any other assets is not enough to be rich. The money wouldn't be sufficient to be a nice apartment in most of the big cities. A well paying job that is going to earn more than that in the next several years should be a better choice.
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October 29, 2023, 09:04:09 AM
 #153

It's one of question which differs from person to person. How do you define richness?

Being rich is having everything money can’t buy and not staying hungry. When you have money, it doesn’t necessarily means you are rich, there are many things money can’t buy and you have to be cautious of those things that money can’t buy because if you lose them, you’ll end up feeling poor with all the riches you have.

Those that have high aspirations for wealth without having another rethink of it will always have a soar way of achieving it. A lot of people in search of wealth ending up losing the real wealth that is not valuable and not worthy of being lost. Being contended is the best while striving to achieve more in the best and most effective way.

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October 29, 2023, 11:11:00 AM
 #154

It's one of question which differs from person to person. How do you define richness?  
For me interpreting wealth may be different from many people, because the life I live with joy, having no debt and no bills is one form of wealth that I dream of. Wealth is not limited to property in the form of money and so on because if you calculate wealth based on these things then there are many other people who have more than these things. One person's wealth is very different from another because at this stage we never know how much wealth another person has if we want to compare it.

Achieving the stability of a good life is wealth and meeting all household needs is also wealth and not living in hardship due to having debts and bills is the life that most people dream of. Wealth is an uncertain number and there will always be comparisons between one person and another. We only hope for a quiet life and that is enough when we are able to provide responsibility to our family, for this power we understand the true meaning of wealth.

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October 29, 2023, 02:34:15 PM
 #155

Being rich is having everything money can’t buy and not staying hungry. When you have money, it doesn’t necessarily means you are rich, there are many things money can’t buy and you have to be cautious of those things that money can’t buy because if you lose them, you’ll end up feeling poor with all the riches you have.
The meaning of everything is that it is complete with no shortcomings whatsoever, including things that money cannot buy. Because I also quite agree with your statement where there are things that money cannot buy, such as emotional bonds and also the bonds of friendship between a person and another person. So this cannot be sought by relying on money because basically it cannot be bought using money, but we also must not ignore money because money is something that has become important in measuring wealth for everyone.

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Those that have high aspirations for wealth without having another rethink of it will always have a soar way of achieving it. A lot of people in search of wealth ending up losing the real wealth that is not valuable and not worthy of being lost. Being contended is the best while striving to achieve more in the best and most effective way.
Being able to compete more effectively and better is also a gift that can be included in wealth. Because most poor people are not able to compete in anything, so we can see that competition in any case occurs among rich people who already have abilities in their lives. So measuring wealth is actually quite a complex thing because it must cover all aspects of life (including aspects of the level of happiness) that exist in ourselves or in someone.

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October 29, 2023, 02:53:43 PM
Merited by fillippone (1), Fara Chan (1)
 #156

For me interpreting wealth may be different from many people, because the life I live with joy, having no debt and no bills is one form of wealth that I dream of. Wealth is not limited to property in the form of money and so on because if you calculate wealth based on these things then there are many other people who have more than these things. One person's wealth is very different from another because at this stage we never know how much wealth another person has if we want to compare it.
Everyone certainly has a different view in interpreting wealth, some think it doesn't have a lot of problems in terms of finances and there are also those who say that by not having debt or monthly bills, if we calculate wealth by the amount of money, of course the wealth we want will never end until any time.
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Achieving the stability of a good life is wealth and meeting all household needs is also wealth and not living in hardship due to having debts and bills is the life that most people dream of. Wealth is an uncertain number and there will always be comparisons between one person and another. We only hope for a quiet life and that is enough when we are able to provide responsibility to our family, for this power we understand the true meaning of wealth.
Being able to fulfill all the needs we need will certainly make life feel happier because we never experience difficulties in being able to fulfill what we need. I agree with you, if wealth is just a number, no one is ever satisfied with what they have, but it is not certain that they can get happiness from what they have. Having a happy life and being able to fulfill all forms of family needs means we will feel very happy because many people already have a lot of wealth and they don't have a happy life and they have to look for it from temporary things but it won't last long.
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October 29, 2023, 03:27:08 PM
 #157

The rich in this world are those who have more money than they need. But I think if you spend money according to your needs but still have enough money then I think you are rich. I also consider rich people who have nice houses, nice cars, have enough property of their own and who have high respect in the society. But it is completely external. Psychologically speaking, it is a relative matter. Many can be rich despite not having wealth. Like if you can be satisfied with your life then I think you are rich. Because what others say won't affect you much. But on the whole it can be said that the rich are those who have enough money and are physically and mentally healthy and able to enjoy it.
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October 30, 2023, 02:44:12 PM
 #158

It's hard to define wealth, maybe in general wealth is when someone has millions of dollars because with that money you can buy whatever you want.

There are always those who say that money is not important as long as it is enough for your needs, as long as you have prosperity, different happiness, maybe they have a normal and healthy body can be said to be rich.

By definition rich is = money.
I know this is what he means because someone works hard just for money, without money they will not be prosperous and happy, but don't be too complacent with money you can fall into bad things if you don't use money properly.

R


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October 30, 2023, 02:52:39 PM
 #159

Most of the people have the same comment about what is rich but I want to know what do you mean by rich. In the society in which I live, by rich people we mean those who are very rich economically. In our society, people are segregated on economic grounds. Economic status of people will be considered by money be it in my society or your society. The more money you have, the stronger you are financially. Just as a person without money cannot think of himself as very rich, so a rich person cannot live like a person without money even if he wants to. According to my society rules your position will be determined based on how much bank balance you have, or how much business you have, or what source of income you have.
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October 30, 2023, 09:04:24 PM
 #160

Simple question but comes with different definitions. On my end, being rich is having no worries of anything concerning money; buying new things, studying to an exclusive school or university, spending without checking the item’s price. These are the general definitions to many people concerning being rich. But in some instances all of these won’t be met; a person may still be called as rich if he still checks the price of what she/he is buying butis able to buy oneself a new gadget for example.
Most of the people have the same comment about what is rich but I want to know what do you mean by rich. In the society in which I live, by rich people we mean those who are very rich economically. In our society, people are segregated on economic grounds. Economic status of people will be considered by money be it in my society or your society. The more money you have, the stronger you are financially. Just as a person without money cannot think of himself as very rich, so a rich person cannot live like a person without money even if he wants to. According to my society rules your position will be determined based on how much bank balance you have, or how much business you have, or what source of income you have.
It is easy to save and anyone can do that. On my end, I percieve a person rich based on the amount which is constantly enetering his bank and not the amount of savings alone. Reason? A person with large savings will have the same thing on a daily basis ‘coz he/she is not using the funds.

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October 31, 2023, 05:06:26 AM
 #161

It's one of question which differs from person to person. How do you define richness?
People ascribed richness to owning materials things, being influential in the society and occupying one government position or the other.
isn't the meaning of rich people ? or what people knows and followed since then? back in the past when you  have large farm and animals you are rich and so material things.
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Others see richness as the ability for them to be able to afford whatever they need for sustainability and to live withing their means and also be contented with what they have.
does both are the same? when you are influential and have material things meaning you can sustain anything and can buy everything.
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So richness can be viewed from different lens, depending on which side of the divide you choose to go for.
but you forgot to mentioned about rich having a friend, because influence does not mean you have richness in friend .

because if you are rich in friend and love? that is the treasure cannot be taken forever.

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October 31, 2023, 06:15:02 AM
 #162

It's one of question which differs from person to person. How do you define richness?

Becoming rich is not all about financial stability; it comprises many things. Those who are not yet rich will think that being rich is all about financial stability. For me, if you can have access to money, health, food, and shelter, even though you don’t have a lot of cash in your account or wallet, you are rich.For instance, a rich man will have a lot of money in his account or wallet, but suffering from severe illnesses that will cost more than his wealth of almost all his properties makes him not a rich man but rather a poor man, because a poor man who has access to money and solves all his issues with adequate health care, then the poor man is richer than the rich man, so being rich is not just about financial stability but also comprises other factors.

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October 31, 2023, 08:59:49 AM
 #163

It's one of question which differs from person to person. How do you define richness?

Some people view wealth as many things; everybody has his own view about this particular thing, "wealth." I don’t classify it as the others do because, in my opinion, when they say someone is rich or has been wealthy, it doesn’t mean someone has plenty of money in their account. But what is there is that when you are able to purchase everything you want at a particular time without suffering yourself, such as being able to meet up with your necessities for yourself and your family, and you are healthy, I think that is it.

There are always those who say that money is not important as long as it is enough for your needs, as long as you have prosperity, different happiness, maybe they have a normal and healthy body can be said to be rich.

You know people have different views when it comes to things like this, and that’s why some people said such things, which is that not everybody needs more money. Anyone who will say money is not important when they have what they want is a lie, and if that's true, why are they looking for more money? And again, you can see that billions of dollars are still creating ways to get more money even with everything they want around them, so for me, money is something that whatever amount we have in our bank account or investments, we will still have more things in mind that we will say we also need.

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without money they will not be prosperous and happy, but don't be too complacent with money you can fall into bad things if you don't use money properly.

In some aspects of life, money doesn’t bring happiness based on the way you get rich. Some people just have money, but deep down they are not happy internally. Some of these kinds of people cannot be happy, and some don’t mind being rich by any means. So what you said is true. Too much of everything is bad. If some put money in front, I can say that these kinds of people may end up doing what they aren’t supposed to do.

R


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October 31, 2023, 09:03:49 AM
 #164

It's one of question which differs from person to person. How do you define richness?
A person who is satisfied with the sustenance given by the Creator is a truly rich person. Even if a person has a lot of wealth, he is poor as much as he wants. Abundance lies not in wealth but in peace of mind. Wealth cannot make a man rich if there is no self-satisfaction within him. If one does not feel satisfied with little, then all the riches of the world will not make him rich. We only run after needs but never think about it. Just as running after mirages like water on hot desert sands does not get water, just running after needs never quenches the hunger to get rich.

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October 31, 2023, 11:33:19 AM
 #165

It's one of question which differs from person to person. How do you define richness?

Becoming rich is not all about financial stability; it comprises many things. Those who are not yet rich will think that being rich is all about financial stability. For me, if you can have access to money, health, food, and shelter, even though you don’t have a lot of cash in your account or wallet, you are rich.For instance, a rich man will have a lot of money in his account or wallet, but suffering from severe illnesses that will cost more than his wealth of almost all his properties makes him not a rich man but rather a poor man, because a poor man who has access to money and solves all his issues with adequate health care, then the poor man is richer than the rich man, so being rich is not just about financial stability but also comprises other factors.
Isn't it an interesting, and regrettable, oversight that so many associate wealth with only material rich? After all, how often do we witness individuals with substantial financial resources leading meaningless lives? It's actually more complex than that. Alright, let's be frank. Cash is a tool, not a goal. Rich people who struggle with health problems or lack meaningful relationships are like receiving a gorgeous automobile without an engine. It's all a front.

Here's another viewpoint, though. Richness in the current economy refers to more than just financial assets because capital flows are varied and dynamic. Time, wisdom, health, connections, and even peace of mind are all examples of richness. Although it's a vital aspect of modern life, having money isn't the only measure of wealth. Isn't it time, then, to change the way we think about richness and see it as a spectrum rather than merely a figure on a balance sheet?

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October 31, 2023, 01:25:44 PM
 #166

I would say that you can state that you are rich (in my eyes), when you don't think about everything from money perspective. Financially established people live their life, pay the bills, travel, spend time with the family and don't worry about costs which are related to those activities. Yes, rich people always want to have more money, but it's kind of "sport interest", when you make money just to be better than your next rival, but in general new income will nit significantly change your life. I guess, if your capital can cover 100 years of good existence of your family members and yourself - you are rich. By saying good life, I mean that you have solved all moments for yourself and family with housing, healthcare, travelling, education, own business which gives passive income and can be passed to children or someone else + reserves for a dark days (here I can't tell how huge reserves must be, but even $XX XXX is better than nothing).
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November 01, 2023, 12:41:02 AM
 #167

When talking about money, for me, it's having more of what you need. Like, you only need this stuff to live a comfortable life but fortunately, you have more of what you need. It's like being more than just being financially stable. I don't consider being financially stable to be "rich" enough cause when you say rich, it means you have more.
Rich is when your money can make your children live their life with your money until they grow older without having the need to work on their own (if they want to). These are the people who can afford to buy the things they want or need immediately without having to worry about spending their money.
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November 01, 2023, 03:40:11 AM
 #168

Wealth has different meanings for different people, some wealth is defined as having abundant assets, but others are defined as being free from financial problems and being blessed with the health of oneself and one's family. Abundant wealth does not guarantee happiness in a person's life, nor can money buy health. Many rich people are being treated in hospital, they can no longer enjoy the wealth they have accumulated so far due to their illnesses.

If health could be bought, of course they would exchange all their wealth for health. Happiness in life is also wealth in other forms, there are many people who are rich in wealth who do not find happiness, their lives seem to have no direction due to always thinking about personal problems that wealth can never solve. From my point of view, health and happiness are wealth that cannot be bought with a price. People who can still enjoy health and happiness live more comfortably than having lots of wealth but not being healthy.

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November 01, 2023, 03:43:00 PM
 #169

Everyone certainly has a different view in interpreting wealth, some think it doesn't have a lot of problems in terms of finances and there are also those who say that by not having debt or monthly bills, if we calculate wealth by the amount of money, of course the wealth we want will never end until any time.
Different points of view also do not ignore the true meaning of wealth itself. I mean that wealth can be interpreted materialistically as the many possessions, money, assets and so on that we have. In a general sense, this is how wealth is interpreted materialistically, but speaking of different points of view, that is exactly what we are discussing and there are always different points of view in interpreting wealth.

Being able to fulfill all the needs we need will certainly make life feel happier because we never experience difficulties in being able to fulfill what we need. I agree with you, if wealth is just a number, no one is ever satisfied with what they have, but it is not certain that they can get happiness from what they have. Having a happy life and being able to fulfill all forms of family needs means we will feel very happy because many people already have a lot of wealth and they don't have a happy life and they have to look for it from temporary things but it won't last long.
In the end, wealth will differ from one person to another, the wealth of a lower middle class person will be different from the wealth of an upper middle class person. This is the difference, especially if it is connected with different fulfillment of life and responsibilities so that it can be interpreted as varying wealth at different levels. For some people, being able to meet life's needs is true wealth because they are not involved in any debts or bills.

But for large entrepreneurs, debt and loans are their lifestyle in seeking profits and most entrepreneurs have bank debt, loans and other costs as a result of the business development process they run. Even if it doesn't cover a large percentage, there are many successful entrepreneurs and business people who are entangled in that kind of lifestyle.

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November 01, 2023, 05:53:43 PM
 #170

For some reason, the human brain is indoctrinated when they hear about wealth. Most people's heads come to mind as having abundant wealth, luxurious items and being free from financial problems. In fact, if you narrow it down further, the meaning of wealth will produce many definitions within it. Happiness in the household and health are also wealth that cannot be valued with money.
People who have a lot of money can buy whatever they need, but happiness and health cannot be bought with money. For me, living happily and being blessed with health is a wealth that cannot be valued.
Good health is an infinite blessing of God that money really cannot buy. Good health, happiness and unhappiness cannot be bought with money, but I think money is the most valuable thing in the world. If you have money then you will feel like you have the whole world but with empty pocket one day you will see the world is very difficult. You have money means you are a good child to your family, you have money means you have no shortage of friends, you have money means you are a very important person to your relatives. But when you don't have money, you feel worthless to yourself. I never agree with those who say money is not everything in life because if you want to live well in the society you must study as much as you have wealth people will respect you.

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November 01, 2023, 08:05:16 PM
 #171

For some reason, the human brain is indoctrinated when they hear about wealth. Most people's heads come to mind as having abundant wealth, luxurious items and being free from financial problems. In fact, if you narrow it down further, the meaning of wealth will produce many definitions within it. Happiness in the household and health are also wealth that cannot be valued with money.
People who have a lot of money can buy whatever they need, but happiness and health cannot be bought with money. For me, living happily and being blessed with health is a wealth that cannot be valued.
Good health is an infinite blessing of God that money really cannot buy. Good health, happiness and unhappiness cannot be bought with money, but I think money is the most valuable thing in the world. If you have money then you will feel like you have the whole world but with empty pocket one day you will see the world is very difficult. You have money means you are a good child to your family, you have money means you have no shortage of friends, you have money means you are a very important person to your relatives. But when you don't have money, you feel worthless to yourself. I never agree with those who say money is not everything in life because if you want to live well in the society you must study as much as you have wealth people will respect you.

Yes you are right, money is an important thing in the world but it cannot buy health and happiness but money can bring its own happiness. Health is impossible to buy with money because health is something expensive and valuable, as well as time, when we have the opportunity and do not take it then it will be called wasting time because there is no way time can be turned back. When you have a lot of money and buy everything you want without thinking about the future there may be regrets for not utilizing the money properly but instead spending all the money just like that.

Indeed with money we will become respected people we can buy everything we want but not everything can be bought with money. Like health that is impossible to buy and family happiness also cannot be bought. Many people when they succeed a lot of money they forget their families and when they start to feel bored with their lives they will miss the family they have forgotten because they are lulled by the wealth of money. Here he will not be able to buy family happiness which of course all want family happiness, because only families are willing to accept us when we are in difficult circumstances though.

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November 01, 2023, 08:45:29 PM
 #172

It's one of question which differs from person to person. How do you define richness?
Being rich is when you can cater to all your needs and wants without compromising your funds. When you are ready to help other people in need, most especially in their financial problems. And being rich is when you don't worry your future anymore since you have reserved adequate funds to create a brighter and a more meaningful future. And once you're rich, you become financially secured and independent that no matter how many problems you might encounter, you will always be the last man standing.

Furthermore, being rich is also receiving the right amount of love from your family and loved ones. And there is no hatred but only love. And lastly, if you are rich, all your life's aspects are also stable and secured, be it emotionally, physically, mentally, and spiritually. When you couldn't ask for more, that's when you are definitely rich.
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November 01, 2023, 09:00:41 PM
 #173

It's one of question which differs from person to person. How do you define richness?
Being rich is when you can cater to all your needs and wants without compromising your funds. When you are ready to help other people in need, most especially in their financial problems. And being rich is when you don't worry your future anymore since you have reserved adequate funds to create a brighter and a more meaningful future. And once you're rich, you become financially secured and independent that no matter how many problems you might encounter, you will always be the last man standing.

Some might say those who can fulfill all of their desires are rich or those who don't feel the lack of funds inflow for these financial needs are rich. It depends on the individual's personality and social standing. From my prospective perspective, someone who is knowledgeable and aware of most of the history of the world and society is rich. His knowledge and personality represent his richness. 

You can never be financially secure and independent as human desire has no limit and money can not fill its desire. Some people feel insecure by thinking about how he will feed his family while others feel insecure if they can not buy the latest model of the iPhone by thinking his social status will drop. This whole thing is sentimental and can be totally different for every human being.

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November 02, 2023, 01:44:39 PM
 #174

It's one of question which differs from person to person. How do you define richness?

Richness mean many things to different people. I think almost every body think richness is the amount of wealth you aquire. But no me richness is when you are physical, emotionally financially and psychologically sound. And can meet up with family demands.

Some people have the whole money in the bank but being dignosed of a deadly cronic deases which money can not solve.  Money has many things it can do to make people happy, but not everything. Money can not bring back a dead person. Money can not reduce your age, money can not give you children, money can not give you peace of mind.

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November 02, 2023, 04:21:59 PM
 #175

Of course i believe your perspective of richness differs depending on your stand in life for example if i have $1 i’ll think of someone who has $2 rich but once i have $2 i’ll start to think the person with $3 is richer and so on and so forth at some point you need to be content with what you have

For me i can say im rich if i am able to tend to all my and my family’s basic necessities with ease while still being able to purchase or avail things that i don’t really need but just want

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November 02, 2023, 05:57:27 PM
 #176

It's one of question which differs from person to person. How do you define richness?

What does it mean to be rich? It's a simple question, but I read many different opinions here. The word "rich" seems simple, but the real hard work put behind this richness is another thing. I believe we are rich in many things, and everyone is not rich in everything, but everyone is rich in something. So everyone is rich one way or another. How we embrace our richness is another thing to consider. Africa is rich in resources, but still, many countries are poor in Africa. It's just like, "There are people who have money and people who are rich." This is the thing: whatever you think you're rich about, just embrace it and nurture it; otherwise, you're just a person with money, not rich.

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November 02, 2023, 06:54:27 PM
 #177

It's one of question which differs from person to person. How do you define richness?
For me, richness simply means a state of being financially buoyant where at that moment you can buy whatever you need when you need it, eat whatever you want when you want it, while being both physically, spiritually and emotionally satisfied with the little you have, with the ability to help those in need around my environment at all times. That is the definition of a rich man to me. Because it's sad that in this present day, we find ourselves living in a society where whoever is opportunity to claim the ladder of leadership, there number one goal has always been "how to embezzle funds" and run away with money meant for the people instead of how to make live meaningful for the general masses, and as such made people see rich people to be bad people, when such ideology is not meant to be that way.

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November 02, 2023, 09:02:41 PM
 #178

It's one of question which differs from person to person. How do you define richness?

To me, I would probably be content with 500k that is probably invested in shares with a bit of liquid cash available in there. That would allow me enough freedom to choose whether to work or not, cover any expenses and gradually pay down the mortgage and cover regular expenses like household bills and even budget holidays. That would be enough to keep me content in life, but I'd probably still go to work just for the challenge and extra social interaction is brings - but not look for anything that is too stressful because it can effect your quality of life negatively. Some people think a million or a hundred million is necessary to be rich, but it's how well you utilize the money you have that counts.

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November 02, 2023, 09:20:07 PM
 #179

It's one of question which differs from person to person. How do you define richness?
The definition of wealth is relative. In my opinion, people have different views on defining wealth. Materialistically, wealth is defined as lots of money, lots of property, being able to invest anytime and anywhere. For some people, wealth is not always calculated by how much property they have, they define rich in a very simple way. For them, wealth is measured in terms of the health of themselves and their families and having money to finance their family's needs.
Wealth is relative to each individual. It depends on which side you judge the meaning of wealth.

Being wealthy is not the same as being rich. Wealth is like the accumulation of valuables and financial holdings of a person. It could be money, real estate, investments, businesses, valuable possessions, etc. But being rich means feeling like you have enough money to live comfortably and enjoy the things you want in life. In simpler terms, wealth is what you have, while being rich is how you feel about what you have. It's possible to be wealthy but not feel rich if you're not experiencing financial wellbeing, and you can likewise feel rich even if you have a moderate amount of wealth if you're content and satisfied with your financial situation.



 

 

 

 

 

 


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November 02, 2023, 10:02:42 PM
 #180

It's one of question which differs from person to person. How do you define richness?

  • I don't have to work.
  • I don't need to think from where and how I'll get my food.
  • No problem with bills.
  • Less stress life.
  • I can buy anything that I want.
  • Since I don't have to work, I have my businesses that have their own system that functions very well with staff and I only have to say yes or no for some decisions.

Admit it or not, this is what we want to think of if it's about the life of the rich people. They don't have to get pressured with their daily living and they're living as chill as they can be.

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November 06, 2023, 04:12:23 PM
 #181

Defining wealth is of course from money the more money the more you think you are rich.

Some people say all kinds of things but remember all of that requires money to cover your needs, including fun, buying goods, food regardless of price, what you want can be bought and other needs all of that is money that must be available.

So I interpret that money is indeed important in our lives, even our own status can be captured higher than the caste they say.

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November 06, 2023, 04:42:10 PM
 #182

Defining wealth is of course from money the more money the more you think you are rich.

Some people say all kinds of things but remember all of that requires money to cover your needs, including fun, buying goods, food regardless of price, what you want can be bought and other needs all of that is money that must be available.

So I interpret that money is indeed important in our lives, even our own status can be captured higher than the caste they say.
  Wealth and rich are similar but different. They're similar because it's actually embedded around comfortability and free mindedness financially but it's different because of how and when it happens or keeps happening
Being wealthy means being able to afford needs at the particular time you're in need and rich is living buoyantly and in excess wealth.
  There's a saying health is wealth, here's an interpretation logically; you can't be down health wise and be able to comfortably afford some needs, you'd first be concerned about your health before you can think of living the normal life because without good health, the life in general will not just be the normal way it ought to be. And when health is adequately taken care of, now the focus will be on comfortably fighting off every little need that may arise rich on the other hand is you comfortably affording both the health need and every other extra need that'd arise at the same time. Now we see that they both ball around financial capacity but one still supersede the other.
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November 06, 2023, 07:32:08 PM
 #183

Defining wealth is actually both easy and difficult. The easy definition is that you are rich if you have a lot of money. The difficult definition is how much money you have. This is the most variable part. People's lives are different from each other. Where they live, the geography they live in is important for the scalability of people's wealth in my opinion. Because if you ask a textile worker in Bangladesh to define wealth, he will most likely say that he has a warm house and that he has enough money to cover his own expenses every month. Because the working conditions in the region where he lives are quite harsh and he has an income of almost 100 dollars per month. Now for this person, a monthly income of 1000 dollars is enough for him to feel rich. But on the other hand, if we ask a college graduate, middle class person living in Canada to define wealth, he will probably say having a big villa, having Ferrari's and Lamborghini's in his garage.

In my opinion, wealth is not being accountable, that is, one hundred percent freedom. I think a person's biggest goal in life should be freedom and they should fight for their freedom. This freedom applies in every field. Material and spiritual. If a person feels free, he is rich.

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November 06, 2023, 07:57:00 PM
 #184

Defining wealth is of course from money the more money the more you think you are rich.
-snip-
But it's not real wealth, it's just material wealth, and money is the benchmark.
If we can look at it again in depth, we can conclude that people who are truly rich in addition to a lot of money,
also have a business with good passive income, a strong foundation, and good connections with many people.
That will give you true financial freedom.

Rather than just calling someone rich, but not having any assets and wealth obtained from an inheritance or a privilege from parents.
It is better to build your own business and start to grow.

.
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November 06, 2023, 08:02:28 PM
 #185

Defining wealth is of course from money the more money the more you think you are rich.

Some people say all kinds of things but remember all of that requires money to cover your needs, including fun, buying goods, food regardless of price, what you want can be bought and other needs all of that is money that must be available.
We don't need to be critical on this one and this is right. If it's about being rich, there's no other definition of it but yes, it varies from person to person and since it is a perspective thing, the majority of us will say that it's all about having more money and having the most in life.

So I interpret that money is indeed important in our lives, even our own status can be captured higher than the caste they say.
It is important, we don't have to lie about this fact that money makes the world go round and we need it for our daily living unless you're living a primitive type of life.


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November 06, 2023, 08:05:12 PM
 #186

Rather than just calling someone rich, but not having any assets and wealth obtained from an inheritance or a privilege from parents.
It is better to build your own business and start to grow.
Yes, some people only focus on enriching themselves by continuing to make money. That's not wrong, but it would be better if we start something that will bring in money, or in other words, not us looking for money, but money looking for us. Maybe what I'm saying is a little strange for some people and for others it might be understood.
I agree with what you said about passive income, good connections with many people. Because from what I've seen, most people who I consider rich have connections like that. But we also have to have the ability in this case, because to get connections like that requires good communication skills. So that's what we have to hone, which is honing our communication skills to create wide connections.

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darkangel11
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November 06, 2023, 08:15:20 PM
 #187

  • I don't have to work.
  • I don't need to think from where and how I'll get my food.
  • No problem with bills.
  • Less stress life.

Up until this point it was all achievable. I started reading and I thought to myself: damn, these people really want the basics in life, no fancy stuff, just have food and paid bills. Many of us could do that with a decent property rented out. And then came the third point which is so detatched from the rest it's like asking your wife what does she want for birthday and the answer is:
Nothing special, just some jewelry... You think OK, I can do that... And she finishes the sentence: like a cartier bracelet with diamonds. Cheesy

Quote
  • I can buy anything that I want.

Even rich people don't think that being rich is being able to buy anything you want, because I want to won an island. Is that a definition of being rich?

Being rich is being able to satisfy your basic needs for food an shelter forever, without having to work at all and being able to do the same for your closest family for decades.
If you have enough money that if you got sick today or injured and couldn't work, your family's lifestyle wouldn't change, then you're rich.
Most people either don't have savings at all or have enough for 6 months, or less. If you have enough to live a normal life without having to work until you die of old age, you're rich.[/list]

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November 07, 2023, 05:15:05 AM
 #188

Rather than just calling someone rich, but not having any assets and wealth obtained from an inheritance or a privilege from parents.
It is better to build your own business and start to grow.
Yes, some people only focus on enriching themselves by continuing to make money. That's not wrong, but it would be better if we start something that will bring in money, or in other words, not us looking for money, but money looking for us. Maybe what I'm saying is a little strange for some people and for others it might be understood.
I agree with what you said about passive income, good connections with many people. Because from what I've seen, most people who I consider rich have connections like that. But we also have to have the ability in this case, because to get connections like that requires good communication skills. So that's what we have to hone, which is honing our communication skills to create wide connections.
Looking for money just for the sake of it is a common drive. Although it's not necessarily bad, I agree that it would be smarter to set up streams where money comes to us instead of the other way around. Not at all strange, this idea is a basic theory of getting rich. Passive income isn't just a nice-to-have, it's a must. Being financially free depends on it

Similar to what you said, I've noticed that wealthy people often have large networks. You need to know who knows you and, more importantly, who honours and respects your connection. Speaking and writing clearly are very important because they are the basis for creating these networks. After years of practice, I can say that clear, straightforward, and effective communication works. It opens doors that wouldn't open normally. As a result, I strongly advise that you improve these abilities; they are absolutely useful in today's world

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taufik123
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November 07, 2023, 01:49:57 PM
 #189

-snip-
After years of practice, I can say that clear, straightforward, and effective communication works. It opens doors that wouldn't open normally. As a result, I strongly advise that you improve these abilities; they are absolutely useful in today's world
Clear, straightforward, and effective communication is indispensable in the world of work or business.
But what is more important than all of that is how you treat someone well, have polite manners, and respect every person's decision.

Building a network is not easy, not just a network but being able to create a strong network internally or externally,
so that there will be no such thing as mutually harmful competition.
All must work together, and work with their respective portions.

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Razmirraz
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November 07, 2023, 03:51:08 PM
 #190

Rather than just calling someone rich, but not having any assets and wealth obtained from an inheritance or a privilege from parents.
It is better to build your own business and start to grow.
Yes, some people only focus on enriching themselves by continuing to make money. That's not wrong, but it would be better if we start something that will bring in money, or in other words, not us looking for money, but money looking for us. Maybe what I'm saying is a little strange for some people and for others it might be understood.
I agree with what you said about passive income, good connections with many people. Because from what I've seen, most people who I consider rich have connections like that. But we also have to have the ability in this case, because to get connections like that requires good communication skills. So that's what we have to hone, which is honing our communication skills to create wide connections.
Different conditions must be created to make it easier to bring in money. I really understand what you are saying, to create conditions for money seeking we need to be equipped with skills in certain areas or you have to make money with money. When Money vs Money, you will make Money. When you are in this position you no longer need to bother looking for money because money will look for you. This method may be a little confusing, but it happens very often in our lives.

Let's take the example of money looking for you. A doctor does not need to work hard for money to bring him, money will look for a doctor, property investment can also create conditions for money looking for you. Good relationships with other people need to be prioritized to increase connections in the business sector, in bringing in money you need to prioritize honesty and discipline. Businesspeople who have succeeded in their profession build connections with discipline and honesty.


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November 07, 2023, 06:02:46 PM
 #191

Maybe some people will think that what is meant by rich is having an abundance of money, having an advanced business that has branches everywhere and having a number of luxurious houses and cars. But not with me, I think that someone can be considered rich when they already have a sense of gratitude and always feel enough for everything they get through a maximum effort. Because when someone doesn't have that feeling, then they will always feel lacking and always feel poor when compared to other people.

True wealth does not lie in our financial condition, but lies in our hearts, souls and thoughts. to become someone who is rich does not have to compare it with what people have. What we get is to be enjoyed and grateful, not to be compared.

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November 07, 2023, 11:07:31 PM
 #192

It's one of question which differs from person to person. How do you define richness?
No one has ever succeeded to achieve all of its dream to live. Many could have obtained the whole treasures in the world and yet wanting some more probably wish to be a god.
Just absolutely.... No one gets it all but being rich is as being contented with what you have and most especially you can get to your essential needs without the luxuries.

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November 08, 2023, 10:12:44 AM
 #193

It's one of question which differs from person to person. How do you define richness?
No one has ever succeeded to achieve all of its dream to live. Many could have obtained the whole treasures in the world and yet wanting some more probably wish to be a god.
Just absolutely.... No one gets it all but being rich is as being contented with what you have and most especially you can get to your essential needs without the luxuries.
When we say rich, meaning is a successful person, talking about someone with millions in their bank accounts and having so much properties and investment. People measure how successful a person is by how much money they earn but for me, the true meaning of being rich and success is being happy on what I have in life, Most importantly if my family and I is healthy and contented on what we have.



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November 08, 2023, 12:09:04 PM
 #194

It's one of question which differs from person to person. How do you define richness?

For me, being rich is having money, and being wealthy is having time, so between the two I prefer to be wealthy, some rich people have no time for healthy relationships, and do not have time to be themselves and find peace, you can have all the money in the world but if you do not have time to your family and your time is invested to make more money you lack the quality of life and that's money cannot buy.

Rich is associated with having so much money and afford to buy anything and live a lavish lifestyle, I have seen lonely people rich people regret that they've spent all their time making a lot of money and straining their relationships with other people, so for me rich is not only having money but having a good relationship to your family to your fellowmen and your creator and having a contented life.


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November 09, 2023, 12:55:14 AM
 #195

Defining wealth is of course from money the more money the more you think you are rich.

Some people say all kinds of things but remember all of that requires money to cover your needs, including fun, buying goods, food regardless of price, what you want can be bought and other needs all of that is money that must be available.

So I interpret that money is indeed important in our lives, even our own status can be captured higher than the caste they say.

Most people want to get rich in their lives. But for the others who became rich or fulfilled their dreams, were they satisfied with the wealth they enjoyed? Did they feel 100% despite what they enjoyed in life?

There are other rich people who are not satisfied or happy with the wealth they have. What is my anger? Maybe the real wealth is that you have a real 100% satisfaction in the life you are facing, and there are people who really love you no matter if you are rich or poor.

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November 09, 2023, 03:10:02 AM
 #196

It's one of question which differs from person to person. How do you define richness?

  • I don't have to work.
  • I don't need to think from where and how I'll get my food.
  • No problem with bills.
  • Less stress life.
  • I can buy anything that I want.
  • Since I don't have to work, I have my businesses that have their own system that functions very well with staff and I only have to say yes or no for some decisions.

Admit it or not, this is what we want to think of if it's about the life of the rich people. They don't have to get pressured with their daily living and they're living as chill as they can be.
To the naked eye it may not look like other people in general who have to work to make money. Rich people don't need to work anymore because they have several businesses that can bring in money for themselves. Rich people do look calmer and more comfortable in enjoying life because the facilities they have are very complete. Indirectly, a rich person's brain works hard, he always thinks about how his business can continue to survive amidst increasingly sophisticated technological developments. Rich people don't seem to be working physically, but their brains are constantly working all the time or maybe they can't sleep because they keep thinking about business, especially as the income graph starts to decline.

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November 09, 2023, 04:33:55 AM
 #197

To the naked eye it may not look like other people in general who have to work to make money. Rich people don't need to work anymore because they have several businesses that can bring in money for themselves. Rich people do look calmer and more comfortable in enjoying life because the facilities they have are very complete. Indirectly, a rich person's brain works hard, he always thinks about how his business can continue to survive amidst increasingly sophisticated technological developments. Rich people don't seem to be working physically, but their brains are constantly working all the time or maybe they can't sleep because they keep thinking about business, especially as the income graph starts to decline.

We only see the fun they show and we never see when they think about the business they are developing and also with the business they are running they get problems that they have to solve immediately and also they have to think about the people who work in their business, most of us see it from the results they experience, not from the hard work they do, to be able to achieve financial freedom, of course they have to go through various kinds of challenges and even failures before they can achieve financial freedom.

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November 09, 2023, 07:32:28 AM
 #198

To the naked eye it may not look like other people in general who have to work to make money. Rich people don't need to work anymore because they have several businesses that can bring in money for themselves. Rich people do look calmer and more comfortable in enjoying life because the facilities they have are very complete. Indirectly, a rich person's brain works hard, he always thinks about how his business can continue to survive amidst increasingly sophisticated technological developments. Rich people don't seem to be working physically, but their brains are constantly working all the time or maybe they can't sleep because they keep thinking about business, especially as the income graph starts to decline.
We only see the fun they show and we never see when they think about the business they are developing and also with the business they are running they get problems that they have to solve immediately and also they have to think about the people who work in their business, most of us see it from the results they experience, not from the hard work they do, to be able to achieve financial freedom, of course they have to go through various kinds of challenges and even failures before they can achieve financial freedom.
Everything that has been enjoyed is the result of hard work and also the process that has been undertaken so that finally someone can enjoy their hard work with the profits they have obtained.
If we are already in the top position without having to think about small things, it will make us a little bit advantageous because we can think long and big to make something that can possibly provide greater profits, but for poor people they can't think like that because Their thinking is still hampered by the needs that must be met, this is indeed a difference.

But what you have to remember, everyone has different standards for wealth, we also live with different processes, so there is no benchmark for that.

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November 09, 2023, 08:32:34 AM
 #199

Maybe some people will think that what is meant by rich is having an abundance of money, having an advanced business that has branches everywhere and having a number of luxurious houses and cars. But not with me, I think that someone can be considered rich when they already have a sense of gratitude and always feel enough for everything they get through a maximum effort. Because when someone doesn't have that feeling, then they will always feel lacking and always feel poor when compared to other people.

True wealth does not lie in our financial condition, but lies in our hearts, souls and thoughts. to become someone who is rich does not have to compare it with what people have. What we get is to be enjoyed and grateful, not to be compared.
It is difficult to focus on spiritual values when you are hungry and don’t have your own warm home. I say this because in our world, financial wealth plays a big role if you want to feel comfortable.

Everyone strives for financial independence and that's normal. The definition of financial independence is quite simple: you must have such capital, the profits from which are fully capable of covering all your expenses. In this case, you will definitely be able to acquire enough time to know yourself and have enough time to engage in better self-development.
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November 09, 2023, 11:18:11 AM
 #200

It's one of question which differs from person to person. How do you define richness?
In my opinion, being rich is when you no longer have to worry about all the costs of living, rising food prices, rising petrol or electricity prices are no longer obstacles because both your income and investment returns are enough to cover everything, even though the money you have can't live with everything luxury goods, but if you can stay calm with all the inflation that is happening it is wealth.
Also, the investment that I have can guarantee a good life in my old age without having to depend on anyone.

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November 09, 2023, 05:12:41 PM
 #201

It's one of question which differs from person to person. How do you define richness?
For me, being rich is having money, and being wealthy is having time, so between the two I prefer to be wealthy, some rich people have no time for healthy relationships, and do not have time to be themselves and find peace, you can have all the money in the world but if you do not have time to your family and your time is invested to make more money you lack the quality of life and that's money cannot buy.

Rich is associated with having so much money and afford to buy anything and live a lavish lifestyle, I have seen lonely people rich people regret that they've spent all their time making a lot of money and straining their relationships with other people, so for me rich is not only having money but having a good relationship to your family to your fellowmen and your creator and having a contented life.
People in different situations will have a different mindset about what being rich means. Someone who doesn't have money would say that they are ready to make any sort of compromise in their lives only to have a lot of money, even if it's about getting away from their family and friends, on the other hand, those who have a lot of money and make a lot of money but don't have any real friends or relationships will think that they will give away all their money only to have these things.

Life isn't fair to everyone, and one cannot have everything they need or want in their life. Even if you get all the wealth and everything in the world, there will still be an unfilled spot somewhere in your life after all that you have, and no matter how hard you want, you won't be able to fill that spot at all.

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November 09, 2023, 06:37:03 PM
 #202

It's one of question which differs from person to person. How do you define richness?
In my opinion, being rich is when you no longer have to worry about all the costs of living, rising food prices, rising petrol or electricity prices are no longer obstacles because both your income and investment returns are enough to cover everything, even though the money you have can't live with everything luxury goods, but if you can stay calm with all the inflation that is happening it is wealth.
Also, the investment that I have can guarantee a good life in my old age without having to depend on anyone.

That is true, being rich for me doesn't mean you can afford the luxury lifestyle.
But you are not worried about inflation, rising prices and the likes because you can afford to pay without worry.
You may be not living in luxury, but you have everything you need, food, shelter and still can afford to unwind from time to time.
So yes, this social status depends on how people look at. Sometimes you feel you are already rich if you have no debt from anyone.
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November 09, 2023, 10:00:18 PM
 #203

Defining wealth is of course from money the more money the more you think you are rich.

Some people say all kinds of things but remember all of that requires money to cover your needs, including fun, buying goods, food regardless of price, what you want can be bought and other needs all of that is money that must be available.

So I interpret that money is indeed important in our lives, even our own status can be captured higher than the caste they say.

Being a rich person doesn't just refer to material things; it can also refer to things in general. So for me, what the OP did was miss the question he made in the title. He should specify what kind of wealth he is talking about.

Is it material? or other wealth you speak of? because, of course, our communities will answer differently here on this forum platform. Because it is not specified whether it is about buying luxury things, traveling around the world, helping as long as you like, etc.

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November 09, 2023, 10:45:23 PM
 #204

Being a rich person doesn't just refer to material things; it can also refer to things in general. So for me, what the OP did was miss the question he made in the title. He should specify what kind of wealth he is talking about.

Is it material? or other wealth you speak of? because, of course, our communities will answer differently here on this forum platform. Because it is not specified whether it is about buying luxury things, traveling around the world, helping as long as you like, etc.
That's the common belief and formula for what is being rich is. It's all about having a lot of material things, houses, luxury cars, everything that you can think of.

And being rich will make you wealthy because you can conserve energy for your well being for which is what we belief about health is wealth, right?

You can buy nutritious foods and you don't have to go on a hard diet where you can pick what you eat. But the problem is, most of the rich are into junk and fast foods until they realize they need a healthy and balance diet.



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November 09, 2023, 10:55:15 PM
 #205

It's one of question which differs from person to person. How do you define richness?
snip

That is true, being rich for me doesn't mean you can afford the luxury lifestyle.
But you are not worried about inflation, rising prices and the likes because you can afford to pay without worry.
You may be not living in luxury, but you have everything you need, food, shelter and still can afford to unwind from time to time.
So yes, this social status depends on how people look at. Sometimes you feel you are already rich if you have no debt from anyone.
The definition of rich in my opinion is also quite random, in fact, quite a lot of people say that the definition of rich according to them is a healthy body/mental and a complete family, currently, i live a quite comfortable life, the business i have built is also quite stable, my family is also very harmonious then it can be said that for now, i am rich enough, while people out there see wealth only as money so that when they get sick, the money they have is used up to pay for their medical treatment. 
There is a wise sentence that i once heard, written that although money is a measure of wealth, true wealth is a comfortable mind and a calm heart, That sentence is quite great imo.

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November 10, 2023, 11:01:36 AM
 #206

From my point of view the rich are those who live in peace, can eat 3 meals properly, don't have to worry about what to eat tomorrow and have saved money for the future. Now if I look from my own position to those who have much less money than me, I feel rich. And if I look at those who have more money than me, I consider them rich. Now many consider his own position rich, while many consider his own position poor. Now let's talk about me, whatever money I have, my goal is to increase more money. Now I consider myself rich because there are many poorer people than me.

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November 10, 2023, 06:16:56 PM
 #207

The definition of rich in my opinion is also quite random, in fact, quite a lot of people say that the definition of rich according to them is a healthy body/mental and a complete family, currently, i live a quite comfortable life, the business i have built is also quite stable, my family is also very harmonious then it can be said that for now, i am rich enough, while people out there see wealth only as money so that when they get sick, the money they have is used up to pay for their medical treatment. 
There is a wise sentence that i once heard, written that although money is a measure of wealth, true wealth is a comfortable mind and a calm heart, That sentence is quite great imo.
Rich is defined depending on the context, the rich context in this discussion is closely related to economics and finance but I did not find your statement related to the discussion of economic standards which are included in the rich category, so let me complete your statement that rich has material wealth standards that are useful for family needs, running the business you manage, having an emergency fund for medical expenses and other needs.

Even though my economic level is not classified as rich, I am grateful to have gotten a new job to increase my monthly passive income, I have enough income for the needs of my small family and allocate some funds for emergency savings.

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December 05, 2023, 04:01:11 AM
 #208

It's one of question which differs from person to person. How do you define richness?
To me richness goes beyond financial stability ,Thats why I will define richness as the ability of one To be financially stable, morally wise, humble, cares for people , knowledgeable enough To understand people And the ability To treat his or her Fellow Person with Good mind, Respect people’s Choice And as same Time Care for the needy .

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December 05, 2023, 08:21:31 AM
 #209

From my point of view the rich are those who live in peace, can eat 3 meals properly, don't have to worry about what to eat tomorrow and have saved money for the future. Now if I look from my own position to those who have much less money than me, I feel rich. And if I look at those who have more money than me, I consider them rich. Now many consider his own position rich, while many consider his own position poor. Now let's talk about me, whatever money I have, my goal is to increase more money. Now I consider myself rich because there are many poorer people than me.
Before you can be financially rich, you must be mentally rich. You look at people around you who are worse off than you. If you look at those people who are in a worse position than you, you will think that you are a much richer and happier person. You are doing well and you don't have to worry about what might happen next then you are definitely a happy person and you are a rich person but if you are doing well and looking at those who are doing better than you then you will never be well. There should be addiction to money income but that is normal because nothing abnormal is good. To increase your money, work harder and focus on your work but at the end of the day try to convince yourself that you are better off and richer than others.

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December 05, 2023, 11:51:40 AM
 #210

It's one of question which differs from person to person. How do you define richness?
If someone is financially stable and does not lack any thing that can be acquire with money such a person I termed as a rich, though some people may be rich in other areas too but my impression of being rich has to do with the person ability to use money at their disposal to get whatever they want and my own country rich people who have money earn a lot of respect and more popular than people who might be rich with knowledge, being rich in term of money superceded any other form or type of richness, if you are rich in term money you can use it to acquire knowledge therefore the best type of richness is having abundant money.

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December 05, 2023, 01:03:41 PM
 #211

Being rich on a context is a state of time that one is having peacefully in health, the possibilities to get reach to an utmost desires and the pace of being appreciative

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