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Author Topic: What does being rich mean in your perspective?  (Read 1271 times)
BABY SHOES
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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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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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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.

R


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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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