What does being rich mean in your perspective?

[bbigtart]

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.

[Plaguedeath]

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.

[Uruhara]

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.

[Litzki1990]

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.

[Fivestar4everMVP]

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.

[Truthlovecoins]

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.

[Gallar]

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.

[pinggoki]

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.

[el kaka22]

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.

[topbitcoin]

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.

[tjtonmoy]

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.

[wiss19]

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.

[mvdheuvel1983]

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.

[panganib999]

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.

[BitDane]

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.

[Lanatsa]

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.

[Furious 7]

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.

[coupable]

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
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.

[GideonGono]

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.

[poodle63]

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.