What does being rich mean in your perspective?

[romero121]

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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[Bloodseekers]

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.

[ancafe]

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.

[Youngkhngdiddy]

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.

[jaberwock]

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.

[Renampun]

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

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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.

[HmmMAA]

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."

[junder]

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.

[AicecreaME]

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.

[Minecache]

✂️ 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.

[0t3p0t]

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.

[Iroh]

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.

[uchegod-21]

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.

[Bushdark]

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.

[HONDACD125]

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.

[JunaidAzizi]

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.

[bitzizzix]

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.

[RockBell]

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.

[Raflesia]

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.

[CryptopreneurBrainboss]

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.