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Author Topic: What does being rich mean in your perspective?  (Read 1352 times)
xSkylarx
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October 28, 2023, 12:03:24 PM
 #141

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
 #142

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.

 
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HONDACD125
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October 28, 2023, 04:35:04 PM
 #143

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
 #144

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
 #145

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
 #146

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
 #147

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
 #148

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
 #149

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
 #150

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
 #151

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
 #152

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)
 #153

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
 #154

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
 #155

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.

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October 30, 2023, 02:52:39 PM
 #156

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
 #157

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
 #158

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
 #159

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
 #160

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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