What Does It Mean To Be Rich?

I want it You want it We all want it
Whatís that, you ask? Itís being rich
Everybody wants to be rich This is probably because of the rich
people we see in movies and television shows and comics Who
doesnít want to be Richie Rich? Who doesnít want to be Donald
Trump?
Face it, being rich is everyoneís fantasy You want to be able
to buy anything you want You want to be able to go anywhere in
your private jet You want to feel the wind against your face
while driving your red SLK
Being rich may vary from one person to another If you go out to
the sidewalk and you interview different kinds of people, the
answers will surely vary
If you happen to interview an unemployed man, heíd probably
answer: ìWell, Iíd say an income of $100,000 a monthî
But when you chance upon an entrepreneur with a set business
already, heíd probably say: ìOh, I donít know, probably around
100M dollars a year?î
It all depends on the perspective of the person The background
of that personís life is the basis of their richness, but the
fact remains: we all want to be rich
Most of the time, we want things we donít even understand fully
Do we even understand what ìbeing richî means?
Apart from the mansion, the helicopter, the private jet, the
olympic size swimming pool in your backyard and hundreds of
sports cars in our garage and the vault with a sea of dollar
bills, do you really know what it means to be rich?
Before you go on dreaming about the ideal richness you crave
for, you should first understand the concept of richness Then
maybe you can gauge your life and declare yourself rich right
now
There are two types of richness, the ìworking richesî and the
ìaccumulated richesî
Working Riches:
Working riches are the riches that we get monthly It is our
income It is the riches that involve the sum of money we get in
order for us to sustain ourselves A worker who has a salary of
$4,000 dollars a month has working riches of $48,000 a year
If you are able to provide the basic necessities like food,
clothes and shelter for yourself and your family, then you have
a pretty normal/average working riches You have a little more
than enough
But if your working riches can barely sustain a proper lifestyle
for yourself alone and you have to go to shelters to get food
and you sleep on the streets, then your working riches is very
low
Being rich in this sense means that a monthís income can provide
for a yearís worth of necessities If you can buy clothes, food
and provide shelter for your family and then bring them to a
vacation spot once a year, then you are probably rich
Accumulated Riches:
Accumulated riches are your net worth This is the sum of money
you got in the period of your working career and the investments
and properties you have purchased during the duration of your
life Richness here means that you can retire and not worry
about providing for yours and your familyís future
Also, being rich in this sense means that you can go on
sustaining your lifestyle without compromising the way you live
This also means that you donít need to go on and apply for
credit and debt
You are rich in these terms when you can declare that you are
financially free If you are your own boss and you answer to
nobody else but yourself, then that means that you are already
made for life
See, riches come in different forms and it depends on how you
see it
We donít have to own the slew of sports cars and the thousands
of acres of land If we have what it takes to live and we can
afford to relax and take it easy without worrying about the
future, then we are already rich
We shouldnít worry if we do not have the 50-bedroom houses and
private jet planes The important thing is we can live our lives
freely, hassle-free and boss-free

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