Topic: What does being rich mean in your perspective? - page 9. (Read 1394 times)

For me, the definition of being reach wealth is; It is the evaluation style of a person who has gained financial freedom, successfully earns passive income, can buy almost anything they wants, doesn't check the price when purchasing a product/service and has enough savings to continue their life comfortably. Of course, people who meet these criteria but have psychological or health problems are rich only by financial definition.

Maybe it will be a bit of poor literature but apart from material things&money to state the general definition of the word rich for me; I can describe as a happy, knowledgeable, successful and respectful person and who has no health problems. The literal meaning of the word rich becomes real with the inclusion of the financial factors I mentioned at the beginning of my comment.

That's the case, but nowadays many people are chasing wealth without thinking about their health. Sure, they have health insurance as a form of investment in their health, but that alone is not enough to guarantee health. I mean work yes work, but don't forget about health, like for example from the smallest things, keep your sleep pattern, keep your diet, take the time to exercise even if it's only 10 minutes every day. Don't let something we pursue make us sick in the end, it's not funny either.
I understand that everyone's needs are different, but that doesn't mean we can ignore our health. Because we also won't be able to make money if our health is disrupted.

Happiness is how I determine being rich.  If money isn't important to you, and you have most of the things/possessions you want, I feel that you can still determine that as being "rich", just in a bit different of a way.

In economic terms, it all depends on where you live in the world.  In some places a million dollars is an extremely large amount of money, in other's it's not very much.  So it all comes down do regional location.  Then what city/state/providence you live in.  Also your portfolio holdings and current job all factor in. 

It's funny how all the responses here centers on personal achievements. I'd ask a question. Who do we consider rich? what does a person need to do in our lives before we accept they're rich? Giving! is the only factor used to measure riches in the society. If you have all the money in world, cars, buildings and financial freedoms without having humans who benefit from the wealth through giving and charity. People won't be satisfied with the fact that you're rich. A person that gives to people is a rich person. Because it signifies they have enough for themselves, that they can reach out to other people. Not just families, but strangers. Helping startups grow. Sponsoring people who do things we want to do. These are the factors I'd consider as being rich. Not just acquiring personal needs. If we don't hand things over to others it means we're not satisfied with what we've gotten. Meaning that we ain't rich.


It's indeed about health too, because being healthy contributes to a better life. When one possesses what the society values, they'll definitely be called rich. Do you think the rich folk still think of other rich people as rich? wouldn't they have other things that'll be more valuable than money. Most rich men today, sponsor war and purchase weapons. That's what seems to them as being rich. Owning war tankers, bombs etc. You'd see it's about personal perspective. Others who depend in the spiritual ways can see a possessor of a rare talisman as rich too. So, it's not mainly about the money like you said. Freedom and happiness is also factors of wealth in the life of many business men. Stuffs like cars and house, we easily get tired of them. That's why I think we all should own our different ways of seeing riches. Like myself, giving is my first and primary factor of calling a person rich. Regardless of their social standards, houses or whatever belongings they have.

Your notion of wealth is undoubtedly unique, emphasizing financial independence as a significant aspect. The notion that genuine wealth is not only the possession of certain goods or a certain quantity of money, but rather the capacity to live comfortably without continual financial anxiety, is a refreshing viewpoint. Your emphasis on not having to work for a job and being able to enjoy activities without needing to check costs aligns with the concept of financial security. It urges us to reconsider our definition of wealth, moving the emphasis from tangible goods to a life free of financial restraints.

Good question, but I think your topic is motivated by this one Re: If someone holds 1 bitcoin in 2023, can he call himself rich? Well, I shared my opinion about being rich there too, but I will share more here. Which is, that being rich is doing anything with your life, and you don't have to think before making any payment. Even you don't even have to think about how much money you have and how much money you need to buy something.

Long story short, if you have enough money that you don't even know how much you have and you are making money continuously then you are rich. But another thing I wanted to add is, the rich are those who don't only spend their money, but they also invest their money and multiply their money.

They have entrepreneur mindsets, even the rich is some spoiled people, they have this mindset to invest their money into some assets and stocks that can make them more money.

Of course, many people differ in how they define rich, some believe that they must live on more than one income, have financial goals, or be effective in using their time and daily life productively. I agree with all of this

In my opinion, being rich doesn't have to be seen from one's wealth alone, but the true definition of rich is how grateful they are and feel sufficient for what they have got now. And help a lot or donate the little wealth we have to other people.

From my point of view, rich is feeling enough for everything without feeling lacking in anything personally and in life. Even though other people may see us as just normal, that won't be a problem because everyone never shows off all the wealth they have to the public or to anyone passing by on the street. So for me, being rich doesn't mean that someone has to have more wealth with luxurious items and quite a lot of vehicles, because having enough and not feeling lacking and having difficulties in life every day, I already consider someone like that to be rich.

Riches is subjective to people, some people think been rich is by displaying wealth, live a lavish lifestyle and display all kinds of stuff, that's not what been rich is to me but at the end, as it is a intuitive phase that we all view differently.

Being Rich means you have wealth and by wealth you have assets, you have investment and you have power to say yes and no through influencing. Look at Elon Musk today, he has the money and he has the power at the same time, having X as an investment was another logic trick to gain more power, that is what been rich is all about.

When you are rich without power, you can't do much because even the wealth around you can be surpress down by cabals who don't like and vibe you, this happens every where, even politically people can get on your toes. The only way to remain a wealthy and rich person is to have money(liquid) + investment and Assets, that's what definition is to me.

Richness in what sense? We can think about being rich financially, healthy, belonging to a wide social circle of friends, by being a popular individual, by being successful on the professional field chosen to work on, by having the love of the woman of your dreams or just by being in peace with yourself and with the philosophy of life you chose for yourself. We can talk about richness literally or metaphorically. There isn't a right answer for this question, as it will be always subjective depending the aspect we are talking for and the people you are asking to.

In my perspective, I consider all the categories mentioned above as meanings of being a rich individual.

Everyone has different opinions on being rich in fact my assessment is that being rich means having enough left over after meeting your needs enough to make one's life relatively comfortable or enough to make one's life less uncomfortable. So if you have surplus wealth you are rich someone considered wealthy also has access to more wealth than the average person. These may include financial assets such as money in the bank or investments physical possessions such as cars or houses and intangible benefits such as access to a network of influential friends or luxury experiences.

You know everyone has a different opinion about what they call being rich, but according to me, what I see as being rich is the ability to be able to afford the basic things that you need( I know human beings can never be satisfied with what they want, no matter what they have, they will always want more), but some people see being rich in another way. Some people believe if you’re not living in a mansion, driving expensive cars, and spending lavishly, then you are not rich, but I don’t see it that way. Anyone I see can get themselves the necessary things they need.

In general, wealth means a lot. There are rich people in terms of money, but not rich in true friends. As for others, even if they are not rich in the state of their lives, they are rich in true friends and family.

But if we talk about it literally, being rich is when you have stable businesses that produce money in them; in short, there are many standing businesses and companies. Besides that, everything you want you can get with the money you have. From cars, jewelry, gadgets, and other material things.

This is a simple question but the answer is complex. We, who are common people, can define wealth differently. To be rich, I don't just emphasize money, but I think it is also necessary to have knowledge. Although knowledge is not directly related to getting rich but if I talk about getting rich in all aspects of life then this should also be given priority. But most people would think that having lots of money is the only way to be rich. That is, a person is considered rich if he is able to do whatever he wants with money. But besides being financially self-sufficient, those who can lead at every level in life are rich people.

Personally, I think being rich equates to achieving financial freedom. Of course, having a lot of assets and investments and free from all debts are also included on this. But for me, the best way to describe a rich person is someone who does not have to worry about money anymore. Because he is aware that he is already financially capable and stable. For me being rich, is not always defined by the materials things that we see, like having luxurious house and expensive cars. Because there are rich people who are not into material things and that they prefer simple things. I think being rich also talks about sustainability, if the future of your family is already secured in terms of education and their quality of life, and that you know that it will last for lifetime, then I think you should be considered as rich by then.

Living comfortable and to be able to impact people's life this what it is to be rich. Some people claim to be rich but if you look the people around them expecially family members you found no trace of richness. Being rich is not just about much money in the account but how many lifes that can be transformed from the money and wealth you have. What I know is that being rich is beyond having numerous amounts of money in the account. Being rich is all about adding value to the life of people in one way, this is the meaning of being rich.

Rich can be defined differently from different perspectives as well. Many view wealth from the point of view of the price/asset owned by a person or from a financial point of view.
Not arrogant, for me rich is when I need something easy to be realized. That is broad meaning, rather than being too complicated in explaining, the wealth that I am maximum is as long as I can bring happiness, that is the real wealth.

Yes in general it is like that, where wealth is our better living conditions than before, not feeling afraid in terms of basic needs in the long run, all needs will be easily met because we have above-average financial strength. For the problem of debt I agree with that, most of the time there is no pressure that we or they will feel the impact of debt itself, but for the problem of disease in my opinion is not included here, the disease will not see who the person is and whether the person is rich or not, still the disease is very likely to attack, this is more on a healthy lifestyle. Because it is not uncommon for us to see many rich people who turn out that one of the families has a fairly severe illness, so this is more about managing a healthy lifestyle even though basically they are sufficient for medical problems.

It is clearly different from those criminals in terms of finance, logically if they are rich people who are well-off then there is no way they will commit crimes such as theft and so on, one of their reasons in general is usually to fulfill their personal needs, they do it because they feel unable to change their own lives through the process as in general.

I love reading people's responses here, one from @stadus who quoted about Steve Jobs touched me, at the death bed what we do in life matters little.


There is a saying, 'health is wealth', if you don't have this wealth, materialistic wealth is useless.

Everyone has a different view of what rich is, and everyone has their own parameters to measure it against.
Now maybe in this case many people define wealth on possessions, yes that is not wrong. But I want to give my opinion from another perspective, like health for example. Yes for me when we have a lot of money but we have an illness, then that's not happy either.
I started to think like this, there are so many rich people in my neighborhood who have to go back and forth to the hospital, while simple people have very good health.
Maybe that's a little bit of my view on what wealth is like.