What does Rich mean to you?
What do you think when you pass a mansion? You know what I am talking about. You drive by one of those incredible huge and beautiful homes and just can't seem to get by without thinking they are rich. What gives it away?
To you they are rich because they possess things of apparent wealth. A large house and a fancy car cost a lot, so they must have a lot of money in order to afford it.
Now I am going to tell you something that may surprise you. That person could very well be in $100,000 of credit card debt, have a mortgage where they owe more on the house than it's work, are leasing the cars, and keep going into debt further and further each month. If this was the case, you couldn't consider them rich any more. They looked rich until you actually new their situation.
No matter how you look at it, that person wasn't rich. Then again, this depends on what you consider rich. If you thought that person was rich it was because you think you have to have lots of expensive possessions in order to be rich.
What about someone who has no debt, a paid off home, and a comfortable retirement savings put aside. Would you consider this person rich? They don't live a rich lifestyle, but they have financial security and could be considered rich for it.
Then there is the thought of rich aside from money. Someone could be rich in friends, or rich in happiness. This type of 'rich' thinking sometimes sounds like a copout, but ultimately, being rich isn't everything.
Whether you are rich because you have a lot of money or you are rich because you are satisfied with your life doesn't matter. Rich sounds like a positive word and you automatically feel you need to be rich. Contentment in your life should be what you strive for and happiness.
If you still want to be wealthy and have a lot of money, you can always get a really good paying job, save every penny you make, invent something everyone must have, invest in the next big thing before it gets big, or try many other ways to get there. Good luck, and I hope you see the riches you've always dreamed of!
To you they are rich because they possess things of apparent wealth. A large house and a fancy car cost a lot, so they must have a lot of money in order to afford it.
Now I am going to tell you something that may surprise you. That person could very well be in $100,000 of credit card debt, have a mortgage where they owe more on the house than it's work, are leasing the cars, and keep going into debt further and further each month. If this was the case, you couldn't consider them rich any more. They looked rich until you actually new their situation.
No matter how you look at it, that person wasn't rich. Then again, this depends on what you consider rich. If you thought that person was rich it was because you think you have to have lots of expensive possessions in order to be rich.
What about someone who has no debt, a paid off home, and a comfortable retirement savings put aside. Would you consider this person rich? They don't live a rich lifestyle, but they have financial security and could be considered rich for it.
Then there is the thought of rich aside from money. Someone could be rich in friends, or rich in happiness. This type of 'rich' thinking sometimes sounds like a copout, but ultimately, being rich isn't everything.
Whether you are rich because you have a lot of money or you are rich because you are satisfied with your life doesn't matter. Rich sounds like a positive word and you automatically feel you need to be rich. Contentment in your life should be what you strive for and happiness.
If you still want to be wealthy and have a lot of money, you can always get a really good paying job, save every penny you make, invent something everyone must have, invest in the next big thing before it gets big, or try many other ways to get there. Good luck, and I hope you see the riches you've always dreamed of!
About the Author:
Do you want to create wealth? It can be done with lots of hard work and dedication. You must save whatever you can and should probably get a high interest savings account to get you started and to make even more money.
posted by Credit Counseling at
12:19 AM
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