What do you think when you drive by a huge home or a mansion? What is the first thing that crosses your mind? Do you consider them to be rich? Is it the huge house or expensive cars that makes you think they are rich?
You think they are rich because of what they have. They must have a lot of money if they can afford expensive cars and a huge, beautiful house. You can't afford those things if you aren't rich.
Would your view of them changed if I told you they had two mortgages on their house and owed more than what it was worth, their fancy cars were all leased, they had $75,000 in credit card debt, and every month they spent more money than they earned? Now are they rich? They looked rich before, but now you can easily see that they are nowhere near it.
Either way you looked at it, the person who lived this life may not have been rich, depending on your definition of rich. When we think rich, we automatically think someone with a lot of expensive things and a lot of money.
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.
You could be rich because you are satisfied and content with your life or because you are loaded with money. Rich is a positive word and you automatically feel you need to be rich. Contentment in your life should be your ultimate goal and you should strive for happiness.
If you still want to have a lot of money, you can always get a really high paying job, save everything you earn, invent something everyone needs, invest in the next big thing before it gets big, or try many other ways to get there. Maybe, just maybe, you will someday be rich!
You think they are rich because of what they have. They must have a lot of money if they can afford expensive cars and a huge, beautiful house. You can't afford those things if you aren't rich.
Would your view of them changed if I told you they had two mortgages on their house and owed more than what it was worth, their fancy cars were all leased, they had $75,000 in credit card debt, and every month they spent more money than they earned? Now are they rich? They looked rich before, but now you can easily see that they are nowhere near it.
Either way you looked at it, the person who lived this life may not have been rich, depending on your definition of rich. When we think rich, we automatically think someone with a lot of expensive things and a lot of money.
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.
You could be rich because you are satisfied and content with your life or because you are loaded with money. Rich is a positive word and you automatically feel you need to be rich. Contentment in your life should be your ultimate goal and you should strive for happiness.
If you still want to have a lot of money, you can always get a really high paying job, save everything you earn, invent something everyone needs, invest in the next big thing before it gets big, or try many other ways to get there. Maybe, just maybe, you will someday be rich!
About the Author:
Are you looking to create wealth? It can be done hard work and originality. 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.
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