Have you ever driven past a mansion, or at least a house much bigger than yours and thought, "oh, they're rich!" What makes them rich? Is it the huge house? Or maybe it's the Porsche in the driveway that 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 what would you think if I told you that they actually had a mortgage on the house that they owed more on than the value of the house, they leased the Porsche, they had $100,000 in credit card and other debt, and they were continually going into debt further and further by $1,000 a month. Would you consider the rich now? In these situations you can easily see how someone can look rich on the outside and in fact be quite poor.
If you looked at that person at first and thought they were rich, you probably consider rich someone who has a lot of possessions. They have a lot of expensive looking things. This all depends on what your definition of rich is.
Have you ever thought of someone who has no debt, a paid off home, and a comfortable retirement savings put aside as rich? They don't live a wealthy lifestyle, but they could be considered rich because they are financially secure.
There is also wealth outside of money. Someone could be rich with friends, or rich with other emotions. This is rarely thought of as rich because wealth usually has a monetary value, but money 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!
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 what would you think if I told you that they actually had a mortgage on the house that they owed more on than the value of the house, they leased the Porsche, they had $100,000 in credit card and other debt, and they were continually going into debt further and further by $1,000 a month. Would you consider the rich now? In these situations you can easily see how someone can look rich on the outside and in fact be quite poor.
If you looked at that person at first and thought they were rich, you probably consider rich someone who has a lot of possessions. They have a lot of expensive looking things. This all depends on what your definition of rich is.
Have you ever thought of someone who has no debt, a paid off home, and a comfortable retirement savings put aside as rich? They don't live a wealthy lifestyle, but they could be considered rich because they are financially secure.
There is also wealth outside of money. Someone could be rich with friends, or rich with other emotions. This is rarely thought of as rich because wealth usually has a monetary value, but money 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:
Do you want to create wealth? You can do it hard work and dedication. You need to save whatever you can and should probably get a high interest savings account to get you started and to grow your savings even faster.
No comments:
Post a Comment