Showing posts from April, 2009

How Do You Define Rich?

So what exactly does it mean to be "rich"? Is it a specific level of income per month, or per year? Is it when your net worth (assets minus obligations) reaches a certain pre-defined threshold? Is it a "lifestyle", that may or may not have anything to do with how much money you actually have? To be honest, I really don't know exactly how to pin down a really good definition of rich. One thing's for sure though, it sure does seem like most of us spend an inordinate amount of time and energy obsessing over the idea of BEing rich some day. Here's something to chew on ... What if we are already rich , but don't even realize it? What if being rich, while still involving money, has nothing to do with exactly how much you actually make? Here's my definition: You are Rich when you have Freedom From Money . Think about that for a second ... It could be argued that the financial crisis our country is currently undergoing was caused by people with a lot