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 of money, who were so obsessed with making even more, that they participated in illogical, and possibly unethical schemes.

These people are not rich (even if those with millions in the bank). The pursuit of money controls their lives.

On the flip side, we all know people who might not possess vast amounts of material wealth, but always seem to have more than enough to live a comfortable life. They don't worry about money.

In my book, that's Rich.

Just my three pennies,
Todd

p.s. I've posted this quote before, but I think it's relevant to this post:
"True happiness is not having what you want, it's wanting what you have,




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