What is YOUR definition of rich?

85 replies
I have seen a number of people recommend books, many with the word 'rich' in them.

So what is YOUR definition of rich?
#definition #rich
  • Profile picture of the author kennyk3
    To me, being rich is having enough money to provide for my basic needs, enough for me not to have to work a "regular" job and enough to be able to spend on travel and leisure comfortably.

    Though I wouldn't mind being a millionaire, it wouldn't' take millions for me to do this.
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    • Profile picture of the author LiamElliott
      Similarly to kenny, i believe that being rich is having more money than it takes to live your life the way you want. You could also call it "having more money than you know what to do with."

      Wealth, on the other hand is a whole different story. I aim at wealth rather than riches. Wealth goes much deeper than just money.
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      • Profile picture of the author PatrickP
        Originally Posted by LiamElliott View Post

        Similarly to kenny, i believe that being rich is having more money than it takes to live your life the way you want. You could also call it "having more money than you know what to do with."

        Wealth, on the other hand is a whole different story. I aim at wealth rather than riches. Wealth goes much deeper than just money.
        Would wealth be a larger amount of money or more steady income?


        For example a person who is making say $600K per year, year in and year out is wealthy or rich? Or perhaps neither if their bills are more than that.

        What if a person won a lottery and received a one time pay out of 15 million is that rich? How about wealthy?
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  • Profile picture of the author Lasse Borg
    My definition is: Freedom.
    That's what most people are dreaming of, that's what it comes down to - being free to do what you, when you want, where you want and with whom you want.... and it usually starts with financial freedom, although it is the personal freedom/freedom of choice that will make us happy. Hope it makes sense.
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    • Profile picture of the author Faithblaster
      Originally Posted by Lasse Borg View Post

      My definition is: Freedom.
      That's what most people are dreaming of, that's what it comes down to - being free to do what you, when you want, where you want and with whom you want.... and it usually starts with financial freedom, although it is the personal freedom/freedom of choice that will make us happy. Hope it makes sense.
      Yeah man, I definitely agree with you. Freedom is a main part of riches. The second part, by my opinion, is positive mindset and hapiness in soul. Which I think is not too hard to get with financial freedom.
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  • Profile picture of the author Jonathan 2.0
    I always liked the book title: “You Were Born Rich.”
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    • Profile picture of the author adrwcav
      Speaking purely financially you should take a look at Dennis Felix's book How to Get Rich. He breaks down different levels of rich. I think he refers to needing at least $30-60 million before you can be really classified as rich. Cool topic btw
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      • Profile picture of the author PatrickP
        Originally Posted by adrwcav View Post

        Speaking purely financially you should take a look at Dennis Felix's book How to Get Rich. He breaks down different levels of rich. I think he refers to needing at least $30-60 million before you can be really classified as rich. Cool topic btw

        What is YOUR definition of rich?
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        • Profile picture of the author adrwcav
          Originally Posted by PatrickP View Post

          What is YOUR definition of rich?
          I think I'd say $25m of invest-able cash
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          • Profile picture of the author The Niche Man
            Financial, Mental, Emotional, and Physical Health - Covered With Family who loves and supports you. That's what I call rich - a "Balanced Life".
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            • Profile picture of the author PatrickP
              Originally Posted by The Niche Man View Post

              Financial, Mental, Emotional, and Physical Health - Covered With Family who loves and supports you. That's what I call rich - a "Balanced Life".
              SWEET! I am loving this answer.

              Completely hit me out of left field. Very cool Niche Man!
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    • Profile picture of the author s2n4life
      Originally Posted by Jonathan 2.0 View Post

      I always liked the book title: "You Were Born Rich."
      I will have to check out that book...because I do Love the Title... Is that written by Bob Proctor? He has always been a big inspiration to me....
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      • Profile picture of the author Jonathan 2.0
        Hi s2nrlife.

        I haven't actually read the book. (Just liked the title.) It is authored by Bob Proctor. Seems like it's available from his website.

        "you were born rich" - Google Search

        Cheers.
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  • Profile picture of the author hardraysnight
    Being able to get the bus one day a week instead of walking all the time
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  • Profile picture of the author georgedinmore
    Being able to provide for my family, my wife and myself.

    Having a bit to save afterwards, then anymore would be a bonus.
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    *edit

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  • Profile picture of the author Renavon
    As someone said earlier, being able to pay all bills, and have the money to do everything you want. Although rich could be said to be past a particular point of yearly income, i believe that if a person truly has the money to do everything they want to do, then they can classify themselves as rich.
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  • Profile picture of the author Jonathan 2.0
    When I'm feeling unhappy about things sometimes I stop for a moment and think of all the amazing things I do have.

    From my Blog:

    http://www.warriorforum.com/blogs/jo...-grateful.html

    “If you have food in your fridge, clothes on your back, a roof over your head, and a place to sleep, you are richer than 75% of the World.”

    “If you have money in the bank, your wallet, and some spare change, you are among the 8% of the World's wealthy.”

    “If you woke up this morning with more health than illness, you are more blessed than the million people who will not survive this week.”
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    "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
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    • Profile picture of the author PatrickP
      Originally Posted by Jonathan 2.0 View Post

      "If you have food in your fridge, clothes on your back, a roof over your head, and a place to sleep, you are richer than 75% of the World."

      "If you have money in the bank, your wallet, and some spare change, you are among the 8% of the World's wealthy."

      "If you woke up this morning with more health than illness, you are more blessed than the million people who will not survive this week."

      WOW that hit hard!

      Thanks for posting this man!

      REALLY puts things into perspective right?

      GREAT post, much appreciated.
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      • Profile picture of the author Jonathan 2.0
        Originally Posted by PatrickP View Post

        GREAT post, much appreciated.
        No probs. : )
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        "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
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  • Profile picture of the author theory expert
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    The definition of rich seems to be whatever you want it to be.
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  • Profile picture of the author PatrickP
    Yes for sure bro!

    That is why we started this thread to as YOU what YOUR definition is.

    Sooooooooooo what is YOURS?
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  • Profile picture of the author durant0704
    The ability to not have to wake up at 4 am to go to work to provide food and shelter to family.
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  • I agree with most people above. Being RICH for me is being to live without any financial troubles and by providing myself and my family the daily needs. I'd rather have enough than have nothing at all.
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  • Profile picture of the author tarad
    I would say being rich is having enough money to cater for your needs even if you never work again for the rest of your life.
    But! a Man can be rich and could still be unsuccessful in life, lack Joy, Peace, and true happiness.

    Whereas when a Man is 'wealthy' - its the whole package; you're happy and mostly don't have any regrets. If they took you to another country, no matter the exchange rate there, you'd still be wealthy. lol

    Safe to say, when you're wealthy you are rich, But one can be rich and not be wealthy.
    It's that easy!
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  • Profile picture of the author charidemos
    I think money is really helpful in regards to taking off your mind and energy worrying about daily expenses. This allows you to be more creative and go for other, bigger pictures things
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  • Profile picture of the author Hulk Hawking
    For me Rich is in our heart. Im happy and thats what i m rich.
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  • Profile picture of the author SUPER Louie
    Rich people have a lot of money. Wealthy people have money and the skills to make money.

    Aim to be wealthy rather than be rich
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  • Profile picture of the author PatrickP
    Couple interesting things.

    Most commercials on tv and WSOs speak about have LOTS of money. LOTS and LOTS very fast BUT it seems most people are just seeking the freedom that comes from being able to pay your bills and have a little extra.

    The other thing that is interesting to me is even when asked what THEIR definition is of wealth they quote other people, books, gurus etc. hmmmmm
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    • Profile picture of the author millionair3
      My definition of rich is being able to buy anything that i want freely after all my bills are paid and my business expenses taken care of, this includes buying ferraris and a retiring my parents.
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    • Profile picture of the author Mary McLean
      Originally Posted by PatrickP View Post

      Couple interesting things.

      Most commercials on tv and WSOs speak about have LOTS of money. LOTS and LOTS very fast BUT it seems most people are just seeking the freedom that comes from being able to pay your bills and have a little extra.

      The other thing that is interesting to me is even when asked what THEIR definition is of wealth they quote other people, books, gurus etc. hmmmmm
      This really makes you think!
      I used to think rich and wealthy were the same, until recently.
      A lot of money, was rich to me back then, because I associated money with riches.
      If we are speaking of the monetary riches vs wealth thing here and not the spiritual then I think (this definition only pertains to me)...

      rich is an amount of money someone has that allows them great amounts of personal freedom, whereas wealthy, to me, is the ability to create vast amounts of riches and build formidable assets from those riches.

      eg...Warren Buffert and Bill Gates are Wealthy, where as our local TV stars are rich...
      That's not as good a description as I could think of on the run, but that's what it seems/means to me!
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  • Profile picture of the author janicelou
    I have not been able to come up with a better list than Napoleon Hill...

    1. A positive mental attitude. Be aware of the fact that it heads the list.
    2. Sound physical health.
    3. Harmony in human relations.
    4. Freedom from fear.
    5. Hope for future achievements.
    6. The capacity of applied faith.
    7. Willingness to share ones blessings with others.
    8. To be engaged in a labour of love.
    9. An open mind on all subject towards all people.
    10. Complete selfdiscipline.
    11. Wisdom with which to understand people.
    12. Financial security. Be aware of the fact that this is LAST on the list

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  • Profile picture of the author uebomoyi
    Financial freedom to do whatever you want, a good family and a life that you created from hard work.
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  • Profile picture of the author pigmatic
    Doing whatever i want, whenever i want and don't care about money. It's that simple.
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  • Profile picture of the author NickWatson
    My idea of Rich also revolves around "Freedom" - To me "rich" is when the assets I own pay for my way of living, without my intervention! And as I increase my lifestyle and expenses, i simply grow my assets to take care of the bills....now thats true freedom!

    An interesting book on the subject is the all famous Rich dad Poor Dad from Robert Kiyosaki
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  • Profile picture of the author PatrickP
    I agree Joshua having money definitely makes those other areas much easier to maintain as you have more time to work on them.
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    • Profile picture of the author coachkat
      Rich equals the freedom to do what I want when I want with who I want, and the financial stability to support it. In doing so, having love and support from family and being able to contribute to society with what I learn in life.
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  • Profile picture of the author Chad Markus
    More money more problems, don't overshoot your number its not needed
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  • Profile picture of the author PatrickP
    WHAT?

    I have MUCH more money than I did just a couple years ago and my problems are down to about zero.

    Then again when I didn't have money I didn't look at things as problem but more as a potential opportunity.
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  • Profile picture of the author Kelsy Scott
    Being rich to me is not ever having to worry about money.
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  • For me, rich means being happy. And that's it. To feel rich everyday, even when your broke, is a gift!
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  • Profile picture of the author hitmobi
    My definition of 'rich':

    Knowledge in things that really interest me and bring value to the world. No one can take that away from me. If i lose all of my money and 'toys' - i can always get them back by applying the knowledge i've gained throughout the years. That's a real fortune.
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    • Profile picture of the author skyzlinez
      For me, it is..hm something like this :
      Have my own flat
      A decent car ( i dont need 4x4 which cost 200 000 euros, thats bullcrap, and u only need to worry did somebody stole it )
      Travel every summer on vacation at decent hotel ( i dont need expencive hotels like in Dubai, croatian 4 star hotel is just enough )) )
      Have enough money to buy my self every now and then some new tshirt, watch or something like that
      Have enough money to buy present for my family ( birthdays, xmas, newyear...)
      Have enough money so i can come to a groceries store and buy what ever i want and need, without asking my self do i have enough money in my pocket or on my credit/debit card

      But, also a very important thing to me, is happines, its great to have money, it open you a lot of doors, but if you are not rich inside your self, you wont be happy with your money at all

      But i will never say i have enough money either

      Ahhh, thats so complicated :S
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  • Profile picture of the author juninhop
    if you live in the house that you want, and you can afford to take a vacation anywhere you want...HOWEVER, you MUST also have a considerable amount of freedom to do what you want. If you have a lot of money, but are stuck at your job then its no good.

    Also, you wouldn't be "rich" unless you had family and loves ones around you who you deeply cared about and vice versa.
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  • My Thought of being Rich :
    If you have financial freedom, and you can do whatever you want anytime.
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    • Profile picture of the author Exel
      Originally Posted by Red Shield View Post

      My Thought of being Rich :
      If you have financial freedom, and you can do whatever you want anytime.
      I like your definition, but it needs to be complemented by your inner realization
      that you have financial freedom and can do whatever you want.

      If you don't grasp that, you will always reach for something you don't have
      and never be truly satisfied and happy.
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  • Profile picture of the author zannix
    You're rich once your passive income covers your living expenses.
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  • Profile picture of the author jrgattison
    Early in life I wanted to be a "millionaire"and have a big house and have a few fancy cars. The "reality" set in and I pushed those "dreams" away thinking it wouldn't be possible.

    Then I picked myself up and dusted myself off and started looking in to what I really wanted. I still want the house although I've defined it more clearly, I still want the cars (I don't really want them I just want to see what a $200,000 vehicle feels like to drive) but I have pushed the "millionaire" status to the side.

    I have found that I can do the things I want to do and have the things I want to have all without becoming a "millionaire".

    All I need is money passively (or with little time involvement) coming in to pay my expenses and a little extra and I'm "Rich".

    Now listen, I'm not just blowing air and dreaming. I am working towards that which I desire and results are happening. Whatever rich is for YOU, make the decision today to work towards it.

    Also read the book :The 4 hour work week by tim ferris. It is definitely helping me achive my goals and gain a new perspective.
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  • Profile picture of the author Kaysa
    This one is easy.

    I would like to recommend you the book "Rich dad, Poor dad". In it the author Robert Kiyosaki said. "Being rich its when your passive income its greater than your living expenses". Also he says "You can be rich by cutting out your expenditures and incrementing your assets"

    In the book that I'm actually reading (the richest man in babylon) it is said this one same principle on how to be rich.
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    • Profile picture of the author Anna1956
      My definition of 'rich' is, that I have enough money for my family and myself to live reasonably comfortable and still have plenty of money to share with others. I also want to give as much money as I can to animal welfare organizations. My goal is to be one of the main sponsors of the monkey sanctuary in the Netherlands, where I live.
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  • Profile picture of the author supershoesclub
    I do think we couldn't consider rich mean to have millions of money.It is just a luxurious life we may spend. but the important thing for us is:health and happiness.if we hav these,we should be rich...
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  • Profile picture of the author jonatan
    Rich, when it comes to money, I would say is having more then enough..
    Rich in life? That is having a family that loves you, friends that care about you and having inner pace, whatever that means to you
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  • Profile picture of the author kmids
    I never buy books with the word RICH in them, even if they have good infomration it's emberassing to buy. Looking liek a hack. I consider rich to be a person who has enough money to have what they need and some of what they want.
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  • Profile picture of the author Devin X
    Banned
    To me being rich is having enough passive income to not only have your basic needs and leisure activities met, but enough passive income to reinvest into your community or other charitable forms of distribution.

    I believe true wealth carries great responsibility with it.

    (which is why its sad the ultra rich don't give back as much as they could)
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  • Profile picture of the author andy moore
    "He who is contented is rich"

    Lao Tzu quotes (Chinese taoist Philosopher, founder of Taoism, wrote "Tao Te Ching" (also "The Book of the Way"). 600 BC-531 BC)
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  • Profile picture of the author PatrickP
    What is YOUR definition of rich.

    I wonder if those who quotes others are more or less likely to become wealthy, rich or reach their goals than those who think more for themselves.
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  • Profile picture of the author Henri Lind
    Rich - for me, it means that i can afford myself what i want and when i want. That i dont have to work and i can basicly do what i want. And i can help my family,so they wouldnt have to work(at least not that much)
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  • Profile picture of the author scubasteve-cr
    Celebrities and professional athletes are generally considered rich.
    The guys that write their checks are wealthy.
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  • Profile picture of the author Dwalters
    to have an abundant supply of what ever resource you are describing, in terms of money, it simply means you have lots of money
    people often make this mistake
    they think that rich=happy
    which isnt really the case
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  • Profile picture of the author bizlinkx
    Originally Posted by PatrickP View Post

    I have seen a number of people recommend books, many with the word 'rich' in them.

    So what is YOUR definition of rich?
    I believe that being rich is more about how you feel on the inside then the numbers in your bank account.

    Being Rich to me equals time freedom- being able to do what I want when I want, without worrying about having to punch a clock.

    Great health - Being in good shape to enjoy the things I have.

    Great family life- Having love ones who are in your corner during good times and bad.

    Now, Don't get me wrong though I love having money in my bank account to do what I want to do whenever I want to do it.

    There's no feeling like it. I'm not super rich but i am comfortable. I like to shop and I dont lkike to balance my bank account so money is definitely a prerequisent of being rich
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  • Profile picture of the author scsheldon33
    To me, being rich is not just having lots of money but also having lots of experiences on life's journey
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  • Profile picture of the author italeads
    It is one thing to be rich. Rich being one can afford all the things he enjoys to limits that surpass most others although it can run dry in time. It's another thing entirely to be wealthy. Wealthy affords one to be careless for more time than one has to spend.
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  • Profile picture of the author dorianjohn425
    Originally Posted by PatrickP View Post

    I have seen a number of people recommend books, many with the word 'rich' in them.

    So what is YOUR definition of rich?
    Being rich is having abundant valuable resources and material possession
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  • Profile picture of the author Rukshan
    Having enough money for my needs and the Freedom to do anything
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  • Profile picture of the author marcusalphaeus
    Like many here, rich to me is financial freedom, and on top of that for myself, is the freedom to pursue activities that fulfill my potentials, and a life in line with my values.
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  • Profile picture of the author nabertracy
    Healthy and happy and you have it all....You can buy things you wanted!!!!
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  • Profile picture of the author Eduard Stinga
    For me, rich (financially speaking) is to be able to afford everything I need to lead a happy normal life. I would like to be able to follow my passions and to travel the world, without worrying about tomorrow. Of course, I would travel the world in a normal plane, not business class, and I wouldn't need any expensive yacht or 4 floors mansion, nor drinking wine which costs 4 figures.
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  • Profile picture of the author FrankoDharia
    I do not use the term rich. I use the term "economically independent" It means you do not need an employer to survive. That could mean you bring in $20K a year. Something like social security.
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  • Profile picture of the author Peter Gehr
    I just got back from a vacation in Fiji.

    I had a conversation with a man there who worked part time at the resort.

    I asked him, "Do you have a car?"

    He chuckled and replied, "Oh, no sir. I have a wheelbarrow."

    He expounded on that saying that he didn't need a car, in fact, he said he didn't really need a job either, and the only reason he was working was to save a little cash to visit relatives on a neighboring island.

    Other than that, he said he didn't need any money to exist and be happy.

    His village was surrounded by trees laden with tropical fruits, papaya, mangoes, jack fruits, avocados.

    Local vegetables grew wild around his house offering fresh carbs and greens on a daily basis.

    Coconut palms laden with varieties of coconuts dotted the landscape, and he fished every evening catching more fish than he could eat--so he shares it with the rest of the village.

    Explaining all this, he said to me with a smile from ear to ear, "We Fijians are blessed with abundant food all around us, and people come from all over the world to visit my island paradise...I am truly a rich man."
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  • Profile picture of the author Judy g
    it is said that The wealth of the mind is the only (true) wealth
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  • Profile picture of the author PatrickP
    ooooh I LIKE that!

    but what is your definition of rich
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  • Profile picture of the author russellacosta
    no need to worry if you are rich....
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  • Profile picture of the author Nathan2525
    Originally Posted by PatrickP View Post

    I have seen a number of people recommend books, many with the word 'rich' in them.

    So what is YOUR definition of rich?
    £10,000 passive income per month is a good start.
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  • Profile picture of the author stopper
    The first definition of rich I Ever came across was one who does not have to write down a budget and still does not get broke or run out of cash.
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  • Profile picture of the author JoreJjZ
    Being in love with my work, my lover(s), having a safe, secure home, being free, being healthy, being alive.
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  • Profile picture of the author focused
    Being rich is having the ability to buy all the luxury items you might desire, by
    simply writing a check. And that buy decision will have no adverse effects
    on your overall financial condition. Also, you won't have to agonize over that
    buy decision.
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  • Profile picture of the author aldentan
    My definition: Happiness, free of worry
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  • Profile picture of the author hireava
    Living comfortably with my loved ones. And being able to share something to those who are in need.
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  • Profile picture of the author steve24
    For me the definition of being rich is to have a big business and to have a lot of money..I was a supervisor of selling a product like roof pannel,parquet and säilytyslaatikko also known as storage box..But after that my the company got collapse and i did not get rich..sad but true
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    • Profile picture of the author Mr Bill
      Originally Posted by Lasse Borg View Post

      My definition is: Freedom.
      That's what most people are dreaming of, that's what it comes down to - being free to do what you, when you want, where you want and with whom you want.... and it usually starts with financial freedom, although it is the personal freedom/freedom of choice that will make us happy. Hope it makes sense.
      100% agree.

      Rich (in money) buys Freedom. Freedom is the ultimate goal. Being "rich" makes freedom possible. Enough money to be free is as good as "rich" will ever feel.
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  • Profile picture of the author GlenIris
    U should be Rich in terms of health n nt money....thn u can live ur life to d fullest !!!
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    Do Visit This Site For More Information on Chiropractic : http://www.glenirischiro.com/

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