| When are you Seriously Rich? |
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Rolo
Yo' Daddy
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hehe, Handicap.
Ima not pickin' on you, ThinkBig, just I hear a lot of people say what you have said, so Ima pickin' on the idea...
quote:
Originally posted by ThinkBig
Being "Rich" is just a state of mind.
This is a money board, not a mental health board; we're talkin' financially rich, not metaphorically rich.
Example of state of mind: ask a table of John Q's what they would do if they won the lotto. Let the conversation go and in about 20 minutes you will see completely different personalities, usually for the worse. Did 'money' change them, or did it merely let them show who they really are?
quote:
Originally posted by ThinkBig
"I mean, if you think you need a mill to be rich... and you now have $20k... you probably will never experience riches -- and you'll always feel frustrated (that is if you define wealth by society's CLICHE dollar figure like a mill)."
Why would someone with $20K 'never experience riches'? At one time I had only $20K--in fact, I had NO 'K' for quite a while--but fully intend to retire earlier than most and wealthier than most.
Also understand that $1M today is NOT what it was yesterday, nor will it be tomorrow, due to inflation. My projections treat $5M today as $1M at my retirement age, and that is my minimum.
quote:
Originally posted by ThinkBig
There are many millionaires that have no type of family life or even any REAL friends that are still searching for the RICHES of life.
How do you figure?
There are many average, non-millionaire types who fit your description as well. In fact, I would say the average person is more prone to fit your description than millionaires.
I will also assert that money does not dictate a person's morality, but rather, the other way around. (heh heh, GRENADE!  )
The typical millionaire (which is NOT what you see depictied on TV) has a strong family life. They are pretty boring, responsible, self-disciplined people.
quote:
Originally posted by ThinkBig
Having all the money in the world would never be as comforting as knowing that there are people in this world that truly love and care for you.
Some of us, and I think this is becoming more prevalent in our society, are unable to experience that mushy feeling stuff. My experience is that 'good intentions' ('love and care') are about as valuable as MCI stock (worthless).
quote:
Originally posted by ThinkBig
But on the other hand their are people that the most important thing for them in life is..how much money they have.
It is the one thing that influences every area of your life, so yes, I would consider it the most important thing, second only to obedience to G-d.
"Expect me when you see me."
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Sun Sep 18, 2005 5:13 pm |
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! amelie !
First Time Poster
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So...being rich varies from one generation to another..
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Sat Oct 22, 2005 5:40 pm |
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utrnewsletter
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the more mooney you have to more problems you will have.. i believe someone with 100k can be more happy then someone with 50million
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Tue Dec 13, 2005 9:48 pm |
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Rolo
Yo' Daddy
Cash: $ 309.70
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Location: Colorado/Florida
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quote:
Originally posted by utrnewsletter
the more mooney you have to more problems you will have.
How do you make that leap?
quote:
Originally posted by utrnewsletter
i believe someone with 100k can be more happy then someone with 50million
By your absolute statement above, a person with no money should be the most happy.
quote:
Originally posted by coaster
Happiness is not correlated with wealth. Happiness is a state of mind.
...And wealth has an impact on the state of mind!
quote:
Originally posted by coaster
And I would add to that when you don't have to worry about anything. Because you're confident you have the financial resources to take care of anything that might come up.
"Expect me when you see me."
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Wed Dec 14, 2005 11:36 pm |
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georgess
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You can not buy everything with money so it is not good to have it to much.
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Fri Dec 16, 2005 9:13 pm |
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Rolo
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quote:
Originally posted by georgess
You can not buy everything with money so it is not good to have it to much.
Like what?
Love? Money makes it easier...and not having money can make it a no-go.
Health? Ditto.
"Expect me when you see me."
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Sat Dec 17, 2005 1:03 am |
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Rolo
Yo' Daddy
Cash: $ 309.70
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quote:
Originally posted by coaster
but it can't buy love.
I didn't say it could buy it, but I am saying it plays a critical role in having it.
"Expect me when you see me."
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Sat Dec 17, 2005 2:14 am |
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consultantalya
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if you read a forum topic like this means you are not rich.that is me, if you need to mention someone.
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Sun Jan 15, 2006 8:52 am |
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auggyf
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There has been plenty of research into this. Just to select a couple:
"The Happiness of Nations" http://www.nber.org/digest/jan06/w11416.html
http://www.fool.com/news/commentary/2003/commentary030923DY.htm
For people that are very poor, money correlates very well with happiness. Being able to afford things like medical care, food and clean water really help. Over a certain level (perhaps between an income rate of 30K-60K in this country), it is less clear that money is correlated with happiness. Some people say the correlation is slightly positive, others slightly negative, and others say they aren't correlated.
As already mentioned, this is not just about economics (how much resource do you have in our society), but is psychological (what makes you happy?) and sociological (what societal expectations are placed on you, or how are your interactions with others affected by changes in wealth?). Overall, it is a question that makes me want to go back to school to do research in social sciences 
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Sun Jan 15, 2006 6:41 pm |
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roger76
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| Rich is cannot be measured by amount of money you have |
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Hi Andrew and guys,
To me, rich is a not a measurable word. What are we defining rich with ?
Rich with money or financial freedom
Rich with time freedom
Rich with very good relationship with family and friends
Rich with very good knowledge,wisdom and experiences
Rich with spritual thinking
Rich with very strong religion beliefs
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And rich is subjective ! Different people see RICH differently.
You guys are right! Money is can be and also cannot be equal to happiness.
One example of rich but not happy:
I have seen a milionaire cried during a realisation seminar. People ask her,"why do you cry so badly? You have financial freedom. What is it that is bothering you? " Her answer is," I miss my mum who past away while I was busy building my wealth. I promised to give her a big house and good living, but she didn't have a chance to see it. And I miss important time with her while I am building my career. "
To measure rich associating with money, you have to ask the other, "how much richer in cash do you have compare to me?"
or "how much richer does Bill Gate has compare to Alan Greenspan? "
You will never able to measure correctly for rich associating with time, relationship, spritual thinking, knowlege, wisdom, experiences, religion. Because they are just not quantifiable.
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Thu Jan 26, 2006 5:22 am |
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JBendar
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| When Are You Seriously Rich? |
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It all depends on your perspective. Rich in material things is one point of view. It is also hard to measure. Those individuals who have lived without material things all their lives consider themselves rich in the fact that they are alive and have families who support them. On the other hand those lucky folks who came from wealth and never had to exert effort for anything consider themselves rich. But are they really rich. Sometimes their lives are in shambles. They squander their money without really thinking about it. In my situation, I believe that I am rich in many regards other than material things. I am fortunate to be alive, have a family working with me through good times and bad, and have enough income to cover my expenses. Of course everyone strives to live a better lifestyle. It would be nice though, to have enough money to do what I wanted to do at any time.
JBendar 
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Fri Mar 10, 2006 4:23 am |
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joemeca
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when you are one of the 793 billionaires of the world and have a spot on forbes annual magazine dedicated to you 
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Sun Mar 26, 2006 3:37 pm |
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dimp11
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it is very difficult to earn this huge money. gorget it
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Mon Apr 17, 2006 5:13 pm |
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dan1st
Contributing Member
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Joined: 06 Apr 2006
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I don't need to be seriously rich.
Just rich enough so that I don't have to worry about money anytime...
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Tue Apr 18, 2006 2:29 pm |
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Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
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quote:
Originally posted by joemeca
when you are one of the 793 billionaires of the world and have a spot on forbes annual magazine dedicated to you
HAHA LOL!
Good grief..enough with the euphamistic "Well you're truly rich when...{insert mushy crap here}"
THIS IS A MONEY BOARD! 
"Expect me when you see me."
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Wed Apr 19, 2006 3:09 am |
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