When would you consider yourself "RICH"?
Written By 22Dollars on Oct. 9, 2007.
18 Comments
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A.) When I hit a certain monetary figure in total assets. (i.e., $1 million dollars)
B.) When my passive income exceeds my expenses thus giving me the luxury of never having to work again unless I choose too.
C.) Being "RICH" does not have anything to do with money at all. I consider my life "RICH" and I am in massive debt from college still :-)
Just curious as to what others think. I always hear people say "I want to be RICH!". I'll throw my 22cents in after hearing some responses.

Gnorb
Written Oct. 9, 2007 / Report /
Having enough money coming in (or in the bank) where I can live the rest of my life without having to worry about it AND have all the free time I want.
Monetary issues aside, richness is a life where I am free to create, and make a better world, a more beautiful world, because I work towards it.
"Man is born free, but everywhere he is in chains." J. J. Russeau
ErinR
Written Oct. 9, 2007 / Report /
I will be rich when I can afford to do everything I want to do (live well, travel, etc.) and have plenty left over to save for retirement.
I will be rich when my net worth exceeds $2 million.
I wholeheartedly agree with your statement B.
Josh
Written Oct. 9, 2007 / Report /
I'd definitely fall under C - being rich has little (if anything) to do with money. Some of the happiest people on the planet are extremely poor; some of the saddest people are extremely rich.
That isn't, of course, to say that I don't want to be able to make SOME money. I want to be able to provide for my family and buy the occasional book, but beyond that, I don't really care. If I had a lot of money (which I don't - I'm one of those college students who's quickly accumulating a mass of debt :-), I'd give it away.
Ozone42
Written Oct. 9, 2007 / Report /
B for me.
affisch
Written Oct. 9, 2007 / Report /
I'm B, but still in chains as everyone else ;-(
marsdentan
Written Oct. 9, 2007 / Report /
Mine is definitely a B. Being in this circumstance does not have to hit million dollar asset. I have seen people who earn 10k monthly claim to be financial free. It is how you manage your finance ultimately.
Michael
Written Oct. 9, 2007 / Report /
Rich in money and friends. (what's I'd like) Wait I didn't even answer the question. Shit. It's too early to say for me, I'm still in college.
RightOn
Written Oct. 9, 2007 / Report /
B all the way
JPhill
Written Oct. 9, 2007 / Report /
B for sure.
Gomeler
Written Oct. 9, 2007 / Report /
I'll consider myself to be rich when I can pay for food, housing, and necessities from a passive income (interest from investments) and my hobbies (blogging, building) can net enough income that I can live comfortably and buy all sorts of gadgets and cars. So long as my necessities are taken care of them I'll be "well off"
estarla
Written Oct. 9, 2007 / Report /
C, sans the college debt.
That's the mindset I'm trying to embrace, anyway. But in pure monetary terms, B ftw.
ErinR
Written Oct. 9, 2007 / Report /
I feel RICH because Rich is back!! (I know, I'm a dork.)
LorriM
Written Oct. 9, 2007 / Report /
I feel rich in many ways, with family, friends, my interests, etc. But, a little extra money to allow me the extra world travel I enjoy, and to buy that little cottage in the English countryside wouldn't hurt.
Joe
Written Oct. 9, 2007 / Report /
I'd go with "B"
Having enough passive income to pay the bills and have some fun would definitely make me feel rich.
Wealth brings the ability to have free time to help others and serve in your community, church, or around the world. By giving back to others, you can have a good share of those non-monetary riches that service brings.
Devin
Written Oct. 10, 2007 / Report /
Can I vote B and C? I can have a rich and fulfilling life without the money.. but I could enjoy that life a little more if I could do it without a 9-5 income.
Article19
Written Oct. 10, 2007 / Report /
C, I work for myself, have done all my life, and I can do what I want when I want.
Doing it with first class air travel would, I imagine, only make the waiting times at airports more comfortable and shopping in Sainsburys is nicer than Morrisons.
fray
Written Oct. 10, 2007 / Report /
B for me.
Having my family and friends around for the 'rich' emotionally part.
kineda
Written Oct. 10, 2007 / Report /
B all the way. :)