Post
Topic
Board Economics
Re: Does money make you rich?
by
charina
on 23/07/2018, 21:25:25 UTC
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
for me yes money can make us rich but it depends how much it was so someone can be called RICH, if your money is only enough for your day to day living then you can not be called rich...RICH are those millonaires, billionaires and still striving to have more...those business tycoons,,,those business magnates...RICH are those people passing their wealth to their heirs...