Quote from: Davian144 on June 21, 2023, 10:56:31 PM

And you also will not be considered rich by other people if you can only meet the basic needs to live life, because other people will consider you rich when you are able to get a new car, apartment, expensive clothes, and so on which indeed can also enter into basic needs for some people. For example, like the vehicle and residence that you mentioned, everyone definitely needs a vehicle even though it's not a new one and also a place to live like an apartment even though some people are just more comfortable with owning a house.

The definition of wealth is identical to what you convey and it is always impossible to calculate one person's wealth against another. I live in a humble neighborhood and most people are considered rich when they own houses, cars and expensive clothes, but when we live in a much more elite environment this wealth is truly priceless compared to what we have. Wealth in my view is the extent to which people can live comfortably, calmly and not get involved in debt everywhere, but when it comes to wealth with money, assets and companies it will be different again.

Others consider wealth to be whatever they own but are not involved in loan debt. For example buying a car, house and others by not having debt. However, people's views will always differ in defining wealth because there is always a comparative value between one person and another.

Quote from: Davian144 on June 21, 2023, 10:56:31 PM

This means that vehicles and housing have also become the main things for everyone to live more comfortably, even if you don't consider these two things as the main things because maybe you don't need them now. But someday, you will definitely need your own place to live and your own vehicle when you want to live a better life.

Vehicles and houses are necessities, everyone needs them now to support work and housing is a place to live that is much needed as a guarantee of a decent life. It's just that the difference between luxury or not can be adjusted to the amount of one's income and most importantly not forced to buy beyond their means.