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Scraped on 23/07/2025, 02:52:45 UTC
What being rich means is a constantly changing goal because of the central banks. Thirty to forty years ago or longer becoming a millionaire was a big thing and would be a milestone that says you have made it. Now being a millionaire is nothing. Nobody back then could have imagined that life would become so expensive even if you owned your own house or apartment. Now to be rich you need both assets that lower your living costs but also assets that generate money for you passively. To make it worse now this is not even guaranteed to give you freedom. You must try to grow the passive income or the rising cost of living will eventually catch up and force you back to work.
Plenty of them don't stress about money even if they should, but they only do when a big emergency wakes them up. If we all redefine words to suit our own stories we won't get anywhere. This is not what being rich means.
- When you are in a developing country ruled by corruption politicians and beauraucracy, either you are entrepreneur or employee, you can never feel secure.
- More time for myself and my family + as much money to secure my family.
All Western countries are very corrupt so it is not a problem of developing countries at all, but it is currently a problem of all countries. Politicians in the developed countries are just more educated and skilled in hiding corruption through legal infrastructure. That's the only real difference. Something like I help you get that big deal and soon after someone's stupid wife gets a executive job at a relatively big NGO. 
For me, being rich means having freedom like being able to do what you want, enjoy time with your family and not stress about money.
According to you many poor people are actually rich. Plenty of them don't stress about money even if they should, but they only do when a big emergency wakes them up. If we all redefine words to suit our own stories we won't get anywhere. This is not what being rich means.So I ask you:
- Has your life changed with the "growth" of your country?
- Do you feel more secure, or less?
- If you could choose, would you want more money, more time, or more trust in people?
- Absolutely not. As i live in a developing country, economic growth means less national dept and less national expanses. It did never mean more investments or less joblesssness. - Has your life changed with the "growth" of your country?
- Do you feel more secure, or less?
- If you could choose, would you want more money, more time, or more trust in people?
- When you are in a developing country ruled by corruption politicians and beauraucracy, either you are entrepreneur or employee, you can never feel secure.
- More time for myself and my family + as much money to secure my family.
Original archived Re: What Does "Being Rich" Even Mean Anymore?
Scraped on 23/07/2025, 02:48:02 UTC
What being rich means is a constantly changing goal because of the central banks. Thirty to forty years ago or longer becoming a millionaire was a big thing and would be a milestone that says you have made it. Now being a millionaire is nothing. Nobody back then could have imagined that life would become so expensive even if you owned your own house or apartment. Now to be rich you need both assets that lower your living costs but also assets that generate money for you passively. To make it worse now this is not even guaranteed to give you freedom. You must try to grow the passive income or the rising cost of living will eventually catch up and force you back to work.
Plenty of them don't stress about money even if they should, but they only do when a big emergency wakes them up. If we all redefine words to suit our own stories we won't get anywhere. This is not what being rich means.
For me, being rich means having freedom like being able to do what you want, enjoy time with your family and not stress about money.
According to you many poor people are actually rich. Plenty of them don't stress about money even if they should, but they only do when a big emergency wakes them up. If we all redefine words to suit our own stories we won't get anywhere. This is not what being rich means.