Wealth vs. Riches: Understanding the Difference

The concept of wealth often conjures images of flashy cars and extravagant lifestyles. However, "The Psychology of Money" suggests a different perspective. True wealth isn't about what you see; it's about what you don't. It's having assets that earn while you sleep, providing you with the option to work because you want to, not because you have to. Wealth is silent, invisible; it's having a robust financial safety net that allows you to weather life's unpredictabilities without financial stress. This contrasts sharply with being rich, which is often just a snapshot of current income.