The Definition of Rich
A high income and a regular acquisition of expensive stuff do not necessarily make people rich. People may have a high income, but many won’t survive three months if they are suddenly without their high-paying jobs.
Being Rich is different from being Wealthy.
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Before assuming that you aren't rich, understand what "rich" means
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The wealthy
Most rich people do not flaunt their wealth: They don't live in high-class neighborhoods or drive expensive cars. They look like you and me.
The rich have a net worth of above $1 million. Most rich people got wealthy through a simple combination of earning an income,
Characteristics of the pseudo-affluent
The pseudo-affluent generally:
- They earn a high-income, but spend the majority of what they make.
- Wear expensive suits or carry expensive purses.
- Drive high-end luxury or sports cars.
- Really believe that rich people act rich.
It does not mean ...
The Definition Of A Rich Person
Someone rich is someone who has the prestige and social status that comes with living a lavish lifestyle. This definition ignores the fact that some rich people have their finances in disarray and live paycheck to paycheck or in debt.
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