What does it take to be considered “rich,” and how much should you earn to be “wealthy”?
Does the number really matter? These are questions that often come to mind when discussing personal finance.
The truth is, that being rich and being wealthy are two different things. You can be rich without being wealthy, and vice versa.
Being rich usually refers to having a larger income or owning highly valuable assets. When you’re rich, you can afford a luxurious lifestyle.
The other day I read a thread on the Stoicism subreddit about the relationship between money and Stoicism. The majority of the commenters didn’t buy that you could be Stoic and wealthy at the same time. Most folks don’t think the concept of a rich […]
According to the German philosopher Arthur Schopenhauer, “the two foes of human happiness are pain and boredom.” This is where inward wealth comes in. In today’s world, the latter is the biggest issue for us. In fact, the lives of so many people are so […]
One of the things I’ve learned about money is that you don’t need to be rich to feel free. You can design a life that gives you freedom, even without a very high net worth. Because, after all, most of us are driven by freedom, […]