The Difference between the Rich and the Wealthy

in Project HOPE4 years ago

According to Robert Kiyosaki the popular author of the book Rich Dad Poor Dad, the rich always have lots of money to show while the wealthy do not have to worry about money.

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Someone who is rich has the ability to drive a very expensive vehicle, live in a luxurious home, wear the most expensive clothes and eat the best of foods just living life in a large way every day. We see examples of rich people in our society all the time, they are the ones who spend the most at parties, they use the most expensive jewelleries, they travel for vacation almost all the time but there is no strong root for that money and after some time it looks as if the money has disappeared.

In my own area, people begin to ascribe the loss of money of such an individual as a spiritual problem, believing that some misfortune has made him loose his money and technically, he lost his money because he was unable to think like the wealthy instead he was living rich. Haven’t you heard stories of top celebrities that show off their extremely luxurious lifestyle on their Instagram page? The moment their fame goes down, it appears that their fortune also goes down, this is because they have refused to possess the mind the attitude of a wealthy person when the money was flowing in.

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The wealth of a man is described by his ability to be able to live a luxurious lifestyle (If he wants) without necessarily working round the clock this means that he has the money to take care of his needs and his household even if he does not work for the rest of his life. Wealth is described by having money work for you instead of working for money, the persons who possess true wealth have made necessary investments and have so much returns coming in for them on a regular basis while they conveniently live the type of lifestyle they desire.

A rich person who lost his job today might fall back to become an average person within the space of few months but a wealthy person even if he lost his job will remain self-sustainable for a life time without any trouble. Most wealthy people do not even lose their jobs, they only choose to retire because they create the jobs.

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I am presently rereading Rich Dad, Poor Dad and the lessons remain timeless. Thanks for sharing these valuable tips.

the wealth is in enjoying and enjoying what is done.Since you have a focus and you are centered, you can achieve financial, mental, and spiritual wealth in life.
Very good advice you offer.

in this century the definition of rich has changed and the best value to accumulate is time and that time must be supported by a comfortable lifestyle. the rest is a kind of life where consumption and excess is its main attraction.

Your example of celebrities lavish lifestyle on instagram is spot on. The different between a rich man and a wealthy man is the mindset. Rich men care mostly about the lavish lifestyle that people see, the luxury. However, a wealthy man only wants to grow and keep growing because he is sure he can live the lavish lifestyle at any moment. If he wanted.