You are wealthy if your life is comfortable and happy. Many people have one without the other. A lot have neither.
I would like to be rich, as that makes a person’s life more comfortable. However, it is pretty hard to buy “happy.”
When it comes to being comfortable, the #1 most important thing is to get rid of all debt. Lots of people think buying expensive clothes and cars will make them happy but the bills just end up making them less comfortable.
