What is wealth?

[CA renter]

Loved your post, Ricechex. 🙂

Those who are truly wealthy don’t need to prove anything to other people. Your father was right.

[UCGal]

Wealth is being able to afford your lifestyle and still have money in the bank.

I’ve known a few folks who fit the “millionaire next door” stereotype… leading moderate but comfortable lives – with the freedom to do whatever they want. My dad was one of these. Lived in a 2000sf tract home in UC – but circumnavigated the globe several times in his retirement. With lots of shorter trips in between these 3-4 month trips. He paid cash for it all. If he wanted some new electronic toy, he had the money to buy it with cash. But he wore clothes that were less than fancy, the house was well maintained, but not upscale, he rarely ate out.

Yet I would consider my father wealthy because he had total financial freedom. He may not have had a beach front mansion nor mercedes, but he had everything he needed for a very content life with no debt and cash to do the things he was passionate about: 4wd trips to baja and travel around the world.

I aspire to his wealth. I bought the house from him – it’s still not fancy – but suits our needs. I’m working on getting the cash reserves and mortgage retired to live the wealthy part – no worries about money and freedom to travel or do whatever my passion is.

Fancy stuff doesn’t represent wealth. Freedom from worries about money is wealth.

[UCGal]

Wealth is being able to afford your lifestyle and still have money in the bank.

I’ve known a few folks who fit the “millionaire next door” stereotype… leading moderate but comfortable lives – with the freedom to do whatever they want. My dad was one of these. Lived in a 2000sf tract home in UC – but circumnavigated the globe several times in his retirement. With lots of shorter trips in between these 3-4 month trips. He paid cash for it all. If he wanted some new electronic toy, he had the money to buy it with cash. But he wore clothes that were less than fancy, the house was well maintained, but not upscale, he rarely ate out.

Yet I would consider my father wealthy because he had total financial freedom. He may not have had a beach front mansion nor mercedes, but he had everything he needed for a very content life with no debt and cash to do the things he was passionate about: 4wd trips to baja and travel around the world.

I aspire to his wealth. I bought the house from him – it’s still not fancy – but suits our needs. I’m working on getting the cash reserves and mortgage retired to live the wealthy part – no worries about money and freedom to travel or do whatever my passion is.

Fancy stuff doesn’t represent wealth. Freedom from worries about money is wealth.

[UCGal]

Wealth is being able to afford your lifestyle and still have money in the bank.

I’ve known a few folks who fit the “millionaire next door” stereotype… leading moderate but comfortable lives – with the freedom to do whatever they want. My dad was one of these. Lived in a 2000sf tract home in UC – but circumnavigated the globe several times in his retirement. With lots of shorter trips in between these 3-4 month trips. He paid cash for it all. If he wanted some new electronic toy, he had the money to buy it with cash. But he wore clothes that were less than fancy, the house was well maintained, but not upscale, he rarely ate out.

Yet I would consider my father wealthy because he had total financial freedom. He may not have had a beach front mansion nor mercedes, but he had everything he needed for a very content life with no debt and cash to do the things he was passionate about: 4wd trips to baja and travel around the world.

I aspire to his wealth. I bought the house from him – it’s still not fancy – but suits our needs. I’m working on getting the cash reserves and mortgage retired to live the wealthy part – no worries about money and freedom to travel or do whatever my passion is.

Fancy stuff doesn’t represent wealth. Freedom from worries about money is wealth.

[UCGal]

Wealth is being able to afford your lifestyle and still have money in the bank.

I’ve known a few folks who fit the “millionaire next door” stereotype… leading moderate but comfortable lives – with the freedom to do whatever they want. My dad was one of these. Lived in a 2000sf tract home in UC – but circumnavigated the globe several times in his retirement. With lots of shorter trips in between these 3-4 month trips. He paid cash for it all. If he wanted some new electronic toy, he had the money to buy it with cash. But he wore clothes that were less than fancy, the house was well maintained, but not upscale, he rarely ate out.

Yet I would consider my father wealthy because he had total financial freedom. He may not have had a beach front mansion nor mercedes, but he had everything he needed for a very content life with no debt and cash to do the things he was passionate about: 4wd trips to baja and travel around the world.

I aspire to his wealth. I bought the house from him – it’s still not fancy – but suits our needs. I’m working on getting the cash reserves and mortgage retired to live the wealthy part – no worries about money and freedom to travel or do whatever my passion is.

Fancy stuff doesn’t represent wealth. Freedom from worries about money is wealth.

[UCGal]

Wealth is being able to afford your lifestyle and still have money in the bank.

I’ve known a few folks who fit the “millionaire next door” stereotype… leading moderate but comfortable lives – with the freedom to do whatever they want. My dad was one of these. Lived in a 2000sf tract home in UC – but circumnavigated the globe several times in his retirement. With lots of shorter trips in between these 3-4 month trips. He paid cash for it all. If he wanted some new electronic toy, he had the money to buy it with cash. But he wore clothes that were less than fancy, the house was well maintained, but not upscale, he rarely ate out.

Yet I would consider my father wealthy because he had total financial freedom. He may not have had a beach front mansion nor mercedes, but he had everything he needed for a very content life with no debt and cash to do the things he was passionate about: 4wd trips to baja and travel around the world.

I aspire to his wealth. I bought the house from him – it’s still not fancy – but suits our needs. I’m working on getting the cash reserves and mortgage retired to live the wealthy part – no worries about money and freedom to travel or do whatever my passion is.

Fancy stuff doesn’t represent wealth. Freedom from worries about money is wealth.

[NotCranky]

Wealth to a human is something like a car “running on all cylinders”. It never is is a goal attained rather an equilibrium maintained in a matter of degrees from one day to the next, where things are prone get out of whack. Spending less time out of whack is wealth.

Of course, basic material security is a component for most of us and apparently much more than that for many. I think of the idea from the Bible, “It’s harder for a rich man to enter heaven than for camel to go through the eye of a needle”. Wealth is a “heaven” of the type I am talking about a contented equilibrium to which access is only marginally affected by money or the things easily converted to money.

[NotCranky]

Wealth to a human is something like a car “running on all cylinders”. It never is is a goal attained rather an equilibrium maintained in a matter of degrees from one day to the next, where things are prone get out of whack. Spending less time out of whack is wealth.

Of course, basic material security is a component for most of us and apparently much more than that for many. I think of the idea from the Bible, “It’s harder for a rich man to enter heaven than for camel to go through the eye of a needle”. Wealth is a “heaven” of the type I am talking about a contented equilibrium to which access is only marginally affected by money or the things easily converted to money.

[NotCranky]

Wealth to a human is something like a car “running on all cylinders”. It never is is a goal attained rather an equilibrium maintained in a matter of degrees from one day to the next, where things are prone get out of whack. Spending less time out of whack is wealth.

Of course, basic material security is a component for most of us and apparently much more than that for many. I think of the idea from the Bible, “It’s harder for a rich man to enter heaven than for camel to go through the eye of a needle”. Wealth is a “heaven” of the type I am talking about a contented equilibrium to which access is only marginally affected by money or the things easily converted to money.

[NotCranky]

Wealth to a human is something like a car “running on all cylinders”. It never is is a goal attained rather an equilibrium maintained in a matter of degrees from one day to the next, where things are prone get out of whack. Spending less time out of whack is wealth.

Of course, basic material security is a component for most of us and apparently much more than that for many. I think of the idea from the Bible, “It’s harder for a rich man to enter heaven than for camel to go through the eye of a needle”. Wealth is a “heaven” of the type I am talking about a contented equilibrium to which access is only marginally affected by money or the things easily converted to money.

[NotCranky]

Wealth to a human is something like a car “running on all cylinders”. It never is is a goal attained rather an equilibrium maintained in a matter of degrees from one day to the next, where things are prone get out of whack. Spending less time out of whack is wealth.

Of course, basic material security is a component for most of us and apparently much more than that for many. I think of the idea from the Bible, “It’s harder for a rich man to enter heaven than for camel to go through the eye of a needle”. Wealth is a “heaven” of the type I am talking about a contented equilibrium to which access is only marginally affected by money or the things easily converted to money.

[sdduuuude]

Wealth is having time to do what you want.

[sdduuuude]

Wealth is having time to do what you want.

[sdduuuude]

Wealth is having time to do what you want.

[sdduuuude]

Wealth is having time to do what you want.

[Author]

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