I want money, lots and lots of money

Started by Oryx June 1st, 2014 9:41 PM
  • 513 views
  • 12 replies

Livewire

Male
Sunnyshore City
Seen December 3rd, 2022
Posted August 2nd, 2019
14,091 posts
13.8 Years
Well, a sign of being rich usually entails a large house, expensive cars and accessories like watches, and clothes, etc. It's not always true for everyone, because I personally know some people who are mind-bogglingly wealthy who dress so frugally they look homeless sometimes. But most people that have money tend to flaunt it, and not always in good ways.

I personally am not rich, I'm a poor college student. :(

acatfrommars

Male
Seen February 5th, 2023
Posted January 9th, 2023
3,870 posts
9.6 Years
Their outward appearance. Do they have new shoes and new clothes every time I see them? The kind of car they drive, their house and where they live. How often they are on vacation and the jobs their parents have. Meh, I try to stay out of other people's business so I usually don't know if someone is rich or not.

The Void

hiiiii

Male
MOTHA RUSSIA
Seen May 29th, 2019
Posted August 9th, 2015
1,416 posts
13 Years
I daresay I'm rich. Micro-entrepreneurship works amazingly.

For people who are at least committed to being rich, I suggest reading The Science of Getting Rich by Wallace Wattles, Rich Dad, Poor Dad by Robert Kiyosaki, and Why We Want You to be Rich by Robert Kiyosaki and Donald Trump :)

Well, a sign of being rich usually entails a large house, expensive cars and accessories like watches, and clothes, etc. It's not always true for everyone, because I personally know some people who are mind-bogglingly wealthy who dress so frugally they look homeless sometimes.
Mhm. Most of the richest people in the world, like Warren Buffett, Carlos Slim Helú (now surpassed by Bill Gates as the richest person in the world), and Mark Zuckerberg actually live amazingly simple lives, with simple houses and simple cars, and sometimes even eat out in McDonald's.

Raine

Age 29
Female
Ontario, Canada
Seen December 16th, 2017
Posted October 5th, 2017
3,722 posts
9.3 Years
Personally, I think people who are "rich" generally like to flaunt their wealth; not saying that that applies to everyone, but a good portion. So like [s-mod]Lance[/s-mod] mentioned, the materialistic items that practically show consumerism at its best with the fancy cars, mansions, etc.

For some reason, my friends think that I'm rich simply because our family owns 4 cars, and that I'm able to buy video games often \: That's not necessarily the case considering I know my parents worked hard for their money, and I'm fortunate enough to still receive allowances from both my parents, and my sister. It wasn't easy for any of them to achieve their wealth so I'm grateful for all the things that I have. And majority of the time, I feel like the allowance money isn't actually mine so I always feel a sense of guilt whenever I buy things on my own :c That's the mentality that keeps me from frivolously spending money, and thus how I've saved quite a bit!

Sonata

Don't let me disappear

Age 27
Male
Indiana
Seen 8 Hours Ago
Posted March 25th, 2023
13,619 posts
10.2 Years
Rich is when someone can buy pretty much whatever they want when they want and don't have to worry too much about bills. We used to be pretty well off but to my friends we were rich because when most games would come out I would be able to buy them at full price.

Pendraflare

Age 32
Male
Pennsylvania
Seen July 30th, 2021
Posted March 29th, 2021
6,263 posts
9.8 Years
As Vader/Lance said, if they live in a big and/or fancy house then I get a feeling they're rich. But there can be more factors to it, like if they look especially good. Maybe that's just me, I don't always know people's (annual) incomes!
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Imperator161

Seen February 5th, 2023
Posted July 31st, 2020
1,415 posts
14.7 Years
In my experience, outward appearances aren't a great indication of whether someone is truly wealthy. Sure, there are people who like to flaunt their money, and certain purchases can't realistically be made without having some money (e.g., if your home is worth a lot of money, then you're probably not poor, though some people own large homes that they've only paid off a small fraction of), but many of the people I can think of with established wealth don't tend to flash their money too much. I would almost say that the people I've known who tend to flash money the most are the ones with high incomes, but very low net worth and practically no savings. Many of these individuals do quite well when times are good, but the moment they lose their jobs, their kids get pulled out of private schools, they immediately give up their country club memberships, and sometimes, they have to sell off their house and downsize. Personally, I don't find high expenditures without savings to represent true wealth. If you can't afford to continue your existing lifestyle (and especially, fund your kids' education--that's something I personally think is important) for at least a while if you lose your job, then you're not rich. And for the truly rich, I tend to envision people with enough wealth, and enough income from sources like dividends, etc., that they can sustain a relatively high-end lifestyle indefinitely without needing to actively work (though they may, of course, enjoy working and choose to pursue a stimulating career).

As for monetary cutoffs for being "rich," I'm not sure. $20+ million, maybe? $10 million is getting pretty far up there too. To truly get to the point where you don't have to worry about expenses at all (including the price of property you buy), I generally think of $100+ million. (And I've heard of properties that cost nearly $200 million, so maybe that metric isn't even good enough, but I'm pretty sure that I could do whatever I wanted to financially with $100+ million.)

I don't think of myself as rich, and I have a feeling that I'll never amass as much money as I've suggested is necessary to be truly rich. ($100+ million certainly isn't looking likely, especially since I'm leaning towards career choices that probably will cut my income in favor of greater intellectual stimulation. And at this rate, I'm not going to make a decent income for over a decade. But hey, at least I'm not in debt at the moment, so I consider that to be a good start.)
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Shining Raichu

Expect me like you expect Jesus.

Age 32
Male
Australia
Seen October 17th, 2020
Posted December 21st, 2017
8,958 posts
12.3 Years
To my mind, being rich is when you have enough money to crush other people into the ground. Not physically, metaphorically. When I have money to throw around on making sure someone else's dreams do not come true, when I get my very own people-crushing money, then I will be rich.
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