Rich vs. Wealthy: What’s the difference?


Isn’t it humorous how childhood experiences form our views of wealthy vs. rich, in addition to who has cash in comparison with who doesn’t? There are a number of recollections from my very own childhood that made me suppose I knew the way to inform if somebody was wealthy, but one particularly nonetheless sticks in my thoughts.

After I was in highschool, there was a child in my class who I undoubtedly *thought* was wealthy. His household owned a number of fast-food eating places and so they had an enormous home that was lots nicer than mine.

He additionally drove a model new Dodge Stealth when he was simply 16-years-old, which is fairly over-the-top when you concentrate on it.

Within the meantime, his mother and father had been more than pleased to pay for all his mates to look at any pay-per-view occasion that got here round – suppose OG boxing matches like Mike Tyson vs Evander Holyfield.

This was an enormous deal to me since my dad would by no means pay a couple of hundred bucks for me and my mates to look at a boxing match or another pay-per-view sporting occasion. I may solely think about how wealthy his household was. In any case, they all the time had further money to spend on vehicles, leisure, and principally the rest they needed.

Now that I’m older, nonetheless, I do know most individuals who spend lavishly on materials possessions and “stuff” are wealthy however not rich.

They could earn some huge cash, however that’s not the identical as being rich.

In actual fact, incomes some huge cash can simply put folks on the trail to going broke.

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