Comments on: Is it Better to be Rich or Wealthy? http://www.dinksfinance.com/2010/07/is-it-better-to-be-rich-or-wealthy/ A personal finance blog by and for couples Thu, 09 Feb 2012 06:09:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tim http://www.dinksfinance.com/2010/07/is-it-better-to-be-rich-or-wealthy/#comment-963 Tim Sat, 31 Jul 2010 01:04:14 +0000 http://www.dinksfinance.com/?p=4307#comment-963 Kristina, not necessarily, b/c you can always pick up work as you travel. It will depend on what your financial goals are and the lifestyle with which you want to live that life Kristina, not necessarily, b/c you can always pick up work as you travel. It will depend on what your financial goals are and the lifestyle with which you want to live that life

]]> By: Kristina http://www.dinksfinance.com/2010/07/is-it-better-to-be-rich-or-wealthy/#comment-945 Kristina Wed, 28 Jul 2010 23:48:07 +0000 http://www.dinksfinance.com/?p=4307#comment-945 Tim, that is a great way to look at the difference between rich and wealthy. Travelling the world and learning about different cultures, and experience new things, would fulfill a rich life (for me). However, I will need my wealth to pay for the travels. Tim, that is a great way to look at the difference between rich and wealthy. Travelling the world and learning about different cultures, and experience new things, would fulfill a rich life (for me). However, I will need my wealth to pay for the travels.

]]> By: James http://www.dinksfinance.com/2010/07/is-it-better-to-be-rich-or-wealthy/#comment-921 James Mon, 26 Jul 2010 10:04:33 +0000 http://www.dinksfinance.com/?p=4307#comment-921 Kristina, Thanks for referencing my post earlier. If you ever want to get beyond just being financially comfortable, you have to save your money and invest it. Thats the bottom line. Thanks, James Kristina,

Thanks for referencing my post earlier.

If you ever want to get beyond just being financially comfortable, you have to save your money and invest it. Thats the bottom line.

Thanks,

James

]]> By: Tim http://www.dinksfinance.com/2010/07/is-it-better-to-be-rich-or-wealthy/#comment-907 Tim Sat, 24 Jul 2010 05:22:11 +0000 http://www.dinksfinance.com/?p=4307#comment-907 i guess it's a lexicon thing, but I wouldn't say that being rich is all about materialism, which is implied in your definition. normally we associate rich with fullness in ones life (e.g. he lived a rich and full life). To me that implies intangible attributes of living ones life, which does not necessarily mean spending lots of money or all of your money or even most of your money; whereas, wealth is specifically associated with amassing tangible assets (e.g. wealth preservation and wealth management). I do not believe there is an either or here. i guess it’s a lexicon thing, but I wouldn’t say that being rich is all about materialism, which is implied in your definition. normally we associate rich with fullness in ones life (e.g. he lived a rich and full life). To me that implies intangible attributes of living ones life, which does not necessarily mean spending lots of money or all of your money or even most of your money; whereas, wealth is specifically associated with amassing tangible assets (e.g. wealth preservation and wealth management).

I do not believe there is an either or here.

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