Do You Think There's a Difference Between Being Rich and Being Weathly?

Reply #46

eddessaknight — Tue, 25 Aug 2020 22:35:55 GMT

Amen we are all interconnected in God's Universe-

Christianity supports compassion and charity,remember one cannot pour from a empty vessel ~~~~~~~

In Las Vegas, Catholic Charities feeds thousands of God's children daily without any identification or religious indoctrination requirements, including all multi national religious affiliations, illegal immigrants, homeless, criminals, ex-Vets X-convicts, street walkers, destitute sexual preferences-all walk ins welcomed - PERIOD... [ More ]

Reply #45

music* — Mon, 24 Aug 2020 23:41:34 GMT

Afflict the comfortable and comfort the afflicted. The rich can take care of themselves, attention must be paid to the sick, dieing, and poor.

Reply #44

eddessaknight — Mon, 24 Aug 2020 20:06:41 GMT

Reply #43

eddessaknight — Thu, 20 Aug 2020 23:57:36 GMT

Well here's a BIG BANG!

God's unsolved mysteries are often productive teachers for all generations. Miracles sometimes lie in challenging the seeming impossible.

If you wish to make an apple pie from scratch you must first invent the universe.

~Carl Sagan.

Where our mind goes, the universe shows, God's infinite non-linear creation makes all things possible - just for the asking

Love your life, it's a short trip from the cradle to the crypt

Reply #42

music* — Thu, 20 Aug 2020 03:50:20 GMT

Our Lord God began the big bang. Questions are for future generations to answer.

Our Universe is just not expanding it is increasing the speed of expansion.

It is like the Big Bang just occurred. After an explosion the matter and particles fly away at a higher rate of speed just after the explosion began. From stand still to increasing speed.

The Big Chill. LOL

Reply #41

eddessaknight — Thu, 20 Aug 2020 00:56:55 GMT

Thanks music*

Respectably, today most Doctors of the Church and quantum secular scientists confirm that the universe is all connected, expanding with infinite possibilities

Our Lord God is Decision

Reply #40

music* — Tue, 18 Aug 2020 15:21:12 GMT

Are you saying that we travel for eternity? Meaning our Soul is on this journey with no end.

I would not look forward to that trip. There is a beginning and an ending.

Christ himself says, I am the Alpha and the Omega He who believes in me will be saved .

Reply #39

SaraAnnRapp — Tue, 18 Aug 2020 14:17:42 GMT

The point of the journey is not to arrive

Neil Peart

Reply #38

eddessaknight — Mon, 17 Aug 2020 22:21:36 GMT

I've been rich and I've been poor, and rich is better.

~ Mae West

Reply #37

Raven62 — Mon, 17 Aug 2020 01:40:10 GMT

Money is a medium of exchange; it allows people to obtain what they need to live. Bartering was one way that people exchanged goods for other goods before money was created.

Reply #36

eddessaknight — Sun, 16 Aug 2020 22:17:40 GMT

Not he who has little/But he who desires much is poor.

~Seneca

Reply #35

Soledad — Sun, 16 Aug 2020 12:18:22 GMT

Lol

Always catches the worm

Gotta get up..lol

Reply #34

music* — Sun, 16 Aug 2020 12:10:53 GMT

Successful investing will create money while you are asleep. Stocks, Bonds, Real Estate and other assets that appreciate in value overnight.

For most of us this will require the help from financial counselors. Spend a little now for profitable returns in the future.

Reply #33

BobP — Sun, 16 Aug 2020 05:05:04 GMT

Must be the zip code, always heard it as. Early to bed, and early to rise And your gal goes out with other guys.

BobP

Early worm gets the bird.

Reply #32

Nikkicute — Sun, 16 Aug 2020 03:45:16 GMT

Rich: Affluent, Having a high level of income and maintaining an abundance of goods, more than enough to gratify normal needs.

Wealthy: Is having all the above and maintaining that same lifestyle without having to work.

For most if they stopped working or lost their job, they would not be able to live or maintain the same

lifestyle they had before.

And for those select few, it wouldn't make a difference because they have that much money

Reply #31

eddessaknight — Sat, 15 Aug 2020 23:53:32 GMT

And yet Money can be a mysterious animal an elusive shadowy figure quietly slipping away in the dark of night

Reply #30

rcbbuckeye — Sat, 15 Aug 2020 23:41:06 GMT

Hey, welcome to LP Trois

Reply #29

Stack47 — Sat, 15 Aug 2020 21:41:49 GMT

Doesn't early to bed, early to rise make people healthy, wealthy, and wise

Reply #28

eddessaknight — Sat, 15 Aug 2020 21:40:58 GMT

Like Andrew Carnegie and the Horatio Alger heroes, believes that the finest thing a man can do for society is to accumulate wealth

Reply #27

Stack47 — Sat, 15 Aug 2020 21:40:18 GMT

Because rich is a synonym of wealthy the difference could be just in the minds. BobP mentioned old money vs new found wealth where there is a big difference, at least to the people with old money .

Reply #26

Trois — Sat, 15 Aug 2020 20:25:15 GMT

Hello new here,

I agree that health is the number 1 indicator of wealth. But we live in this monetary system in which we need currency to afford the minimal of things such as rent, food, to live conveniently.

I invest much of my money to win lotto but plenty of money is allocated into savings (rainy day), retirement (401k/IRA), stocks, ETFs, etc...

I definitely spend a lot of time learning about holistic health. I practice intermittent fasting, cut down on carb/sugar, do High Intensity

Reply #25

music* — Fri, 14 Aug 2020 23:41:19 GMT

as the old adage says, Save for a rainy day. I recently heard the advice, The young have plenty of time left in their lives to earn what they need . The old should think twice before giving to the young what they themselves cannot afford. The old do not have the time to earn back these gifts, loans, etc.

Reply #24

eddessaknight — Fri, 14 Aug 2020 22:53:51 GMT

Spot on music*

It's really not what you get, but rather what you become - that is the true wealth

Reply #23

music* — Fri, 14 Aug 2020 21:19:05 GMT

It is not the destination that counts but the journey itself that matters. Star Trek Voyager

When you are young you save wealth for when your health is poorly in your old age. I forgot who said this. I will google it.

Reply #22

eddessaknight — Fri, 14 Aug 2020 01:52:55 GMT

The first wealth is health.

~ Ralph Waldo Emerson

Reply #21

noise-gate — Fri, 14 Aug 2020 00:34:35 GMT

The difference between being rich and wealthy

There is a bit more to being rich vs wealthy than how much money you have in your bank account. In fact, it s possible for someone who makes less than a rich person to actually be wealthier than the rich person with the fancy car and latest fashion designs.

That s because rich people spend a lot of money, but wealthy people save and invest most of their money. Wealthy people might have a lot of money, but they don t spend it all in one go. An... [ More ]

Reply #20

Coin Toss — Thu, 13 Aug 2020 22:39:08 GMT

Everyone should read The Millionaire Next Door

Reply #19

NY10 — Thu, 13 Aug 2020 22:36:45 GMT

There are 4 types of Rich/Wealthy

1/ High net worth individual($1 million+ but less than $5 million in investable liquid asset)

2/ Very high net worth individual($5 million+ but less than $30 million in investable liquid asset)

3/ Ultra high net worth individual($30 million+ but less than $1 billion in investable liquid asset)

4/ Billionaire class(A person with net worth of $1 Billion and up

Reply #18

eddessaknight — Thu, 13 Aug 2020 22:15:47 GMT

After a certain point, money is meaningless, it ceases to be the goal, the game is what counts.

~Ari Onassis (shipping magnate

Reply #17

Vergie6 — Thu, 13 Aug 2020 12:18:54 GMT

One thing I like that Suzy Orman says is this.

Happiness is not a luxury...it is a necessity for true wealth.

Look at some of these big lottery winners who think when they won all of that money

how happy they will be and I just read where one just killed a lady in a hotel room.

Now he will spend the rest of his life behind bars or be put to death himself.

Some think being wealthy gives them the right to do anything they want to and everyone

should bow down to them.

When you

Reply #16

Vergie6 — Thu, 13 Aug 2020 11:23:24 GMT

I like Zig Zigler too...read some of his books I agree with your post rcbbuckeye!

You may want to read some of Suze Orman's books about money also...she's very good

Reply #15

partlycloudy07 — Thu, 13 Aug 2020 03:07:54 GMT

wealthy is better .....

Reply #14

eddessaknight — Wed, 12 Aug 2020 21:19:43 GMT

My point being Bob, et al:

Some people posses a talent (or Money), others are possessed by it.....

Reply #13

SaraAnnRapp — Wed, 12 Aug 2020 20:14:46 GMT

Yes, the millionaire next door type of person. They tend to fly under the radar in terms of how they present themselves to the world. Just good, hardworking folks.

Reply #12

rcbbuckeye — Wed, 12 Aug 2020 13:39:06 GMT

I used to read a lot of Zig Zigler when I was selling in my younger days. One thing that he said was Money isn't the most important thing in life, but it's reasonably close to oxygen on the gotta have it scale .

I suppose a person doesn't have to be wealthy to be happy, but if a person's life is in order and priorities are straight, having enough money to do things you want helps. Then a person is rich AND wealthy.

Good thread.

Reply #11

BobP — Wed, 12 Aug 2020 05:54:05 GMT

How true. Though if you have to go through life with or without money . . . with is better.

BobP

Reply #10

eddessaknight — Tue, 11 Aug 2020 21:40:12 GMT

Nota Bene:

If it takes money to be happy , your search for happiness will never end

Reply #9

DELotteryPlyr — Tue, 11 Aug 2020 10:30:25 GMT

Another great discussion from G5!! You can be wealthy at any income level since it depends on what you want to do/be. Often I have come across people that are very simple, small home ect. Turns out they have bank accounts that are 7 figures, and still working.

Reply #8

JAMORA — Tue, 11 Aug 2020 05:21:17 GMT

Rich is about the quantity, wealth is about the quality.

Reply #7

BobP — Tue, 11 Aug 2020 05:14:01 GMT

Kinda gets into noueau rich new money versus old money and such. Lucky for me my wealth is in cats so it doesn't apply.

BobP

Reply #6

eddessaknight — Tue, 11 Aug 2020 01:09:27 GMT

When you see that trading is done not by consent, but by compulsion.

When you see that in order to produce, you need to obtain permission from men who produce nothing.

When you see money flowing to those who deal, not in goods, but in favors.

When you see that men get richer by graft and pull, than by work and your laws don't protect you against them, but protect them against you.

When you see corruption being rewarded and honesty becoming self-sacrifice,

you may know that your so... [ More ]

Reply #5

Soledad — Tue, 11 Aug 2020 00:29:32 GMT

On paper a lot of people are wealthy. Take that away, and they have nothing. I consider fortune to be a matter of luck at the moment. The moment can change at any given time. Being wise is being rich, and not a lot of people are. Being healthy also to many is the same as being rich. Our lives are the gifts from God. He didn't need to give us money.

Reply #4

SaraAnnRapp — Tue, 11 Aug 2020 00:20:26 GMT

Those are good points. The sad thing is if one doesn't have financial literacy to begin with it's hard to learn it overnight when a jackpot comes along.

A fool and his money, yadda yadda...

Reply #3

music* — Mon, 10 Aug 2020 18:38:15 GMT

Excellent posts and replies so far. Thanks. Past lottery winners were temporarily rich. They did not live up to the challenge to remain wealthy. They did not make their money work for them.

The wealthy lottery winners are Brad Duke of Star, Idaho, The Wests of Oregon, Ric Lori Knudsen of Southern California, also from Southern CA are Robynn Newton her husband Wesley, plus the Cisnero's of Southern CA. The three winners of the record PB jackpot on January 13, 2016 seem to be just fine. No pol... [ More ]

Reply #2

Raven62 — Mon, 10 Aug 2020 13:17:32 GMT

What separates the wealthy from the poor?

Making money work for them.

Instead of spending their life working for money, the wealthy work to understand how to make money work for them through financial education.

Very simply, the wealthy don't work for money, they make money work for them.

Reply #1

Stat$talker — Mon, 10 Aug 2020 12:54:27 GMT

Good Question...!!

Even though the 2 words are often used interchangeably...they describe some subject to a more or less degree..

Rich ascribes a more than usual concentration of subjective elements ..!, While Wealthy , is mostly associated with money or assets...

Cheesecake is Rich... , but certainly NOT Wealthy...!!, so you can't take it to the Bank,.. but you can bank on it sending you to the Porcelain Throne, for it has a wealth of reasons for doing so..!!!

How's that?

-Stat... [ More ]

Do You Think There's a Difference Between Being Rich and Being Weathly?

GiveFive — Mon, 10 Aug 2020 10:42:32 GMT

I recently read that there is a difference between being rich and being wealthy. Supposedly the difference between the two is as follows;

To rich people, money is a plaything. Rich people to spend a lot of money to show others how rich they are. They show off their new Rolexes, expensive jewelry, houses and cars. They get a certain amount of personal gratification by doing that.

Wealthy people are secure in the knowledge they have a lot of money and tend to not let it be obvious they hav... [ More ]