 This is where I depart . . .
. . . from other people's definition of wealthy.
Other people's definition of wealthy-
1) in 2007 having $1,000,000 or more in the form of cash, securities, property or other tangible assets
2) belonging to a certain upper percentile of net worth gatherers and/or income earners
3) ability to own and high likelihood of owning an abundance of non-durable and highly sought after property
My definition of wealthy-
1) the ability to live abundantly on your current net worth or income no matter how little that may be
2) the ability to create and sustain (sometimes for generations) a stable lifestyle impervious to huge setbacks such as natural disaster, major sickness, accidents, social upheaval, mean/dumb people etc.
3) the ability to use your resources to create increasing opportunities for social mobility, self-sufficiency and autonomy for both yourself and your family
. . . My definition requires harder math and greater observation. A lot of would be wealthy people aren't wealthy at all, and a lot of people who seem like they're at the bottom of the food chain are some of the wealthiest people on the planet. How do you all define wealthy?
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