What does being wealthy mean to you?

[Xenia]

Okay so we've embarked on this journey to becoming more wealthy.

Have you ever considered what being wealthy actually means to you?

How will you know when you are there?

what sacrifices will you make along the way?

What are you prepared to give up to get you there?

A long time ago, my dad told me, "I can teach you to have a lot of money... do you really want it? Or do you want a simple life? He was so right, being rich is not simple.

 

[Token Funder]

Okay so we've embarked on this journey to becoming more wealthy.

Have you ever considered what being wealthy actually means to you?

How will you know when you are there?

what sacrifices will you make along the way?

What are you prepared to give up to get you there?

A long time ago, my dad told me, "I can teach you to have a lot of money... do you really want it? Or do you want a simple life? He was so right, being rich is not simple.

Has anyone really been far even as decided to use even go want to do look more like?

 

[The Fence]

Has anyone really been far even as decided to use even go want to do look more like?

What...????

Had a couple have we Token...LOL

 

[The Fence]

Have you ever considered what being wealthy actually means to you?

Yes, it means that I will be comfortable to move around relatively freely, eat well, enjoy long afternoons in the sun contemplating my navel, and thank my lucky soul for not being poor like many in this world. Also to help others...

How will you know when you are there?

When I can put more time and effort into helping some talented kid from not so wealthy confines achieve their life long goals.

what sacrifices will you make along the way?

I gave up smoking and gambling (incl Lotto/lotteries) when we got our 1st Mortgage. We watch our recurring spending habits and try to keep them at a minimum via research into cheaper alternatives (so a little bit of time sacrifice but no biggie).
I agree with Jan Somers in all but this department....I believe you have to "live" along the way or you may be cut short of all that wealth...

What are you prepared to give up to get you there?

See above.

A long time ago, my dad told me, "I can teach you to have a lot of money... do you really want it? Or do you want a simple life? He was so right, being rich is not simple.

A long time ago my dad told me to 'save up'...that's all...no instructions on how and into what.....so it took me awhile to find out but when I did we have moved very quickly considering we have "lived" along the way.
To get filthy rich I think would be complicated and busy....I'm happy to have the way of life I have now knowing it will get better, even if it is only moderately but the kicker will be not having to work for a crust on a day to day basis. I love my work actually, but it will take it's toll physically so I'm comfortable with our lot.

Great thread, makes you ask yourself the tough questions, look within and answer honestly. Cheers!

 

[Monopoly]

Okay so we've embarked on this journey to becoming more wealthy.

Have you ever considered what being wealthy actually means to you?
Freedom to do what I want, when I want and to not be concerned with how much it costs.
How will you know when you are there?
When I can do what I stated above, which for me is, NOW.
what sacrifices will you make along the way?

What are you prepared to give up to get you there?

Last 2 don't really apply unless I answer them in past tense in which case:

what sacrifices will you make along the way?
Delayed gratification of things I would have loved to have bought but didn't because I poured money into financial ventures (in the hope of making a profitable gain).
What are you prepared to give up to get you there?
Whatever it took so long as it did not jeopardise the health and well being of my family.

 

[The Fence]

Just before I go tonight, just caught this about Aussies being wealthier bit only a bit happier.

Well there you go....

 

[Xenia]

hmmm interesting Thorpey

I have a tenant (great lady) who actually represents many of our tenants but this one I know well. She pays one week rent at a time every Thursday morning when she gets paid. She is a single mum and has chosen a predictable and easier lifestyle.

Not that being a single mum is easy but her choices are simpler. She does not have to purchase properties, or develop or build companies or deal with complaints, personality differences, or motivate staff or run events or fly interstate and overseas or do business deals or have to make decisions that can cost hundreds of thousands of dollars.

she knows she will be getting $500 per week and that is all.

Millionaires have money from multi-sources and sometimes cannot predict where it will come from next. They have to be continuously creative with ideas and on the ball.

Our lifestyle reflects the choices we make so before going for the big bucks its great to know why.

If you are not yet wealthy, your WHY is not big enough.

 

[Xenia]

What are you prepared to give up to get you there?
Whatever it took so long as it did not jeopardise the health and well being of my family.

absolutely agree, this is one of the most important things to factor into your wealth creation plans.

 

[The Fence]

If you are not yet wealthy, your WHY is not big enough.

So do we all have to be wealthy and have big why's now...? Bigger is not always better....plenty of wealthy lie in the cemetery before they were due to go there. Not much of a lifestyle if you ask me...but maybe I'm just happy with living while I'm alive and sleep when I'm dead.

No one person can say to another that your 'why' is not big enough I'm sorry.

 

[Xenia]

True and my statement only applies to people with a specific goal TO be wealthy.

It also applies to any goal, if you are aiming for something your WHY needs to be clear and big enough to stick to it until you get it.

 

[Sunfish]

If I were wealthy I wouldn't be wasting my time here, abusing/being abused by people I've never met.

There is a lot to be said for "comfortable".

 

[Xenia]

does that mean you are poor sunfish?

 

[Sunfish]

does that mean you are poor sunfish?

Your social skills are severely lacking. Is this a continuation of the anti male attacks that have been the flavour of the day?

 

[Xenia]

are you male? sorry all I see on my screen are the words "sunfish"

 

[Sunfish]

are you male? sorry all I see on my screen are the words "sunfish"

OK Not anti male. Just poor social skills.

 

[Xenia]

Is that why I used to get kicked out of class in high school every time .... doh! now you tell me. or I could just be poor at socialising with sunfishes.

so what does being wealthy mean to you sunfish? Other than not being abused on SS because you can just make that choice to leave anytime, it is not dependent on your wealth.

 

[Cdro]

There is a lot to be said for "comfortable".

Yes, I think ultimately that is what we are all aiming for - to be content with our lot in life, whatever that might be. To get to that place where our expectations of life meet reality. If only my expectations would stop moving!

 

[Monopoly]

If I were wealthy I wouldn't be wasting my time here, abusing/being abused by people I've never met.

There is a lot to be said for "comfortable".

But it seems those better off than you are not here all that often, in fact, I believe they disappear for months at a time on holiday (because they can). So yes, there's a lot to be said for "being comfortable" but there's a whole lot more that can be said for not being tied down to a job, a forced lifestyle or even a cyber space such as a forum (to get ones kicks)! But you wouldn't know about that now would you Sunfish/Thommo???!!!

 

[Melbournian]

Okay so we've embarked on this journey to becoming more wealthy.

Have you ever considered what being wealthy actually means to you?

How will you know when you are there?

what sacrifices will you make along the way?

What are you prepared to give up to get you there?

A long time ago, my dad told me, "I can teach you to have a lot of money... do you really want it? Or do you want a simple life? He was so right, being rich is not simple.

the way i see it is everyone is wealthy in their own way - as to knowing when you're there it's more to the individual

There is no way to account for wealth to a point where is an established status. 250K could be lot to some but not to others, and so is 1 million or 10 million. there are many classes of wealth.

Someone with 20-50million in net assets might not consider someone with 1 million as wealthy.

 

[Melbournian]

If I were wealthy I wouldn't be wasting my time here, abusing/being abused by people I've never met.

There is a lot to be said for "comfortable".

your comments make a lot of sense especially last night when i saw some dude having a go at someone else (going back 2-3 years pulling posts) and changing his signature to mock the other indivdual while going on and on.

To me - it just makes no sense as that person had not lost anything tangible other than his ego. I could debate with all my knowledge and education but it's probably be for nothing if there wasn't any monetary value attached to it

I only come on and off to see if there is any interesting discussions.