Who can define the meaning of rich and poor?

Singapore
March 15, 2007 9:15am CST
What do you really define when a person is rich and poor.Do you guage by how much money in total or by the networth or by the number of assets he has?
1 person likes this
4 responses
@ibsnet (1268)
• India
12 Jul 07
Everyone in this world are running after money. Once you get some money you try to get more and so on it never has an end. A rich is not always rich from inner mind due to this chase. A poor is who succumbs to this chase. So, we should go for the chase but not at the cost of our mind, or favourites, our love. I mean to say, whatever money you can earn you are rich with that if you feel you are satisfied with your earning and have a peace, amiable daily life. But it does not mean you should not try for more money, you should but you should not repent if you can't. Poor is those guys who have a very little money, who do not run in the chase and the other one is who have plenty money though always gushing in the money chase at the cost of his/her own life. So be rich in your mind, you are rich.
12 Jul 07
i am the definition of poor
@lucy02 (5015)
• United States
15 Mar 07
I think it is different things for different people. Some people measure it in terms of money, some in terms of friends, some in terms of their relationship with God or their piece of mind, some in terms of health.
@Aussies2007 (5336)
• Australia
15 Mar 07
Poor is when you don't have a job and you have just enough money to buy food and pay the rent. You cannot afford anything else. Anyone who is poor while working is living beyond its means and should budget its money better. I have never met a rich guy who has not told me that "he was poor". Rich people don't have any cash. All their money is invested in order to make more money. It is common for a guy worth 4 million dollars in assets to live a simple life without any luxuries. Those people are scrooges. That is how they become rich. I think by today standards... to be rich... you need to be able to retire with 5 million dollars. And it has to be invested so that it will last you. Because if you spend it all... eventually... you will be poor. You are not rich if you live in a two million house and have no money. Not unless you are prepared to sell the house and buy something cheaper.