Earn Money Rich Dad Saying : Being Wealthy Is Important

[Deleted member 13140]

Rich is measured in dollars, In my terms I would say that the S.I unit of Rich is dollars.
While wealth is time.

okay Example,
Most people probably think if they have $1m then their rich, but assume expenses are around $100k a month, then if calculated well it will only last for 10 months

But how long you can survive without working is considered how wealthy you are.

Basically aim to have a consistent income, And not a one time fee..

 

[Setho]

On a general perspective someone can be considered to be wealthy if they have enough money in their bank account or in assets after they must have paid their depth and also spend money on their expenses. That is why he is advising that you should always balance your income with the amount you are spending.

 

[RagingFire]

Rich is measured in dollars, In my terms I would say that the S.I unit of Rich is dollars.
While wealth is time.

okay Example,
Most people probably think if they have $1m then their rich, but assume expenses are around $100k a month, then if calculated well it will only last for 10 months

But how long you can survive without working is considered how wealthy you are.

Basically aim to have a consistent income, And not a one time fee..

Rich Dad never lied o... It's very important