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If we define rich as not having to work, it could be achieved with a low income, but low expenses. At an extreme, perhaps, self-sufficiency, using knowledge and
by hyperpallium 8y ago
If we define rich as not having to work, it could be achieved with a low income, but low expenses. At an extreme, perhaps, self-sufficiency, using knowledge and technology (even robots?) instead of back-breaking stope subsistence farming.
You would be rich, but also poor.
- voctor 8y agoYes, someone can be considered poor because the only thing he/she got is money.
- jerguismi 8y agoHow do you define being poor? My definition: having to think about money or surviving all the time. With stable low-income job or even with small savings without job, you can live quite stress-free life if you keep your living expenses low. Meaning that you just have routines and hobbies that are inexpensive - cook home, live in cheap area, commute with bicycle, etc.
- anoncoward111 8y agoThis is basically my life right now and I am loving every single second of it. Another tip here is to surround yourself with people who also love having low expenses and are adventurous and open minded. My gf originally wanted to plan a vacation that involved a flight, hotel, and nights out on the city. When I took her car camping on the beach 45 mins away from our job and cooked her dinner on the beach, for an all in budget (gas parking food etc) of like $27, she never looked back from her newfound hobby XDD
- gnode 8y agoI think a better term is financially independent. I would say a better definition of being rich is having plentiful wealth such that you enjoy freedoms well above what's typical of the general population, or ones personal expectations. Being poor is the opposite; having wealth that limits your freedoms below your expectations. This is of course relative, but rightfully so.