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Right on. I was just going to link to wikipedia, but you beat me to it. Wealth has a very specific, easily quantifiable definition. For an individual or hous
by kgo 16y ago
Right on. I was just going to link to wikipedia, but you beat me to it.
Wealth has a very specific, easily quantifiable definition. For an individual or household, it's essentially your net worth. And you can actually have 'low wealth' (a.k.a you're poor).
I wish I knew what the subtext of the original question was. Can I be wealthy if I'm a school teacher or something like that?
If the question is really "What is wealthy?" I think Chris Rock's routine about 'rich' vs. 'wealthy' is as good as any. Wealthy is the point where your grandkids will never need to work a day in their life. Wealthy is getting foundations and libraries named after you. etc...
http://www.youtube.com/watch?v=WWERzwbobOk http://www.youtube.com/watch?v=WWERzwbobOk
I'll never be wealthy, and I'm fine with that. I'd gladly settle for rich.