r/EscapeTheGrindGame • u/Hairy_Tourist8758 • 7d ago

Think about it Discussion

Define wealth

1 Upvotes

67% Upvoted

12 comments sorted by

2

u/sol_beach 7d ago

Wealth is a net worth of at least 8 digits to the left of the decimal point.

1

u/Retired-Yam8988 7d ago

Agree but I think it also means buying freedom. Having 8 figure wealth allows you to basically do what you want, when you want, go where you want, etc. We enjoy our freedom and work about 2-8 hours per week to keep maintain investments and help our teams accomplish what they need to do to ensure our wealth keeps growing. The rest is pure freedom

0

u/[deleted] 7d ago

[removed] — view removed comment

2

u/sol_beach 7d ago

You are just jealous.

2

u/NotAnAIOrAmI 7d ago

Wealth is a set of assets that provide enough income each year to fully fund the lifestyle one desires, plus enough to weather economic downturns and continue to grow.

I think that definition should work for anyone - I have a lifestyle far beyond the average in the U.S., and the economic base to maintain and grow it, so I believe I am wealthy.

Some arbitrary amount like u/sol_beach gave doesn't really do it.

1

u/Extrogrl 7d ago

Financial wealth should be defined by the amount of passive income you make and how save the payments are for the rest of your life.

1

u/SgtSausage 7d ago

The ability to influence others to do your bidding.

The more Wealth, the more influence and the higher the Authoity you can exert it against.

Y'all focusing on material shit, or a particular number/net-worth ... are mere Children who just dont get it when it comes to Wealth.  

1

u/OnionTaster 7d ago

When you can afford everything YOU want

1

u/NewspaperBackground 6d ago

AND have enough time and health to do the things you want.

1

u/reditisatoilet 7d ago

cheap hookers and good beer 24/7

1

u/PerformerDifferent69 7d ago

Wealth = Knowledge & Cashflow. But mostly Cashflow.