Sunday, January 14, 2018

The Difference Between Wealth And Riches

By Gregory Williams


A rich man is sometimes mistaken to be a wealthy one. It takes a deeper scrutiny to point out the differences and understand what to pursue. Wealth and riches can be distinguished by what they make of the person and how the two statuses are achieved. While both involve assets or possessions, the manner of looking at these possessions is different.

There is a great deal of satisfaction when one is considered to be wealthy. The possessions of such a person make him glad and contented with life. This means that there is no lustful desire to acquire more. It is no a competition of who has more and who does not. Further, bank balances and material possessions do not define the wealthy.

Wealthy people have greater good around their lives and operations. They have people within their support structures. Theirs is also a long term journey that cannot be equated to property. A wealthy person has relationships that are beneficial. He has a network of people who are reliable and will walk with him the journey of life in the long run. In fact, a wealthy person does not necessarily have to be the richest around. The weight or measure is not exclusive to possessions.

Humanity is pushed to gravitate towards being rich instead of wealthy. Wealth is self sustaining in that a person can live long depending and tapping on his networks. Wealth is difficult to wipe out because it is based on knowledge and relationships. This is why catastrophes and disasters cannot wipe out a wealthy person. However, a rich man can be turned into a pauper because of such occurrences.

Material possessions are the measure of a rich man. This is why the status changes depending on comparisons you are placed alongside. People have slept rich and woken up poor because of market forces and other factors beyond their control. Richness has a dollar value and will be based on the formula used by the vetting subjects.

Networks or relationships are not mandatory for rich people. This is why some rich people can be found in affluent neighborhoods with little or no impact on their neighbors. The fact that the lives of people around you have not been transformed by your possessions leads to loneliness and sometimes conflict with them. Being rich does not guarantee a feeling of contentment and inner peace.

While being rich is good and important, being wealthy is preferred. It comes with an incredible sense of satisfaction because you have an impact on the society around. The network feels your impact when you are absent and will be ready to support when things do not turn out right. Even with little in their possession, wealthy persons are incredibly satisfied in life.

Wealthy people are known to rely on relationships, networks and knowledge. These are advantages that enhance their survival even when turbulence strikes. The lives of the wealthy are characterized by peace and satisfaction. Quick treasures are not their pursuit since they seek to build lasting and life changing possessions.




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