Are YOU rich>? What IS rich? - Page 3

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Are YOU rich>? What IS rich?

This is a discussion on Are YOU rich>? What IS rich? within the General Off Topic Discussion forums, part of the Life Beyond Horses category

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    08-13-2012, 06:21 PM
I'm certainly not rich lol I was kicked out of my house at 17 and on my own since then. I'm now 24 and I'm the only one in my household who works and we barely get by. I make enough and live within my means to not have to rely on the government for support and I'm thankful for that. Rich isn't a number, Rich has to do with what you do with the money you do have.
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    08-13-2012, 06:35 PM
Here is my take on the term "rich". I had to learn this the hard way, much like all my life!

Since we came to TX in the last year or so with only a three horse trailer loaded with all of our belongings, which only consisted of tack, horses, clothing, bed rolls, dogs and a literally $400 to our name when we got here. My husband managed to turn that couple hundred dollars into our small business that grossed six figures in the first year. Sounds rich right? Sure, monetarily speaking it does. And I am thankful for our good fortune. But in the end it is merely a path to our idea of richness.
Texas will never be our home. We miss big empty sagebrush country, wild cows and good horses. Spending everyday working together(good and bad) I even miss those crazy nights in our powerless cabin playing cards in lantern light. Taking care of yearlings that had the largest gain than anyone else. Calves that brought a pretty price on the video sale. Going to town on those few and far between days off to blow off steam and catching up with everyone else that happened to get a day off. Big brandings are social gatherings and to help the neighbors get work done. Starting colts from wild youngsters then turning them into good ranch horses. Having good roping days that make you feel like your on the top of the world. And that's the short list!
Our monetary fortune now is to help achieve that emotional, overall life richness we desire. We know back home we will never make the money we do now, but it is/was never about the money. The money is only the means to provide the tools or objects that assist in the overall happiness. My huband graciously has "retired" me but it is temporary. I know as soon as I move back I know that the dogs, horses and us will be a hell of a lot happier, and in turn richer :)
    08-13-2012, 10:26 PM
Super Moderator
Ok. Fine. JR Ewing. That's rich.

Farmpony84 - that's in debt up to my eyeballs, overworked, underpaid, behind on all my farm chores, messy house and not enough time in the day... but happy.....
    08-14-2012, 12:32 AM
When you already own everything you want you are rich.

I am not rich.
    08-14-2012, 01:52 AM
Very few persons who posted here would call themselves rich, and interestingly enough, those who admitted to the least incomes were the most likely to say they felt rich.
One can say that it's not gross income, it's net, but if you make 250K a year and go out and spend it and keep yourself in debt to your eyeballs, you are creating your own "poverty", yanking defeat out of the jaws of victory, so to speak.
Such an income means YOU ARE RICH, and if you don't experience it that way, then shame on you.

WE make about 120K a year for 4, one of them a college student. I have NO debt. No car loan, no mortgage. I live on garage sale furniture and drive 175k miles old car. The cost of living here is very high, one of the highest in the nation.
But, in world terms , I am insanely rich. I am rich compared to my neighbors, I suspect. Yet , up the hill behind us, my income would be slum level, as is my house in comparison to the mansions up there.
I have always been able to afford dental care, thank God.

But in the US? We cannot even conceive of how rich some people are . Their wealth is equal to the GDP of some countries! Compared to that, I am poor.

I am not sure why I asked this, just that I am always shocked when folks with big houses, new cars, vacations overseas, beach houses and private college and such will not say that they are rich. They are and should not try to deny that. If you are someone who struggles to pay the utilities and have something left over to save for some goal, then you don't appreciate rich folks trying to fob themselves off as "just poor lil me".
    08-14-2012, 02:38 AM
Well, I guess "rich" is a relative term. I know well off single people (as in - no kids, never married) that can have everything b/c they do not have to compromise or sacrifice w or for anyone. But, I would never trade places w them b/c some things are so valuable as to be "invaluable"....there really is something to be said for "rich in love". Sounds hokey...but it is true.
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    08-14-2012, 03:01 AM
Rich? You realize you're on a HORSE forum right? No one who owns horses is rich :P lol
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    08-14-2012, 08:38 AM
Originally Posted by Missy May    
When you already own everything you want you are rich.
MM, then I only need BC saddle to be rich. That's the only thing I want really for quite some time. Although my ceiling is pretty low (I don't care for cars, electronics, and so on, I'm happy with my cheap horses, etc.).
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    08-14-2012, 08:41 AM
Originally Posted by tinyliny    
and drive 175k miles old car.
tiny, one of our cars had 220k on it (before the accident last month, when some idiot run on red light and totalled it ), other car has 200+k. Personally I don't see a point of getting a new one unless it's total a must (we had to buy one after the accident, so I'm paying credit now).
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    08-14-2012, 11:08 AM
It is difficult to define "rich", and as several people have said, it is relative.

I retired 2 years ago at 63, Mrs. Face just retired on Friday at 59, we have a 4100 square foot home on 6 1/2 acres just outside Branson, have a new Outback, and have a comfortable although not large income. By most standards we would be considered well off - I don't like the term rich.

But on the flip side we shop at Walmart, wear old tennis shoes and jeans, are not into jewelry, seldom eat out, and just don't spend very much money. Most of the things we like to do are free or low cost. We go to Silver Dollar City (a theme park in Branson) about 25 times a year, but it only costs us about $150 for season passes. We go swimming in the Lake a lot, go for walks at Branson Landing, go trout and crappie fishing, do a lot of hiking and walking in the hills and woods - all basically free. Every once in a while we go to a show in Branson, but not very often - we are more in to outdoor recreation than indoor. Southwest Missouri is a fantastic place for a variety of outdoor recreation. We do spend a lot of money in casinos, which is our weakness, although we don't do that much any longer now that our income is reduced.

I consider myself rich, but money is only indirectly related. I am living where I want to live, am doing what I want to do, and have a wife of 32 years that I love and that likes exactly the same activities I like - what more could a person ask for?

I have made a lot of money in my life, and when I was younger I had boats and motorhomes and lake houses and sports cars and such, but I learned a long time ago that wealth and success are not measured by the size of your bank account, but rather by how happy you are and by how much you take advantage of the short time you have to live. As I have gotten older I have come to the realization that there is much truth in the saying "the best things in life are free"...
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