The difference between rich & wealthy. What are you?

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Many dream about becoming a millionaire or at least not have to worry about money ever again. But how can we become wealthy? Or rich? And aren‘t these one and the same thing? Let me explain to you why they are not the same, why being rich is no guarantee to becoming wealthy, and why you can become wealthy even on a modest salary. Enjoy the video :)

T I M E S T A M P S :

0:00 Intro
0:33 What does "rich" mean?
1:10 What is "wealth"?
1:47 Rich people who went broke
2:50 The janitor who became a multimillionaire
4:23 Spending to impress vs intentional spending
5:24 Wealth is what you don't buy
6:26 Rich people spend money for others
7:08 We're after the freedom and control
7:27 Summary on rich vs wealthy
8:11 The shovel - analogy
8:51 Why you *can* become wealthy
9:35 Outro

L I N K S :

D I S C L A I M E R :

The information provided in my videos is not intended as investment, financial, tax, or legal advice. All information provided is for educational purposes only. I am not a Certified Financial Planner. Investing in the stock market involves risks and may result in loss of principal and capital gains. Past market performance does not guarantee future results.

#becomingrich #wealthy
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There are ways to be "rich" without being wealthy, by rich in experiences, contentment.
My hubby & I are not RICH 🤑 / flashy or wealthy in $$$$. But we are happy & content in the life we have. We have traveled the way we wanted & how we wanted, found our final home & no mortgage, made new lasting friends, enjoying the pleasures we both like (hobbies, food & drinks, ...) and are within our budget! This is what being rich is really all about.

carolynridlon
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So much truth! in this video. I'd rather be quiet and wealthy instead of rich and flashy. Heck, one of the best things to do is not let anyone know you have money 😇. New subscriber here, God bless you 👑🙏🏾

dral
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You are good at this! Really good! I agree with You.

marianne
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Very clear and concise! That was explained really well.

beans
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Excellent, informative video!!! Thank you, *Rebekka* !!!

Coryraisa
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This is very subjective. Wealth is not inherently quiet. Most spend money on items that the average person may. It click as expensive, but people in their world would know are expensive.

pisceanbeauty