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Differentiating Between Wealth And Riches

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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.

There is an aura of satisfaction and greater good around wealthy persons. Some of their possessions include strong networks that support their operations and existence. There is a long term relationships and focus when one is referring to the possessions of a wealthy person. This is why wealthy persons are not necessarily the richest. They have reliable partners and relationships that support their status. This is the source of their satisfaction. Material assets are just a part of their 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.

Richness is a basic measure of possession. A person is rich because of what he or she has acquired. While the wealthy are built over time, one can become rich in a day or a short time. Being rich is also subject to competition because the possessions are quantifiable. Considering that most of the possessions are physical, one can wake up a rich man and go to be a poor one.

There is an individual nature to being rich compared to being wealthy. A rich man does not have to enjoy a network. It is possible to have a rich man living in a neighborhood where the people around are poor and in want. His riches have no impact on the society around him. This is a lonely existence where the possessions do not bring peace and satisfaction.

It is impossible to argue against being rich. However, the question should remain how one transits from being rich into being wealthy. The basic requirement is having an impact on the lives of those in your neighborhood using your possessions. The network and relationships you create bring contentment and peace around. Even when you fall, you will have a support system around you.

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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