What does it take in terms of assets, abilities, and/or income for you to consider them wealthy?

  • pound_heap@lemm.ee
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    8 days ago

    Well, luxury and rich are closely related terms, aren’t they? I think what you described is a financial independence.

    I’d add that if you can support your desired level of luxurity for yourself and your family without working anymore - that’s being rich.

    Edit: I misread the original question, which was asking about wealthy, not rich. Still, I think my answer applies

    • Boomkop3@reddthat.com
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      7 days ago

      That is not what I’m describing, no. I am specifying that it’s about having enough wealth that you can stop working.

      Having a job, investments, being a landlord, freelancing etc. Those are all ways to achieve financial independence. But none of those allow you to stop doing any of them.

    • DeadWorldWalking@lemmy.world
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      7 days ago

      Working class people contribute to society.

      The rich are parasites.

      That’s the difference.

      And no, telling people what to do is not real labor. Rent seeking is not real labor.