For years, I thought that being rich was about having a lot of money. However, I can honestly say that just because a person has a lot of money, their income does not make them rich. On that note, here are three key factors of the true meaning of being rich.
More than enough
The true definition of being rich is having more than enough with extra to give away. If you are able to pay your monthly bills (common month to month bills) and do not have any debt, you are rich.
Not about your appearance
If you think that wearing expensive or really nice clothing will make you rich, your perception of being rich is wrong. Just because a person dresses nicely does not necessarily mean that are financially well off.
Not about your possessions
If you have been dreaming about owning a dream car or house to look more wealthier, your thoughts about life are corrupted. Even some celebrities who have financed dream cars or homes have not been able to later continually afford the monthly payment.
As you can see, being rich is all about how you manage your money. Therefore, change the way you live, be smart about what you want, and live abundantly.