04.02.2015 Views

Life – a user's manual Part II - Boksidan

Life – a user's manual Part II - Boksidan

Life – a user's manual Part II - Boksidan

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

About getting rich<br />

What’s wealth<br />

Generally someone's wealth is considered to be the amount of money (or value objects) that he/she own’s.<br />

But there are also other ways to measure wealth, such as the degree of economic freedom or in life quality.<br />

If it is the amount of money that is discussed, the probably most established measure of wealth, is the one<br />

that determines whether someone is a dollar millionaire or not. Those who qualify for this epithet has to have<br />

a fortune of over one million U.S. $, excluding their home.<br />

For those who concider welath to be cash and equivalent and intend to maximize this, it makes sense to think<br />

about what adds value and what do not. For example, the one who puts the savings on an upscale car, then<br />

have a much smaller fortune. While someone who invests the same amount in the stock market can, with the<br />

right choices, and if the economy is upgoing, double the money in a relatively short time. Though despite the<br />

that first no longer really is rich while the other has become twice as rich, perhaps the former gives the<br />

impression of being richer, and his/her life might be more enjoyable. Besides if the person with the car runs<br />

out of money and is forced to sell it, while the other one can buy it and still have plenty of money for other<br />

things that are fun.<br />

Many will never be rich regardless of how much they earn, because they constantly uses the surpluse for<br />

additional consumption. While others never consume more than the essentials, regardless of how rich they<br />

are. Presumably there optimum is somewhere in between. And we are all placed differently on that scale,<br />

depending on the circumstances, upbringing, values, et cetera.<br />

205

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!