Being rich is so much more than just a big account balance
, says that for him, wealth is all about living with financial freedom.
"Giving back to the community by donating funds sometimes scares those with money because of the fear of losing financial security," he says. "Part of having money is celebrating its value by sharing it with others, and this goes hand in hand with good financial health."Everyone has different expenses — and different aspirations.
, recognizes that real wealth is a mindset, he says someone is technically wealthy when they need to make plans for succession. "When you are financially comfortable enough to meet your personal goals, have a plan in place to not outlive your money, and feel freedom when it comes to money, that's a rich life to me," she says. "Trying to attain someone else's version of rich usually only makes for an unhappy person with a nice bank account.
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