Monday, December 29, 2008

What kind of rich do you want to be?

So, I was pondering my financial goals for the New Year - there will be a week long dedication to that next week, so get excited! - and I was wondering what kind of rich I want to be in the near future.

I've been thinking about it, and there's a couple of types of "rich" that can be observed in everyday life:

Family rich
: rich enough to have and provide for a family, meaning a comfortable house, decent clothing and food, and enough to go on a vacation once a year or so, along with being able to provide memorable Christmas and birthdays. Think: the family in Home Alone

Glam rich: rich enough to have the newest of everything: electronics, clothes, and accessories, all while living in a well decorated home with a live in chef. Being able to take your 10 closest friends to dinner or on vacation even and not worry about the price tag. Think: most celebrities and/or entrepreneuers,or Paris Hiltion

Humanitarian rich: rich enough to be able to donate copious amounts of your income to charities to help further the cause. Being able to travel to foreign countries and donate your time and even more money without worrying about work because you make enough money to be able to leave your job for months at a time. Think: Angelina Jolie, Bill Gates

Retirement rich
: rich enough to not have to work after a certain age because you have worked and saved long enough to take care of your basic needs and wants for the remainder of your life. Able to take time to travel and give gifts to children and grandchildren without worrying about who will pay for your next prescription or meal. Most importantly, being able to die with enough left over to cover your final bills, funeral costs, and give some to your loved ones. Think: the old people who live in Capstone Village, your grandparents.

So, in ten years, what kind of rich would you like to be? In twenty? Fifty? Is there another type of "rich" you can think of?

1 comment:

Adrian Garcia said...

Humanitarian Rich. :)

Of course, ideally, I'd like to some kind of mixture of everything.