Suze Orman and the Definition of Rich

The definition of rich is something I often think about and it’s something I’ve previously written about in the post “What does it Mean to Be Rich?” So, whenever I come across someone’s definition I pay close attention.

In Suze Orman’s newest book, Women & Money: Owning the Power to Control Your Destiny she offers an interesting definition of “rich”. Suze is quoting an email she received from a friend who said that Suze didn’t understand what being rich meant to different people:

“‘Rich means different things to different people,’ she wrote ‘Financial security is your [Suze's] lifeblood. Creative freedom and expression is mine. If you can experience life in all its forms and experience that you are one with it, then you are the richest person in the world.’”

So, for this woman, if she were rich, it would mean that she could be as creative as she wanted without having to worry about money. Tying the definition of rich into your own goals and values is something that’s really worth thinking about.

The question we should ask ourselves becomes: “How are my values and goals reflected in my definition of rich?”

One Response to “Suze Orman and the Definition of Rich”

  1. Likewise, people have their own personal definition of what it means to be impoverished.

    A recent Harris survey found that 48 percent of women earning over $100,000 are worried they will some day be bag ladies. They know they aren’t saving enough for retirement, and worry about the consequences.

    I have found this concern extends far. It has nothing to do with income, gender or education. I address it in my new book “Saving for Retirement without Living Like a Pauper or Winning the Lottery.” The point is that people have images in their mind of wealth and financial struggle. They have to get by the fretting and dreaming and act. But they have to know what to do. The biggest enemy is confusion about handling money. My book tells people how to turn pocketchange into the money they will need quite painlessly.

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