“Poor” is not a standard definition

If you have a million dollar income but you borrow money from someone who makes less than you do, you’re poor.

I know it sounds offbeat and not quite right but think about it:

Who borrows? Those who don’t have any money.

And who doesn’t have any money? The ones who are poor.

Income has nothing to do with it, in my opinion. Being “poor” is not a standard definition, and neither is being “rich”.

You could make $30,000 a year and be rich just because your expenses are low, and you’ve saved a lot!

For all the blustering some people do with their uber high incomes, it may all be for show.

As I’ve always said, savings = wealth.

Without any savings, you don’t have wealth.

About the Author

Just a girl trying to find a balance between being a Shopaholic and a Saver. I cleared $60,000 in 18 months earning $65,000 gross/year. Now I am self-employed, and you can read more about my story here, or visit my other blog: The Everyday Minimalist.