{"id":8038,"date":"2019-03-11T14:13:30","date_gmt":"2019-03-11T20:13:30","guid":{"rendered":"https:\/\/www.personalfinanceforbeginners.com\/?p=8038"},"modified":"2019-03-11T14:13:30","modified_gmt":"2019-03-11T20:13:30","slug":"rich-vs-wealthy","status":"publish","type":"post","link":"https:\/\/www.personalfinanceforbeginners.com\/rich-vs-wealthy\/","title":{"rendered":"Rich vs. Wealthy: What\u2019s the Difference?"},"content":{"rendered":"

What\u2019s the difference between rich vs. wealthy? Understanding the distinction between the two is one of the most important perspective changes I\u2019ve had when it comes to how I manage my money<\/a>.<\/p>\n

Growing up, I wanted to be rich. I wanted to own a big home, drive a luxury car, and buy expensive clothes. I wanted to sit in the best seats at sporting events and travel any time I wished.<\/p>\n

And let\u2019s be honest, some of those things still sound good to me now!<\/p>\n

But since I\u2019ve started learning about personal finance, I\u2019ve realized that my priority needs to be on building wealth \u2013 not being \u201crich.\u201d<\/p>\n

Of course, there\u2019s nothing wrong with wanting to be rich and<\/i> wealthy, but it\u2019s important to know the difference between the two and recognize that one is preferable over the other.<\/p>\n

In this post, you\u2019ll learn about the definitions of riches and wealth, why one is easier to recognize than the other, and how you can get started on your wealth-building journey.<\/p>\n

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