WEALTHY VS. RICH: IS THERE A DIFFERENCE?

Today, most people think that being rich and wealthy is the same thing. But they are two very different things, and in some ways, they are the opposite.

One of the main differences between rich people and wealthy people is their state of mind and attitude toward money.

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Who Is a  Rich Person

A rich person has plenty of money; there is no doubt. But what differentiates rich people from wealthy people is their cost of living.

Rich people usually have an affluent lifestyle, like living a rich life, and live way beyond their means.

Because rich people like to show off their riches with expensive purchases and items, they spend their fortune faster than they make it.

Wealthy people might also have a great deal of money. But wealthy individuals control their spending habits and build wealth.

Who Is a Wealthy Person

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