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Old 04-01-2007, 06:37 PM
 
173 posts, read 555,695 times
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Could someone define "wealthy"????
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Old 04-01-2007, 06:52 PM
 
Location: Northeast S.A.
4 posts, read 13,071 times
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Does rich in love count?

... fine, I'm poor. I work right on the 1604 edge of Stone Oak and there is some money going around there but I wouldn't say millionaires too often. More like $200,000 a year type business people. There was a waiter at our resteraunt who pulled $5000 a month.
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Old 04-01-2007, 07:21 PM
 
Location: Coachella Valley, California
15,564 posts, read 36,476,154 times
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Doing a web search of both terms - 'wealthy' and 'rich' - both terms are synonymous and mean essentially the same thing. So, if someone could please explain what they think the difference is - not just "where the rich live vs. where the wealthy live" that would help a lot of us in here to understand what you mean by "there is a difference between wealthy and rich". Break it down for us so we understand what you are talking about.
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Old 04-01-2007, 07:41 PM
 
Location: Here
10,864 posts, read 11,910,562 times
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As Chris Rock puts it:

''Wealth is passed down from generation to generation. Rich is something you could lose with a crazy son with a drug habit.''

''Shaquille O'Neal is rich, the white man that signs his check is wealthy.''
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Old 04-01-2007, 07:44 PM
 
Location: Northeast S.A.
4 posts, read 13,071 times
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I don't think it really matters, all they are suggesting is that "wealthy" has less money than "rich" by their own definition. I could say wealthy is more than rich, but it's dependent on the person. As far as how much the difference is, I'd have to assume by the locations being discussed that "wealthy" means $120,000 - $300,000 income and "rich" is anything beyond that.
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Old 04-01-2007, 09:30 PM
 
Location: Coachella Valley, California
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Okay, perhaps by Texas standards. But in other places $120,000-300,000 still puts you in the "just barely making it" category. This whole thing is subjective!!!
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Old 04-01-2007, 09:49 PM
 
Location: Seaford, Delaware
3,471 posts, read 17,216,285 times
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I think wealthy refers to how much money is in your bank account...and lots of it.
Rich means you may have enough money to get by till the next paycheck and have all the you need in the world. Honesty, respect, someone to love and be love. A decent home or apartment, enough food on the table, a car that gets you and your family there and back. That's rich.
Or is it the other way around?
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Old 04-02-2007, 07:49 AM
 
4,796 posts, read 13,713,541 times
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Quote:
Originally Posted by Twinkle Toes View Post
Okay, perhaps by Texas standards. But in other places $120,000-300,000 still puts you in the "just barely making it" category. This whole thing is subjective!!!
I personally don't think it's the "place" as much as the person. I know a lot of people that make quite a lot of money and still live paycheck to paycheck. Debt can be an ugly thing.

Being rich is not how much a person makes, but how that person manages that money.
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Old 04-02-2007, 10:36 AM
 
Location: Coachella Valley, California
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I still don't believe anyone has adequately or satisfactorily answered the question as to what the difference is between "rich" and "wealthy".
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Old 04-02-2007, 11:46 AM
 
Location: Alamo Heights
22 posts, read 100,055 times
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Quote:
Originally Posted by Twinkle Toes View Post
I still don't believe anyone has adequately or satisfactorily answered the question as to what the difference is between "rich" and "wealthy".
Perhaps affluent is a better term. Even within the affluent (wealthy) there are vast differences. I know someone in a lovely 600k house who has millions in other assets and someone else in a 1mil$ house who lives quite comfortably but has virtually no other assets.
I think San Antonio is unique in that the affluent can be found in just about every area in town. It's just that some pockets of town seem to have more of them.
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