By just changing the definition of being "rich"!!!
There are two definitions which come to my mind.
One is the traditional definiton and the other is the need of the hour!
The first definition of being rich is "being wealth rich",
the other definition is "being cashflow rich".
Being wealth rich traditionally means you have a big house, a big car, lot of land, your life style is that of the rich, you wear expensive clothes, you have an air and attitude of the rich, you go to upmarket restaurants, you go to holidays to exotic places, travel mostly by air, everything in your life is first class…and alike.
But there are big holes in this definition.
Your big car may be on loan, your big house may be on loan, your business may be on mortgage, you may be in deep debt, your business may be in loss, your lifestyle may infact be a liability to you, your attitude may be your frustration wrapped in arrogance, you may be facing court cases, your health may be slipping out of your hands, you may not be "really happy" from "inside", your family and relationships may be in tatters…
Being wealth rich doesn't necessarily mean cash rich.
Your net worth may be negative. Who knows the real picture of the wealthy?
I have heard about quite a few "wealthy" who are in deep debts and are applying for personal loans.
They are forced to maintain their lifestyle, they carry the burden of their image, they have a reputation to keep…
They are not happy majority of the times.
On the contrary, "being cashflow rich" is the real thing!
Even the "wealth rich" enjoy their being "rich" only as long as they are 'cashflow rich'.
Being "cashflow rich" simply means that cash keeps on coming to you regularly.
You can do what you want to do…one by one… 80% of your happiness comes from just 20% of the 'things' and 80% of those 20% 'things' can come in 20% of the money!
Think about it.
Our 'wants' are virus in our mind 'computer'. The "system" stands hyjacked!!! Are 'real wants' which give us happiness and make us lively have been trashed!!!
You are rich if you have cash in your pocket, and which will keep on coming in your pocket!
Period!
So, you can be rich from wherever you are , whatever you are, right now, right here… u r rich if your income is more than your expenses.
Or, when your genuine expenses are less than your income!
It appears that we are after money, but what we are really after is "permanent" money!
And the trouble is there is nothing called 'permanent money'.
Money accumulation has become no.1 disease on Earth!
This is the reason why the mad rush of accumulating money never ends.
After 1 lac, you want 10 lacs, then 1 crore, then 10 crore, then 50 and then 100 followed by 500….
Even Bill Gates , Warren Buffet, Ambani's, Mittals want more!!!
Every wealth is subject to confiscation, taxation, inflation, devaluation, fraud, distress sale, death, tragedy, erosion, ... And these worries keep on fuelling the race for more,more and more…
The real life is getting lost while going for symptomatic relief to this disease!
Seeking "permanent" money and wealth creates insecurity, but seeking regular cashflow is much easier…almost instant!
So, want to be rich, here and now!!?
become cashflow rich!!!
Don't worry about tomorrow's cashflow.
If tomorrow comes, and if you are alive and WISE, cashflow will continue!
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