I’m intrigued by our fascination with money.
The anxiety, happiness, violence, pleasure, contradiction and focus that cash can create within a person’s psyche is amazing!
But how we see money is completely different to what it actually is.
Money is a value system determined by people. Not so long ago, the primary financial currency was gold. And before that, rocks! So, in and of itself, money is nothing more than paper.
With that in mind, I can absolutely say with confidence that I would rather be broke than poor!
Being broke is temporary. Being poor is a deep-seated frame of mind. Mismanaging our finances leads to being broke. Feeling like a victim who never gets any breaks is being poor.
Action – If you’re broke, great! The solutions and opportunities are waiting for you.
But if you’re poor, there’s some other work that needs to be done first.
I totally agree. Money does not define my values or make me who I am!
Hi Nancy,
I want to rich in my life i have small money.I have different plans to start but i am unable to concentrate one.
Excellent reminder! In life, we can find some rich people (talking about $), with poor attitudes, values, actions and etc…. It is important to identify and think about!
Este link de hoje é maravilhoso, sua simplicidade de expressão vai além das necessidades diárias de animo e força de vontade, obrigado Nancy.
Você é bem-vindo Ronaldo (I hope that is a correct translation!)
Thanks!
I am a dog rescuer and I am always broke, but I will never be poor as this type of being broke brings meaning to many aspects of my life. I think I’m actually rich!
Nancy, I love the way you “broke” that down. Perfect conversation for those who think broke begets broken.
really liked this message and the difference between the 2. Thanks
What’s the difference between being Rich & Wealthy?
Great question. Using the same principles as the article “rich” is a state of mind and “wealthy” is a state of being, albeit relative. You see, there is a much broader range of “wealthy” to “broke”. Broke is near zero or, at the very least, unable to meet one’s financial needs on a regular basis. Wealthy is much harder to measure inasmuch as some folks will measure wealth by the number of weeks they could go without income whereas others would measure that by months or years. (the normative measure of wealth is considered to be the time period one could continue to meet all financial obligations without additional direct income – the longer the time period, the “wealthier” one is)