People tend to wonder what exactly is it like being rich and wealthy. However, there are some who actually wonder if there is a difference between the two. Based on what Robert Koyosaki said, being rich and being wealthy are actually two different things. People who are rich have a lot of money in the bank, and people who are wealthy on the other hands never worry about money because they have countless that would last even after they die.
What people need to understand is that getting rich is easier than getting wealthy, this is where the saying goes that every wealthy person is rich, but not every rich person is wealthy. Doctors, lawyers, and other people who are known to have the biggest salaries are considered rich.
However, they are not wealthy because they have to work every single day of they lives to keep themselves rich. Whereas those who are healthy have people working for them that the kind of job they do is to simply listen to ideas, make appearances, approve projects and sign paperwork. Most people who are considered wealthy own the biggest businesses in the world.
Doctors, lawyers, and other highest paying job careers can be wealthy if they grow their money on businesses as well. Then again, people also wonder what exactly is the ratio of rich or wealthy people to ordinary ones who goes to 9-5 jobs every single day of the week. What exactly do the rich and the wealthy do with their time every day?
If financial freedom is really important to you, where should it be in terms of daily priorities? Where is it actually for you? #richdad
— Robert T. Kiyosaki (@theRealKiyosaki) June 25, 2018
240 Minutes A Day Difference
Researcher Tom Corley conducted a study wherein he conducted an interview with 233 individuals who are considered as wealthy as well as 128 individuals who are considered as unprivileged in a span of three years between 2004 and 2007.
Every single day, the world is given 1,440 minutes and no matter who you are, what you do, where you are from, you will get the same amount of minutes just like everyone else, no more no less. People, in general, are said to use about 1,200 of those minutes every day doing things a normal human being would do such as eating, sleeping, working, communication, bathing, and more.
However, what wealthy people tend to do with their remaining minutes, makes them stand out from the ordinary people. There are 240 minutes to spare every day and that is where the difference will take place.
According to the study that was released by Corley as a book, there is actually more than eighty percent of wealthy people who used about 60 minutes of their lives daydreaming. They are most likely thinking of different ways to make more money and how to expand their empire.
The same amount of people also tend to use another 60 minute to learn something new. Wealthy people are known to be hungry for knowledge so they use it to increase their level of information by studying whatever is related to this industry. It was also discovered that the same amount of wealthy people actually spend half an hour doing different kind sod exercise. This is because they know that by doing so, they would have good health and that means they will have the chance to live longer. The longer they live the more wealth they could have. Another 30 minutes is actually spent on building valuable relationships. They make calls and have meetings with other wealthy people that could benefit them.
Wealthy People Lifestyle That Anyone Can Have
One of the most common habit that wealthy people tend to do is reach out. Most of them are philanthropists and would spend most of their time helping out organizations or working with them to be able to reach out to whatever they choose to help. Some of them opt to focus on education, children’s health, women’s right and equality, animal welfare, or the environment.
This is one of their most common habits that. By simply volunteering or making small donations, you are already helping out. No matter how big or small, help will always be appreciated anywhere it is needed. Wealthy people also tend to live instead of just exist.
Amazon Founder Jeff Bezos is currently the wealthiest man in the world
Most people think that living is way more expensive than just existing, which can be true in a way, but it all depends on how you choose to live. The richest people in the world are not seen bragging about what they have and what they could buy, instead, they stay simple and humble.
Finally, wealthy people avoid debt, because that is something that would stop you from being wealthy. If you can’t afford something then don’t buy it, you may have it once you have the money or debate whether it is worth buying or not. Cost and worth are two different things that wealthy people totally understand.