Being wealthy and rich may sound familiar but in reality, they are two different things and can actually end up confusing. Most often do most people believe that he who is rich equally wealthy; however that’s not the case. It is for that reason that I have decided to highlight on the exact opposites of these two financial terms and status.
Being wealthy simply means having a great deal of money, resource or assets that can be sustainable for a longer period without running short of them. On the other hand being rich simply means having a lot of valuable possessions or money but in reality, they can’t actually sustain one longer.
Wealthy can be as well termed as having knowledge while rich on the other hand can be termed as only being able to generate money. Wealthy people can use their knowledge to create long term wealth that can last for several years through what is known as asset investments and generate more income.
Rich people however, can get quick and instant money through luck in lotteries or even inheritance but due to lack of proper know how, the money can easily get out of hand without actually bringing in other income from investments which could have been made but due to lack of know – how, they weren’t.
In conclusion ,being wealthy refers to having a sustainable resource in the long run while being rich just means having money which if not used well may vanish quickly.
THE BRIDGE 