Daily Productive Sharing 224 - How to Define Wealthy?

How do you define rich? How do you define poverty? In David Siver's view, the easiest way is to subtract spending from income. If your spending is low and your income exceeds your spending, you are rich; conversely, even if your income is high but your spending is higher, you are still poor.

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(The English version follows)

#finance

如何定义富有?如何定义贫穷?在 David Siver 看来,最简单的方式就是用收入减去花销。如果你的花销很低,收入超过花销,那就是富有;反过来,即使你的收入很高,但是花销更高,那你还是很穷。所以除了赚钱,我们还要关注自己的开销,就像观看魔术时,我们不仅仅要关注魔术师在面上的那只手,更要关注那只藏在后面的手。

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How I got rich on the other hand

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How do you define rich? How do you define poverty? In David Siver's view, the easiest way is to subtract spending from income. If your spending is low and your income exceeds your spending, you are rich; conversely, even if your income is high but your spending is higher, you are still poor. So in addition to making money, we have to pay attention to our expenses, just like when watching magic, we should not only pay attention to the magician's hand on the surface, but also to the hand that is hidden behind.

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How I got rich on the other hand

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Excerpt

It’s the difference between what you have and what you spend.
If you have more than you spend, you’re rich. If you spend more than you have, you’re not. If you live cheaply, it’s easy to be free.
Magicians wave one hand around to get your attention, while the other hand does the trick. To be smart, watch the other hand.

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