Loud money can have undesirable consequences.
In today’s society, there is a prevailing tendency to equate wealth with ostentation and extravagance. The images that often come to mind when we think of wealth are luxury cars, designer clothing, and opulent mansions. These symbols of affluence are frequently flaunted on social media, in magazines, and on television, leading to the misconception that being wealthy means living a loud and flashy lifestyle. However, true wealth often takes a more understated and discreet form. In this article, we will explore the distinction between wealth, riches, and poverty, and why wealth is often found in the quiet, while riches and poverty may be more inclined to make a statement.
Poor is flashy
You may have noticed this. Travel to poorer suburbs and the fashion labels people wear often get better not worse. You’re more likely to see Gucci or Prada in lower social-economic areas than, for example, Malibu beach. Why is that? Simple.
A poor way of looking at money is that it buys you stuff. When you derive meaning from stuff it deprives you of a meaning for your life. When your life is defined by stuff there is a temptation to flash it at others so they’ll validate the path you’ve chosen.
The challenge with flashy is it puts you in debt.
Wanting to look richer than you are is a disease.
It keeps us in debt — enslaved.
Rich is loud
Old mate at the start is in this segment. Here’s where I get real with you.
Sometimes I am in this loud category.
It comes off as being financially rich and way too loud. No one’s perfect, right?
The trouble with having a decent amount of money and being loud is it pisses people off. Instead of people falling in love with the type of person you are and how you treat them, they silently get turned off by all your loudness, because it makes them feel incredible levels of envy.
If you make a lot of money it’s far better to use it for good than being loud about how much you made.
Drop $1000 silently on someone who needs a break. You’ll feel better than any amount of bragging.
Wealth is quiet
Some of the richest people looks incredibly poor. Real wealth isn’t about how much money you have to splurge on dumb stuff that makes climate change worse than it already is.
So next time you see a person in huge debt being flashy, think of them differently. Next time you see someone being loud about how rich they are, think about all the opportunities they’re missing by not letting who they’ve become be their people magnet.
Wealth built using silence allows you freedom of thought and the opportunity to do work you enjoy without giving a fuck about how much it pays. Don’t worry about smart money, dumb money, or loud money.
Aim for quiet wealth.
Quiet wealth is attached to work you enjoy, and that work genuinely improves the world. The rest is all debt and broken dreams.
Wealth: The Silent Power
Wealth, in its truest sense, is a state of financial security and abundance that provides a sense of freedom and peace of mind. It is the ability to comfortably cover one’s needs and desires without constant worry about money. Wealth often manifests as financial stability, savings, investments, and the absence of debt. Those who possess wealth tend to be discreet about their financial status, as they understand that true wealth does not require validation or admiration from others.
Wealthy individuals prioritize financial security over the pursuit of material possessions. They make wise investments, diversify their portfolios, and live within their means. Their wealth affords them the luxury of time, enabling them to focus on their passions, interests, and the well-being of their loved ones. Wealth is the silent power that allows for a fulfilling and contented life without the need for extravagant displays of affluence.
Riches: The Loud Display
In contrast to wealth, being rich often involves a lifestyle characterized by conspicuous consumption. Those who are rich may have substantial income or assets, but their focus is frequently on acquiring and displaying material possessions. They are the ones who drive flashy sports cars, wear designer labels from head to toe, and live in opulent mansions that scream extravagance.
Riches often come with the pressure to maintain a certain image and keep up with societal expectations. This can lead to a constant need for validation through flaunting their wealth on social media and attending high-profile events. The pursuit of riches can be a never-ending cycle of spending to keep up appearances, which may lead to financial instability in the long run.
Poor: The Flashy Facade
On the other end of the spectrum, poverty is characterized by financial insecurity and a lack of resources to meet basic needs. However, in some cases, individuals in poverty may also resort to a flashy façade as a coping mechanism. They may accumulate debt to acquire items they cannot afford or engage in excessive spending to project an image of affluence.
In such situations, individuals in poverty may be trying to fit in or escape the stigma associated with financial hardship. They may find themselves trapped in a cycle of debt and financial distress, ultimately worsening their economic situation. The flashy facade can be an attempt to mask their true financial struggles.
Reference: Medium