Do you know the difference between being rich and being wealthy? Merriam-Webster defines rich as “having abundant possessions and especially material wealth.” Merriam-Webster defines wealthy as “having wealth” where wealth is defined as “abundance of valuable material possessions or resources.” In the dictionary, the two seem to mean the same thing. “You have valuable stuff.” In real life, there is a small but very important distinction. To illustrate this, Chris Rock has a famous joke – “Shaq is rich. The white man who signs his check… is wealthy.” Table of Contents Resources: The Difference Between Rich and Wealthy Your Natural Resource: Time Sell Time, Accumulate Resources Why Is Being “Rich” So Bad? An Example: Shaquille O’Neal How You Can Be Wealthy Too Resources: The Difference Between Rich and Wealthy Rich people and wealthy people both own valuable things (possessions), but the wealthy also own resources . The key difference between being rich and being weal
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