Money musings

5 thoughts
last posted Oct. 3, 2016, 5:11 a.m.

2 earlier thoughts


Being rich means producing more market value than we consume. Our bank account balance is the measure of how much market value we have produced versus how much market value we have consumed. (I say "market value" since, thankfully, not everything of value is measured in dollars.)

Conversely (by this definition anyway), being poor means consuming more market value than you produce. Being poor means spending more.

2 later thoughts