Wealthy

Definition

Being wealthy is having enough wealth to sustain your desired level of living.

Supporting Definitions

Wealth Definition

Wealth is having assets that earn while you sleep. - Naval Ravikant

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Description

Having enough assets that earn while you sleep to fully cover your desired level of living.

That means not only we have to have assets to sustain the current level of living but also must keep our desired level of living in check, to avoid having our wants outpace our current level of wealth.

One can possess wealth (assets, money, etc.) without being wealthy if the wealth is not sufficient for their desired lifestyle.