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Do You Think You Are Rich?

This is probably not something most of us would admit to thinking on a daily basis, but we should! We are bombarded each day with advertising asking us things such as: “Will your 401K give you the retirement you deserve?”, “you deserve a luxury vacation”, etc. Given our nature as human beings, these advertisements lead us to discontent and a tendency to focus on what we DON’T have rather that what we DO have.

Studies show that if you have food in your refrigerator, clothes on your back, a roof over your head and a place to sleep, you are richer than 75% of the world. If you have money in the bank, your wallet and spare change in your car, your are among 8% of the world’s wealthy. If you woke up this morning with more health than illness, you are more blessed than 1 million people that will not survive this week.

In fact, Globalrichlist.com notes that if you have a NET income of $12,000./yr, you are in the top 14.46% wealthiest people on the planet! It is interesting that the US Department of Commerce will allow a person to make $1000/month and still qualify for welfare and food stamps. Therefore we can say that many of our “poor” in this country are among the wealthiest people in the world. There are 39 states in the US where welfare pays the equivalent to $8.00/hr and Hawaii pays its welfare recipients the equivalent of $17.50/hr. Just something to think about…..have a good day rich people!

Scott Champagne, PT.