Coco Chanel – Having Money and Being Rich

“There are people who have money and people who are rich.”

-Coco Chanel

People who have money are not always ‘rich’, in fact some may be part of the newly wealthy and still be poor in their ways. Being rich does not necessarily denote money in this case, it refers more to the richness of one’s personality.

Class isn’t really something that can be taught, it can potentially be learned, but it has to come from within. I remember a great aunt of mine telling me the life lesson of those who are wealthy in money but poor in their ways, are not really rich; truly rich people give.

Now she could have meant that somebody who is really rich is generous with their money, and those who want to seem like they have money but aren’t charitable are just posers. Or she could have also meant that those who give of their time, and wealth of personality are those who get the warm fuzzy feeling of charity are truly “rich”. I suppose I will never know which she meant, but regardless of her meaning; be kind, be generous, have class, and realize that having money does not mean you are “rich“.


Check out some of our other quotes

Angela Ruth

Angela Ruth is a financial writer at Due. She has a passion for helping people get out of debt and live a better life.

Published by
Angela Ruth

Recent Posts

10 Ways to Overcome Ageism While Job Hunting During Retirement

It’s never too late to start a new job. It’s estimated that, on average, a…

1 day ago

Retirement Savings: When and how to start? 

“After climbing the mountain you can finally enjoy the view” - Anonymous From our 20s…

4 months ago

Top 12 Benefits of Becoming a Remote Entrepreneur After Retirement

Now that you're retired, you're probably thinking, What's next? You could travel, spend time with…

2 months ago

10 Retirement-Friendly Business Ideas for the Over 50’s

Some people dream of the day that they can wake up with absolutely nothing to…

11 months ago

16 Side Hustles to Earn Money Online After Retirement

You've clocked out of the 9-to-5 and are ready to enjoy your golden years. Maybe…

2 months ago

Innovative Businesses Point to the Future of Business and Finance

As society and the economy hit the mid-year mark for 2022, it provides the perfect…

1 week ago

The 9 Best Businesses to Start Over 60

For those with the itch, starting a business over the age of 60 is entirely…

6 days ago

7 Recession-Proof Industries to Protect Your Money

Recessions are part of the business cycle. However, this doesn't mean they must be painful…

2 weeks ago

12 Scams to Avoid During Retirement

Scams use the stereotype of a confused, older person giving their money to a scammer…

2 weeks ago

8 Ways People Who Save for Retirement Can Fight Inflation

The increasing inflation figures have become a cause of concern among investors across the US…

2 weeks ago