You don't need to have a lot of money to feel rich, according to high earners.
Many assume being "rich" means being in the top 1% of earners, or being able to buy a flashy mansion, expensive cars or spend your life flitting from luxury vacation to luxury vacation.
But rich can also be a state of mind, say high earners who took a pay cut to follow their passions.

While some folks may think rich is a subjective term, there are some indicators of wealth that can't be easily questioned. Here are some ways to know you're rich:


You don't carry a lot of debt

If you can carry little to no debt, chances are you might be richer than you think, says a wealth advisor for millionaires. If you're one of the lucky ones that can hold on to a portion of money you earn, you have more wealth than most: "Most people fail to realize that in life, it's not how much money you make. It's how much money you keep," writes Robert Kiyosaki in the personal finance classic, "Rich Dad Poor Dad."



You can live comfortably below your means

Living within your means, or spending less than you earn, might not sound like a big deal if you're already doing it, but most people are not able to, you make more money than you spend on bills, you're doing better than almost half the country.

A financial planner told me many millionaires live within their means: "They're not living below their means by any standard, but they also aren't purchasing lavish cars and living in oversized houses with Olympic-sized swimming pools."

You can save easily 

Nearly one in five Average Nigerians have nothing saved. Lack of a high-paying job, high expenses, and debt are the major culprits for lack of savings.If you are able to save anything at all, you're doing better than most Nigerians.

You're going to be able to afford to retire as planned

Low savings spells bad news in retirement. A survey has shown most Nigerisns do retire broke. Respondents said they don't save for retirement because they do not make enough money, or they struggle to pay bills.

Traditionally, "retirement age"is 60-65 years but that's changing as more Nigerians find they're unable to float 10-plus years of living without salaries. Reports on data shows nearly 20% of working class Nigerians age 60 and older are still working, and reports also shows that half of those still working are motivated by financial issues.
If you can afford to retire when you want to, you are in a better position than many older Average Nigerians are.

You aren't stuck

"What I have realized over time is that in many ways, money spells freedom, If you learn to control your finances, you won't find yourself stuck in jobs, places, or relationships that you hate just because you can't afford to go elsewhere. ... Being in a good spot financially can open up so many doors. Being in a bad spot can slam them in your face."

So I am this rich and I don't know

Yet another reason being rich is not synonymous to being wealthy.