Skip to player
Skip to main content
Search
Connect
Watch fullscreen
Like
Bookmark
Share
More
Add to Playlist
Report
Do Brits think you need to be rich in order to be ‘wealthy’?
National World - LocalTV
Follow
9 months ago
Is being wealthy in life directly correlated to the amount of money you earn? Well, according to research by HSBC UK, half of people surveyed across the UK believe that having investments is actually a key measure of wealth.
Category
🗞
News
Transcript
Display full video transcript
00:00
Is being wealthy in life directly correlated to the amount of money you earn?
00:05
Well, according to research by HSBC UK, half of people surveyed across the UK believe that
00:10
having investments is actually a key measure of wealth.
00:14
Similarly, people believe that having the ability to retire early and travel often are
00:18
key signifiers of wealth.
00:20
Alternatively, some Brits consider having something like a good kitchen island or a
00:24
work-life balance to be a sign of such affluence.
00:27
Vicky Raynell, a financial psychotherapist, said many of us are quick to assume others
00:32
have more than we do, a belief built through our perception of other people's spending
00:36
habits and perpetuated by vehicles like social media, which show life in terms of highlights
00:42
rather than daily routine.
00:44
Amidst a cost-of-living crisis, interestingly, it was found that only 1 in 5 Brits feel like
00:49
they're on track to reach their financial goals, with 3 in 10 saying they're prioritising
00:53
other costs at the moment.
00:55
But what do you think?
00:56
Do you think being wealthy is a signifier of better wellbeing, or do you find wealth
01:01
in other aspects of life?
Be the first to comment
Add your comment
Recommended
1:00
|
Up next
People of London: What is wealth?
National World - LocalTV
9 months ago
2:00
What does wealth mean to Brits?: Interview with podcaster Toni Tone
Local TV
9 months ago
1:00
Does more money really make people happier - and should the super-rich give more back?
National World - LocalTV
7 months ago
1:57
Does Money make you happy ?
Local TV
8 years ago
1:00
Are the Super Rich Truly Happy?
National World - LocalTV
7 months ago
1:00
How do you define wealth?
National World - LocalTV
9 months ago
1:00
Northerners React: Should the Government Tax the Rich?
Local TV
6 weeks ago
1:00
How do you measure wealth?
Local TV
9 months ago
1:00
Leeds: Your reflections on wealth
National World - LocalTV
9 months ago
11:15
How Does the UK's New Tax Policy Affect Where the Ultra Wealthy Live?
Bloomberg
6 weeks ago
1:00
Bristolians Discuss: How do you define wealth?
National World - LocalTV
9 months ago
3:09
Preston billionaire Michael Platt - who is he and how did he get rich?
Blackpool Gazette
2 years ago
1:00
Should the wealthy pay more tax - or just enjoy their success? Birmingham responds
Local TV
6 weeks ago
1:00
What does true wealth mean to you?
National World - LocalTV
9 months ago
1:00
“No but it makes life easier” - Liverpool tells us if money does buy happiness
National World - LocalTV
7 months ago
1:57
Britain's Top Taxpayers Revealed!
Local TV
7 years ago
1:00
“They should give something back” - Liverpool on taxing the rich
Local TV
6 weeks ago
2:49
Wealth of billionaires increases by $3.6 billion a day, report finds
ABC NEWS (Australia)
3 years ago
1:00
People of London: Does money make you happy?
National World - LocalTV
7 months ago
1:00
Leeds: Does having more money make people happier?
National World - LocalTV
7 months ago
1:00
Rising university fees: Should English students have to pay for higher education?
National World - LocalTV
1 year ago
4:49
How much money do you need to earn to be comfortable in the capital?
Edinburgh Evening News
2 years ago
3:00
Freshfields Animal Rescue launches Christmas appeal
Local TV
2 days ago
3:00
Colton Care Home's Intergenerational Baby Group sharing Songs & Smiles
Local TV
2 days ago
1:45
Major plan to revive Liverpool’s North Docks with thousands of new homes
Local TV
3 days ago
Be the first to comment