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Finally, you might not feel wealthy if you're living above your means. Spending less money can significantly quicken your path to financial freedom. The less you require to sustain your lifestyle, the sooner you can retire. According to the 4% rule, a more modest lifestyle means less money is required for a comfortable retirement.
In short, the less you spend, the quicker you can achieve your financial goals.
Conclusion
The crux of not feeling rich lies more in psychological factors than in actual financial standing. By understanding these various phenomena and addressing them in your life, you can gain a clearer perspective of your wealth and perhaps even rediscover a sense of abundance.