How much money do you need to be 'rich'? ( Archived) (35)

Sep 4, 2020 6:40 AM CST How much money do you need to be 'rich'?
My bank account total is shocking .wow
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Sep 4, 2020 4:09 PM CST How much money do you need to be 'rich'?
Thedutchchief
ThedutchchiefThedutchchiefRotterdam, South Holland Netherlands1 Threads 161 Posts
Your rich: If you have a 2 or 3 different sources of income a person.
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Sep 4, 2020 4:19 PM CST How much money do you need to be 'rich'?
bodleing2
bodleing2bodleing2Manchester, Greater Manchester, England UK84 Threads 6,132 Posts
It might be worth considering. ....


"Got $2200? In this world, you’re rich. Assets (not cash) of $2200 per adult place a person in the top 50% of the world’s wealthiest.*

· If you made $1500 last year, you’re in the top 20% of the world’s income earners.**

· If you have sufficient food, decent clothes, live in a house or apartment, and have a reasonably reliable means of transportation, you are among the top 15% of the world’s wealthy. **

· Have $61,000 in assets? You’re among the richest 10% of the adults in the world.*

·If you earn $25,000 or more annually, you are in the top 10% of the world’s income-earners."

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Sep 4, 2020 4:40 PM CST How much money do you need to be 'rich'?
Coldheaven
ColdheavenColdheavenNorthern Ireland Belfast, Antrim Ireland13 Threads 1 Polls 3,147 Posts
I’m self employed. Not rich but comfortable. That suits my family just fine
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Sep 5, 2020 2:58 AM CST How much money do you need to be 'rich'?
ChesneyChrist
ChesneyChristChesneyChristManchester, Greater Manchester, England UK7,144 Posts
Rich enough not to die at 33 with rotten teeth in a puddle of my own piss. But its all relative. That not happening means you're fabulously rich historically speaking until we reach the position we are in today. Those who reach 70 get there with ridiculous ease until such time that those geriatrics murder their grandkids to dodge flu. None of posterity is comfortable with the wealth of generation never had it so good.
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Sep 5, 2020 3:07 AM CST How much money do you need to be 'rich'?
ElysianFields
ElysianFieldsElysianFieldsValletta, Gozo Malta35 Threads 3 Polls 197 Posts
bodleing2: It might be worth considering. ....


"Got $2200? In this world, you’re rich. Assets (not cash) of $2200 per adult place a person in the top 50% of the world’s wealthiest.*

· If you made $1500 last year, you’re in the top 20% of the world’s income earners.**

· If you have sufficient food, decent clothes, live in a house or apartment, and have a reasonably reliable means of transportation, you are among the top 15% of the world’s wealthy. **

· Have $61,000 in assets? You’re among the richest 10% of the adults in the world.*

·If you earn $25,000 or more annually, you are in the top 10% of the world’s income-earners."

A sobering overview of income disparity.
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Sep 5, 2020 3:37 AM CST How much money do you need to be 'rich'?
ChesneyChrist
ChesneyChristChesneyChristManchester, Greater Manchester, England UK7,144 Posts
If more of the fat cats were the same age as Musk we wouldn't be fearing this virus. We need to be rich enough to have a voice but most fat cats are 78 and they got rich during an era where capitalism was cosy and generations were too big to fail. Musk is more like the old captain of industry his business will improve the world. He earned that money.
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Sep 5, 2020 3:48 AM CST How much money do you need to be 'rich'?
Tulefell
TulefellTulefellGothenburg, Vastra Gotaland Sweden103 Threads 5 Polls 3,298 Posts
bodleing2: It might be worth considering. ....


"Got $2200? In this world, you’re rich. Assets (not cash) of $2200 per adult place a person in the top 50% of the world’s wealthiest.*

· If you made $1500 last year, you’re in the top 20% of the world’s income earners.**

· If you have sufficient food, decent clothes, live in a house or apartment, and have a reasonably reliable means of transportation, you are among the top 15% of the world’s wealthy. **

· Have $61,000 in assets? You’re among the richest 10% of the adults in the world.*

·If you earn $25,000 or more annually, you are in the top 10% of the world’s income-earners."

Well... 10% of 7.8 billions is a lot of people. How long will the planet's resources (air, water, soil) stretch?

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Sep 5, 2020 4:16 AM CST How much money do you need to be 'rich'?
ChesneyChrist
ChesneyChristChesneyChristManchester, Greater Manchester, England UK7,144 Posts
Long story short comfortable wealth sinks like a stone like the Spanish Empire when they discovered all that gold in South America. What arose thereafter was centuries of backwardness and decline cumulating in Franco. But in the modern world things happen faster. What once took centuries to occur now takes decades.
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Sep 5, 2020 6:32 PM CST How much money do you need to be 'rich'?
Orzzz: I have enough to buy any needed things and sensible wanted things. I grew up around millionaires. They were the ones working in their business at night after workers went home. Lived in nice homes, drove cars that were several years old and lead boring lives.
If one is greedy, no amount is enough. The more you buy, the more you want. And then have so much, you don't own it, it owns you. Houses never used. Rooms never entered. Possessions never worn or seen, driven nor enjoyed. Vacations taken because it is the trending place to be.
As long as you know you can afford it, no need to own it. If you can pay cash, owe no one, have a roof over your head and able to shingle it, enjoy foods you like and provide for those you love and are loved...then you have all you need.
what's the point in being a millionaire if you have to drive an old car and work all night? If they are wealthy they should have top range car and staff to work all night.
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Sep 5, 2020 6:45 PM CST How much money do you need to be 'rich'?
I read that if all the world's wealth was shared equally every man, woman and child would be a millionaire.

Who would clean the toilets?? roll eyes uh oh
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Sep 6, 2020 2:32 AM CST How much money do you need to be 'rich'?
ElysianFields
ElysianFieldsElysianFieldsValletta, Gozo Malta35 Threads 3 Polls 197 Posts
I've been rich, and I've been poor.
I prefer rich.

But here's the thing - wether rich or poor, my personal 'happiness' or 'contentment' level stayed about the same throughout, irrespective of my circumstances.

Which means that, barring abject poverty, most people are about as happy as they make up their minds to be.
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Sep 6, 2020 3:06 AM CST How much money do you need to be 'rich'?
serene56
serene56serene56Myplace, New South Wales Australia543 Threads 10 Polls 27,954 Posts
bodleing2: It might be worth considering. ....


"Got $2200? In this world, you’re rich. Assets (not cash) of $2200 per adult place a person in the top 50% of the world’s wealthiest.*

· If you made $1500 last year, you’re in the top 20% of the world’s income earners.**

· If you have sufficient food, decent clothes, live in a house or apartment, and have a reasonably reliable means of transportation, you are among the top 15% of the world’s wealthy. **

· Have $61,000 in assets? You’re among the richest 10% of the adults in the world.*

·If you earn $25,000 or more annually, you are in the top 10% of the world’s income-earners."

This.
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Sep 6, 2020 6:25 PM CST How much money do you need to be 'rich'?
outdoor_muppet
outdoor_muppetoutdoor_muppetCologne, Minnesota USA1 Threads 9 Posts
ElysianFields: Elon Musk is now wealthier than Mark Zuckerberg.
Their wealth is measured in hundreds of $ billions.

How much money would you need to feel 'comfortably wealthy'?
No money was ever needed ever needed Money was created regardless of weather silver or gold or a worthless piece of paper like today's The Barter system was the perfect system People worked but worked for themselves not corrupt corporate rulers People helped people People were people and no one went without Peace , Love & Hope and Big Bear Hugs from the "Indian Outlaw"teddybear
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Sep 6, 2020 7:13 PM CST How much money do you need to be 'rich'?
GeelongStu
GeelongStuGeelongStuNorlane, Victoria Australia1 Posts
If I owned the universe and everything in it I would still feel poor because no amount is ever enough :)
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