In your Opinion, How much does someone have to earn per month for you to considered them as Rich
How much money does someone have to earn to be considered as Rich?
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If your in the states and you bring anywhere from 10-20k a month your better off than 98% of your surroundingsOriginally posted by JayJayIn your Opinion, How much does someone have to earn per month for you to considered them as Rich
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That's the million dollar question now, isn't it?
Let's put it this way.... you'd be surprised at how little some make - and shocked at how much others do... when people actually start talking numbers it's never ever what you think.
"Rich" is relative... it really depends on who you talk to.
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I think it's when you make enough to have all your expenses paid for a month and double that...So if your expenses for everything is only 2,500 and you make 5,000 you could consider yourself rich but then again there is Rich and filthy rish totally different ballgameComment
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No one of you is answering to the question...!
To me a rich individual who is making at least up to 30 thousand$ a month, I consider that one rich, It doesn't matter If he is spending it all in one game poker a night at Las Vegas or saving more than the half...
CiaooComment
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i see it as
rich if you make 100k/year cuz that's enough for most to pay their bills easily and spend mostly as they wish.
You're a millionaire once your assets reach a million or you make a million a year even if you blow it all away. billionaire means you've beat the billion dollar mark! let's all shoot for the latter, who wants to just be richHIGH QUALITY ADULT AND NON-ADULT DESIGN/MARKETING WORK SINCE 1997!!
Yan - ICQ # 4790444 - Phone: 530-544-7058
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Originally posted by DrinkingHardShaq is rich, the guy that signs Shaq's cheque is WEALTHY
DH
actually that was tony morgan that said that
This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!
Now read without the word dog.Comment
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Rich is when your money works for you... not when you work for your money.Comment
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rich is when you have enough money that you dont think about getting rich or when you buy things without looking at the price tagComment
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to me....mkaing over 250k a year is rich.Comment
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According to how many banks categorize customers:
- 300k gross a year income _OR_ 1 million of liquid investable assets = wealthy
- 30 million net worth = super rich, the breed of people that get their asses licked in the banks' family offices in SwitzerlandComment
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Wow, I am richOriginally posted by xclusiveI think it's when you make enough to have all your expenses paid for a month and double that...So if your expenses for everything is only 2,500 and you make 5,000 you could consider yourself rich but then again there is Rich and filthy rish totally different ballgame
I don't use ICQ anymore.Comment
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if you have that freedom then you are rich.Originally posted by MrCI see rich as, Being able to get up and fly to a tropical island any weekend or day of the week you feel like it just to get away from the office
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I once met someone who works in a "private branch" of a large national bank in Australia. It's located in the city with an unmarked entrance. You can't get your foot in the door unless you've got at least a couple of hundred thousand dollars of positive balance in your accounts.Originally posted by David - PGAccording to how many banks categorize customers:
- 300k gross a year income _OR_ 1 million of liquid investable assets = wealthy
- 30 million net worth = super rich, the breed of people that get their asses licked in the banks' family offices in Switzerland
If I had $200k cash, it wouldn't be sitting in a savings account.
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I do not consider anyone rich, the poor house is only a lawsuit, an irs audit and a major illness away ;)even ADULTS need TOYS
icq: 3 6 3 2 6 6 6 7 | aim: conglomorateman
open for business, affiliates and friendshipsComment
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There is a good book called "The millionaire next door". The authors use a formula to determine how you rate in aquiring wealth and assets. The authors say that those seeking wealth should have a net worth that equals one's age multiplied by one's annual income, with the result divided by 10. Doing this will put you in the upper 1% range of American savers.
So if you are 25 and earn $40,000 per year you should have a net worth of over $100,000
But if you are 50 and earn $250,000 per year you should have a net worth of over 1.25 million
They considered a net worth of over 10 million to be rich.Comment
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You are only rich only in other people's eyes.
If you make $100K a year, you may not consider yourself rich at all, but you are rich enough for about 95% of the people in this planet.
On the other hand, you may earn $10Million a year and you may not be regarded as a rich person by people who earn 10 times that amount.Last edited by Praguer; 01-09-2005, 10:03 AM.Comment
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