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Topic | How much money do you consider somebody needs to have before they are rich? |
wolfy42 04/10/18 5:54:22 PM #1: | I personally think there are different levels of rich, but, if you have enough money/possessions to never worry about a place to live, or food to eat again, I consider that rich. Could only be owning a home somewhere (Even a fairly cheap one, like a 50k home in Cleaveland Ohio), and having enough money for food/expenses for the rest of your life. So in that case a formula that looks something like this. (Rent or home expenses + monthly cost of food) * ((90-your current age)12). So if you own a cheap home and only pay a bit in taxes upkeep (say $200 a month), and you eat fairly modestly ($400 a month), then that would be $600* (90-your current age)*12 Say you are 30, then that would be 36k * 12 or somewhere around 400k total needed to be considered rich in my eyes. So what about you? --- "did you steal my f***in signature" Helly ... Copied to Clipboard! |
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