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How much is the rich exactly? I'm in the top 10% earners of my country and still:
Got a job making good money then boom the price of things keep going up 😞
Yeah, that's seriously it. I really don't care if I'm rich. I just want to pay for my life without slaving away at a soul crushing job with shit benefits and abusive hours. General shit like healthcare, raise my kids, send them to decent schools, be able to eat out a few times a month, go on vacations.
It sounds so far out of reach from where I'm at that I may as well be asking for a fairy tale.
Ironically, billionaires probably do worry about money a lot. Just not in the same way everyone else does.
Hoarding disorder doesn’t count in this scenario. They need to get treatment for their mental illness but they have no ability to self reflect because they also have a lot of narcissistic and psychopathic traits.
Peace of mind is priceless.
At a certain point you can only eat so much, drink so much, rattle around in your massive home so much, etc.
Even a massive home isn't that necessary, IMHO.
My parents live in a massive house and, as they age, it's more of a nuisance to keep it all clean than anything. The pool and the BBQ areas are barely used, same thing for my brother, but he's way younger.
If I had like, 3~4 kids, I can see the idea of living in a 2-story house with lots of space, but since it's just me and my partner, I'd settle around at living in a place with 100-120m² of built area. The garden could be about that size as well. That's enough and makes it cleanable without having to depend on housecleaners to maintain the house organized. Again, just my take.
Having enough money to not worry anymore is called being rich
Eh, there are levels.
Some people wouldn't call the first two "rich".
I'd say richness is found between 2 and 3
Yeah, probably. It's a little tempting to say that if you can't afford a yacht, you're not actually rich. That might be too rigid as a divider, IDK.
Yacht are way too expensive. Imo if you can afford a bungalow and more than one SUV/Jeep, you're rich.
The prevalence of loans makes me question that standard. Lots of people have big mortgages and big car payments, but then it all comes crashing down with one layoff.
To me, the line is more like, enough saved to never need to work again. Even that comes with levels, though.
Keep the same housing?
Move to rural Mississippi?
Be able to upgrade to the nicest house in your city?
You can have the savings to "retire" to the sticks without being anywhere near "rich" IMO. Unless - did all middle class kids in the late 1900s qualify as rich?
I meant paid off.
You realise the goalposts move right? We compare ourselves to our peers. It's why people that win the lottery become bankrupt.
yep.
i grew up poor. my dad made about 1.5 poverty wage. when i got out of college, i thought I was rich making 30K a year. but as i got older and went up in income... the goalposts move. they are also defined by the people around you. I only figured out I was poor when my co-workers were SHOCKED that I paid my own rent, food, and had student loans. because they didn't pay for any of that, their parents did. least to say, they stopped socializing with me shortly thereafter... lol
if you live in a town where the average income is 50K and you make 150K, you feel rich. but if you make 150K and the people around you make 500K, you feel poor. not to mention other people will treat you accordingly.
and our peers look down on us when we have less than they do, and look up to us when we have more than they do. I have family that have 50million in assets, but they don't think they are rich, because they live in a city where that's chump change and their kids friends parents have like 500million in assets, so they feel like they are poor, because they are rich, but not as rich as other people around them who have 10x or 20x the money they do. in their community they are 'average', and the poor people in that community are the ones who only have 5 million.
the poorest people in that community, have 10x what I have, and to them I am living in poverty because I only have 500K. and for someone who only has 50K, I seem rich. so on and so on.
I want to give oral sex to a human being, preferably female, any genitals. Fuck money. You can't buy sex unless you go to that shit show Las Vegas, and there you can't give oral sex to random strangers on the street. You have to get a motel or some shit. Ruins the whole mood.