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What is rich to you how much do you need to earn ?

WE all have what we feel is rich. SO what yearaly income would you consider yourself rich at ? $45,000 a year ? $60,000 a year ? $75,000 a year ? $100,000 a year ?

ME real time after living on $13,000 a year for past 6 years i'd feel wealthy at $60,000 a year !

Update:

WOW no answers YET i'm getting proof here that NO one knows how to create wealth or what is rich ! What is RICH to YOU what yearly income would make YOU feel rich that YOU could live comfortably with ! More than $100,000 per year ? Or around $45,000 a year ! BTW in case YOU don't know this IF YOU make $50,000 a year in 20 years YOU make $1 MILLION Dollars !

1 Answer

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  • 1 decade ago
    Favorite Answer

    Everybody has a different idea as to what rich is. Some people think that they are rich because of their family and friends, others by where they live. It is a mote question, everyone has different outlooks, and some are not related to money.

    In answer to your question on the monetary side, Rich to me, would enable me to put 50% of what I had back into the community. So that others could also benefit, but at the same time not having to worry about what I was passing on.

    Your point about a $million is only valid as long as you don't touch the $50K. But we all know that's not going to happen unless you had something else to live on.

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