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Discussion in 'Mayberry Lounge' started by Tamriel Terror, Feb 9, 2018.
If that's not rich - what is it? Middle class?
That's rich. bro.
not everyone trying to buy a mercedes and live in a mansion bro. For some of us, 6 figures would be plenty to easily maintain everything and save.
Being able to maintain and save does not equal rich. Rich does not need to 'save' or 'maintain'
When someone has fuck you money. That depends on your lifestyle but you are there when you can say "fuck you" to anyone wanting you to do something you don't want to do.
You're right on the properties thing. Just the cost of the obligations is a fucking headache (take it from someone who had 3 places, no debt).
Minimalist bullcrap existence is the way to go. I can't wait to get rid of my cars, my last house, and move to a 600sqft condo + a storage locker for sports equipment.
IMO it's a grey area but I guess for me;
2-3 houses paid off
A weekend car like a Nissan GTR
No need to work because rent from houses
To me, being rich is living beyond comfortably - 200k would do that for me.
I guess you are saying you're not rich unless you don't have to work. I feel you I just disagree to an extent.
One of the greatest feelings i've ever had is the ability to look at stuff and say, "I can afford that but I'll pass". It's not just the "I can afford it part" it's the feeling of saying "fuck it, I don't need it".
As for rich, no amount of money I've had rivals the felling of wealth in experiences that I've had. More than half of those experiences were obtained while I was damn near broke. I've always felt like a rich man.
That depends on where you live. If you have $2 million in the Canadian Atlantic provinces, you're making it rain. For the same $2 million, you can barely afford a detached house in Vancouver.
If you absolutely need a definitive cut off line, then my answer is $10 million.
Atlantic Canada just got wrecked in this post. LMAO.
Keep laughing, I almost bought a trailer park a few years ago.
I knew the man I worked for was rich when he gave me a letter of credit from his bank to go to a government auction. The letter said the bank would cover any purchase for any amount.
I think of anyone in the 1% range as wealthy.
Income of $380K/year or net-worth of $8.4M
I got an offer on mine.
Told'em to cram it!
I would say 500k a year is a good start.
I don’t really have a set number as to when a person becomes “ rich” , but I personally , IMO , consider someone rich if they have little debt , own their own house outright, have all the clothes they’ll ever need, own their vehicles , can afford to take trips around whenever they want , can eat out on the regular In nice restaraunts and just not trip about money ...to me that’s rich . Anything beyond that is just excess and finding creative ways to spend your money ( unless u use it to feed homeless or start a business or something ).
liquid over 10 mil at least.
I’m rich at McDonald’s.
$1 million is nothing. That's how much a millennial would need to retire comfortably.
$10 million and you can afford things that most people can't, but you can easily blow it on dumb shit like houses, cars and jets.
At $200-$300 million is when money starts to have no meaning. You can still blow it all if you really tried, but you can generally just buy whatever you want.
IMO upper class starts at $10 million. Rich (scrooge mcduck rich) starts at $200 million.