How do you personally define "rich"

papajohn56

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Jun 16, 2008
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Or what is 'rich' to you basically. Net worth? High income? Possessions? Existential realization? Simple question, probably not a simple answer.
 


3grand per day and growing. Earning that or more consistently for years.

Also, paying cash for a lambo and not really feeling it
 
My subjective definition? Whatever you "feel" rich with and are comfortable living with. Something more objective... maybe net worth percentile?

A consistent 250k/year is 95th percentile income in the USA, so I'd say that's rich no matter how you cut the cake... but then again studies show that most people who make 250k consistently don't consider themselves rich.
 
Happiness, good friends and good family.

Rich to me has nothing to do with money although it may play a part in accomplishing it.


As per others definition of rich it means living the exact lifestyle you want with passive income to never have to work again if you chose to do so.
 
- Not having to look at the price of anything while shopping
- Not having to worry about not being able to do something because you dont have the $ for it.
- Being able to drop 3-4k on travel expenses and not care
- Being able to give your family a few K a month to help them out
- Realizing that $ is just a material thing
- Having to figure out something to spend money on.
 
I would feel rich if I owned a $20 million yacht, some $5 million villas in 3-4 countries with supercars garaged at each and $50+ million in investments.
 
A rich person can live a ball’n lifestyle due to previous success for maybe five years before bottoming out. Although rich, he needs to stick to hustling while aiming at the greater goal: becoming wealthy.

A wealthy person never has to work again due to surefire investment gains that are equal or greater to living expenses/purchases. If he is self-made, he’ll probably work anyway because it has become a way of life that can’t easily be shed.
 
Having my business generating 1 million in revenue a month (and keeping at least 10%) while having the ability to run it from anywhere I choose. Making sure that I can make the time for my kids and family be the best that it can be, to ensure that they don't grow up all screwed up.
 
One Big "B", not before that. I will put everything back into my native state. That day I will be rich.

I have lots to do before I sleep...
 
The person who is perfectly satisfied with what he has is the richest. (no matter how much he has)