• 0 Posts
  • 43 Comments
Joined 8 months ago
cake
Cake day: October 17th, 2024

help-circle
  • actually, while it doesn’t change the conclusion hardly, we have all forgotten that 395k wage is a combined income.

    I mean these are still silly high wages… Having said that though, both the combined income, and that it’s very conceivable a good portion of that income is from capital gains, not work… they probably get more take home out of that 395k income than we’d expect too…



  • I’m not sure there is actually a proper definition of ‘rich’ that would allow you to accurately classify a group of incomes into rich and not rich.

    But if you were to think of it in terms of the ‘feeling’ I’d say I’d feel rich if I never had to choose a cheaper option for anything at all, ever, could eat out and check into a hotel for the night any time I liked, all whilst currently putting away a handsome investment of some kind - but still have more disposable income than I could possible waste between income periods with nothing but my own debauchery (barring expensive drug habits).

    That’s what I call rich - basically never having to worry about your supply of money, thing is, some people can achieve this on much less than others due to their tastes and circumstances. I’d feel rich if I worked 9-5 and took home upwards of £300k for sure. Others might not though.