How much money?
- Thread starter Miss Chicken
- Start date
Those who have will always justify their desire for more. Where I grew up we called it "Keeping up with the Joneses": Jones bought a new care, therefore I now feel the desire to buy a new car, etc.
My own brother suffered from it his entire working life. Now that he is older, that desire has changed to "I don't need that, I only want it". He still makes good money, but he realized Keeping up with the Joneses was also keeping him from happiness.
While we both grew up very poor in farm country [often we weren't able to eat... then a neighbor or church member would show up unannounced with a bag of groceries]. I tend to remember those roots and help others in need from what I have. I went from very successful to taking care of Mom, eventually spending my retirement to do it.
Now I am disabled, with a much lower income, yet very happy. I have a House by the Lake. My car is beautiful, even though it is 5 years old... my truck is 15 years old. Because I set limits upon what it takes to make me happy a long time ago, I am content.
I raised children, have grandchildren, help neighbors and those in need... and gain happiness from it, instead of stressing over getting more than I already have, because Jones has more.
I am very rich.
My own brother suffered from it his entire working life. Now that he is older, that desire has changed to "I don't need that, I only want it". He still makes good money, but he realized Keeping up with the Joneses was also keeping him from happiness.
While we both grew up very poor in farm country [often we weren't able to eat... then a neighbor or church member would show up unannounced with a bag of groceries]. I tend to remember those roots and help others in need from what I have. I went from very successful to taking care of Mom, eventually spending my retirement to do it.
Now I am disabled, with a much lower income, yet very happy. I have a House by the Lake. My car is beautiful, even though it is 5 years old... my truck is 15 years old. Because I set limits upon what it takes to make me happy a long time ago, I am content.
I raised children, have grandchildren, help neighbors and those in need... and gain happiness from it, instead of stressing over getting more than I already have, because Jones has more.
I am very rich.
Sector 7, I'm glad you're happy with the way things have turned out for you. When it comes to family, friends, and loved ones, most of us are thankful and feel wealthy in that regard.
Those who have will always justify their desire for more. Where I grew up we called it "Keeping up with the Joneses": Jones bought a new care, therefore I now feel the desire to buy a new car, etc.
My own brother suffered from it his entire working life. Now that he is older, that desire has changed to "I don't need that, I only want it". He still makes good money, but he realized Keeping up with the Joneses was also keeping him from happiness.
While we both grew up very poor in farm country [often we weren't able to eat... then a neighbor or church member would show up unannounced with a bag of groceries]. I tend to remember those roots and help others in need from what I have. I went from very successful to taking care of Mom, eventually spending my retirement to do it.
Now I am disabled, with a much lower income, yet very happy. I have a House by the Lake. My car is beautiful, even though it is 5 years old... my truck is 15 years old. Because I set limits upon what it takes to make me happy a long time ago, I am content.
I raised children, have grandchildren, help neighbors and those in need... and gain happiness from it, instead of stressing over getting more than I already have, because Jones has more.
I am very rich.
The perfect post to answer this topic.
This website http://www.globalrichlist.com/ might help you determine how rich you are by Global standards.
I know there are huge price differences among countries but it might give you an idea about how wealthy you are among the global population.
For me it made me realize how lucky i am to be born in a developed country and be given all the opportunities that i have gotten over the years.
I know there are huge price differences among countries but it might give you an idea about how wealthy you are among the global population.
For me it made me realize how lucky i am to be born in a developed country and be given all the opportunities that i have gotten over the years.
I'm the sole income earner for a family of 2, no kids, no pets, disabled partner (not married, or she'd lose her benefits), and a couple of years ago I had to not ONLY take an $8000 pay cut to keep working, (in a job I wasn't trained for) but my commute went from 5 minutes to 45 minutes each way, with the attendant spending on gasoline and other things like car maintenance that includes.
Before, I was making $40K and had just started to feel comfortable. Now, I'm less comfortable. Not quite poor, but I'm not saving any money outside of my job's retirement account, and I have to closely watch my spending.
What's well-off? NOT having to closely watch my spending.
Rich? well, there's different degrees of that. I am a believer in the "spending increases to consume available resources" theory, I've seen it in practice. I've had a LOT of "what if I won the Powerball" discussions, and I have a plan to deal with pretty much any amount of money that could come up.
$100? I have a nice family dinner at Outback Steakhouse.
$1000? I pay off my emergency credit card all at once.
$10,000? Pays off most of my car.
$100,000? I sell my old house and use that money and this money to buy one closer to my job.
$1,000,000? Savings/investment account so I can retire at 50.
$10,000,000? I retire to the American Southwest and build my dream house.
Could I win the bet in "Brewster's Millions" (30 days to spend 30 million, if you do it you get 300 million, but you can't have any assets left over that you didn't start with)? Yes, I believe I could.
Before, I was making $40K and had just started to feel comfortable. Now, I'm less comfortable. Not quite poor, but I'm not saving any money outside of my job's retirement account, and I have to closely watch my spending.
What's well-off? NOT having to closely watch my spending.
Rich? well, there's different degrees of that. I am a believer in the "spending increases to consume available resources" theory, I've seen it in practice. I've had a LOT of "what if I won the Powerball" discussions, and I have a plan to deal with pretty much any amount of money that could come up.
$100? I have a nice family dinner at Outback Steakhouse.
$1000? I pay off my emergency credit card all at once.
$10,000? Pays off most of my car.
$100,000? I sell my old house and use that money and this money to buy one closer to my job.
$1,000,000? Savings/investment account so I can retire at 50.
$10,000,000? I retire to the American Southwest and build my dream house.
Could I win the bet in "Brewster's Millions" (30 days to spend 30 million, if you do it you get 300 million, but you can't have any assets left over that you didn't start with)? Yes, I believe I could.
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