How much do you need to earn per month to be considered rich?

[jamartheg]

Post tax of course

50k

100k

250k

500k

1M

1.5M

2M+

[WindAtMyBack]

Those choices are way over the top. The lowest one is 50K per month, which is well into the very wealthy category.

Someone making 5K a month who saves their money will become rich, although it might take a while. At 10K a month, if they don't become rich fairly quickly, then they are doing something wrong.

Of course "rich" can mean a lot of things. I'm calling someone rich who can live off of their savings and investment income, without having to work, and not having to be excessively frugal with their money.

[jamartheg]

Fr I felt like I low balled it with these options

[WindAtMyBack]

If you think those numbers are low then you have very distorted ideas about money and income. Most people would probably consider someone in the top 10-20% to be rich.

Your lowest number puts someone in the top 1%.
Your second lowest number puts someone in the top 0.3%
Only about 200 people in the entire country make your highest number.

[jamartheg]

Exactly what makes it rich if everyone else is doing it then it ain’t rich

[jamartheg]

Stop scaling it to what other people are doing it and more of what you can’t/ can get for that ammount plus you ain’t know that for a fact

[jamartheg]

You just described existing not being rich

[WindAtMyBack]

The top 1% are not rich?
The top 0.3% are not rich?
The richest 200 people in the country are not rich?

I have no idea what you mean by rich, but it doesn't seem to be rooted in reality.

And yes I do know it for fact. Those are actual numbers, not something made up.

[jamartheg]

Rich is being able to buy whatever you want and live however you want to any extent it doesn’t matter if it’s one thousand a hundred or only one person that’s been able to do it

[jamartheg]

If it’s been done before then that’s the standard for richness

[jamartheg]

And I didn’t say 2M+ I mean like I should of made the lowest number 250k

[jamartheg]

No the top one percent are not even close to rich their just high middle class

[WindAtMyBack]

The problem is that you ask a question but don't like the answers. You already have your own ideas that don't agree with the VAST majority of people. If you insist on your definition, they why ask? Why waste people's time, when you don't want an answer?

Like I said in my first post, those numbers are over the top. The VAST majority of people would agree with me. If you want to use a completely different definition of rich, go for it. But if you want to make up your own definitions of words, don't try to communicate with other people, because language doesn't work that way. If everyone else is speaking English and you are speaking some made-up language, it's not going to work.

[jamartheg]

I never said i didn’t like the answers I’m simply explaining why ur wrong and I said rich bro not existing

[jamartheg]

I’d agree with you if you gave a realistic rich but this was beyond low

[WindAtMyBack]

Stop it. You are not in touch with reality and refuse to listen. I have no idea how you came up with those numbers, but you are WAY off.

Go research it yourself and stop wasting people's time by asking questions you don't want an answer to.

[jamartheg]

Someones mad

[jamartheg]

It’s called having a discussion buddy get over it

[Lionman95]

I would say if a person gets 10k a month (taxes already paid) I'd say they are rich.

[jamartheg]

10k 😭😭😭?

[Lionman95]

Yes because I know few people that make that much. But I should have added at least in their 20s. Most people I know that made more than 10k got to that level are older than 35 and have at least worked 10 years in their job.
But the majority of my friends me including makes less than that. My peek income so to say will probably be about 6/7k.

[jamartheg]

Brother their are 13 years olds who make more than that

[htmndg183]

£50k

[jamartheg]

Why so little?

[htmndg183]

Have to be realistic too. I can afford most cars with 50k a month and afford mortgages on high end properties too. Still leaves room for savings to be invested.

[jamartheg]

Lamborghini Bugatti pagani rolls Roye Ferrari

[jamartheg]

High end property between 15-30 million at cheapest

[htmndg183]

I was talking more like £2-4m properties. And you can get those cars on finance if you make 50k a month. Obvs i want to make more but i just feel its the minimum amount to actually be and feel rich per month.

[jamartheg]

You can afford that while investing half your pay check then aight but it’s gonna be tight