how much ........?

Question

how much money do you need before you can be considered rich.

becuse from a poor persons perspective £1000 is a lot of money, but from a working man/womans perspective it is just money.
?????????????

this is in no relation to me. it is just a general question

Answer 1

Rich is a powerful word. I would say rich means being able to keep up with the latest technology , pay all your bills and taxes and still be able to save money. So if you can buy the toys you want and the stuff you need like food , shampoo and pay all your rent and taxes and still manage to save a fair amount of money then your rich on some scale.

Or for an more clear and accurate form of rich if you can live of the interest alone you are for sure rich. So if you have enough money that the interest you gain can buy almost everything you need then your are for sure rich.

Answer 2

If being officially poor means having half the national average income, maybe being rich means having twice the national average. But I don't think those people just above the limit would agree.

You could say that being rich is owning enough that you don't actually need to work - but then what about the likes of Alan Sugar who have high net wealth but still work?

Most banks define a "high net worth individual" as one having assets (less liabilities) of over a million pounds.

But perhaps the best answer is in a short essay called "Are The Rich Happy?" written in 1917 by Stephen Leacock. He writes:

"A friend of mine who has ten thousand dollars a year told me the other day with a sigh that he found it quite impossible to keep up with the rich. On his income he couldn't do it. A family that I know who have twenty thousand a year have told me the same thing. They can't keep up with the rich. There is no use trying. A man that I respect very much who has an income of fifty thousand dollars a year from his law practice has told me with the greatest frankness that he finds it absolutely impossible to keep up with the rich. He says it is better to face the brutal fact of being poor. He says he can only give me a plain meal, what he calls a home dinner --it takes three men and two women to serve it--and he
begs me to put up with it.

"As far as I remember, I have never met Mr. Carnegie. But I know that if I did he would tell me that he found it quite impossible to keep up with Mr. Rockefeller. No doubt Mr. Rockefeller has the same feeling.

"On the other hand there are, and there must be rich people, somewhere. I run across traces of them all the time. The janitor in the building where I work has told me that he has a rich cousin in England who is in the South-Western Railway and gets ten pounds a week. He says the railway wouldn't know what to do without him. In the same way the lady who washes at my house has a rich uncle. He lives in Winnipeg and owns his own house, clear, and has two girls at the high school."

Answer 3

This system that defines affluence and poverty is a joke. Bob Geldof, et al, recently started a campaign to make poverty history. As along as anybody has got got any amount of money and as long as there's injustice, poverty will never be history. Even someone with comparatively little money is unlikely to want to give it up, because advertising, their own desires and responsibilities drive them on to want - to even 'need' more. It's natural, but it's been twisted into something ugly and cruel. On top of that, it's not going to work. Sooner or later, it will all come crashing down. I'm not going out of my way to be pessimistic, but events in recent decades (various stock market crashes, terrorist attacks, Nick Leeson, etc) show that the system has a certain amount of vulnerability.

Answer 4

Richness is in your heart and soul and should not be confused with wealth

If you feel love from those whom you love and you accept their love and share, and give back to them. Then you are blessed with riches beyond wealth

Life will lift you up, and support you, and help you to understand yourself.

But, don't ever believe that the pursuit of money and power or wealth is a greater goal or accomplishment than that of men and women or who simply loved, and lived, and are remembered, with love

Their lives were rich

Answer 5

I suppose you can be considered rich when you no longer have to worry about money and you can buy everything you need and want.

Answer 6

To me rich is having enough to pay all my living expenses plus enough extra to do most of things I feel like doing for fun.

Answer 7

Rich and poor are relative terms like old and young.

Answer 8

Being rich to me is being satisfied with what I got, and I'm in no need to any body else

Answer 9

I'd say it doesnt really matter what other people class you as (poor or rich) the 'consider"er' is the decider. if u get what i mean.

Answer 10

There is more to being rich than having lots of money.
There is a saying that you can't buy happiness.
I would love to try though.