2007-01-21 20:40:16 · 13 answers · asked by Vanity Smurf 1 in Social Science ➔ Economics
I would feel rich if I had Ten Million Dollars free and clear.
2007-01-21 20:46:07 · answer #1 · answered by Anonymous · 1⤊ 0⤋
People today still feel having a million in assets is considered rich. If that million is above and beyond the liabilities then I would agree.
Many people have at least a million in assets but when you see their liabilities $ $ they fall well below the line.
One million ahead of the game would be rich.
2007-01-22 02:11:10 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
goodness. that depends. It seems the more money people make or have, the more they get into debt. A lot of lottery winners end up bankrupt because of poor money management.
To be rich I think you need a constant flow of good income ... not just a high amount in the bank.
2007-01-21 20:45:11 · answer #3 · answered by bb 3 · 0⤊ 0⤋
Last I heard it was over 6 million US dollars to be officially considered rich. I think its well over 7 million by now.
2007-01-21 20:53:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋
money doesn't make you rich,its whats inside you,if your happy your rich
2007-01-21 20:51:16 · answer #5 · answered by meanstreak007 1 · 0⤊ 0⤋
Rich is when you have alot more income than it takes to survive.
2007-01-22 05:35:13 · answer #6 · answered by Kev C 4 · 0⤊ 0⤋
Let's see, all of my debt paid off, schl loans cleared up, house and cars paid off.....I'm going with 10 mil b/c govt would take half of that, leaving me with 5 mil.
2007-01-21 21:14:47 · answer #7 · answered by avalonlee 4 · 0⤊ 0⤋
if you have extra money to buy your whims or wants, you're already rich
2007-01-21 20:48:42 · answer #8 · answered by raindrops_ 2 · 0⤊ 0⤋
For me, it's being able to buy whatever you want and not having to worry about the price.
2007-01-21 20:50:40 · answer #9 · answered by Caramella 4 · 0⤊ 0⤋
Plenty of money.
2007-01-21 21:03:55 · answer #10 · answered by Arnie 2 · 0⤊ 0⤋