The answer to this question is a perspective one, $1b can be enough money for someone, while for another it's just a half way success to what he/she could actually agree to be enough for them.
As far as responsibilities keeps knocking on the door no amount of money actually enough money.
Topic: How much money is enough money? - page 5. (Read 3331 times)
The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?
At what point will one say that he or she has had enough money?
At what point will one say that he or she has had enough money?
In advance: You have enough money if you no longer have to go to work to finance your personal standard of living.
To name an amount of money would be the wrong approach. Who tells me that 1 million euros/dollars have the same value as tomorrow. That is not the case we all know: inflation. What if it is a hyperinflation? Then a loaf of bread might cost 1 million.
Therefore, we must first ask ourselves a few questions that a good store of value must fulfill.
What can not have inflation?
What can I take with me everywhere?
What can't anyone take away from me?
What can't be wiped out?
Answer: Bitcoin
Bitcoin is limited to about 21 million and cannot have inflation. By memorizing a few words, I can take it anywhere. Thus, no one can take it away from me if the value is dependent on knowledge alone. It can't be wiped out because anyone can set up a node or mine it.
So I would say I would need a certain amount of Bitcoin to be set. How high that is, I don't know off the top of my head.
The easiest way to answer how much is enough to stop working is to multiply your total annual expenses by 25. That's how much money you need to stop working. For example, if you spend $25,214 per person in the household unit, you'll need $630,350 per person, according to the BLS study above.
It really depends on what kind of lifestyle a person has. And how satisfied he is with what he has. Everyone has their own dreams in life, and everyone wants a good and comfortable life, especially if they have a child and a wife.
In today’s era in fact as we approach the future people are becoming more greedy for money and power, so as a result the poor are suffering even more, which is why others are forced to engage in illegal activities.
But even the world is in great turmoil today due to pandemics and widespread poverty caused by ongoing war and chaos and greediness for power and money. There are still people who are happy and contented with simple living and with the things they have built as a result of hard work and approach to work. Because they know how to value their hard-earned money and they are confident in their knowledge and ability.
In today’s era in fact as we approach the future people are becoming more greedy for money and power, so as a result the poor are suffering even more, which is why others are forced to engage in illegal activities.
But even the world is in great turmoil today due to pandemics and widespread poverty caused by ongoing war and chaos and greediness for power and money. There are still people who are happy and contented with simple living and with the things they have built as a result of hard work and approach to work. Because they know how to value their hard-earned money and they are confident in their knowledge and ability.
The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?
At what point will one say that he or she has had enough money?
Economics defines human needs and wants as insatiable. The need for having enough money is what drives people to go about the day making sure they make. One would ask, should Mike adenuga and dangote still find money? There is never a thing as enough when it comes to money because what is more greater than money is more money.At what point will one say that he or she has had enough money?
Look at Michael Saylor and Max Keiser? These people are beyond rich.
They don't even need to do anything anymore. I believe they are billionaires. Why do they even care about any of this?
They don't even need to do anything anymore. I believe they are billionaires. Why do they even care about any of this?
The point is to make so much money, that making money isn't the point any more.
Making much money is the priority but money no matter how you get your money with it needs is strategic plan over it, because you can make so much money without having the ability to control and management over the money it will become useless from the way i notice the relative abundance of money, another thing you suppose to know is that you can not know when you make huge money
Thing is why do very rich people even care that much about money anymore? Example, Michael Saylor talks about buying more btc for microstrategy. He is already super rich. What is the purpose of getting even more when he could probably just relax and not have a single care in the world?
Thus people with like 50 million dollar networth etc...whats even the point anymore for them? They going to have enough money to last them and their generations forever.
Thus people with like 50 million dollar networth etc...whats even the point anymore for them? They going to have enough money to last them and their generations forever.
Human's need is unlimited. There is no amount of money that one would acquired that would be enough. This is because your needs would always measure with your income. The more money you get the more needs you have.
But as a Christian the Bible talks about Righteousness with contentment. If you can feed, cloth, have shelter and pay your bills them you have enough money. The unnecessary crave for riches is why we have wars, unhealthy competition and exploitation. Hence, we must learn to be content with what we have per time.
But as a Christian the Bible talks about Righteousness with contentment. If you can feed, cloth, have shelter and pay your bills them you have enough money. The unnecessary crave for riches is why we have wars, unhealthy competition and exploitation. Hence, we must learn to be content with what we have per time.
The point is to make so much money, that making money isn't the point any more.
How much money is enough? John D Rockefeller, at one point the richest man in the world and the first ever American billionaire, was asked that question once. His answer? JUST A LITTLE BIT MORE.
The answer would really vary from person to person, some just want enough to cover their expenses, some want as much as they can so they can keep on spending all they want and a few just want more money just for the sake of it.
Personally I want to aim for "F U money" as one of the "money-sellers" would call it but even that is subjective. Surely, you can't say F U to everyone.
The answer would really vary from person to person, some just want enough to cover their expenses, some want as much as they can so they can keep on spending all they want and a few just want more money just for the sake of it.
Personally I want to aim for "F U money" as one of the "money-sellers" would call it but even that is subjective. Surely, you can't say F U to everyone.
This is entirely a question of perspective.
This question largely relies on information like, "What country do you live in?", "What are your living standards?", "What do you view as comfortable?"
Any change to these questions may change what you think will be "enough" money. What someone in Nigeria thinks is enough money, will almost certainly not be the same as someone from Dubai.
This question largely relies on information like, "What country do you live in?", "What are your living standards?", "What do you view as comfortable?"
Any change to these questions may change what you think will be "enough" money. What someone in Nigeria thinks is enough money, will almost certainly not be the same as someone from Dubai.
When one can live lost a huge amount of money or give bigger amounts of money with having an effect in his account I think that is enough. Living in a very comfortable life that demands expenses that's enough.
This person is asking you how much is enough for you, and you are busy responding to what you feel like to respond, we know that money never satisfy any body, the more you have much money is the time you have problem of you will solve with money many people do not believe that money is a problem of itself if you have small money a small problem will come your way and if you big money a big problem will come your way
When one can live lost a huge amount of money or give bigger amounts of money with having an effect in his account I think that is enough. Living in a very comfortable life that demands expenses that's enough.
The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?
At what point will one say that he or she has had enough money?
Human needs never end. Because if a person is given a mountain of gold. Then that person will want to make another mountain of gold. Man is an animal whose needs will never end. For example, Elon Musk is one of the richest people in the world. He wants more so that no one can remove him from one day. With the amount of money he has, a country can be run for several years. But its more demand. She wants to make more money. So I think human needs never end. At what point will one say that he or she has had enough money?
I don't think a man can really be sure of when he's made enough money. But as long as you one have a functioning business/investment, then that's more than right and guaranteed to take a good care of oneself and the family.
Once we are alive we need more money, more cash flow, that's how our needs and wants increases, our problems increase too. For me the only time I can say I have enough money is when all my circle of friends are doing great,my family, relations, my parents are all financially free,then I can I have enough money.
That is true money work with our stay on planets Earth, some people could not make it when they are young and some dignities today make it when they old, some opportunities come when all hope are lost, some you are right indecencies that we leave to see tomorrow we have of surviving, financial freedom is just matters of time.
ideologically and the greed of a person who has common sense will never be enough with what he has
but sometimes money doesn't mean when someone experiences hopelessness with himself as someone has a disease that doesn't go away but in essence we have to appreciate what we have and don't make our greed with money forget everything
but sometimes money doesn't mean when someone experiences hopelessness with himself as someone has a disease that doesn't go away but in essence we have to appreciate what we have and don't make our greed with money forget everything
Money is never going to be enough, not for a beggar and not for a millionaire. We all are in a race of making money and we will always be in it.
it all depends upon the level of satisfaction & it's true that human never reaches the level of satisfaction in term of money.
They are always in search of more & more money. A lot of money can definitely buy you a better lifestyle but what I do believe is that serenity and a sound mind is more important than money.
Family, relationship, frinds & good health is your real wealth and are more important than money.
They are always in search of more & more money. A lot of money can definitely buy you a better lifestyle but what I do believe is that serenity and a sound mind is more important than money.
Family, relationship, frinds & good health is your real wealth and are more important than money.
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