Topic: How much money is enough money? - page 6. (Read 2844 times)
A simple calculation conveys us that when a person accumulates around 400-500 times of their monthly expenses, they have enough to last for another 30 yrs. This means that if you have monthly expenses of Rs 1 lacs per month, then 4-5 crores is a reasonable corpus for you.
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?
For me is a simple answer,just 1 or 2 million Euros is enough for me to have a good life and leave to my kids something behind so they too can have a good life.
However let me tell a story from a boss I worked before,he had 5 businesses and was making 2-3 million Euros in a single business during a year and yet he could not sleep,he took pills to sleep but after a certain time they were not effective anymore.He didn't know what to do,his humor was changing real fast which is a sign of a lunatic person.What I want to say with this is that money is also a sort of illness like the one described in this example and personally I don't want this kind of money(illness) for me and my family.
How much money is enough. The answer is that no one is enough. The Thirst for money can not slake even a man is given a valley full of jewels & diamonds. He will desire one more valley. If the whole blessing of the divine is laid in the lap of humans even then his thirst for wealth will not come to an end. The vessel of the world is too small for human desires. As wealth increases, the thirst for wealth increases with a speed. There is no enough no end. But contentment is a great wealth. A content person can be satisfied himself and thank God in All conditions.
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?
It actually depends on the person itself, if he's satisfied or not already on what he has. For me my satisfaction doesn't base on the amount of money that I have but depends on my needs and happiness, as long as I eat, have shelter and clothes and I do things that I like for me that's enough as long as I can sustain those with certain amount that's enough for me.
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?
I think the word contentment will be the key. There is no such thing is enough if you are not contented with what you have. Even if you are rich now there are still someone richer than you. Lets learn to appreciate even small things because for some thats already big blessings.
how much money is enough money?
At what point will one say that he or she has had enough money?
No one will claim that they have “enough” money, and do not need it. Mac Lenin's philosophy has said that human needs are limitless. The richer you are, the more money you have, the higher your level of spending according to your needs will be. Make a salary of 10 million they will use it appropriately, spend it properly, make a salary of 100 million, you will spend it to meet relationships, create fanfare to earn more partners.. etc. So nothing is enough, greed is bottomless, it is always envy in the mind. At what point will one say that he or she has had enough money?
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?
no one will say I have too much money even the richest people in the world though...At what point will one say that he or she has had enough money?
Money is the most attractive human need, someone who really loves money will always look for it no matter what way he/she takes. I really need money but don't really love it because I love my family more than money.
You can speak for yourself but not others.
Many people do not have insatiable needs and wants.
For me at 64 I rather have the time than the money.
I know how I spend.
I know 10 million would be far more than I want or need since my time left is very likely to be under 35 years.
In fact 3 or 4 million tax free does the trick. But as I said I rather be poorer with less money and 35 years old.
I admire your simplicity, Many people do not have insatiable needs and wants.
For me at 64 I rather have the time than the money.
I know how I spend.
I know 10 million would be far more than I want or need since my time left is very likely to be under 35 years.
In fact 3 or 4 million tax free does the trick. But as I said I rather be poorer with less money and 35 years old.
But what is your view if we are talking about the mass rich community? Did they stop earnings after they made 1 Million or even 1 Billion? Nope, is the reality!
If 1 million is enough for you then why people who have more than 1 million in their bank accounts are still working? Doing business or anything?
It seems that some of you get a bit angry at me because 1 million is enough for me and not for you. Instead of trying to change my mind, why don't you reflect on the idea that money is a fiction invented by humans that is praised like a god but that has only the power one gives to it? I would literally live the same life I would without the million, but with a lot more spare time and without the potential obligation to do something that I don't like. If I wanted some lambo/bora-bora dream life it wouldn't be enough, of course, but to me that I don't aspire to such nonsense, it is.Edit: 1M tax free, I concede
We are not angry but wanted to express what is happening in this world. Each and everyone has their own preference and dream about their future life style but most people wants the comfort for that they need more money, they wants to stay in 7 star hotel for that they need money and probably they dreamed of Rolls Royce.
I assume that you are at your young age so you are calculating about house rent/Schooling fee and etc but what if you get married and had 2 kids your expectations will change for sure.
If 1 million is enough for you then why people who have more than 1 million in their bank accounts are still working? Doing business or anything?
You should ask them, not me
I suppose that they don't work at McDonalds or a car wash.If I was paid upfront the money I'd earn in my entire life, take it for granted that I would only keep working or doing business if I really liked it.
About inflation, well, let's start discounting the interests of the credit/mortgage I wouldn't have to pay on my degree/house, apart from the fact I would invest a part of the remaining money (in Bitcoin, for example, which is deflationary).
It seems that some of you get a bit angry at me because 1 million is enough for me and not for you. Instead of trying to change my mind, why don't you reflect on the idea that money is a fiction invented by humans that is praised like a god but that has only the power one gives to it? I would literally live the same life I would without the million, but with a lot more spare time and without the potential obligation to do something that I don't like. If I wanted some lambo/bora-bora dream life it wouldn't be enough, of course, but to me that I don't aspire to such nonsense, it is.
Edit: 1M tax free, I concede
Money can never be enough for human being because human wants and needs are insatiable,and the desire to satisfy them makes people crave for more of it.
You can speak for yourself but not others.
Many people do not have insatiable needs and wants.
For me at 64 I rather have the time than the money.
I know how I spend.
I know 10 million would be far more than I want or need since my time left is very likely to be under 35 years.
In fact 3 or 4 million tax free does the trick. But as I said I rather be poorer with less money and 35 years old.
Some of you stated that no money is enough money, that we always need more; some talked about multiple houses, yatches... and everyone that has mentioned the 1 million has said it is NOT enough.
Well, that is the TRAP: the more money, the more expensive toys you want, but this is what they are, just TOYS.
It is quite simple maths: if I work for the next 30 years this is what I could expect to earn in all my life, 1 million. It is $33.333 annually, much more than the annual salary for an average Joe in my country (Spain). So if you asked me again, I would repeat the same answer: 1 million is enough money for me, and I don't see why it shouldn't be for anyone else. I guess that most people here don't just look for financial freedom, and this is the straight way to the slavery of desire and greediness.
If 1 million is enough for you then why people who have more than 1 million in their bank accounts are still working? Doing business or anything?Well, that is the TRAP: the more money, the more expensive toys you want, but this is what they are, just TOYS.
It is quite simple maths: if I work for the next 30 years this is what I could expect to earn in all my life, 1 million. It is $33.333 annually, much more than the annual salary for an average Joe in my country (Spain). So if you asked me again, I would repeat the same answer: 1 million is enough money for me, and I don't see why it shouldn't be for anyone else. I guess that most people here don't just look for financial freedom, and this is the straight way to the slavery of desire and greediness.
We can't draw a line and say this amount of money is enough to live the remaining life as you wish since inflation causes the purchasing power to become less and less while the development increase the expectations increase every year.
Due to inflation there is no finite number for me. What could have been enough money three years ago might not be enough now.
Though something like 0.001% of the worlds money could make me feel I have enough (recalculated every year).
Though something like 0.001% of the worlds money could make me feel I have enough (recalculated every year).
Some of you stated that no money is enough money, that we always need more; some talked about multiple houses, yatches... and everyone that has mentioned the 1 million has said it is NOT enough.
Well, that is the TRAP: the more money, the more expensive toys you want, but this is what they are, just TOYS.
It is quite simple maths: if I work for the next 30 years this is what I could expect to earn in all my life, 1 million. It is $33.333 annually, much more than the annual salary for an average Joe in my country (Spain). So if you asked me again, I would repeat the same answer: 1 million is enough money for me, and I don't see why it shouldn't be for anyone else. I guess that most people here don't just look for financial freedom, and this is the straight way to the slavery of desire and greediness.
Well, that is the TRAP: the more money, the more expensive toys you want, but this is what they are, just TOYS.
It is quite simple maths: if I work for the next 30 years this is what I could expect to earn in all my life, 1 million. It is $33.333 annually, much more than the annual salary for an average Joe in my country (Spain). So if you asked me again, I would repeat the same answer: 1 million is enough money for me, and I don't see why it shouldn't be for anyone else. I guess that most people here don't just look for financial freedom, and this is the straight way to the slavery of desire and greediness.
Money has no Specific Limit, As Nowdays Money is almost Everything, Money fulfill our needs and our dreams so it depend on you and your needs and your dreams that how many money you need to fulfill your dreams and your needs, So Money Has No Specific Limit,
Never enough.If you have 1 million you will want 2 million and more. Even I see rich people living lavish lives, spending without thinking, but they still don't want to stop.keep making money until they die.
If a poor man is given a lot of money, he will take it. If a rich man is given a lot of money, he will take it. And even a very very rich person will also take money. Only a dead person will not accept money.
This is how human nature is, nothing is ever satisfying which makes every persons to have the urge for more even though there is still enough that is left in reservation. The rich keeps on investing to have more wealth while the poor or average people also engaged in things that will bring money for them. In as much as money answereth all things, the urge to make money keeps on increasing with so many reasons and factors that is influencing the way we think. 
Can money ever be enough? When the rich wants to be richer,and the poor wants to be rich by all means.Can money ever be enough,when human needs are insatiable,when human being seem to be satisfied with the one they have,and yet are not contented.Man can never have enough money that can make them say I don't want again,I've had enough.
Money can never be enough for human being because human wants and needs are insatiable,and the desire to satisfy them makes people crave for more of it.
The question on how much money is enough is rhetorical. We all know that humans' wants are insatiable which is the reason why we would never be satisfied even though we owns everything in the world. The more we earn or we are able to acquire will continue to increase because humans wants is numerous and unlimited.
We all have this desire to earn more and more even though we have surplus, the desire never ends. Greed is another factor that could make one to have unlimited desires even though their is still nothing to acquire. This is the reason human being would never be satisfied with their current conditions. Always wanting never tired. Even the richest man in the world is still ready to earn more not considering his surpluses.
We all have this desire to earn more and more even though we have surplus, the desire never ends. Greed is another factor that could make one to have unlimited desires even though their is still nothing to acquire. This is the reason human being would never be satisfied with their current conditions. Always wanting never tired. Even the richest man in the world is still ready to earn more not considering his surpluses.
Human greed is very simple to understand, just like there are uncountable stars in the Galaxy, and then uncountable galaxies in the observable universe, and the outside of the observeable universe is infinitely the same as the inside, human greed is infinite and ever expanding and will end with a person's life only, it knows not any boundary to stop. If one has two oceans of diamond, he will dream of a third one. 
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