Topic: How much money is enough money? - page 9. (Read 3273 times)
That´s like how many cars are enough. A lot yes, enough never.
At what point will one say that he or she has had enough money?
It depends a lot by each and every person, since with more money at hand people always tend to spend more. And the country they are living in.
I've read somewhere many years ago that a study concluded a number around 3M USD, iirc.
Then some may count it by the yearly income they'd expect multiplied by the life expectancy. This depends also by the size of household, but I think there again the number is at least 1.5-2M USD.
Lately many tell that the number could be much simpler: 1 BTC. But they may be just dreamers and we get into speculation.
There are many factors to consider here. One of them is life expectancy as it has been mentioned, also current expenses/lifestyle.
Personally, as far as I'm concerned, I would divide the question into two:
1) How much is enough money to ensure financial stability on the day I die.
2) How much is enough money to live a dream life.
For 2) I would need much more money than for 1).
I'll probably achieve 1) by myself, with my current saving/investing plan.
I'll probably won't achieve 2) unless I'm really lucky or something, so I guess I'll never have enough.
This being said, I'll rest easy enough getting 1), knowing that I'm better off than most people.
At what point will one say that he or she has had enough money?
It depends a lot by each and every person, since with more money at hand people always tend to spend more. And the country they are living in.
I've read somewhere many years ago that a study concluded a number around 3M USD, iirc.
Then some may count it by the yearly income they'd expect multiplied by the life expectancy. This depends also by the size of household, but I think there again the number is at least 1.5-2M USD.
Lately many tell that the number could be much simpler: 1 BTC. But they may be just dreamers and we get into speculation.
Well, for me, if you have to do illegal things, then no money is enough money. You can live happily working or investing in legit projects, so there is no need to go shady.
On the other hand, for a typical life, I guess that 1 Million is enough money, at least for me. Having your house paid, maybe another one in order to rent it, and plenty of money to spend for your entire life; well, this is if you don't have expensive hobbies, at least, but it is not my case, I am happy with little.
On the other hand, for a typical life, I guess that 1 Million is enough money, at least for me. Having your house paid, maybe another one in order to rent it, and plenty of money to spend for your entire life; well, this is if you don't have expensive hobbies, at least, but it is not my case, I am happy with little.
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?
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