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  #45  
Old 12-27-2019
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Default Re: how much money is needed to live a rich life?

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Originally Posted by H4ck View Post
how much money do you think is needed to live a rich life?

I believe you need at minimum 10 million dollars in 2019 money......to live a fairly nice life in America or the 1st world countries to really enjoy all that life has to offer and that is for 1 person from 20 years old all the way to 95 years old......provided that the person has an education and continues to reinvest their money properly.

10 million / 75 years = 133k/year

11k/month

personally thats why I kind of want to give up on life........I will never reach that goal most people in their 60s generally retire with only about 200k in their savings account on average

people think I am crazy that I should be the happiest person on earth raking in 30-50k a month in profit but its hard to sustain I think I can only sustain this for another year or two. I don't pay attention to 1 or 2 years of money I pay attention to the entire lifespan and how much it costs to live like a king on earth every single day until you die.

Wanna give up on life because you cannot attain a certain level of materialism?

Maybe you need to re-evaluate what a nice life is.
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  #46  
Old 12-27-2019
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Default Re: how much money is needed to live a rich life?

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Originally Posted by RipeBanana View Post
Wanna give up on life because you cannot attain a certain level of materialism?

Maybe you need to re-evaluate what a nice life is.
Materialism does that to you, true
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  #47  
Old 01-01-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by H4ck View Post
my annual income this year, I am in the top 1% in the country....yet to me I do not feel like I have made an incredible accomplishment.
That's because you spend all your spare time making up stories on the Internet.
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  #48  
Old 01-01-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by FlyTo View Post
Money is never enough. You always want to have more than you have, such human greed.
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  #49  
Old 01-01-2020
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Default Re: how much money is needed to live a rich life?

I think it depends on your lifestyle and where you live.. you can live like a king for 1k a month in certain parts of the world but in other parts you can't even rent a place to live.

Maybe find out what you want in life.. figure out where you can get that for the best price and make life decisions to get you there.

A lot of places in East Asia you can live like a king for pretty cheap compared to Western countries. Thailand for example. For 2k a month you can party everyday if you want.

Money isn't everything. Sure it's important but you should just treat it as a tool rather than your life purpose. I made that mistake when I was younger. It was all I cared about. It's only now I'm taking a step back and realizing money makes life easier and richer but it shouldn't be the source of your happiness.
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  #50  
Old 01-01-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by aspkin View Post
...money makes life easier and richer but it shouldn't be the source of your happiness.
^^ This ^^
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  #51  
Old 01-01-2020
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Default Re: how much money is needed to live a rich life?

Just a little bit more.
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  #52  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by Emporium View Post
Just a little bit more.
A little is not a lot though
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  #53  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by H4ck View Post
the real answer is I have no phucking idea what happiness is...
Fixed that for you...
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  #54  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

H4ck only started this thread to tell everyone how much money he claims to be making
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  #55  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by H4ck View Post
the real answer is money does buy happiness you and I just never experienced it to the highest degree before...billions of dollars...
Lol, you don't need very much money to be happy.

I think happiness can be had with a medium income + other sources of happiness such as good health, friends, family.

Billions of dollars without good health, friends and family.. I don't think I would be as happy.
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  #56  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

If you can manage your money well, you can have a rich life even with 1-2m usd.
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  #57  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

You should see what you can get in the UAE for that money. Goes a lot further!
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  #58  
Old 01-02-2020
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Default Re: how much money is needed to live a rich life?

Different countries, different consumption, different lifestyles and beliefs.
To make you happy, money is important, but it is only part of it. not all.
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  #59  
Old 01-04-2020
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Default Re: how much money is needed to live a rich life?

Quote:
Originally Posted by agent006140 View Post
not having enough money can make your life miserable,
Feel free to elaborate?
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  #60  
Old 01-04-2020
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Default Re: how much money is needed to live a rich life?

Quote:
Originally Posted by aspkin View Post
I think it depends on your lifestyle and where you live.. you can live like a king for 1k a month in certain parts of the world but in other parts you can't even rent a place to live.

Maybe find out what you want in life.. figure out where you can get that for the best price and make life decisions to get you there.

A lot of places in East Asia you can live like a king for pretty cheap compared to Western countries. Thailand for example. For 2k a month you can party everyday if you want.

Money isn't everything. Sure it's important but you should just treat it as a tool rather than your life purpose. I made that mistake when I was younger. It was all I cared about. It's only now I'm taking a step back and realizing money makes life easier and richer but it shouldn't be the source of your happiness.
Maybe 10-20 years ago, not anymore. I live in the Philippines for most of the year, spend $3k a month and not living like a king lol.
It's only really services that are a lot cheaper, and real estate but then that's partly an investment anyway. Good quality food, clothes, electric, gas, electronics are all more expensive here than in the US.
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  #61  
Old 01-05-2020
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Default Re: how much money is needed to live a rich life?

Quote:
Originally Posted by dan_ebay View Post
Maybe 10-20 years ago, not anymore. I live in the Philippines for most of the year, spend $3k a month and not living like a king lol.
It's only really services that are a lot cheaper, and real estate but then that's partly an investment anyway. Good quality food, clothes, electric, gas, electronics are all more expensive here than in the US.
Well living like a King is an exaggeration of course, but on $3k USD you are living a very comfortable life in the Phillipines

Let's say for example you are living in Davao City, average salaries there are $250 a month, so you're spending 12 times that amount, and you have the luxury of also saving money.
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  #62  
Old 01-05-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by sax4 View Post
Well living like a King is an exaggeration of course, but on $3k USD you are living a very comfortable life in the Phillipines

Let's say for example you are living in Davao City, average salaries there are $250 a month, so you're spending 12 times that amount, and you have the luxury of also saving money.
Comfortable yeah but not really luxurious atall. Luxury items tend to be more expensive like I said. Nice cars, good quality food etc as it's all imported and/or taxed to death. The only big saving is cheap (slave) labor, so I could get a cheap cook, maid etc if I wanted to but the last 1 tried to burn my house down so I don't fancy it to be fair lol.
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  #63  
Old 01-05-2020
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Default Re: how much money is needed to live a rich life?

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Originally Posted by tinsoldier View Post
FFS don't encourage them.
I'm sorry
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  #64  
Old 01-07-2020
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Default Re: how much money is needed to live a rich life?

Quote:
Originally Posted by FlyTo View Post
Someone can be rich with few thousand and for another one to have few millions is not enough
Very true.

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  #65  
Old 02-17-2020
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Default Re: how much money is needed to live a rich life?

Passive income that you can keep building on is what my aim is.not having to get up n do a dam thing if I don’t want
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  #66  
Old 04-17-2020
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Default Re: how much money is needed to live a rich life?

Quote:
Originally Posted by chrielwu View Post
Different countries, different consumption, different lifestyles and beliefs.
To make you happy, money is important, but it is only part of it. not all.
yes this is right
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