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-   -   how much money is needed to live a rich life? (https://www.aspkin.com/forums/general-money-chat/130157-how-much-money-needed-live-rich-life.html)

sax4 01-05-2020 05:11 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by dan_ebay (Post 1059326)
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.

dan_ebay 01-05-2020 08:48 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by sax4 (Post 1059381)
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.

rsot 01-05-2020 08:53 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by tinsoldier (Post 1059235)
FFS don't encourage them. :tears:

I'm sorry :pry:

rsot 01-07-2020 06:09 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by FlyTo (Post 1059632)
Someone can be rich with few thousand and for another one to have few millions is not enough

Very true.

Welcome to the forum - all the best as you master stealth :thumb:

cricket901662 02-17-2020 06:01 AM

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

houdafetny 04-17-2020 07:35 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by chrielwu (Post 1058928)
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

Sunspot144 04-22-2020 04:08 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by cricket901662 (Post 1070066)
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

Agree with this, though I hope to become large and knowledgeable enough to be able sustain my investments during any kind of shifts in economy.

Lots of money earned through compounding, improved work methods makes me very happy.

Ozzie_Stealth 05-04-2020 04:30 PM

Re: how much money is needed to live a rich life?
 
50 k a month

Abordage 05-05-2020 02:17 AM

Re: how much money is needed to live a rich life?
 
It depends what is rich for you!

stealthnorris 05-08-2020 02:12 AM

Re: how much money is needed to live a rich life?
 
Depends on your interpretation of rich

if you have 5k a month and lived in asia you would be living very comfortably.
5k in America and you're barely eating.

rsot 05-11-2020 12:52 AM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by Abordage (Post 1091121)
It depends what is rich for you!

Welcome to the forum - all the best as you master stealth :thumb:


agnostixxx 05-28-2020 05:35 PM

Re: how much money is needed to live a rich life?
 
Quote:

Originally Posted by verifywithsms (Post 1094795)
11-15k a month and have an autopilot business

Any high revenue business will turn into a dead&dry one within a time if you would hope only on "autopilot"

Evofox 06-08-2020 05:07 PM

Re: how much money is needed to live a rich life?
 
Back in 2018 I was living like a King when I moved to Milan, making 800 euro every week was enough to eat every day outside and go party, I think that in Europe you can live a good life making 2500/3000 euro a month.

Joe_Joe 06-08-2020 05:34 PM

Re: how much money is needed to live a rich life?
 
83,333.33333333 per month to make 1,000,000 per year ;)

Gettinghot 06-11-2020 05:54 PM

Re: how much money is needed to live a rich life?
 
It depends of the country you living, in my personal experience, with 10k€ fixed monthly you can live rich life in mostly places at EUROPE.

assad 07-02-2020 08:10 AM

Re: how much money is needed to live a rich life?
 
No amount of money is enough!!


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