Define rich

[Fayadi]

I am just curious on how people in CFC think what defines 'rich'?

 

[Lord Baal]

The last option seems closest. Inflation means that money aint worth as much as it used to be, with all respect to Dr Evil.

 

[Perfection]

Depends on context.

 

[trader/warrior]

Your tophat must be atleast this tall

----->

 

[bhsup]

Having the love of friends and family.

 

[azzaman333]

More monies than I have.

 

[Hygro]

Wealth is controlling the means of production.

Power is controlling the means of distribution.

 

[Tee Kay]

Having the love of friends and family.

This. I'm quite poor.

In monetary terms, I reckon if you have 1 million USD + you're pretty rich.

 

[Kraznaya]

Being rich has more to do with the amount of disposable income you have available throw around than whatever assets you have.

 

[Labtec600]

When Uncle Sam says you have too much money and he needs to take it to give to others.

 

[really]

In monetary terms it's relative. To have a millionaire lifestyle in the west you need a lot more than $1M.

If compared to someone who lives on a dollar a day I am as rich as a king.

Many people confuse having a millionaires lifestyle with being a millionaire - having debts rather than having assets.

 

[SS-18 ICBM]

How much debt does the guy have?

 

[El_Machinae]

Rich is being able to live off of the income generated by your assets.
Wealthy is being able to live luxuriously off of the income generated by your assets, and that income is growing.

 

[JerichoHill]

In monetary terms it's relative. To have a millionaire lifestyle in the west you need a lot more than $1M.

If compared to someone who lives on a dollar a day I am as rich as a king.

Many people confuse having a millionaires lifestyle with being a millionaire - having debts rather than having assets.

Most millionaires are not living a lavish lifestyle.

Just saying.

 

[Godwynn]

The amount would probably be different between what I living in the boonies say, and what someone from NYC would say.

 

[Phlegmak]

I'll define myself as rich when I make that $1Mil I'm aiming toward.

 

[really]

Most millionaires are not living a lavish lifestyle.

Just saying.

I agree.

The people with the big houses and new cars seem to be the ones struggling under lots of debt at the moment.

 

[GenMarshall]

Has or makes more money than I do!

 

[Rashiminos]

The poll's choices are too low.

 

[Princeps]

If you have 1 000 000 in USD or liquid assets you're pretty rich.