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I thought “Wealthy” was when the passive income of the money you already have, pays more than you typically spend.
Basically when you can “Live off the interest alone.”
I thought “Wealthy” was when the passive income of the money you already have, pays more than you typically spend.
Basically when you can “Live off the interest alone.”
I see your version of more of “Financial Independent”. Aka “Fuck you money”. At that level you don’t need to work anymore for a decent life, but you’re not living in what most would consider wealthy luxury. If you need a refresher on “fuck you money” I refer you to this primer (language warning).
“Wealthy” is when you have “Financial Independent”, and you don’t have to look at prices of anything before you buy it. At the lowest tier of “wealthy” $100 is like $1. To the highest tier, there is no likely object on Earth that is outside of their reach.
Only 14%? I’m shocked it’s that high!
I thought “Wealthy” was when the passive income of the money you already have, pays more than you typically spend.
Basically when you can “Live off the interest alone.”
I see your version of more of “Financial Independent”. Aka “Fuck you money”. At that level you don’t need to work anymore for a decent life, but you’re not living in what most would consider wealthy luxury. If you need a refresher on “fuck you money” I refer you to this primer (language warning).
“Wealthy” is when you have “Financial Independent”, and you don’t have to look at prices of anything before you buy it. At the lowest tier of “wealthy” $100 is like $1. To the highest tier, there is no likely object on Earth that is outside of their reach.