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>My measure of rich is "Can I live my current lifestyle without regular income from a job?" I would say that's wealthy. Rich, to me, is if you have the means
by treis 7y ago
>My measure of rich is "Can I live my current lifestyle without regular income from a job?"
I would say that's wealthy. Rich, to me, is if you have the means to buy and do what you want for a reasonable set of desires. In other words, you can buy a nice house in a nice area, drive a new luxuryish (i.e. BMW level) car, go on vacations, and buy stuff like a big TV without worrying. Somewhere between 150k and 300k salary depending on the area.
- jedberg 7y agoSo then if you lose your job you're no longer rich? Are you then poor? The problem, to me, in differentiating rich vs wealthy based on how you get your money is that it makes things too fluid.
- DuskStar 7y agoBut to me (at least) how you get your money is the fundamental difference. The rich guy has to go to work - the wealthy guy has to do whatever he wants.
- treis 7y ago>So then if you lose your job you're no longer rich? A rich person will have enough of a buffer to still spend like a rich person until they find their next job. If you can't find one then yeah eventually you slide down from rich.