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My personal benchmark of "rich" has long been to have enough money to quit working. However, it's clear that this is all relative. To my mom, making $50k in a s
by aftbit 4y ago
My personal benchmark of "rich" has long been to have enough money to quit working. However, it's clear that this is all relative. To my mom, making $50k in a single year was a life-long milestone that she only passed towards the end of her career. She would certainly have seen someone who made $300k/yr and had $1M in the bank as "rich", even if that would not meet my benchmark.
- AndrewKemendo 4y agoI don't even use the word Rich in my post. That is precisely the point. "The Rich" is not a fixed amount of wealth, it's simply the class striving to NOT BE LABOR "have enough money to quit working" is the desire to be a landlord, making money with no work input. That's the class I am describing as the problem.