Thread: How much money do you need to make a year to be considered "rich"???(srs)

Thoughts on this? I feel like when I first joined back in 2010-2011 100k USD a year was considered "rich" and balling. But now-a-days I feel like 100k USD is equal to what 70k was back in 2010. Everything is so damn expensive.

My numbers:

Upper Class: 175k a year
Wealthy: 220k a year
Balling: 300k a year

Depends what's considered rich

Is it rich to make 350k/year

Is it rich to live with a small tight-knit village community in nature

Depends

Originally Posted by Harry362

Rich is someone who doesn't have to work at all


500k+ household income upper class
200-499k - middle class
0- 200k - poverty

Sorry I was posting a single earner not Household income.

Originally Posted by IronFeta

Depends what's considered rich

Is it rich to make 350k/year

Is it rich to live with a small tight-knit village community in nature

Depends

Big house, expensive car, no debt, fly first class, stay in luxury hotels, dont check the price tag on most items you buy.

Originally Posted by GNSweetPrince

I'd say middle class is when you can afford to have 1 child and pay all the expenses listed below:

- Child has their own bedroom
- good school district
- child never pays for their own college
- any extracurriculars the child wants
- <30 minute commute for all members of the household
- house is on a 1/4 acre lot or larger

Rich is when you can have 3 or more children and do the above.

Good definition IMO.

try living below your means


it is a lot easier to be rich