So I was thinking... Just how much does one need to be or feel rich?
So I think a bit more... How do I define rich?
Well, let's not talk about the uber rich, so let's not talk about big bungalows or luxury boats, cos that's just way out of what most of us are going to be able to achieve.
Let's look at what many people would deem a wealthy life.
So I'd think someone rich would be living in a condo or landed property. ($3k per mth or $36k per ann)
This person drives a luxury car. ($2k per mth or $24k per ann)
This person can go out and eat and party every day. ($2k per mth or $24k per ann)
This person can buy luxury watches or bags or shoes, etc, regularly. ($2k per mth or $24k per ann)
This person also probably goes for expensive holidays. ($20k per ann)
So this person needs to make around $128k...