MissB
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Tue Sep-20-05 04:14 PM
Response to Original message |
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It is all subjective anyway. Some categories are hard to quantify with numbers, although I found myself tempted at times.
Stinking Rich? More money than God.
Rich? When your money works for you versus when you work for your money.
Well Off? Six figure income, nice house, can spend money with little thought.
Comfortable? Six figure income, budgeting.
Upper Middle Class? Not-quite six figure income, serious budgeting to live a good lifestyle.
Middle Class? Budgets are a fact of life, but the future looks good.
Lower Middle Class? Tossing the financial balls in the air and juggling them a good bit. Income in the $40k's-60k's.
Lower Income? Your average grocery store worker income. Barely making it.
Poor? No savings, little income, relying on social services for basic needs.
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| -What do you consider RICH? |
mondo joe |
Sep-20-05 02:58 PM |
#0 |
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What is 'wealthy' |
AX10 |
Sep-20-05 03:00 PM |
#1 |
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You got more than me. |
MarvinBarns |
Sep-20-05 03:01 PM |
#2 |
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welcome to the DU! |
andyhappy |
Sep-20-05 03:02 PM |
#3 |
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I never said that I have 10 million, just that is what... |
AX10 |
Sep-20-05 03:04 PM |
#5 |
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Welcome to DU, MarvinBarns! |
StellaBlue |
Sep-20-05 04:33 PM |
#61 |
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Yes, it's all just envy |
Dutch |
Sep-21-05 05:35 AM |
#98 |
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If you're anywhere near $500,000 |
sandnsea |
Sep-20-05 03:08 PM |
#15 |
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If You Don't Have Enough to Provide a Middle-Class Income |
ribofunk |
Sep-20-05 03:17 PM |
#28 |
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Yeah well |
sandnsea |
Sep-20-05 03:43 PM |
#44 |
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Me too ... dentists are now richer than most doctors |
cmt928 |
Sep-21-05 11:26 AM |
#105 |
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Bwahaha. |
lukasahero |
Sep-20-05 04:37 PM |
#62 |
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What she said |
haydukelives |
Sep-20-05 08:41 PM |
#72 |
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Rich = more money than most people have |
jmowreader |
Sep-20-05 08:48 PM |
#73 |
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True wealth is not measured in $$$ |
Gunit_Sangh |
Sep-20-05 03:03 PM |
#4 |
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Very nice answer! |
CrispyQGirl |
Sep-20-05 03:06 PM |
#11 |
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"There are two ways to be rich |
MindPilot |
Sep-20-05 03:23 PM |
#31 |
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yes it is |
pitohui |
Sep-20-05 03:08 PM |
#12 |
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Then don't sully yourself with this thread on mundane $ wealth. |
mondo joe |
Sep-20-05 03:53 PM |
#50 |
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Agree |
Seansky |
Sep-20-05 11:24 PM |
#91 |
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Wow, I've never really thought about it so specifically before. |
CrispyQGirl |
Sep-20-05 03:04 PM |
#6 |
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That looks about right to me. n/t |
tasteblind |
Sep-20-05 03:09 PM |
#17 |
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since I am alone, I do not go by families of four |
hfojvt |
Sep-20-05 03:53 PM |
#51 |
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Also depends where you live, and the relative cost of living |
belle |
Sep-20-05 08:35 PM |
#71 |
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I agree with that |
StellaBlue |
Sep-20-05 04:12 PM |
#55 |
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that's pretty much what I say. |
SmokingJacket |
Sep-20-05 04:54 PM |
#63 |
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that sounds about right |
samsingh |
Sep-22-05 01:42 PM |
#118 |
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depends where you live |
NewJeffCT |
Sep-20-05 03:04 PM |
#7 |
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Was just talking about this yesterday with a friend from Long Island. |
smbolisnch |
Sep-20-05 03:56 PM |
#52 |
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Just in Connecticut... |
NewJeffCT |
Sep-20-05 04:57 PM |
#64 |
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Yep - it is all dependant on local COL. |
smbolisnch |
Sep-20-05 05:00 PM |
#66 |
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actually |
shanti |
Sep-20-05 09:13 PM |
#79 |
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yes |
NewJeffCT |
Sep-20-05 09:36 PM |
#81 |
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What is the value of seeing what I think those various categories are? |
bryant69 |
Sep-20-05 03:05 PM |
#8 |
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Point of view dependant |
Ready4Change |
Sep-20-05 03:06 PM |
#9 |
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Upper to Stinking |
sandnsea |
Sep-20-05 03:06 PM |
#10 |
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well, I think anything over $150-$200K/year, but it's regional. |
faithfulcitizen |
Sep-20-05 03:08 PM |
#13 |
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You're a Bad "undeclared" |
BOHICA06 |
Sep-20-05 03:12 PM |
#22 |
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what's that mean? :) |
faithfulcitizen |
Sep-20-05 03:15 PM |
#25 |
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I have a couple of quotes from Webster Hubbell |
hfojvt |
Sep-20-05 03:28 PM |
#33 |
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There is INCOME..and there is NET WORTH...very different |
patdem |
Sep-20-05 03:08 PM |
#14 |
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Middle class??? |
sandnsea |
Sep-20-05 03:10 PM |
#18 |
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million dollars NET WORTH. |
MsTryska |
Sep-20-05 03:12 PM |
#23 |
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See #39 n/t |
sandnsea |
Sep-20-05 03:38 PM |
#40 |
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do you never plan to retire |
pitohui |
Sep-20-05 03:15 PM |
#26 |
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They don't have a million dollars |
sandnsea |
Sep-20-05 03:37 PM |
#39 |
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the value of the pensions is often more than a million |
pitohui |
Sep-20-05 03:43 PM |
#45 |
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Now you're just stretching |
sandnsea |
Sep-20-05 03:47 PM |
#47 |
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well bear in mind that these days |
MsTryska |
Sep-20-05 04:05 PM |
#53 |
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LOL, That sounds like the northeast or west coast... |
Solon |
Sep-21-05 03:12 AM |
#94 |
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My husband's company has a pre-retirement seminar for its employees. |
phylny |
Sep-22-05 01:22 PM |
#113 |
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i took it in term of income..... |
MsTryska |
Sep-20-05 03:10 PM |
#19 |
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The middle class is living 'one moth's salary away from bankruptcy' |
rman |
Sep-20-05 03:14 PM |
#24 |
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I'll let you define it in your answer. :-) |
mondo joe |
Sep-20-05 03:42 PM |
#42 |
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hmm...well for me? |
MsTryska |
Sep-20-05 03:08 PM |
#16 |
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If you have a billion in the bank, you could spend a million each year |
rman |
Sep-20-05 03:10 PM |
#20 |
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Stinking rich is a billion or more in assets. |
Cleita |
Sep-20-05 03:10 PM |
#21 |
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shouldn't comfortable be between Lower and Middle Class? |
Lenore |
Sep-20-05 03:17 PM |
#27 |
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no -- comfortable is a euphemism for upper middle or upper class |
pitohui |
Sep-20-05 03:33 PM |
#35 |
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Rich=Peace of Mind |
Seansky |
Sep-20-05 03:18 PM |
# |
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yes, well, agn, a way of denying the reality of OUR society |
pitohui |
Sep-20-05 03:36 PM |
#38 |
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Well, I have lived in both side of the spectrum, really poor in a third |
Seansky |
Sep-20-05 11:06 PM |
#85 |
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Rich to me |
MindPilot |
Sep-20-05 03:18 PM |
#29 |
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A cynical view of things - here's mine... |
jlseagull |
Sep-20-05 03:22 PM |
#30 |
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hahahaha |
StellaBlue |
Sep-20-05 04:20 PM |
#57 |
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yeap! and the rest of us are just underprivileged and |
Seansky |
Sep-20-05 11:18 PM |
#86 |
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lol |
CrispyQGirl |
Sep-22-05 12:43 PM |
#111 |
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rich is net worth of $20 million or more |
leftofthedial |
Sep-20-05 03:27 PM |
#32 |
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That fits a family I know - the mother is valued at about 20 mil and |
mondo joe |
Sep-20-05 03:47 PM |
#48 |
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I don't know how to break this out |
Blue_In_AK |
Sep-20-05 03:30 PM |
#34 |
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I agree |
StellaBlue |
Sep-20-05 04:22 PM |
#58 |
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bingo |
blindpig |
Sep-20-05 05:00 PM |
#65 |
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So you believe a hard working janitor should be paid the |
ArkDem |
Sep-21-05 03:51 PM |
#109 |
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Agree. |
Seansky |
Sep-20-05 11:20 PM |
#88 |
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This is not so clear cut as it seems |
jzodda |
Sep-20-05 03:34 PM |
#36 |
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I'm not sure about those categories. |
Donald Ian Rankin |
Sep-20-05 03:35 PM |
#37 |
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it is v. different in the usa |
pitohui |
Sep-20-05 03:40 PM |
#41 |
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I agree with the other respondent |
StellaBlue |
Sep-20-05 04:26 PM |
#60 |
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rich means never having to work again |
LSK |
Sep-20-05 03:42 PM |
#43 |
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It has to do with income and debt |
slackmaster |
Sep-20-05 03:44 PM |
#46 |
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Someone who doesn't need to be employed to have a debt-free comfortable |
1932 |
Sep-20-05 03:51 PM |
#49 |
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Best post of this thread! Great reasoning, very interesting explanation. |
BlueIris |
Sep-21-05 03:47 AM |
#96 |
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Hey, thanks. |
1932 |
Sep-21-05 10:45 AM |
#102 |
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Rich = most Americans |
StellaBlue |
Sep-20-05 04:09 PM |
#54 |
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Things cost more here - the "wealthy" line is higher, not lower |
melody |
Sep-21-05 03:53 PM |
#110 |
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Interesting question |
missb |
Sep-20-05 04:14 PM |
#56 |
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The ability to buy necessities without EVER having to wonder if you have |
Lefty48197 |
Sep-20-05 04:23 PM |
#59 |
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I've an uncle who is "well off" and another who is "rich" |
Maine Mary |
Sep-20-05 05:14 PM |
#67 |
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Rich - those who can afford some high-priced luxuries comfortably |
mvd |
Sep-20-05 05:47 PM |
#68 |
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Too many categories, you must be rich. |
greyhound1966 |
Sep-20-05 05:52 PM |
#69 |
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Too few categories. You must not appreciate nuance. Is that you *? |
mondo joe |
Sep-20-05 08:29 PM |
#70 |
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ha ha you're so busted. Nuance, hahaha! Lemme guess, you make |
greyhound1966 |
Sep-20-05 10:43 PM |
#83 |
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Not even close. Are "big words" a problem for you too? *? |
mondo joe |
Sep-20-05 10:51 PM |
#84 |
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OK whatever you say. BTW I'd hardly classify nuance as a big word. n/t |
greyhound1966 |
Sep-21-05 02:18 AM |
#93 |
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I'm not the one who made such a fuss over the word. |
mondo joe |
Sep-21-05 08:41 AM |
#101 |
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you talking income or capital? |
rman |
Sep-21-05 04:19 AM |
#97 |
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Chris Rock has it right. |
11 Bravo |
Sep-20-05 08:56 PM |
#74 |
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Ha Ha..give Chris one on that. n/t |
fortyfeetunder |
Sep-20-05 11:18 PM |
#87 |
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Chocolate covered lard |
sakabatou |
Sep-20-05 08:56 PM |
#75 |
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*tee hee....Me in so many ways... thanks for asking. (n/t) |
MazeRat7 |
Sep-20-05 08:58 PM |
#76 |
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How the rich are different from you and I |
jmowreader |
Sep-20-05 09:02 PM |
#77 |
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It's amazing how different our perspectives can be |
MindPilot |
Sep-21-05 03:32 PM |
#107 |
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I'm with you there. |
mondo joe |
Sep-22-05 12:49 PM |
#112 |
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When the interest on your accounts is so great you don't need to work. |
Zynx |
Sep-20-05 09:12 PM |
#78 |
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The actual numbers mean less than the level of comfort |
Lydia Leftcoast |
Sep-20-05 09:14 PM |
#80 |
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Having the love of my children. n/t |
hootinholler |
Sep-20-05 10:18 PM |
#82 |
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That is it. |
Seansky |
Sep-20-05 11:22 PM |
#90 |
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7-8 figure income n.t |
tyedyeto |
Sep-20-05 11:21 PM |
#89 |
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My take... |
TwoSparkles |
Sep-20-05 11:30 PM |
#92 |
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You are forgetting entirely about social capital |
eridani |
Sep-21-05 03:45 AM |
#95 |
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Rich= Someone who can afford 3 half naked hula girls to swat |
B Calm |
Sep-21-05 05:44 AM |
#99 |
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Deleted message |
Name removed |
Sep-21-05 05:51 AM |
#100 |
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Rich IMO only, is when my money is making enough money |
mtnester |
Sep-21-05 11:05 AM |
#103 |
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All I know is, my household makes around $100K |
dback |
Sep-21-05 11:22 AM |
#104 |
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Rich is spending what you want, |
calico1 |
Sep-21-05 11:28 AM |
#106 |
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Per Anum |
ArkDem |
Sep-21-05 03:38 PM |
#108 |
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Upper Middle Class "$1,000,000"?! |
Zynx |
Sep-22-05 01:26 PM |
#114 |
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You are right... |
ArkDem |
Sep-22-05 03:12 PM |
#126 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 01:30 PM |
#115 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 01:34 PM |
#116 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 01:39 PM |
#117 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 01:43 PM |
#119 |
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You might be rich when..... |
Barbra Whiner |
Sep-22-05 01:47 PM |
#120 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 01:50 PM |
#121 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 02:04 PM |
#122 |
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You might be rich when...... |
Barbra Whiner |
Sep-22-05 02:12 PM |
#123 |
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Doesn't it depend on where you live? |
HoosierClarkie |
Sep-22-05 02:14 PM |
#124 |
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You might be rich when.... |
Barbra Whiner |
Sep-22-05 02:17 PM |
#125 |