Saturday, February 20, 2010

How much yearly income would you need in order to feel rich?




How much yearly household income would you need in order to feel rich? Before reading on, think about if for a moment and come up with a figure.

In the US a large survey was conducted by Target Point Consulting, and the answer was discovered: on average people would need about double their current yearly income in order to feel rich. For example, people who have a current household income of 50,000 said they would feel rich if they had a yearly income of 100,000. People who had a current income of 100,000 said they would feel rich if they had an income of 200,000. People with a yearly income of 150,000? They'd need 300,000 before they'd feel rich. And so on.

Conclusion: It doesn't matter how much you earn you will never, NEVER feel rich. People say they need double their current income, pretty much regardless of what their current income is. This makes sense, since people are much more likely to notice people who are better off than themselves, than people who are worse off than themselves. It's human nature.

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