What do you consider a wealthy family? What are some of the details...vacation house, country club?

Anonymous
Anonymous wrote:"Wealthy" seems like 10x whatever your current net worth is.


I agree

Anonymous
Wealthy means money saved to me. Essentially living on money not coming from any type of employment. If you were to not have any employment income and you can still live a an indulgent life. Also what you spend is far less than what money you have.

Rich means that you have a a lot of money now but you may be spending it all or using it. Or your money isn't enough to last the lifetime. Many tv stars, athletes etc are rich now but they can't sustain their lifestyle without having money come in. The kind that can go into foreclosure, bankruptcy etc

Just my thoughts
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