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Reply to "Ok DCUrban Mums. What is Rich"
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[quote=Anonymous]Yeah, I disagree. We have a low HHI Of $120k by DCUM standards, and maybe a 3M net worth if you consider our house (purchased for $600k now worth $1.2). I’m currently not working due to the pandemic and distance learning. When I was working, I was bringing in $140k, so our income was more than double. We have two kids in upper elementary and middle. I feel rich. I believe we are rich. While we drive a Toyota have no house cleaners, don’t buy luxury things, we are and feel extremely fortunate. My parents grew up in a developing country with very little except education to propel them forward. They achieved a solidly upper middle class income in the us, though finances were often tight. We were rich and still they struggled and saw the glass half full. I’m trying to flip that for my family and focus on the abundance we have. We really are so lucky compared to so so many. rich is a state of mind. It’s not the same as blindly spending, it’s a state of contentment with what you have and realizing it’s not the most, but it is just right. Yes, we are rich, and we bear a responsibility to others who are not rich. We must pay more taxes and give more to charity.[/quote]
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