Reply to Why do people who make 500k + not "feel" rich?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of posts on this so I believe it but I don't understand it.

Is it really true that the .01% is that much better off than everyone else so it's them and everyone else? I feel like that is the underlying argument about high earners not being rich.[/quote]

OP, I make over that, and, I am not sure what 'feeling rich' means? I work hard, and, am grateful for it. But, do I 'feel rich'? I am not even remotely sure what that is, or, what it means.  Maybe you can better explain your thinking?[/quote]

DP.  Pretty sure the OP means why don't you wealthy people feel wealthy.  It's not rocket science.  If you make over $500k a year, you are wealthy.  Period.  If you don't feel wealthy, WTH is wrong with you?[/quote]

May I ask what your income is? As people are saying, it’s all relative. If you, or the people in your circle all make $70k, then $500k seems “rich.”  But boring life stuff sucks a lot of it away. Aside from taxes (which takes a lot, btw) then there is also a big mortgage, tuition, and all sorts of other bills.

But. Yes, $500k means you get to buy organic, wear nicer clothes, take vacations, and drive a nicer car. But not “too” nice! 500k still means you have to be careful and stay within budgets. [/quote]

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