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Author Topic: How much money is enough money?  (Read 1366 times)
Porfirii
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July 09, 2021, 09:34:22 AM
 #41

If 1 million is enough for you then why people who have more than 1 million in their bank accounts are still working? Doing business or anything?

You should ask them, not me Cheesy I suppose that they don't work at McDonalds or a car wash.

If I was paid upfront the money I'd earn in my entire life, take it for granted that I would only keep working or doing business if I really liked it.

About inflation, well, let's start discounting the interests of the credit/mortgage I wouldn't have to pay on my degree/house, apart from the fact I would invest a part of the remaining money (in Bitcoin, for example, which is deflationary).

It seems that some of you get a bit angry at me because 1 million is enough for me and not for you. Instead of trying to change my mind, why don't you reflect on the idea that money is a fiction invented by humans that is praised like a god but that has only the power one gives to it? I would literally live the same life I would without the million, but with a lot more spare time and without the potential obligation to do something that I don't like. If I wanted some lambo/bora-bora dream life it wouldn't be enough, of course, but to me that I don't aspire to such nonsense, it is.

Edit: 1M tax free, I concede Tongue
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July 09, 2021, 07:32:20 PM
 #42

You can speak for yourself but not others.

Many people do not have insatiable needs and wants.

For me at 64 I rather have the time than the money.

I know how I spend.  

I know 10 million would be far more than I want or need since my time left is very likely to be under 35 years.

In fact 3 or 4 million tax free does the trick. But as I said I rather be poorer with less money and 35 years old.
I admire your simplicity, Cheesy



But what is your view if we are talking about the mass rich community? Did they stop earnings after they made 1 Million or even 1 Billion? Nope, is the reality!



If 1 million is enough for you then why people who have more than 1 million in their bank accounts are still working? Doing business or anything?
It seems that some of you get a bit angry at me because 1 million is enough for me and not for you. Instead of trying to change my mind, why don't you reflect on the idea that money is a fiction invented by humans that is praised like a god but that has only the power one gives to it? I would literally live the same life I would without the million, but with a lot more spare time and without the potential obligation to do something that I don't like. If I wanted some lambo/bora-bora dream life it wouldn't be enough, of course, but to me that I don't aspire to such nonsense, it is.

Edit: 1M tax free, I concede Tongue

We are not angry but wanted to express what is happening in this world. Each and everyone has their own preference and dream about their future life style but most people wants the comfort for that they need more money, they wants to stay in 7 star hotel for that they need money and probably they dreamed of Rolls Royce. Grin

I assume that you are at your young age so you are calculating about house rent/Schooling fee and etc but what if you get married and had 2 kids your expectations will change for sure.
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July 13, 2021, 07:04:08 PM
 #43

The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?

At what point will one say that he or she has had enough money?
no one will say I have too much money even the richest people in the world though...

Money is the most attractive human need, someone who really loves money will always look for it no matter what way he/she takes. I really need money but don't really love it because I love my family more than money.
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July 27, 2021, 06:22:41 AM
 #44

how much money is enough money?
At what point will one say that he or she has had enough money?
No one will claim that they have “enough” money, and do not need it.  Mac Lenin's philosophy has said that human needs are limitless.  The richer you are, the more money you have, the higher your level of spending according to your needs will be.  Make a salary of 10 million they will use it appropriately, spend it properly, make a salary of 100 million, you will spend it to meet relationships, create fanfare to earn more partners..  etc.  So nothing is enough, greed is bottomless, it is always envy in the mind.
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August 13, 2021, 03:56:18 PM
 #45

The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?

At what point will one say that he or she has had enough money?

I think the word contentment will be the key. There is no such thing is enough if you are not contented with what you have. Even if you are rich now there are still someone richer than you. Lets learn to appreciate even small things because for some thats already big blessings.
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August 15, 2021, 02:18:54 PM
 #46

The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?

At what point will one say that he or she has had enough money?

It actually depends on the person itself, if he's satisfied or not already on what he has. For me my satisfaction doesn't base on the amount of money that I have but depends on my needs and happiness, as long as I eat, have shelter and clothes and I do things that I like for me that's enough as long as I can sustain those with certain amount that's  enough for me.
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August 20, 2021, 06:41:55 AM
 #47

How much money is enough. The answer is that no one is enough. The Thirst for money can not slake even a man is given a valley full of jewels & diamonds. He will desire one more valley. If the whole blessing of the divine is laid in the lap of humans even then his thirst for wealth will not come to an end. The vessel of the world is too small for human desires. As wealth increases, the thirst for wealth increases with a speed. There is no enough no end. But contentment is a great wealth. A content person can be satisfied himself and thank God in All conditions.
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August 22, 2021, 03:18:02 PM
 #48

The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?

At what point will one say that he or she has had enough money?

For me is a simple answer,just 1 or 2 million Euros is enough for me to have a good life and leave to my kids something behind so they too can have a good life.

However let me tell a story from a boss I worked before,he had 5 businesses and was making 2-3 million Euros in a single business during a year and yet he could not sleep,he took pills to sleep but after a certain time they were not effective anymore.He didn't know what to do,his humor was changing real fast which is a sign of a lunatic person.What I want to say with this is that money is also a sort of illness like the one described in this example and personally I don't want this kind of money(illness) for me and my family.
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August 23, 2021, 06:12:05 PM
 #49

A simple calculation conveys us that when a person accumulates around 400-500 times of their monthly expenses, they have enough to last for another 30 yrs. This means that if you have monthly expenses of Rs 1 lacs per month, then 4-5 crores is a reasonable corpus for you.
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August 25, 2021, 09:33:24 AM
 #50

Normally no amount of money satisfy a man that would want him    not to have interest of money . How much money that is enough is the amount of money one can use to solve his/her problems daily . I think that amount of money enough
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September 05, 2021, 03:55:05 PM
 #51

Getting all of the money in the globe and still not satisfied.
Having less and more relaxed and happy about it.
All that matters is base on one's personal lifestyle.
Humans can never be satisfied at the end if it all,that is to say enough money is not enough for the unsatisfied.
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September 08, 2021, 03:18:34 AM
 #52

Enough money is when you can have all you need. Invested what you need in the future. I think.
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September 09, 2021, 04:05:15 AM
 #53

Money is never be enough to the owner and especially in human curriculum, what makes president after ruling for the first and again they will still fight for second chance to rule again, without money they won't have be fight over position that yields nothing, i think no human can be satisfied with money because it's life and power.
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September 16, 2021, 06:27:47 PM
 #54

Enough money is when you can have all you need. Invested what you need in the future. I think.
And this type of situation isn't going to be possible, ever! Even the richest of the richest men on earth still finds making money appealing. Warren Buffet is still in the business of making money till date despite all his riches. It goes to show that nobody can say they've got all the cash they need as to not to worry about making more money. However, in all of this I think the ultimate thing is to have that level of satisfaction with the little money one has.
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September 17, 2021, 01:00:06 PM
 #55

my answer will never be enough, why? because human nature has lust and is never satisfied with what is produced by humans themselves, for example we have a motorbike, and see other people have cars, we ourselves want to have them, and when we have money then we will go to buy a car, so no matter how much people have money, the answer will never be enough. but all that will stop when we are dead, money will not be sought again and we have had enough.
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September 17, 2021, 02:48:17 PM
 #56

I find this question quite difficult to answer right away. As I am thinking about amounts, no particular numbers come to my mind. I just thought that in this world we live in, that every action that we do requires financial resources, and not to mention that we all have different situations. The necessities, primarily, cannot be sustained without money. And therefore I must say that satisfaction and gratitude towards what you have is what makes it enough.
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September 24, 2021, 11:08:46 AM
 #57

At what point will one say that he or she has had enough money?

To have enough money is impossible, for me!

I am saying it's impossible because we are human beings and we have many basic things to pay for them every day so that we can live. We have to buy food every single day, water, utility bills and etc.

Even the rich people like Jeff Bezos, Elon Musk, Bill Gates, and etc have a lot of money but they still working every day! Why? They keep working because they have to pay a lot of people who are working for them, they have organizations to support people with different problems (anger, illness, disability), sometimes they help government organizations so that they can feed millions of people globally.

So we always need money, even if it's enough for us but sometimes we'll have to keep finding it so that we can help those who are in need.
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September 26, 2021, 10:23:13 AM
 #58

The main thing is not to know how much you need to earn and save in your bank lockers but main point of concern is at what level you will be having satisfaction that all that you want can easily be fulfilled but yes we need to measure them in monetary terms.The person needs to have specifications that what he need to do in order to remain happy and healthy in life but there is problem with human nature and mind.

As you said how much money is enough? The answer to this is we don't know the amount.Because when we earn our needs and greed also grow with the same level and this thing continue to rise until we are bored and having all the commodities.But are we deciding our limits if we speak personally? Like jeff bezos is richest man on planet and could leave all the work and still be able to spend millions of dollars daily for hundred of years but have they retired?There is one very beautiful quote by Mahatma Gandhi on the same:

Quote
There is enough for everyone's need but nothing for anyone's greed"

The lower class who have no jobs or day daily workers would need how much money? What all they want is to have enough to fulfill their daily needs and some extra expenses like food, clothing as they are not having any lure for luxurious commodities.They need that much only and will be happy.

The middle class expectations and need come up with their level and standard of living.They are driving vehicle and need petrol for it,food items,good clothes, going for shopping and all other extra expenses that could be cut off.But still they want to live in that aura and going for loans and Emi.

The upper rich and elite class has enough of enough that we can't imagine but they are spending them on luxurious cars and houses even if they can stay in small house.Sometimes they spend much more than the cost just to make themselves proud of money and esteem.They are enjoying their life their way.

But all the point is who is and how is gonna decide the limits? The world is moving with the same way and we are also part of it nothing else.
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October 13, 2021, 06:35:41 PM
 #59

Money is never going to be enough, as I have seen traders to make millions through hundreds and even seen millionaires losing every penny.
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October 15, 2021, 07:12:13 AM
 #60

The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?

At what point will one say that he or she has had enough money?
Money that is enough is money I can use to solve my problems, my daily needs, money I can I can use to feed my self. With this amount of money I think it's a enough for me, I'm well okay with it.
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