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Author Topic: How much money is enough money?  (Read 2895 times)
nazmul30
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March 22, 2023, 06:59:30 AM
 #121

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?
How much money does a person need to live in the context of today's world?
 The question itself is very good and the answer is relative.

 According to Bangladeshi standards, an adult needs 2122 kilocalories of food per day.  It is possible to collect these calories if roughly 80 to 90 rupees.

 Again if we go by the Burden of Basic Needs (CBN) theory, then adding an additional 30% on top of this 80-90 rupees will cost roughly 100 rupees to live.

 On the other hand, if we go according to international calculations (Millennium Targets), 1.9 dollars per day means that one person needs 160 rupees per day.

 Then if we divide people into 6 categories in the light of wealth ranking, namely upper class, rich, middle class, lower middle class, poor, and extreme poor, then the daily consumption rate will be very different according to the class.  A typical poor family can afford to drive a lot with the cost of a luxury car.

 So what is the conclusion?  The conclusion draws on the last three categories, as they are the majority.  60000 to 8000.  It is impossible for them to live under it.  However, the costs have different relativities.  own house?  Does the child read?  Are there installments for purchasing fixed assets?  etc.
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March 26, 2023, 07:59:13 AM
 #122

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

It’s a really tough question to answer because over time the $ continues to lose purchasing power. What might have been enough to retire 50 years ago would likely not be enough to retire now.

If for example you were 50 years old, I think you’d probably need $2,500,000 or something like that, plus a passive income from a pension to retire & fully enjoy life, not stressing about running out of money. If you asked me this question even 10 years ago my answer might have been $1,500,000.

This is why we buy bitcoin though Wink
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March 27, 2023, 10:30:10 AM
 #123

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 amount is enough, money is insatiable for as much as a man acquires, in same measure does his problems and responsibilities expand.
It has never been recorded that anyone relented from working because the felt they've had enough, we keep striving and trying to make more each day.
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March 27, 2023, 10:26:25 PM
 #124

People never want to say that I have enough money now. He who has as much money as he wants never ends.

A day laborer or a rickshaw puller expects the amount of money he earns daily to be a little more than the amount of money he earns, maybe his life would be better. And an industrialist or a business-man, even if he has a large amount of money, he always thinks how to increase the amount of money.  

So No matter what condition man is in, his wants will never end. If people's wants were limited or if people expressed satisfaction with little, then there would be no such thing as rich and poor in the world. The difference between the rich and the poor in today's world is because people see no end to what they want.
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March 28, 2023, 12:31:48 PM
 #125

the answer to this type of question is subjective and varies from person to person. what may be enough money for one person, may not be enough for another, it depends on individuals goals, needs, and desires. some people may feel that they have enough money when they can comfortably meet their basic needs(good home, saved money for children's education, all that good stuffs) and have some savings for the future. others may feel that they need more money to achieve their goals or to live a certain lifestyle. It’s important to carefully consider your own financial goals and priorities when determining how much money is enough for you.

for me 500k is enough it depends on needs.
Iadegbola34
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March 30, 2023, 08:54:09 PM
 #126

No amount of money is enough money. As long as we're alive and healthy we will continue to want more money. People may say if they have a billion then they will be satisfied but no one has a billionaire dollar just sitting in a bank without thinking of what to Invest in that can yield profit in overtime
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April 08, 2023, 01:34:55 PM
 #127

I would  say money will be enough only if our problems are sloved but in the case that we still need money for our daily lives it is best to say it isn't enough I remember after working from Monday to Friday I will still bear in mind that I will be working also in the coming weeks so if money is to be assumed to be enough I would not have that thought of working again
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April 08, 2023, 07:45:20 PM
 #128

Andrew tate said 20 to 25m usd
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April 10, 2023, 12:38:55 AM
 #129

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?

The craving for wealth is innate in human nature, and this longing can never be fully satisfied. Even if one possesses billions of dollars, the thirst for more still remains. The real culprit is not money itself, but our desires. In third world countries many people live happily with a monthly income of less than $200, and I have personally witnessed families who survive with just $100 per month. On the other hand, there are individuals who possess millions or even billions of dollars, yet they continue to chase more money.

For basic necessities $1000 is sufficient but for a luxurious lifestyle there is no amount that can be deemed adequate. That's why to provide an accurate answer to this question is impossible, and nobody knows the desires of a human other then they themselves.
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April 23, 2023, 10:32:45 AM
 #130

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?
That's a great question, and the answer will vary depending on the individual. The concept of "enough money" is subjective, as it depends on a person's lifestyle, values, and goals. For some people, having enough money means being able to live comfortably, pay bills, and have some savings for emergencies. For others, it may mean having enough to afford luxury items or being able to retire early.

However, it's important to note that chasing after money endlessly can lead to a lot of stress, anxiety, and burnout. Money is just a means to an end, and it's important to find a balance between earning enough to live a comfortable life and pursuing other important things such as family, friends, hobbies, and personal growth.

Ultimately, it's up to each person to determine their own financial goals and priorities and to be content with what they have achieved while striving for more in a responsible manner
alecfisker
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December 11, 2023, 12:46:08 PM
 #131

Andrew tate said 20 to 25m usd
200 to 250m usd
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December 13, 2023, 11:04:21 AM
 #132

It's an issue that affects all of us.

I always see comments from super rich people, it says the following:

I would like everyone to get a lot of money, so they can understand that a lot of money is not the answer.

I agree with this statement, I'm not rich, but money is the means, never the end.
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December 13, 2023, 09:57:55 PM
 #133

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?

The money runs out even if you keep it, so if you ask me the most I need is probably around 2M or maybe 1M because you will just rotate it until it grows so in short there is not enough money for me. Because the world revolves, you are not at the top every day.
Maybe I can just say that you have enough money if you are a millionaire.
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December 21, 2023, 01:22:44 AM
 #134

So far as life is concerned, people no matter how wealthy they are never gets enough of what they need as they keep on chasing for more money despite the huge amount of money they've made in their lifetime. It marvels me how despite all the wealthy and most influencial people in the world, no body had been able to gather the whole money on earth. I'm not against anyone that has acquired so much money and wealth but my concern is that no matter how much money you've made in your lifetime, everyone will leave this planet earth someday so why not give out some money to charity and also make provisions for platforms that will bring job opportunities to the youths and the society at large rather than just answering a wealthy man when you've not made any good step towards human capacity development. 

In summary, no body gets enough of money because sometimes in life, we normally say if I get a certain amount of money, we will be contented and not look for money again but as soon as we reach such a level, our demand to acquire more money increases, so human wants are unlimited.
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December 22, 2023, 12:01:17 PM
 #135

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?
Things are getting tough every day and people strive so hard to look for money to feed themselves. The government have failed in providing jobs for graduates,  and give people the opportunity to start something. Places where the government don't provide jobs and the economy is hard for the people,  people will always want to do illegal things just to make money to survive. 
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December 26, 2023, 05:13:10 AM
 #136

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

To me, having enough money comes from the different determinations of each person. But based on my perspective, there is no amount of money that is enough, because as you get richer, you will have more expectations or things you need in life. So eventually, even if you are wealthy enough to the extent that your 10th generation will still spend money lavishly, they will still not get broke. Even if they don’t work again, you will still continue to look for the money. No stop because you will be thinking that any time you stop looking for the money, you will not be recognised again or you might get broke, and others will like to be the wealthiest in the world. So to me, no money is ever enough to stop looking for it. Because as long as you are still alive, you must spend, so you need to look for the money because money is an essential factor in life.
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December 28, 2023, 03:02:55 AM
 #137

what is your daily living expenses and can have x 1 year for living expenses that is enough.
When you don't have a job or income, you still have enough money to live on.
If you want luxury, you have to work hard, if you ask how much money is enough, it's enough for food and other routine needs.
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February 05, 2024, 11:34:40 AM
 #138

Money is never enough for human, As you attain a new level and get the bag, your problems becomes bigger, Your expenses becomes wider, You want to leave that more life, achieve more, close more business deals...In a nutshel no money can be enough for you to believe you have enough.
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February 06, 2024, 06:13:39 PM
 #139

This is a very good question, how much money is enough money?

My dear there was no amount of money that is enough money for one to stop chasing money on daily basis, money has no satisfaction one can never say that he or she has had enough of money and didn't want to hustle again, and that is why alot of things are happening in this beautiful world,bad things are happening, people do all sorts of evil just to have money and one can do evil thing today because of money and when he or she have that money he or she will not stop that evil because he or she will never want that money to go,for example the ritualist,they keep on sacrifice human beings just to make sure the money didn't go down, how I wish money is enough for one to say he or she is done, the ritualist should have been the one you have a limit of sacrifice,but due to money has no limitation that's why they keep on sacrificing..
Another example that money is never enough, take look at our politicians how many of them are ready to stop politics no one everyone wants to occupy the position,even as they are in that position they are giving opportunities to only their children and grandchildren, take a look at the rate of unemployment here in our country today,why because those who are already in that position is not ready to give chances to another person,..

So in my own point of view i don't think there's no amount of money that is enough for man and women in this world and that's why I have man no rest it's because of money....
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February 11, 2024, 04:25:45 AM
 #140

Enough were I'm not forced to work against my will.

Between 2-5 million USD would be enough if invested for financial security in perpetuity. 


Past that it's pretty meaningless.

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