How to know if you are rich.

[Konebhar6]

https://finance.yahoo.com/news/know-im-rich-140000452.html

What’s the Amount of Money You Must Have to Be Considered Rich? - $2.2 million

Factors That Determine If You’re Rich
 - You’re Able to Save
 - You Live Below Your Means and not paycheck to paycheck
 - You Can Afford the Things You Want like Car, cruise trip, etc.
 - You’re Motivated By the Life You Want, Not Strictly Money
 - You’re on the Path to Afford the Retirement You Want
 - You Know Money Is a Tool, Not Your Enemy
 - You Have Options like take months off work for child birth, fund a business idea, improve your life, learn a new skill, or expand your wealth, etc.

[Kakynada]

ok

[pavanjagan]

All looks good on paper

[sarfaroshi]

Having atleast  2 acres in kokapet

[sarfaroshi]

India lo ithe 100+ crores you are considered rich…or else he is doing good antaru anthe.

[TRUTHSEEKER]

14 hours ago, Konebhar6 said:

https://finance.yahoo.com/news/know-im-rich-140000452.html

What’s the Amount of Money You Must Have to Be Considered Rich? - $2.2 million

Factors That Determine If You’re Rich
 - You’re Able to Save
 - You Live Below Your Means and not paycheck to paycheck
 - You Can Afford the Things You Want like Car, cruise trip, etc.
 - You’re Motivated By the Life You Want, Not Strictly Money
 - You’re on the Path to Afford the Retirement You Want
 - You Know Money Is a Tool, Not Your Enemy
 - You Have Options like take months off work for child birth, fund a business idea, improve your life, learn a new skill, or expand your wealth, etc.

I dont know much about US. 

I spent my whole childhood in hyd so i will tell you ,

50-100cr+ ( Old class money , J hills B hills range - in USA you can compare to New jersey/NYC or all northeastern states )

- Sky is the limit rich / maharaja - your kids will go to same school as celebrities , business tycoons aa level rich . How much ever more money you will have is just bank balance . stauration point achieved 

ISH, Oakridge , Sreenidhi , Indus , aga khan

10cr cr - 50cr - ( New gen rich class who made money in IT field etc )- financial dist/ Hitech city / Madhapur  - compare to California Washington state people 

 still very good. In some cases you can be equal to 1 st case people.

Dps, Hps, Chirec, Geethanjali, jhps, nasr , meridian , glendale , future kids 

5 cr - 10 cr - upper middle class

If you have below 5cr  better to immigrate

 

 

 

[Assam_Bhayya]

4 hours ago, sarfaroshi said:

Having atleast  2 acres in kokapet

kokapet lo rendu avasaram le . . . 

 

[tokkalogola]

2.2 M ante mana db youth avg salary below that we consider as below poverty line . 

[kevinUsa]

5 hours ago, TRUTHSEEKER said:

I dont know much about US. 

I spent my whole childhood in hyd so i will tell you ,

50-100cr+ ( Old class money , J hills B hills range - in USA you can compare to New jersey/NYC or all northeastern states )

- Sky is the limit rich / maharaja - your kids will go to same school as celebrities , business tycoons aa level rich . How much ever more money you will have is just bank balance . stauration point achieved 

ISH, Oakridge , Sreenidhi , Indus , aga khan

10cr cr - 50cr - ( New gen rich class who made money in IT field etc )- financial dist/ Hitech city / Madhapur  - compare to California Washington state people 

 still very good. In some cases you can be equal to 1 st case people.

Dps, Hps, Chirec, Geethanjali, jhps, nasr , meridian , glendale , future kids 

5 cr - 10 cr - upper middle class

If you have below 5cr  better to immigrate

 

 

 

aa 5c kuda levu 

I should be considered a destitute according to db standards