How much money is enough to “feel” rich? Answers will vary I’m sure. Have you ever asked yourself that question though? Do you know the answer?
I was just reading a report (http://www.huffingtonpost.com/2011/03/14/us-millionaires-say-7-mil_n_835327.html?ref=tw) that said that…
More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.
Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.
Not being a mega-millionaire myself, I can’t relate to the people in this survey and tax bracket. It got me thinking though about what wealth really means to me. For me, it’s not about having a ton of zeros on my bank account. It’s not about driving a fancy car or flying first class. Sure, those things are nice to have and great to aspire for, but at the end of the day if you really think about it…
My point is… most will probably put it about 5 or lower.
I know, I know, it’s easy for people who already have some amount of money and success to tell people who don’t that it’s not that important. You think that as soon as you get the money, all the happiness will just fall into line. I get it. Everyone thinks that way, until they make it and realize that it really doesn’t matter that much.
So where do you stand on the matter? Is it all about zero’s for you?
For over 15-years, Jim Kukral has helped small businesses and large companies like Fedex, Sherwin Williams, Ernst & Young and Progressive Auto Insurance understand how find success on the Web. Jim is the author of the book, “Attention! This Book Will Make You Money”, as well as a professional speaker, blogger and Web business consultant. Find out more by visiting www.JimKukral.com. You can also follow Jim on Twitter @JimKukral.
I was just reading a report (http://www.huffingtonpost.com/2011/03/14/us-millionaires-say-7-mil_n_835327.html?ref=tw) that said that…
More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.
Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.
Not being a mega-millionaire myself, I can’t relate to the people in this survey and tax bracket. It got me thinking though about what wealth really means to me. For me, it’s not about having a ton of zeros on my bank account. It’s not about driving a fancy car or flying first class. Sure, those things are nice to have and great to aspire for, but at the end of the day if you really think about it…
- Do they make your life that much fulfilling?
- Are you happier at your core because you have money?
My point is… most will probably put it about 5 or lower.
I know, I know, it’s easy for people who already have some amount of money and success to tell people who don’t that it’s not that important. You think that as soon as you get the money, all the happiness will just fall into line. I get it. Everyone thinks that way, until they make it and realize that it really doesn’t matter that much.
So where do you stand on the matter? Is it all about zero’s for you?
For over 15-years, Jim Kukral has helped small businesses and large companies like Fedex, Sherwin Williams, Ernst & Young and Progressive Auto Insurance understand how find success on the Web. Jim is the author of the book, “Attention! This Book Will Make You Money”, as well as a professional speaker, blogger and Web business consultant. Find out more by visiting www.JimKukral.com. You can also follow Jim on Twitter @JimKukral.
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