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2019: What is a Lot of Money, If it is Yours?
One hundred million?  11%  [ 6 ]
Ten million?  28%  [ 15 ]
One million?  19%  [ 10 ]
One hundred thousand?  8%  [ 4 ]
Fifty thousand?  2%  [ 1 ]
Ten Thousand?  11%  [ 6 ]
Way less?  21%  [ 11 ]
Dead broke?  0%  [ 0 ]
Up to the Gills in Debt?  0%  [ 0 ]
Total votes : 53
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 Post subject: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:01 am 
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Location: Baton Rouge, Louisiana
This was not easy for me to write.

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:16 am 
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I don't understand your question.

Greg.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:22 am 
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Joined: Jan Thu 01, 1970 1:00 am
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Location: Madison, WI
$1000


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:23 am 
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egg wrote:
I don't understand your question.

Greg.

Me either.

Larry

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:30 am 
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The question is hard for me to ask.
I suppose it is because it is an "invasive" question.
I am trying to discover the financial demographic of the people who choose to answer.

One thousand dollars would not run my house and family for two weeks.

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:53 am 
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Joined: May Sat 14, 2011 5:42 am
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Location: Ft Worth TX
Couple missing parameters:

Over what period of time? $1000 would get most people through a week but not a month. A million would last the rest of my life but not somebody's who is 30.

A lot to have? Or a lot to spend? I think twice about any single item costing more than single digit, and thrice plus cooling-off period over double digits.

For reference, I'm comfortably impoverished on SS but even so, built a 5-figure cushion. In a crunch I could replace my car, with cash. The tradeoff is abysmal living conditions by accustomed modest standards of 3br ranch house. Not to worry, I have air and cable-- the necessities.

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 1:57 am 
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Joined: Jan Thu 01, 1970 1:00 am
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Location: O'Fallon, Missouri
Ten Million!
I discovered, quite a while ago that One Million isn't as much as many people think.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 2:20 am 
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True that but there was a time when $1M was...

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 2:45 am 
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Location: New York, NY
"I've got all the money I'll ever need if I die by 4 o'clock."
-- Henny Youngman

The answer to this questions depends not just upon one's circumstance but also, well, mood. Some days a thousand dollars can seem like a lot, other days ten million might not seem like much.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 2:52 am 
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Joined: Jan Thu 01, 1970 1:00 am
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Location: Hartford, KY
I don't get what the point is?


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 4:20 am 
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Joined: Apr Thu 12, 2007 3:24 am
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Location: Milwaukee WI
The way the question is worded, I would have to check every amount 10,000 and above.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 6:24 am 
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I was thinking, how much would I beat myself up if I lost $X dollars. It would take a long time for me to forgive myself if I lost $5K or $10K. So of the choices, I guess to me $10K is a lot of money.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 4:11 pm 
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My little family lives comfortably poor, so I chose "way less". My thinking is that if we received something like $1,000 out of the blue, that would be a big deal for us.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 4:52 pm 
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Joined: May Thu 26, 2011 5:58 am
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Location: Capon Bridge, WV
"Why, look at me. I've worked my way up from nothing to a state of extreme poverty."

Groucho Marx

That about sums it up for me :lol:

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 8:03 pm 
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Totally materially unsuccessful. I live on a boat and burn wood to keep warm. However, as I do study psychology, I understand well a lot of people into arts and sciences often aren't well off. Often people with a lot of physical energy make money and think all the time of opportunities. I tend to read a lot and am physically quite inactive. I'm hopeless at bread and butter work so ended up highly qualified but not needed.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 8:16 pm 
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Well I am 60 years old and thinking I want to retire at 65 if my health holds up. I planned my retirement funds to live comfortably if I live to 93 years old... so to achieve that, I would have to say low 7 figures...

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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 8:39 pm 
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7 Figures means more than $1 million... :shock:

Holy moly... how many rockin' chairs do you need?
:) Greg.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 10:20 pm 
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A million dollars is not a big deal anymore, especially if you live in an expensive area.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 10:29 pm 
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Mark,

I still don't understand what you're trying to discover. You said "not easy" for you to write, "a lot," and "demographic." So what is it that you really want to know? This could still be an interesting topic.


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 Post subject: Re: How Much Money is a Lot if it is Yours?
PostPosted: Nov Tue 26, 2019 10:43 pm 
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Location: Port Orchard, Wa 98366
Why worry, Be Happy!
You cannot be unhappy with your lot in life, so as long as you have more money coming in than going out.
Look at All the rich elites, yet the money they have isn't the path to happiness, Think of Bankruptcies, suicides, Divorces.
The riches a person has, determines His or Her Character.
A loving family is the richest value you can have.
There's a song from my childhood, Silver and gold, I have none, but such as I have, I give you. :wink:

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