How much do u have to earn a month to be considered "rich"?

Question

My friend earns 25000 every month and rents something for 2000 a month and so per year its about 324,000

Answer 1

There is not set amount.....but I would say over a million

Answer 2

Depends on who you ask.  Even the financially poorest man is rich if he is truely happy.  Many ''rich'' people are unhappy, and to me, they are the poorest of the lot.

Answer 3

it's not how much you make it's how much you save... The guy who is making 40,000 a year and is saving 5,000 of it while living in his means is better off than the guy making 145,000 who has 165,000 worth of credit card debt and loans.

Answer 4

In the United States, it is about 350,000 dollars a year.

http://en.wikipedia.org/wiki/Social_clas...

Answer 5

Forget about "rich."

Just think about what you will need for yourself to be Financially Free.  If you can get your income levels above your expense levels, consistently, you're financially free.  That's the most basic definition. Who cares what your net worth is.  

You could have a net worth of zero, but if you have a monthly cashflow of $5000 or whatever you need to survive on, you'd be set!  So think more in terms of bringing in more than you need.  Also, read a great book called "Your Money or Your Life."

MoneyEnergy

http://www.getmoneyenergy.com

Answer 6

Hard to say, I think it depends on what part of the World you live in. It is all relative.