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Although, really, salary has nothing to do with whether you're "rich" or not. It's more about how you handle your money and whether you're building your net worth. If you make 30k and only spend 20k, you're doing great. If you make 200k and spend 250k, you're digging yourself into a hole.
True, but if I make 30K and only spend 20K there are a lot of things I can't buy, that I would have to actively not buy, and I would not feel very "rich." If I make 200K and spend 190K, I'm saving the same amount of money, but money would be a lot less of an object when buying things, and I would feel a LOT more rich.
BUT if you make 200k, you're probably hanging out with some pretty big rollers, some of whom are probably making 500k or even 1 million dollars, and they'll be buying bigger, better stuff than you, and you'll compare yourself to them, and STILL feel poor.
I'm reading a biography of Warren Buffet ("Warren Buffet: An American Capitalist"), and it's really fascinating. He was interested in investing and growing money from a very young age, but he wasn't interested in being rich or over-the-top; even before he built his fortune, he was worried about how to deal with the money in a way that wouldn't spoil his children.
I know that it's supposed to give me a good perspective on how rich I am compared to the rest of the world, but I'm actually kind of depressed that I'm not higher. Damnit! I spent 9 years in post-high school education and I'm not in the top 1%?!?!
Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
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