How Do You Know When You're Rich?

a few definitions, none of which include a high salary

You’re rich when you…

earn more than you spend, year after year, while doing mostly what you want.

You’re rich when you…

spend in one day what you earn in one hour. Then you can work 14 hours a week to cover your costs and save half your income.¹

You’re rich when you…

don’t worry about money, because you don’t want more than you can afford.

You’re rich when you…

feel free.

1. If you spend an average of x/day and earn an average of x/hour, then you need to work 365*2 = 730 hours to achieve a 50% savings rate. Spread over 52 weeks, that’s 14 hours/week.