Earlier quoted context omitted.
> So far I have tried to quantify what income level you need to be rich. I’ve tried to give you numbers that you could use to compare yourself to other people. However, in my many years of writing about money, I’ve come to realize something—being rich is more than a number. Being rich is a feeling. > Because even if the numbers say that you are doing well, if you don’t feel rich, then it doesn’t matter. You could be…
> You could be making $10M a year, but if you feel like you need to make $20M, then you will feel poorer than someone making $100,000 who only feels like they need to make $50,000. Yeah, but there is still very material difference between these two people. The difference is not just the feeling in the moment. It is difference in "if I get sick, how much healthcare I can pay" or "if I get into legal trouble, can I aff…
As a Canadian I do not have this thought at all. I'm sure many Europeans are the same.