When is enough money, enough? : Off Topic Discussions and Everything Else
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# When is enough money, enough?

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When is enough money, enough? [#permalink]

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13 Mar 2010, 01:57
I figure I'll be happy with US$10 million cash (excluding a house and maybe 2 cars). Don't think I'll need more than that to have a decent life. Howabout you? How much would you say is enough to make you happy and satisfied? Manager Joined: 10 Aug 2009 Posts: 123 Followers: 3 Kudos [?]: 16 [1] , given: 13 Re: When is enough money, enough? [#permalink] ### Show Tags 14 Mar 2010, 13:23 1 This post received KUDOS Money by itself wouldn't make me completely happy, I'd much rather see my hard work pay off. Senior Manager Joined: 21 Jul 2009 Posts: 366 Schools: LBS, INSEAD, IMD, ISB - Anything with just 1 yr program. Followers: 18 Kudos [?]: 163 [1] , given: 22 Re: When is enough money, enough? [#permalink] ### Show Tags 14 Mar 2010, 14:03 1 This post received KUDOS I wanna earn so much as to live a life just like the real Barney!!! Chicks, suits, gadgets and lots of booze!!! _________________ I am AWESOME and it's gonna be LEGENDARY!!! Manager Joined: 14 Mar 2010 Posts: 50 Followers: 0 Kudos [?]: 4 [0], given: 0 Re: When is enough money, enough? [#permalink] ### Show Tags 14 Mar 2010, 16:12 Some lottery winners hate their lives because they were raised to be always striving for money as their life goal. Now that they have earned money, their life direction evaporates. Being a lottery winner is not so great. Senior Manager Joined: 08 Feb 2007 Posts: 407 Followers: 4 Kudos [?]: 35 [0], given: 11 Re: When is enough money, enough? [#permalink] ### Show Tags 14 Mar 2010, 18:01 Sure you'll rather see your hard work pay off, but how much would you like to be paid for your hard work? Somebody once said that he could never earn enough money, but I'm pretty sure that for the rest of the world - there would be some point of satisfaction where you stopped caring about how much you earned? Intern Joined: 15 Mar 2010 Posts: 9 Followers: 0 Kudos [?]: 0 [0], given: 0 Re: When is enough money, enough? [#permalink] ### Show Tags 18 Mar 2010, 11:57 Happiness is the answer! Money enough for food, shelter. The rest is icing on the cake. Intern Joined: 22 Mar 2010 Posts: 5 Followers: 0 Kudos [?]: 1 [0], given: 0 Re: When is enough money, enough? [#permalink] ### Show Tags 22 Mar 2010, 05:12 I always did the calculation that I would need$21MM in one lump sum.

I did the math and figured it out on the back of napkin a few years ago.
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Re: When is enough money, enough? [#permalink]

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22 Mar 2010, 23:47
I value a stream of revenue more important than a lump sum... Inflation indexex 200k annually would be nice.
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Re: When is enough money, enough? [#permalink]

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24 Mar 2010, 10:11
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It depends on where you are in life I guess.

Right now, my next financial goal is to live in a place with a dishwasher . Following that is to be able to be debt free before or very near graduation.
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Re: When is enough money, enough? [#permalink]

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05 May 2010, 07:05
I guess for me, "enough," would be I could afford a comfortable, standard 3-2-2 house in a decent neighborhood, two reliable cars (make and model don't mater to me. I actually like Kia.), enough food to eat, and a small amount of entertainment. I actually laugh at those people who buy the big, expensive houses and then don't have much time to spend in them.
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06 May 2010, 01:10
i've actually discussed this with my friends and I think 10 million is enough.

with the amount given, I would actually invest a percentage, help out family, and buy myself some stuff. None of the stuff that I was planning on buying was luxurious (although the cars might be)
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Re: When is enough money, enough? [#permalink]

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06 May 2010, 07:41
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Here's an interesting segment on certain lottery winners that met unfortunate fates:

For me, I'd still take as much as I can get.
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Re: When is enough money, enough? [#permalink]

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06 May 2010, 16:27
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For me the action is the juice.

RF
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Re: When is enough money, enough? [#permalink]

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06 May 2010, 20:54
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I want to buy the Mets and be their GM. I guess, a few nice cars, a house or two, a private plane and a stable of horses would be nice. So... $2.5 Billion should just about cover it (figure the mets will cost more when I can afford them - maybe they'll win a few more games and they'll pay off the stadium). After that, I guess the rest goes to charities. Truth is, it's not so much the money that drives me, it's all the fun things you can do with the money. _________________ http://www.mbavolunteers.org - check it out GMAT Club Premium Membership - big benefits and savings Senior Manager Joined: 08 Feb 2007 Posts: 407 Followers: 4 Kudos [?]: 35 [0], given: 11 Re: When is enough money, enough? [#permalink] ### Show Tags 07 May 2010, 00:15 Wasting money puts you in a real party mood. - Andy Warhol BSchool Thread Master Joined: 19 Feb 2010 Posts: 401 Followers: 22 Kudos [?]: 174 [0], given: 76 Re: When is enough money, enough? [#permalink] ### Show Tags 19 May 2010, 21:03 adcxaway wrote: I figure I'll be happy with US$10 million cash (excluding a house and maybe 2 cars). Don't think I'll need more than that to have a decent life.

Howabout you? How much would you say is enough to make you happy and satisfied?

Well, it really depends what your perception of your needs is, and what do you consider a decent life to be.
About being happy and satisfied, you don't really need money for that. There's plenty of happy people that are poor, and really poor.

I think the old concept of being content with whatever you have is quite powerful and wise.
Maybe you will find yourself with 10M and suddenly realize that is not enough. Then what? Keep running like those little mice spinning the wheel, until you die? You can't call that life. I've seen many ambitious people get to the level they first were dreaming about, and saying that now they want more. And then more, and more, and more. You really need to put the focus on other things. Money by itself will not bring you happiness and satisfaction.
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Re: When is enough money, enough? [#permalink]

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22 May 2010, 07:30
Quote:
Well, it really depends what your perception of your needs is, and what do you consider a decent life to be.

Yes, your right... if you want a simple life so you don't need such a big money...
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Re: When is enough money, enough? [#permalink]

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23 May 2010, 19:20
When I can live comfortably off the interest of the interest of what I have in my bank account.
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23 May 2010, 19:27
this is an interesting topic! i never thought about how much money is enough for me! but the people i know use money/salary to measure a person's accomplishments--the more a person earns, the more that person accomplished!!
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Re: When is enough money, enough? [#permalink]

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25 May 2010, 23:13
Hehehe, now I know why we want an MBA )))

we want to be millionaires ))
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Re: When is enough money, enough?   [#permalink] 25 May 2010, 23:13

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