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When is enough money, enough?

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Manager
Joined: 19 May 2010
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Re: When is enough money, enough? [#permalink]

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26 May 2010, 18:25
When you don't have to worry about it anymore.

Posted from my mobile device

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Senior Manager
Joined: 25 Feb 2010
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Re: When is enough money, enough? [#permalink]

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22 Jun 2010, 14:44
Dude,

Any one can earn Money -- Even Prostitutes sitting on roads earn money.

If you really want to earn something, then earn the trust and love of others ........ That's what I think

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Manager
Joined: 22 Oct 2009
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GMAT 1: 760 Q49 V44
GPA: 3.88
Re: When is enough money, enough? [#permalink]

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03 Jul 2010, 20:57
Wasting money puts you in a real party mood. - Andy Warhol

Hah - great quote! Gotta love Warhol

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Manager
Joined: 04 Feb 2010
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Re: When is enough money, enough? [#permalink]

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04 Jul 2010, 00:58
They say there is a point where rich people, no matter how much money they have, more or less lead the same lifestyle. A book said \$50MM is that magic number - no difference in lifestyle with someone who is a billionaire (sure, you won't have a jet, a Monet in a Swiss Account and a seat in the Soyus, but you're essentially experiencing the same daily lifestyle).

As for me, I'm good with \$10MM, which is coincidentally what the US census considers as the rich demographic (I think, not sure, read it in Time some time ago). As long as I have a nice house (not even a mansion!) in a nice neighborhood, at least one car and resources to travel, I'd be good - but if I'd get the chance to make that \$50MM - I wouldn't pass the offer. :p

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Current Student
Joined: 26 May 2009
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Schools: Ross 2012
Re: When is enough money, enough? [#permalink]

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18 Jul 2010, 12:08
dalmba wrote:
Right now, my next financial goal is to live in a place with a dishwasher .

Amen to that!
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Intern
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Joined: 28 Mar 2010
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Re: When is enough money, enough? [#permalink]

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23 Jul 2010, 03:32
2
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Hi, I want to live in a place that has consistent heating because I really like my bacon cooked well. i get upset stomache if i eat bacon cooked rare and it does not make conducive environment for me to study for the gmat because i have to use the restroom during the CAT, which has no time stopper. I have given the two GMAT CAT exams 11 tries and finished only once

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Joined: 19 Feb 2010
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Re: When is enough money, enough? [#permalink]

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23 Jul 2010, 09:18
jdk61710 wrote:
Hi, I want to live in a place that has consistent heating because I really like my bacon cooked well. i get upset stomache if i eat bacon cooked rare and it does not make conducive environment for me to study for the gmat because i have to use the restroom during the CAT, which has no time stopper. I have given the two GMAT CAT exams 11 tries and finished only once

Change the PC for a laptop so you can take it with you to the restroom

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GRE Forum Moderator
Affiliations: PMP certified, IT professional
Joined: 21 Jun 2010
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Location: USA
Schools: CMU, Kelley
Re: When is enough money, enough? [#permalink]

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23 Jul 2010, 23:15
When I can shop ( no limits) in Macys without worrying about the price tags

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GRE Forum Moderator
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Re: When is enough money, enough? [#permalink]

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23 Jul 2010, 23:17
dalmba wrote:
It depends on where you are in life I guess..

Very true !

dalmba wrote:
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.

Good one

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

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24 Jul 2010, 08:26
1
KUDOS
dalmba wrote:
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.

Hey i about i make an MBA-level executive offer: i do your dishes for a pay lower than a dishwasher

what do you say

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Intern
Joined: 15 Jul 2010
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Re: When is enough money, enough? [#permalink]

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27 Jul 2010, 21:01
I live a simple life and my family has a simple needs and wants but my heart is too big that I want to help many people. I think \$5M is a good amount for my family, send three kids to a good school. Most of my earnings and passive income then would be to help the poorest of the poor and send out of school youth to schools.

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Manager
Joined: 21 Sep 2009
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Schools: Ross '13
Re: When is enough money, enough? [#permalink]

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02 Aug 2010, 10:17
1
KUDOS
here's a good benchmark for what constitutes "enough"

"A NetJets pilot recalls flying a passenger from Denver to L.A. for a haircut, and then returning him to Denver. The passenger was a poodle. The flights cost \$32,000. "

- enough \$\$\$ that your dog flies private

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Intern
Joined: 31 Jul 2010
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Re: When is enough money, enough? [#permalink]

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05 Aug 2010, 11:28
When I can take care of my folks, maybe send a few kids through school, and live comfortably, that will be enough for me.

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

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05 Aug 2010, 21:29
This has to be THE most WTF awesome reply to a thread titled "When is enough money, enough?" in the history of the universe. I wish I could give you +10.

That was some real Big Lebowski stuff there.

jdk61710 wrote:
Hi, I want to live in a place that has consistent heating because I really like my bacon cooked well. i get upset stomache if i eat bacon cooked rare and it does not make conducive environment for me to study for the gmat because i have to use the restroom during the CAT, which has no time stopper. I have given the two GMAT CAT exams 11 tries and finished only once

Kudos [?]: 211 [0], given: 22

Intern
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Joined: 28 Mar 2010
Posts: 35

Kudos [?]: 5 [0], given: 4

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

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08 Aug 2010, 21:11
solaris1 wrote:
This has to be THE most WTF awesome reply to a thread titled "When is enough money, enough?" in the history of the universe. I wish I could give you +10.

That was some real Big Lebowski stuff there.

jdk61710 wrote:
Hi, I want to live in a place that has consistent heating because I really like my bacon cooked well. i get upset stomache if i eat bacon cooked rare and it does not make conducive environment for me to study for the gmat because i have to use the restroom during the CAT, which has no time stopper

lol you know life can get tough and cold (pun definitely intended) so that is why i'm striving for a top MBA lol

but you know, this is a catch-22: no heating -> no healthy bacon -> no good gmat score -> no top MBA -> no heating. on a scale of complexity from 1 through 10, 10 being the chicken-and-egg dilemma and 1 being sarah palin, i would rate this phenomenon a solid 10 (e.g. not like a 9.5 rounded up lol)

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BSchool Forum Moderator
Status: Enjoying Class
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Re: When is enough money, enough? [#permalink]

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13 Aug 2010, 17:56
\$20-40 million sounds about right to me.
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Manager
Joined: 21 Mar 2010
Posts: 183

Kudos [?]: 28 [0], given: 32

Location: Beijing
Schools: Ross
Re: When is enough money, enough? [#permalink]

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09 Sep 2010, 23:49
Enough money to travel around the world without having to work.. I am not talking about living in 5 star hotel.. just enough money to travel anywhere at any time..

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Current Student
Joined: 12 Jun 2009
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Location: United States (NC)
Concentration: Strategy, Finance
Schools: UNC (Kenan-Flagler) - Class of 2013
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Re: When is enough money, enough? [#permalink]

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10 Sep 2010, 06:40
i think enough money to have a great living and family time. If you make millions with no family life (like Click/Family man) then it is sad and pointless.
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Manager
Joined: 16 Jun 2010
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Re: When is enough money, enough? [#permalink]

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11 Sep 2010, 10:28
I regularly since I was a kid had a figure that was my goal ... but earlier every 5 years or so that figure changed considering the Inflation and technology... So for now I am wondering whether it ever makes setting your eye on a Figure ??
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Director
Joined: 13 Aug 2009
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Re: When is enough money, enough? [#permalink]

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11 Sep 2010, 15:54
Ask Ben Affleck in Boiler Room.
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Re: When is enough money, enough?   [#permalink] 11 Sep 2010, 15:54

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