What is affluent to you?

[Alnitak]

I would define "essential" as water, food, shelter, energy, transportation, and health care. Clothing is optional.

I was set up

This could be made into a shelter maybe.

 

[Kyanimal]

I was set up

One can always Hope!

Keep Smilin'!!
Chaz

 

[Kyanimal]

This could be made into a shelter maybe.

Definitely!

As long as those legs on the left belong to Lawyers!

 

[Latimer]

A few years into our relationship--we were probably 26 and doing OK but not feeling particularly prosperous--my partner and I were at a charity event and won a meal for two at one of the most expensive and celebrated restaurants in town. A few weeks later, seated at that restaurant, and looking at the menu, we both remarked that we'd never previously--even with our parents, who discouraged extravagance--had the experience of looking at a menu and realizing that we could order an item and not care about the price. What a great feeling, we thought. Years have now passed, and we're affluent enough to be able to have that feeling any time we want, but we look back at those earlier--less affluent--years and are glad to have experienced them, and think that people who never had those experiences have missed out.

I friend of mine, who's richer than I am, once remarked that it's unfortunate her daughter has never flown less than first class, and that she's never had the experience of wanting anything material that she couldn't have, unlike my friend and her husband, who when young had years of great experiences but little money.

 

[Gentleheart]

For me, just having enough not to have to worry about paying bills would be great.

ok!?

tell me about it.

 

[mikey3000]

1st worlds onlys a read >pick reply fit ya gurd or wot behind door 22
1 ya get a maks da shit so got eat sumthang
2 ya no got live near cost ta alls a life ans folk die ans stuff wot keep ya affluent pumpins gurd
3 ya no got worrys da crap cums out mange folk playin govenrmets companys etc
4 ya cans talk lot crap fa eva ans folk go ya so right
5 ya read media crap 24/7 ans go hehehehehe lol ans fart lot
6 ya discuss < got tink dat 1
7 ya got a time breathe
8 ya text all day night ans watchs a tv wit ya feet
9 ans 10 ans so on

thankyou

exit side ways

9

See? You're all wrong. Sloppy can so count to 10!

 

[cgymike]

DDD

Does Belamo know?

 

[dpnice]

The affluent have an uncommon level of comfort and financial security. In the most concise definition the affluent have sufficient resources to indulge in luxuries such as large single family homes in desirable locations, second homes, luxury cars, designer clothes, fine dining, and travel.

The affluent store their wealth in the economy itself, which is how they come to own it and grow even more wealthy.

The affluent do not necessarily have more access to leisure time, but have more options on how to spend it.

The affluent do not have to worry about mundane things that most people worry about such as coupon clipping, utility bills, health insurance (in the US), and grocery budgeting. Jacking the heat in the house to 76F in the dead of winter is a total non-issue for them as are sales at the supermarket.

As far as a monetary amount, a household income in Maryland at $100,000 after taxes would be able to afford most of the above, but that depends heavily on location. That salary in Harbor East, Baltimore probably would not go far, but it would afford a lavish lifestyle in one of the rural counties.

This is probably the best definition I have read so far. Logical and exact.

There is a difference between affluence and being rich. Being rich means that you can do everything that the affluent do yet still not spend all your money. Being affluent means that you don't have to choose between the cheaper and more expensive item; being rich means you don't really even have to look at the price.

 

[Alnitak]

This is probably the best definition I have read so far. Logical and exact.

There is a difference between affluence and being rich. Being rich means that you can do everything that the affluent do yet still not spend all your money. Being affluent means that you don't have to choose between the cheaper and more expensive item; being rich means you don't really even have to look at the price.

I'm not so sure I see the difference. Affluent is a synonym of rich and wealthy. I am just trying to define the lower bound of wealthy.

I would rather draw a distinction between affluent and upper class. The upper class certainly does not consider all wealthy people part of its social group.

 

[dpnice]

........................ Affluent is a synonym of rich and wealthy. ................................

Yet I consider myself affluent in that the price of things are not really a great factor in my decisions to do or buy something. But I don't have wealth beyond any limit. Would one consider being affluent as having no limits or just the ability to spend what one wishes but within reasonable limits?

 

[Benvolio]

I'm not so sure I see the difference. Affluent is a synonym of rich and wealthy. I am just trying to define the lower bound of wealthy.

I would rather draw a distinction between affluent and upper class. The upper class certainly does not consider all wealthy people part of its social group.

One is not rich or wealthy unless you can live well on the income without spending principal. Ir requires a substantial net worth. For instance, today a millionaire living off investments may gat 5% or 50,000, but at least 10,000 will go for taxes. Sure you can live comfortably on 40,000, but the image of Cadillacs and servants is clearly wrong.
Affluent relates more to life style, how much you can spend. A single person with a hundred thousand income who spends it all has an affluent life style, but he may have no net worth and therefore is not rich.

 

[Alnitak]

Yet I consider myself affluent in that the price of things are not really a great factor in my decisions to do or buy something. But I don't have wealth beyond any limit. Would one consider being affluent as having no limits or just the ability to spend what one wishes but within reasonable limits?

Like so many words in the Modern English language, the synonyms wealth and affluence represent the fusion of the Norman and German languages into Middle English in the 12th century. Until Modern English, neither word actually meant rich directly. The word affluence is ultimately Latin for flow, while wealth is an Old German word for well-being. It still appears in the German language as Wohl, meaning well, and wohlstand meaning prosperity. Corny could probably weigh a bit more into this point. Eventually, the word flow came to mean supply of money and well-being transformed into rich. They appear today to be semantically identical words.

 

[dpnice]

We therefore need a breakdown of people's financial situations and how to classify them, which I am not certain that I am capable of doing.

Taking my employers as an example: they have absolutely no limit on their spending, new yacht, car, holidays in the millions of euros. Obviously it would seem trite to call them affluent; even rich doesn't seem to describe their financial situation correctly.

I am not rich, I have limits on my spending ability, yet I can and do buy what I want when I so desire. So where do I fit in? I wouldn't describe myself as rich, nor in fact as wealthy; do we start classifying with the more general description of "well off"?

 

[Benvolio]

We therefore need a breakdown of people's financial situations and how to classify them, which I am not certain that I am capable of doing.

Taking my employers as an example: they have absolutely no limit on their spending, new yacht, car, holidays in the millions of euros. Obviously it would seem trite to call them affluent; even rich doesn't seem to describe their financial situation correctly.

I am not rich, I have limits on my spending ability, yet I can and do buy what I want when I so desire. So where do I fit in? I wouldn't describe myself as rich, nor in fact as wealthy; do we start classifying with the more general description of "well off"?

If you can buy what you want, you are affluent, in my opinion. But, you are not rich or wealthy unless you can live well off your net worth, without working.

 

[rareboy]

Being able to give without thinking is affluence.

 

[palbert]

Having the money that rareboy has.

 

[njcollegekid]

income and wealth arent the same - think old money.
in terms of income - id say 500k as an individual is the border.
in terms of wealth, 100mil

 

[Alnitak]

Being able to give without thinking is affluence.

This ^^^

I would love to max out my donations

 

[cgymike]

had someone today with over 10 million of capital gains....huge tax bill! But with assets over 1 billion no problem covering. We both agreed on at least one thing...

SELL NOW.


NOW.


NOW!!!!!!!!!!!!!!!!!!!!!!!!


Margin calcs show a 2008 event reforming. This issue was NOT solved.

197 technical indicators aligning.

Similar to 1999 actually...and 1987.

 

[peeonme]

For me it's owing no man a dime, owning what I drive and what I live in.
I dropped out of the rat race a few years back, not worrying about money, lay offs or short work hours is peace of mind, I am not rich but I feel rich.