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$40 Billion in the Bank along with a large multinational conglomerate under my belt would be enough to spend my life in peace.The pursuit of wealth is endless, as we all know we need to pay our bills but at the same time, we are spending way too much time and resources on our daily jobs. In all this, we forget to spend the best time of our lives (Youth) just simply pursuing wealth (career).
I'd wanted to know how much money if you had, you'd quit your day job and go out for months on camping to explore the world or at least try to work for yourself?
How much money would be enough for you to enjoy your life? Kindly only mention the amount in the United States Dollar $ as a benchmark.
Any person here , who would just refuse to take even an ounce, if he was given millions or billions of dollars
Any such soul here?
I did exactly that 12 years ago at a very young age. I won't tell you the amount as that's different for each person. All I would say is pick life over work.The pursuit of wealth is endless, as we all know we need to pay our bills but at the same time, we are spending way too much time and resources on our daily jobs. In all this, we forget to spend the best time of our lives (Youth) just simply pursuing wealth (career).
I'd wanted to know how much money if you had, you'd quit your day job and go out for months on camping to explore the world or at least try to work for yourself?
How much money would be enough for you to enjoy your life? Kindly only mention the amount in the United States Dollar $ as a benchmark.
I did...in lahore.Any person here , who would just refuse to take even an ounce, if he was given millions or billions of dollars
Any such soul here?
Any person here , who would just refuse to take even an ounce, if he was given millions or billions of dollars
Any such soul here?
Ask the politicians? 35K for a single person who has no responsibilities "might" be just enough.Then why minimum wage rate is just 14k PKR? I know people who did masters and started at 35K at very well-known telecom company in Pakistan.
True. Above a certain threshold you really don't need any more money. It'll just be ooh I can buy this, buy that. Too much money to spend without relevant increase in satisfaction.Happiness level out at $70k/ yr, since at this income an average person can afford a decent life style. Millionaires and than billionaire are n league of their own specially Billionaires. Billionaire can spend $70k in a single day just to shave 30 min off his flight time and or make a quick Stop at monaco beach to relax.
Mental health experts say happiness is a multifaceted experience that's achieved through mindset—not money
When will GPU prices decrease?Enough to buy an upper mid range gaming PC With an Nvidia 3070 Ti
You need at least 300K-500K per month to live a barely decent life in Pakistan these days. 200K just goes into school fees, electricity, petrol, car maintenance, health, and monthly groceries for a family for 4-5 these days (2+ if including parents).
If you're on 300K, you scrape by at the end of the month (light shopping, eating out once a week). You drive a shitty Hatchback or a City. Your kids are in one of the cheaper private schools (LGS, Beaconhouse)
If you're doing at least 500K you have a disposable income and can live quite care free. You live in a 10 Marla-1 Kanal House and probably drive a Civic Turbo. Kids study in Shueifat / Froebels
At 1000K per month, you're in the top 10% ers. Probably can afford to build a house or two (1-2 Kanals) with multiple decent cars (Sportage +). Your kids study in Aitchison and LUMS / Fast
At 1cr per month, you're in the top 1%ers. You live in 4 Kanal + houses with multiple cars all of which are German. You probably also don't pay tax and are an industrialist. Your kids are in Oxford.
Obviously my post was a generalisation. For some 300K might not be enough, for most even 50K is great. It's all up to how you want to live your life. You can buy a 15K Infinix or a 250K iPhone it is up to you!You and I have very different definitions of "barely decent" life. Here's what 300k a month can do for a family of 4-5 living in ISB;
House portion in F-7: 130k per month.
Beaconhouse fees for two kids: 50k per month.
Top notch groceries & utilities: 100k per month.
Servant: 20k per month.
You can tweak the house rent and move to E11 for something like 50k pm for a decent portion. My point is, 300k is still good money in Pakistan. Of course you can always keep improving your lifestyle but there comes a point of diminishing returns.