When does somebody become a millionaire?
Post your answer in the LEAVE A COMMENT section below. I’m not the boss of you, though. Don’t write anything for all I care! But please know that my self-worth will fluctuate greatly depending on whether or not you comment.
. . .here are my thoughts.
When does somebody become a millionaire?
It seems simple on the surface: When their net worth has two commas in it. Net worth, though, is one of the most ridiculous and misleading concepts in all the numerical world. They could own a home worth $1 million yet not have two actual nickels to rub together. Despite that fact, net worth says they’re a millionaire. Silly, silly net worth! I’m not saying you need 100 bricks of 100 Benjamins each in your basement safe before you brag to your Applebee’s server that you’re a millionaire. But if almost every penny of your worth is tied up in home equity, you shouldn’t exactly be able to claim millionaire status. I think the real question we should be asking is this: Does a married couple need $1 million to call themselves millionaires, or do they need $2 million? I vote $2 million. Surely you wouldn’t consider a polygamist and each of his 100 wives all millionaires if they only had a million bucks between them. How much does a couple with two underage children need for the designation? Still just $2 million? $4 million? I’d enact the Constitution’s Three-Fifths Compromise—thus $3.2 million.