Thursday, April 26, 2007

You are probably one of the richest people in the world

In our society there is a tendency to try and keep up with the Jones. We often hear that Bill Gates and Warren Buffet have billions. When we look at our finances it is easy to think we are poor, or that we don't have enough.

Anne, of PalmTree Pundit, found a web site to help put things in perspective. If you are making more than $50,000 a year, you are in the top 1% of the people in the world. You are richer than about six billion people.

It is nice to have more money. There is nothing wrong with working hard and earning more money. But it may be helpful to remember now and then just how much most of us already have.

Of course, the secret to financial success is Don't buy stuff you cannot afford.

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Anonymous said...

Good post.

Of course, if you make $50k and the federal gov't gets 15% and the state gets another 10%...that's now three "people" in the top 15% wealth of the world being supported by you.

Where did all that help go?

Summer said...

$50,000 a year. I can't even imagine having that much money.