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Message Subject I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Poster Handle Anonymous Coward
Post Content
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196


Maybe they would op but then I would date to say they were not millionaires to begin with. See the funny thing is you have to earn a million dollars before being a millionaire. Out of what you earn you have a bleed rate such as bills, expenses and since most are owners of businesses daily costs that are constantly draining the finances. So in all actuality a millionaire is really a multimillionaire but a million is all they have left after the year.

Am I a millionaire? No sadly not the most I have earned in a year was 540k out of that I walked away with 120k give or take. Bills and expenses dropped that down to 40k. Just to earn that money required 7 days a week work at around 14-17 hours a day both physical and office work. Dealing with employee drama, client drama, machine breakdowns etc etc.. things you and the rest of the poor would let go of ignore untill your company collapsed.

Next year maybe I'll hit the 700k mark and keep 200k maybe I'll flounder and lose it all that's the risk.
 
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