Reported 9 months ago
Discussing what it means to be rich may be uncomfortable, but according to Schwab's 2022 Modern Wealth Survey, Americans perceive being rich as having a net worth of $2.2 million. However, wealth is subjective, varying based on personal circumstances and values. While the survey provides a monetary figure, individuals prioritize principles in the workplace, with some believing financial comfort equates to wealth. Factors to determine wealth include saving, living below means, achieving financial goals, being motivated by life aspirations, preparing for retirement, viewing money as a tool, and having options for life improvements.
Source: YAHOO