At what point would you consider yourself rich? I think we can all agree that a billionaire is “rich”. What about a millionaire? What about someone who has $702,664.97? Which final penny makes someone rich? How much is enough?
I know I’m not the first person to ponder this question. This is the ancient sorites paradox or the argument of the growing heap. According to The Praise of Folly, the argument of the growing heap is:
“If ten coins are not enough to make a man rich, what if you add one coin? What if you add another? Finally, you will have to say that no one can be rich unless one coin can make him so.”
I spend a lot of time thinking about this paradox. One of the many reasons I love my charts is that it gives me a clear idea of how much I need and when I could potentially stop working. My charts tells me how much is enough for me and that is a powerful bit of knowledge. Everyone has a different amount at which they no longer need the additional money, at which amount they consider themselves rich. Big Law is lucrative. If I can save $10,000 a month here, why not continue doing this work indefinitely and build up millions?
Because I have enough.
When it comes to money, I just want to show you what’s possible. I don’t use numbers in any of my charts as I’m not sure the numbers themselves matter. I feel rich because I have enough. Your enough will be different from my enough which will be different from that guy’s enough. But the less you need, the sooner you will feel rich.
Budgets must be fluid and extremely personal. I simply encourage you to think about your spending and consider how much is enough for you. Don’t compare yourself to others. Compare yourself to where you were a year ago.
I started this website so I can point to something when people ask me what I do. I turn dreams into goals, play around with spreadsheets and charts and chase my favorite high – crossing items off one of my many lists.