Great. But there seems to be a lack of "definition" on what rich is from a numerical view. You might think rich is $80K a year while I might think its $40K a year.
Exactly. One person's view of a "good" salary, will differ from anothers's. I think it all depends on where you live, how you grew up, and what things are most important to you, i.e, do you like material things, or does a day with your family far surpass any BMW, or $500K house.
I like to look at statitics, as well, to see what is a good salary. If you look at statistics, you'll find that people making large salaries, six figures, for example, or very rare. meritflyer - statistically, you are probably in the upper 5% of income. The $80K you mentioned, is in the top 10% of income, while the $40K you mentioned, is at least somewhere within the top 50% of income. Considering the average salary for males, 25 and older, for example, is just $33K, being young, and single, and making $40K, is probably a decent salary, if you don't have loans galore.
It is really a subjective thing, though, when it is all said and done. I think also, it depends on your career. $80K may be a very good salary, but depending on the career, it may be very little money - for the job you do. I think this is where complaints come from pilots.
