this post was submitted on 08 Nov 2025
48 points (100.0% liked)
askchapo
23167 readers
261 users here now
Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.
Rules:
-
Posts must ask a question.
-
If the question asked is serious, answer seriously.
-
Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.
-
Try !feedback@hexbear.net if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
People are talking about what you can comfortably live off or be in luxury with and I think that's the wrong angle here.
It becomes detrimental to your health as soon as you become a millionaire, one million. The mindset change is a social one and "I'm a millionaire" is the critical moment for mindset changes.
This has to be in actual money held I suspect, as people do not consider themselves millionaires via assets held.
The assets point is especially important because having a net worth of a million dollars usually just means you own a house close to a city.
Yeah and people who bought a house in the UK forty years ago don't feel like millionaires even if their house value has gone up so much that it puts them over that line in assets. Particularly if they paid like 50k or something ridiculous for it back then