Twitter Users Make Fun of People Who Say That Six And Seven-Figure Salaries Don’t Make Them Rich
Yeah, you can barely get by with $400K.
Six and seven-figure salaries sound huge until people start talking about rent, taxes, childcare, and the rest of modern life. That tension is exactly why a recent Twitter debate about whether someone making $400,000 a year counts as rich took off so fast.
The conversation got even louder after Twitter user @Molson Hart argued that high earners can still feel squeezed because their expenses are so high. Plenty of people pushed back, saying that kind of income is still far beyond what most workers will ever see.
From there, the replies turned into a full-on argument about money, status, and what rich even means anymore. Read on.
Do $400K per year make you rich?
crushthebigotsSome people spend all that money
Molson_HartBecause they have high expenses. And they can afford them because they have such high incomes...
Molson_Hart
That argument did not land well with everyone.
1. Wonderful math...
LOLGOP
2. Yeah, they are rich...
EricFoltz
3. Just barely...
edburmila
4. Different POI
elsecaller_
5. It would be interesting to see
TaterSquid57
6. That's a lot... Maybe he should cut down on that rocket flying...
thrasherxy
While consumers around the world are paying more for basics such as food, clothing, household supplies, and significant expenditures such as vehicles, appliances, and homes, lower-income households are bearing the brunt of the burden.
However, wealthier individuals, who are more likely to own financial assets such as stocks or homes, may be better equipped to withstand the effects of inflation, he added.
7. Wherever you are...
andreapitzer
8. 400K is just the bare minimum...
FalconryFinance
9. You never think it is enough...
KurtisScaletta
Money may be relative, but the replies were not subtle.
This is similar to a family arguing over splitting bills fairly by income.
10. Would be great...
nastyw0manca
11. You have no idea...
justsomebrad
12. That's an interesting logic
Doug_Exeter
13. Oh, a philosophy question...
jenny2x4
14. Not hard...
GeeDee215
15. Sad, but true...
awkwardlefty_cj
16. Those nannies are well paid...
EpiEllie
17. How?
slippish
18. Tell me...
Plotjes
19. Yup, you are well off
Maame_Apouke
20. Eight times more...
alanrogers123
21. That's good money...
AsaZernik
22. Extravagant...
AlexandraErin
23. Those people sure love to party...
realbretmathews
24. Extravagant, no doubt about it...
TMcgibblets
25. It makes sense
MattBinder
26. Simply necessary...
FunkyRallan
27. More than 80% of Americans work for much less
RegVickers
28. Middle class is 50K to 200K
JohnBrown1858
29. That's the scale...
DWOBoyle
30. So... Yes...
martycomroe
The bigger question is whether rising prices and rising pay are just a temporary mismatch or the new normal.
Either way, people clearly have strong opinions about who gets to call themselves rich.
And this debate is nowhere near over.
Want that same “fair share” fight? See why this dad’s financial struggles changed sibling math.
