Have you ever heard the term, High Net Worth Individuals (HNWI)?
Sounding a lot less intrusive than “is someone rich enough”, it asks the same question, with a higher chance of getting a straight answer: are you rich enough… to afford certain things?
In the States, the land of capitalism,
If I were to draw a direct parallel with Woolf’s £500/year of passive income, in a literal measure it’d be worth £39,364.90 today, or roughly $77,000 AUD.
To a single person living in London, on the average cost of living of £34,704, it’
So you’re approaching mid-career. You have a stable job that pays a good income. You save consistently, and you bring lunch from home when you come into the office. Only if you have to, of course, because why spend $60/day when you can spend $0? You still walk
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