Money required by a man depends on his life style.

Hi Doctordidi, that is not strictly true. If a person has ten children, and another person has no children, which one would need more money? That is not a lifestyle choice at all. Once a person has a family with kids to feed, he would not want to spend on himself, but on his children. If you have a parent who has health problem, and needs round the clock medical care, you definitely need more money than others. That is again not a lifestyle question. It is an obligation, since children must care for parents when they grow old, sick and weak.

obviously a man earn only for the lifestyle he is affording. if he needs to change his lifestyle then he has to pump up his earnings. then he has to come up with more advanced techniques so that he can afford another life style.

I agree completely! Additionally, I think the person's lifestyle depends very much on their expectations: some people expect to have a certain house, car, gadgets, tools and everything else; others expect simply to be able to eat and have a roof over their head and that's good enough for them. I'm in the latter category: if I have a penny more than I need to survive, I'm rich.

Hello,I think it is better to link money with desires. Desires have not any limit.So need of money have not any limit. When some one satisfies one need another need will raised.To satisfies every need we want money.

A person life style depends on the money attained from his job or source of income. A person's wealth obviously could have a very rich lifestyle. I believe everybody wanted to have much money because our world is truly materialistic.

I support your views. If your expenditure is less than your earnings, you can save some amount which would help you in rainy days. I belive in this simple philosophy of life and act accordingly.

I totally agree with this statement. I do fine as long as I have enough to cover my bills and a little left over. It doesn't always happen, but at least I try. Some people would look at the amount I make and they might ask why I feel like I have trouble, but then they only look at the income and not the expenses. Someone else who gets a lot more than I do might look and ask why I don't feel more stressed about money, but I know that worrying about something I have little or no control over will do nothing but make me miserable. Thanks for pointing this out! Have a great weekend!!!

A person should live the way they can afford it and not above it. I see alot of people do that and they just get more into debt all the time! Then I know people who live under the means because they are cheapskates like Ebenerzer Scrooge! Then there are the ones who live at what they can afford.

I think that you are completely correct in this. I also think that the majority of people will tend to live within the means that they have at a given time. For example, we have less money than we used to have at one point in time, so we tend to do without a lot of things that we used to be able to have. However, in the near future we will have more disposable income and I believe that when that happens, we will have a lot more nicer things than we do right now.

I think everyone lives by a certain standard. This standard may have been influenced by the kind of lifestyle one grew up in, or personally developed by experience. So, I agree that everyone's need vary differently. One's definition of 'being poor' may be different from another.

Indeed some people tend to like to enjoy some of the luxuries of life. Of course, there are going to be a time where if that money gets cut off, it is going to be a shock. Some people live for today, as if the next day, a day that could mean some not some not so great things will never ever come. It is a bit short sighted to say the very least of these people. Still there are people who will in fact decide a more modest lifestyle is for them. Therefore, they will really find a lot of times where they are going to save what they can. While other people, either having grown into or be accustomed to a certain lifestyle, are going to spend a lot of money and they need a lot of money to maintain the quality of life that they are used to, for right or for wrong. And when things change, they can't handle the change.

That is quite true, not everyone will need the same amount of money to live. People who smoke or drink will need more money than people who doesn't smoke or drink, so, just that simple habits will make their life style different.

I agree. Although most people would love to have lots of money, it does not mean the lifestyle will be any different. I never understood that lavish lifestyle anyway. I was always a simple person. But don't get me wrong, I do like my electronic gadgets.

I totally agree with you! Sometimes we may wonder how a big but poor family can still manage to survive. They don't look like they're worrying so much and you will see them happy. While, those who have the money to buy good foods are thinking what nice foods the family would eat the next day... Sometimes there are people too who spend a lot on clothes not even thinking about saving some money so in case he might need it in the future.

Hi! You are right to an extent that one's requirement of money depends upon one's life style. However, those who do not earn much can not afford to live a comfortable life style. Earning money is the pre-requisite then only one could think about life-style. dpk PS - I would welcome your comments on our responses, I notice that you do not post your comments on responses.

Yes, I can easily go along with this, especially when I think of a billionaire, who gets concerned that his profits have dropped. To me just a quarter of a million would be a small fortune! Probably even less than that! I watched a documentary a few weeks ago about this guy who had big houses all over the world, was chauffeur driven in a large white Rolls Royce, yet worked most of his working hours.. He could have taken a rest, but was concerned with the money he could lose if he was to lay around on a beach for a while. So I am quite happy not to be like that! _Derek

You maybe right because people are very much love having fun to buy anything which is not needed or important. Some people is not contented enough to manage their life and that requirement is apply to them because they need more money to spend on their lifestyle...

I agree with you and I think it is a shame that more people do not understand that everyone is different. People make fun and ridicule others for the way they dress or the cars they drive, etc. but these things are perfectly acceptable in their socio-economic circles. If everyone could learn to accept each other, the world would be a much more agreeable place.

I think you are right.

Very well put. I would say the money needed depends on a mans principals. Right now I drive a 95 mazda and I really want a later model car. I can't afford another car right now. I hope to purchase my next car this year. I could drive the old car a little longer but I feel I've outgrown it. The 95 mazda needs some minor body work but for the most part it's in good shape. Does this have to do with my principal or is this a need. I need to drive a car that is comfortable for me.