Scott's Silly Answers
How much money
do I need to be rich?
About a century ago, Ernie Einstein—Albert’s younger
brother—formulated an accounting equation that works
out how much money any one person needs to be
considered rich: R=mc0. The equation “R=mc0” means rich (R) is
your money (m) counted (c) plus an extra zero (0).
Here are some practical examples:
- A $1,000,000,000 balance has so many zeros that it confuses
people, to the point of thinking they have less money than they
actually have. They desire that extra zero to ensure they have
enough money to put their 10 chihuahuas through university.
- A $1,000,000 balance brings the desire of the extra zero so
people can separate themselves from those who won their million
from TV game shows.
- A $100,000 balance makes people want the extra zero, to be
invited to parties where they can get the autograph of those they
saw win a million dollars on TV game shows.
- A $10,000 balance brings a one-chance investment decision.
Having the extra zero would mean 10 chances to invest wisely and
allow for accidental investments in MP3 duplicating machinery.
- A $1000 balance means a person can think of 10 things they
could buy with that money—problem is they can have only one
of them, so the extra zero is craved.
- A $100 balance is great if you want to take your partner out for
dinner, but to really impress them you need that extra zero to be
able to aff ord enough roses to show them how much you truly
love them.
- A $10 balance leaves one desiring the extra zero so they can
skip the budget “blotchy wash” and get the deluxe carwash that
includes laser eye treatment and fl ossing.
- A $1 balance means that to be able to buy a “minimum of chips”
every day in the coming week, and feel rich indeed, an extra zero
is required.
- A $0 balance is literally having nothing. People like this are more
common in developing countries. The extra zero brings their total
worth to $0.0, which they already have, so are indeed the only
ones who, according to the formula, consider themselves rich.
Thus, it seems those with no money are more content than
those with it, and therefore richer than those with more.
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