Just my opinion - When you aren’t afraid of any changes in external factors (economic, political, environmental).

Not disregarding that, just what people consider as strong signal

Consultant

Easy - Premium address, car and social media reflecting luxurious lifestyle.

Product Manager

Getting an IVY league or better college education post 40, especially if it is a full time course. Bonus points, if it is an obscure yet developing/cutting edge research STEM/Governance degree.

When you start valuing your time (and where that is spent) over money.

Staff Engineer

Don't do expenses for show-off at the same time don't hesitate to spend on things which make you or your loved ones happy.

Software Test - QA

Welcome to Personal Finance's Private Community

What is the strongest signal of wealth in your opinion

What is the strongest signal of wealth in your opinion- Grapevine

Heard somewhere that you are a rich man if you are richer than your wife's sister's husband. 😂

According to you, who is a rich man?

Are we India's top 1%?

Welcome to Indian Startups's Private Community

If there is one thing you can learn from Ambani’s wedding, it’s the fact that money is the only objective measure of power and influence in this world.

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The biggest rivals politically, share the stage and greet each other 
The biggest rivals in cricket, dance with each other
The biggest rivals in cinema, greet each other 
The biggest rivals within family, help each other 
The biggest rivals in business, hug each other 

-

You should strive to make as much money as you possible can because money is power. You don't do it for pleasure; you do it because that's how you win. You do it because in this ruthless world, being on top is the only safe place to be. Money is your shield and your weapon, and without it, you're nothing.

-

You make as much money as possible because, let's face it, money's fun. It's the key to all the cool stuff—power, parties, private jets, you name it. Sure, it's also about proving yourself and not being the screw-up everyone thinks you are, but mainly it's about the thrill. Making money means you're in the game, you're relevant, and you can do whatever the hell you want. 

-

Plus, it gives you the leverage to tell people to screw off and actually get away with it. So, yeah, stack that cash and enjoy the ride.

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You make as much money as possible because it’s your ticket to security and status. In this family and in this world, wealth is what keeps you safe and respected. It’s about climbing the ladder and proving you belong at the top, even if you weren’t born into it. With money, you gain leverage, influence, and the ability to protect yourself in a cutthroat environment. Plus, it doesn’t hurt to enjoy the finer things and have a buffer against the chaos that comes with being alive in this world. 

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You make as much money as possible because it’s about breaking boundaries and redefining what’s possible. It’s not just about the money—it’s about the disruption, the innovation, and staying ahead of the curve.

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Continued in comments

Make money! As much as you possibly can!

Ambani's wedding is a display of the heights of income inequality in India.

Below 1 lpa : :(((
2-4 — Lower middle class
4- 8 —- Middle class
9-15 —- upper middle class
15+ upper class 

What would you guys categorise?

What is the income category for an individual in lower ,middle, upper middle, rich clqss

The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - 
https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms

Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same -
https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html


Is anyone here in top 1%?

What it takes to be in Top 1% of India

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Software Developer

What opinion will you defend like this?

Sales Leader

Investor

It’s interesting to learn about wealth centres of the world. Scale of US is gigantic even for China. However, it looks 13k may not be a real number for India or maybe they took the $ value in consideration.

Ultra Wealthy density

Going first, for me it is my Apple Watch Ultra (with Blue Ocean Band). I paid Rs. 1.05 Lacs for it but still the best investment I have ever made

What is the most expensive thing you own?

Business Development Manager

Do you already have it or will you get it in the future? 
How has life been with it ? 
What are your future plans like ? 

Are you building it for your future family? How ?

PS: for this context it's only about money/jewellery/real estate/assets etc.

Do you have some kind of Generational Wealth ?

Senior Software Engineer

So many people with multiple houses, high end cars.. when they mention such statistics are they even considering total wealth or inheritance?

Earning 50LPA makes you top 1%, seriously?

Spread of Billionaires in India. It is truly cool how far ahead Mumbai is. And how near Ahmedabad is to Bangalore.

My current salary is 42LPA. I am from IIT, have 7 years of experience and work in product. Honestly, my value in the market is higher than what I’m being paid but I am very demotivated to optimise for that. When I do see less deserving people minting more money, I feel that I am doing injustice to myself and playing the wrong hand.

More and more though, the thought of earning more money chokes me a bit. I have dreams of building something of my own - that gives me control to build something my way and freedom to live my life as per my terms. But the mindset of “zyada paisa pareshaani hai” doesn’t leave me.

My family also is not dependent on me and whatever is needed from my side, I actively contribute to. I also lack any motivation to focus on my investments and see my money grow. I just have money sitting around in my bank account purely for nothing

I also look at my lifestyle choices from time to time and go into existential debate of why we need the things that we do. This has come to a point where I really do not understand my relationship with money and why we earn and spend it. 

For me at this point, it’s just a show for the world. There’s very little that you need, and really no limit to what you want to show. And I just don’t see a point in it anymore.

I am demotivated to work to earn more money

Hey @Hungryninja  
 Extremely relatable and very beautiful write up 
  
 I get the trouble you face. When you’ve almost figured out what you like and what you don’t like (that money isn’t thaaat needle moving, I have basic needs) but at the same time, the opportunity cost of relaxing is too high - everybody from your batch will remind you of how far you can go, and the middle class boy in you will find it difficult to stomach letting go of all the money, even though you can make it  
  
 Went through this at one point. I have ultimately sided with money. I cannot sit back and relax. Money will only unlock a lot of foreign travel and good lifestyle for me. But more than that, I am lucky to be in a position that allows me to earn money easier than other people do. So I’ll make it, help extended family and people who cannot earn as easily, because at least in a country like India, it’s almost a responsibility. We’re not fucking Europe. 
  
 I’ll just not kill myself for it as much as I used to :)

Investment Associate

Product Owner

Back in 2013 .. i thought if I will be able to make 50k a month thats more than enough to sustain a family of 4 back in the day.. 

But now I see folks even earning 1lpm and struggling with finances .. they don't own a house.. 

Have we all started to live the false rich life ? 

I don't think making 2LPM or even over that... and living just on that makes you rich .. I do think in order to be rich one should look at his bank balance.. investments and assets which are generating regular income for him/her ... 

What do you guys think??

WTH is going on with the Expense Inflation of us all?

Welcome to IT Company Discussion's Private Community

Guys have been working since 3 years in a job, don't feel that job money can make me rich? What are your thoughts on this especially the one who are more experienced?

What is the strongest signal of wealth in your opinion

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