How much Money do you need to be Rich?

If your salary was $160,000/£100,000 per year would you consider yourself poor? Probably not, but Felix Dennis, publisher and owner of Dennis Publishing (Maxim, The Week) would certainly think so. He is also an author, and it’s in his book, How to Get Rich, that he outlines exactly how much money you need to be rich.

What Everybody Ought to Know About the Easy Path

Please draw your attention to the graph on your left. The y axis is a difficulty rating scale with 10 being the highest, and 1 the lowest. On the x axis we have the years of a person’s life, starting with 25 and finishing at 75. The blue curve is the theoretical chart of a person who, faced with a life changing opportunity at the age of 25, decides to stick with the path they know (easy path). The red curve charts that same person’s progress if they were to grasp the opportunity and screw the system. Let’s explain.