On being a millionaire

It’s easier to be a millionaire these days.

With inflation a million isn’t worth what it used to be. It has less buying power in terms of a house purchase for example.

There are more millionaires around in terms of both asset value and liquidity totals. Getting to a million is just a matter of a decent salary, saving, compound interest, and avoiding as many taxes as is legally possible.

Once you are a “millionaire”, then what? It doesn’t carry the same weight as it used to. What with internet stars and influences being deca-millionaires. Being a deca-millionaire might be the new millionaire.

Still, it would be nice to have a million.

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