The definition of rich is having passive income greater than your burn rate

Ben Carlson wrote and articled called Different Ways to be Rich in 2019.

“It’s estimated only 5% of people in the United States are millionaires.”

“One study found adding 20 minutes to your commute makes you as miserable as receiving a 19% pay cut.”

“In The Algebra of Happiness, Scott Galloway discusses his definition of rich when it comes to income and expenses: ‘The definition of “rich” is having passive income greater than your burn.’“