Is £12,000 per a month rich?

If you're in Asian Countries - Yes you are one of the craziest rich asians.
 
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Really depends on your mindset and where you taking your reference of richness from.

I am making more or less that amount every month but I don't feel rich at all nor I feel poor.

Even tho I come from a poor background and grinding my way up but I never felt poor. So I guess its just your mindset that can make you poor or rich.
 
I don't think 12k a month is rich but is above average in any country. You can live and sustain your family properly. That's not viable for big cities as New York, London, Paris, and so on. Just a house in these cities is fro 1 mil+ in a decent area.
 
Everything relies on relativity.

Relativity which depends on what are your spendings and not exactly where you live. You can buy a bugatti for 2m in Asia and you can also buy that in California. You would have to save for 13 years to buy that.

So it really depends, for me i wouldn't consider that rich if your goal is high end products on every niche.
 
4xsalary average quite rich but not too rich .. you can have 2 child and still enjoy life
 
You can consider yourself rich with that income in most countries.
 
It depends on your budget. If your expenses is 12,001 you are poor.
 
Relative to both your age and residence.. If you're 22 in Thailand or Ukraine, sure you will feel rich. If you're 40 with 2 kids in NYC, you're about middle-class..
 
Yeah, kind of. Is that what you earn or your target?
 
It's well off, a long way off rich. You wouldn't even be able to get a mortgage on a house in London on that salary.
 
It will be never enough.
The greed in us will compel us to achive more.
For me its good thing.
This greed helps us to achive more and more.....
 
It really depends on the country you're living in. It's literally worth NRs 12,00,000 in my country and person earning this much a month is either a real estate agent or a experienced business man.
 
Pound sterling?

In ASEAN continent, without a doubt you are rich.
 
depends where you live and how sustainable that is
 
If that's net profit and you are not having any debt, sure it's a nice figure per month.
 
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