The chase for money especially in this dispensation is never ending. People are willing to go all out and do anything (legal and illegal) for money these days. The real question that i am forced to ask is, how much money is enough money?
At what point will one say that he or she has had enough money?
How much money does a person need to live in the context of today's world?
The question itself is very good and the answer is relative.
According to Bangladeshi standards, an adult needs 2122 kilocalories of food per day. It is possible to collect these calories if roughly 80 to 90 rupees.
Again if we go by the Burden of Basic Needs (CBN) theory, then adding an additional 30% on top of this 80-90 rupees will cost roughly 100 rupees to live.
On the other hand, if we go according to international calculations (Millennium Targets), 1.9 dollars per day means that one person needs 160 rupees per day.
Then if we divide people into 6 categories in the light of wealth ranking, namely upper class, rich, middle class, lower middle class, poor, and extreme poor, then the daily consumption rate will be very different according to the class. A typical poor family can afford to drive a lot with the cost of a luxury car.
So what is the conclusion? The conclusion draws on the last three categories, as they are the majority. 60000 to 8000. It is impossible for them to live under it. However, the costs have different relativities. own house? Does the child read? Are there installments for purchasing fixed assets? etc.