The Cost of Living: When You Are Rich

Series: The Cost of Living

Many of us don’t believe we are rich, but here is the truth of the matter, “at least 80% of humanity lives on less than $10/day.” That is a study conducted by Pew Research. How many of us blow $10/day on unnecessary items. So, most if not all of us are in the 20% of the world as money earners. If you have a job making minimum wage in one hour you are just a $1.75 short of what most of the world will have to labor 8-10-12 hours for. Another study showed that in 2013, 767 million people lived on less than $1.90 a day . World Poverty Statistics says that in October, 2015 3 billion people live on less than $2.50 which is half of the world population.