When I was a student, a friend of mine fantasised about earning £100 a day. It felt like an incomprehensibly large sum of money; he simply could not conceive of spending enough to exhaust such riches. This was almost 30 years ago - the equivalent fantasy today would be more than £200 (S$310) a day.
My friend, who lived with his parents, was simultaneously naive and wise. His dream income is about twice the average salary in the United Kingdom, several times the global average, and about a hundred times more than the global poverty line. How much does anyone truly need?
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