What would be a life-changing amount of money for you? $20,000? $200,000?
When you hear the phrase “life-changing amount of money,” what is the number that comes to your mind? According to one 2019 poll, the average American named $19,800 as the amount that would change their life—but for millennials, it was just $5,000. On the other hand, in April 2021, an unnamed tech millionaire wrote in New York magazine: “I thought that I’d make a little bit from an IPO, maybe $200,000.