This is hardly an important question, but still something I have wondered. If two people (spouses, for example) jointly accumulate a net worth of $1 million, does that make them both millionaires? Or are they each a 1/2 millionaire, in which case they would need $2 million to be considered millionaires?
I started thinking of us/myself as millionaires when we reached net worth > $1 million not including home equity. But that's pretty arbitrary.
I started thinking of us/myself as millionaires when we reached net worth > $1 million not including home equity. But that's pretty arbitrary.