Archived

This topic is now archived and is closed to further replies.

The downsides of being rich

255 posts in this topic

Posted · Report post

http://www.bbc.com/capital/story/20140718-is-getting-rich-worth-it

 

Unless you were born rich, at some point in your life you’ve probably dreamed about becoming wealthy.
 
You know, ridiculous wealth, winning-the-lottery kind of money, with visions of lifestyles of the rich and famous, mansions with manicured lawns and massive swimming pools, personal islands, expensive sports cars, private jets and, well, loads of extra money just to do whatever you’d like whenever you’d like to.
 
What happens to those lucky few people for whom dream becomes a reality? We turned to question-and-answer-site Quora for some advice on whether getting rich is worth it.

 

 

The downsides of being rich can outweigh the benefits. “The first thing you are thinking reading that, is, ‘cry me a river.’ You are not allowed to complain about anything, ever,” when you’re wealthy, wrote one anonymous respondent. “Since most people imagine being rich as nirvana, you are no longer allowed to have any human needs or frustrations in the public eye. Yet, you are still a human being, but most people don't treat you like one.”
 
Other downsides stretch to new parameters with friends and family. “Most people now want something out of you, and it can be harder to figure out whether someone is being nice to you because they like you, or they are being nice to you because of your money,” the anonymous respondent continued.  “If you aren't married yet, good luck trying to figure out (and/or always having self-doubt) about whether a partner is into you or your money.”

 

 

Yeah I think I would still take it.

2 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

if it's that bad you should just give it all away IMO

3 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

I would like to take on the challenge of being wealthy then.

Sent from my SPH-L710 using CarolinaHuddle mobile app
1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

I can't remember who this quote is attributed to but I always refer to this quote:

"Money can't buy you happiness, but it is a lot more comfortable crying in a Mercedes than on a bike"
8 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

Wealth also tends to bring out people’s true colours, added Paul Buchheit. “In general, it makes people more of whatever they already were,” he said. “If you're an a------, getting more money will probably make you more of an a------. However, if you have purpose and meaning in your life that goes beyond chasing the golden carrot, money can give you the freedom to focus on the things that truly matter to you.”
2 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

Sometimes I look at the wealthy and just imagine how they would react if they woke up 1 morning and all the ATM's were down? I picture it as an opposite version of " the god's must be crazy". I don't look down on people becoming wealthy. But I cannot deny that most become dependent on their wealth, like having money is a survival skill. Mo' money, Mo' problems, right?

1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

Seriously, shut up.

 

I get what they are saying but get over it.  There are bad problems, and then there are good problems.  Having to lose a little trust in people because you are now rich is a good problem, not being able to pay a bill because you don't have the funds, is a bad problem.   If I had millions I would keep myself busy with charities.  Not just handing over the money but get down there on the ground level.  Help build homes for Habitat for Humanity, etc. 

 

I'm with pstall; challenge accepted!

 

It just means the people you had before you got rich are that much more important to you.   Granted, I only have a handful of close friends and a little bit more of family, so if I won a big lottery I would definitely pay off their homes and help them out.  But new folks, probably not until I fully trusted.

 

But I'm the type of guy that is frugal and I just couldn't buy five Porches for no reason.  In fact, I wouldn't ever drive again and just keep a driver on the payroll and I'd ride in a nice, comfortable backseat to my destinations. 

 

****BONUS****

 

You can get in the Tinderbox and tell non-rich people they are lazy, uneducated, and just want a hand out!

4 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

Sometimes I look at the wealthy and just imagine how they would react if they woke up 1 morning and all the ATM's were down? I picture it as an opposite version of " the god's must be crazy". I don't look down on people becoming wealthy. But I cannot deny that most become dependent on their wealth, like having money is a survival skill. Mo' money, Mo' problems, right?


I was thinking more along the lines of "A Day of Absence" but "The Gods Must be Crazy" works too. In my experience, most of that comes from those who suddenly became wealthy, (lottery, pro athletes, etc...) are self-made & have been wealthy for a while, & the first generation born into wealth.
2 people like this

Share this post


Link to post
Share on other sites

Posted · Report post

Seriously, shut up.

 

I get what they are saying but get over it.  There are bad problems, and then there are good problems.  Having to lose a little trust in people because you are now rich is a good problem, not being able to pay a bill because you don't have the funds, is a bad problem.   If I had millions I would keep myself busy with charities.  Not just handing over the money but get down there on the ground level.  Help build homes for Habitat for Humanity, etc. 

 

I'm with pstall; challenge accepted!

 

It just means the people you had before you got rich are that much more important to you.   Granted, I only have a handful of close friends and a little bit more of family, so if I won a big lottery I would definitely pay off their homes and help them out.  But new folks, probably not until I fully trusted.

 

But I'm the type of guy that is frugal and I just couldn't buy five Porches for no reason.  In fact, I wouldn't ever drive again and just keep a driver on the payroll and I'd ride in a nice, comfortable backseat to my destinations. 

 

****BONUS****

 

You can get in the Tinderbox and tell non-rich people they are lazy, uneducated, and just want a hand out!

I know a dude in Dunn that's loaded. He rides around town on a 1989 model John Deere riding mower! 

Share this post


Link to post
Share on other sites

Posted · Report post

Also A problem is trusting the contracter not to boast about the sweet panic room you just purchased in case the 99 percenters want to Purge you and destroy your garage's elevator.
1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

I think that to be happy and wealthy requires that the wealthy person ensure they do something meaningful with their lives.  Whether they do so by working hard in the family business, or in a charity or some other way of keeping focus doesn't really matter, but just sitting back and doing nothing of value all day would be depressing. 

1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

I can't remember who this quote is attributed to but I always refer to this quote:

"Money can't buy you happiness, but it is a lot more comfortable crying in a Mercedes than on a bike"

 

Yeah and try paying your rent with a smile.

Share this post


Link to post
Share on other sites