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Being Rich: Does it Equal Happiness or Grief? email this discussion to a friend?

myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers3 weeks ago

I've never had a lot of money in my life and I don't expect that I ever will. That doesn't bother me too much because there have been periods in my life where we've had more money than in other periods and I find that when things are leaner I am happier.

So, the question that I'd like to ask today is: Do you think being rich would make you happy or do you think it would cause you heartache and grief?

This is a follow-up to my question about how much money it would take to make you happy and I'd love to see your views about the impact of money on your life.

 
 
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shell2784 (230) response was accepted on 11/13/2009.
denotes best response.
tags:  happiness, money, rich, grief, wealth
 
1. myLot reputation of 91/100. learn2earn (10293)   ranked 2,795 out of 19,013 in questions & answers   3 weeks ago

Being rich and wealthy is good if we know how to use our money to better not only ourselves but others. That is the secret of happiness - being a blessing to others. But if a person is rich but is not generous and is not willing to use his money for others, then that would, I think be the reason to be unhappy. Money cannot buy happiness, but the lack of money is usually causing unhappiness to many. Therefore, I would rather have money and be happy than lack money and worry. lol


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

I think that you feel very similar to the way that I feel. I would rather be comfortable so that I don't have to worry about where the money to pay the bills is coming from as opposed to having to worry about that and when I do find that I have some extra money in my pocket, I tend to be very generous with it.

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2. myLot reputation of 68/100. sirnose (935)   ranked 697 out of 19,013 in questions & answers   3 weeks ago

Being rich would probably make me feel neither happy or sad, but make my life a little bit content, just knowing that I could have some measure of control over my life, well financial life would bring me joy. ... happy


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

Having that measure of control over your life would indeed be the best thing about having extra money in your life. Thanks for sharing your view.

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3. Kaxxper (14)   ranked 15,828 out of 19,013 in questions & answers   3 weeks ago

i would make me happy, because i knew i had the money to buy or go do whatever i wanted to:D


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

On the one hand this seems like it would be the perfect situation, but on the other hand you hear the stories about people who have won the lottery and are broke within a couple of years and it really makes you wonder.

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4. myLot reputation of 93/100. captainmorgan (480)   ranked 3,522 out of 19,013 in questions & answers   3 weeks ago

I think money would make me happier. Having alot of money would make life easier and more enjoyable. I would be free to travel and try new and fun things. There is actually a job, I can't recall what the name of it is, where people put dollar amounts on certain events in life. Like how much money it would take to make up for a divorce, or losing your job, or never falling in love, ect. I think it's called studying the economics of happiness. I thought it was really interesting that dollar amounts could be put on experiences.


adriensharp (6)  3 weeks ago

I think I'm in love with you. How much is that worth? At least a kiss?


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

That does sound very interesting that dollar amounts can be put on the experiences that we've had in our lives. I guess my life would probably be worth a ton in dollars because I've had the opportunity to experience a lot during my life even though I've never been in a financial situation where I am truly comfortable.

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5. myLot reputation of 96/100. Debs_place (6693)   ranked 2,788 out of 19,013 in questions & answers   3 weeks ago

I have never been rich but at one time I was comfortable. I lost my good job and now make less than I used to make. Unfortunately, the whole economy has gone bad and I can't sell my house or afford to refinance it. My car is a 12 year old minivan that should be replaced but that is not in the the cards.

I would be far happier and would sleep better if I could cover my bills every month. Even with OT I can't do that.

I would like to have enough to cover my bills, retire and go on a weeks vacation every 2 or 3 years. A new car every 8 or 10 years would be nice too.


myLot reputation of 98/100. muscles4me (8434)   ranked 137 out of 19,013 in questions & answers  3 weeks ago

The economy is very bad right now. I am retired but my pension was a lump sum and we all know what happened to the stock market etc. I am comfortable plus alittle and paying bills is one thing, its the unexpected emergencies such as home and car repairs that are causing stress.


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

My mother has been in the exact same situation that you are, Deb. She does get a pension check every month that pays for her house payment, but beyond that she wasn't able to pay the other bills until she has found some temporary employment recently. I know that the things that you request are the exact same things that she would like to be able to do.

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6. myLot reputation of 58/100. coldmoon (853)   ranked 2,830 out of 19,013 in questions & answers   3 weeks ago

Money can cover well the worry and unhappiness of a family, but can't replace the happiness. I don't agree that being rich make us more happy, because for me, happiness is something stable under the finacial situation. If someone says that they feel happier having much money, I can say that this one hasn't known how to distinguish between cheer and happiness yet.


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

I am in complete agreement with you on this. There've been stages in our lives where we experience times of good fortune and then there are times when we have lesser fortune. I find that our family is happier when we don't have a lot of money to spend because we are able to enjoy more time together whereas when there is extra money in the cards we are less likely to spend time together.

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7. myLot reputation of 94/100. mariposaman (2476)   ranked 756 out of 19,013 in questions & answers   3 weeks ago

Being rich gives you options. Very few rich people give away all their money because you need a certain amount to live comfortably. Contrast that to the people who live on the street, they have no money at all.

There are lots of people who cannot handle money however. When they gain a lot of money it is just another bigger paycheck to burn through and they do so and end up broke with no security. Money gives you that security if managed correctly, you don't help yourself and also help others too.

happy


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

Spectacular view here. It is very important to be able to handle your money in a reasonable way and I think that the reason that this discussion came to my mind is because there are so many people that aren't responsible with money.


myLot reputation of 94/100. mariposaman (2476)   ranked 756 out of 19,013 in questions & answers  3 weeks ago

The Ontario school system will soon be implementing a finanacial literacy program in a year or so which will run over years from grade 3 to grade 12. I have been advocating this for years. I think they should be taught how a business works too.

Financial literacy is as important as many other aspects of one's life. I think now it does not go more than a few lessons like how to write a check or how compound interest works. Most university students are given free credit cards and they max them out with exorbitant interest rates it takes forever to pay them off.

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8. adriensharp (6)   3 weeks ago

"Never wealth, she led a rich and enviable life thanks to a lifetime of interest, activity, and friendships"--Dr. Drew Pinksky; on a patient of his.

It is possible to be happy with little money.


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

I agree. To me the three most important things in live are those that you've mentioned in the quote you've used here. Without any one of those three things, I don't think that my life would be worth living.

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9. myLot reputation of 97/100. paintswithwords (242)   ranked 853 out of 19,013 in questions & answers   3 weeks ago

Like you, doran, there have been times in my life when I have had good amounts of money and times when I had very little, though I have never been what you could call wealthy. The times when my children and I had very little were memorable because we learned how to improvise and ways to make the dollar stretch. It also drew us close as a family because we did more as a family unit. The ingenuity, sharing and imaginative entertainment that grew out of those times enabled my children to grow up creative, self-sufficient individuals.

The times when there was more money than what would cover necessities were equally enjoyable as we could enjoy activities that we had not previous. This meant that we could share in outings with friends, like eating out once in a while and going to a movie.

I have found that it did not matter how much or how little money I had. Rich people have their own set of problems, especially the fear of losing all those riches. Happiness does not come from money, riches or luxurious living. Some of the unhappiest people in the world have been very wealthy.

By the same token, money alone does not bring grief. Money has no power, therefore it can not give me happiness or sadness. Happiness comes from within. Grief also is a result of my attitude and how I face life with its ups and downs. Whether wealthy or poor it is the myself and my attitude that determines my happiness...not how much money I have or do not have.


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

It is quite amazing to see the differences in a family dynamic between the people that never have to worry about money as compared to those that aren't especially financially comfortable. Money is definitely not the source of all evil or all happiness for a person, it is rather the means to an end.

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10. myLot reputation of 93/100. solared (844)   ranked 3,210 out of 19,013 in questions & answers   3 weeks ago

It only leads to grief, unless you done horrible things to get that money, then you don't care.

After all money is the root of all evil, if I was rich I would definately do what I could to help others give alot away.

I'm really proud of Bill Gates for this reason he tons of money away he and his wife travel to poor areas to help children.


myLot reputation of 97/100. paintswithwords (242)   ranked 853 out of 19,013 in questions & answers  3 weeks ago

Money is not the root of all evil, the LOVE of money is the root of all evil. If money were the root of all evil then Bill Gates would be spreading evil everywhere...lol


myLot reputation of 99/100. dorannmwin (1641)   ranked 20 out of 19,013 in questions & answers  3 weeks ago

I do think that it is wonderful that there are so many "rich" people that use their money to help people that are less privledged than themselves. However, I don't think I would go to the extent of saying that money is the root of all evil.


myLot reputation of 94/100. mariposaman (2476)   ranked 756 out of 19,013 in questions & answers  3 weeks ago

You misquote. I agree it is the love of money. If you love money, it is your god, and you are not loving God. Money in itself has potential to do good. Yes Bill Gates would be spreading evil if that were true, and his foundation has been funding research into a malaria vaccine. While the trials are turning out only 50% effective, it will save millions of lives, mostly of children.

I can only see money that is mismanaged as bringing grief. Properly managed money can help you in life, as well as helping others. They guy with no money living in a cardboard box under a bridge cannot help himself or help others because he is broke.

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