Question: Is being rich good or bad?

Hoarding wealth and not using it is bad

I don't know... I've never been "rich". It would be up to each person how they reacted to becoming wealthy. Some would try to share out their wealth and become poor in the process. (That's what happens to a lot of lottery winners. They want to help their family and don't know when to stop.)

I don't like those who are rich and brag about it and rub it into people who are less fortunate face. They do that.

It is not wrong to be rich, they have all the resources to get to where they are. Nothing wrong with being poor too but you should not do bad things. I am not rich nor poor.

I would like to be rich and find out how it feels, but that’s one worry I don’t have.

How much money you want depends on your life style and your social obligations. Being rich is not bad but being filthy rich is bad. With growing inflation, people around the World will want to get filthy rich.

Oh that’s a good point someone rich who is out to do no good would be able to do that a lot easier with access to a lot of money . I think in general being rich would be good as it’s just one less thing to worry about in life.

I wish that everyone would have enough money to live well, eat well and have good health and education. I think that too much money is not always good. We need to have to work and wish for some things. I admire Bill Gates and his ex wife when they decided to give most of their money to different foundations and leave only part of it to their children.

I do not want to be rich. I just want enough money to live off of every month. No going without anything that I need.

Wealth is good and having money is good.

All I know is money cannot buy happiness. It is nice to have of course and the ideal situation is to have happiness along with the money.

I quite enjoy not being poor. I wouldn't like to be poor. I am not rich But am comfortable.

No wrong being rich. It's a good thing. But most times I heard those who are rich are starting to get greedy and arrogant. Now, that's bad.

I think being rich is all about being contented with what you have.

I don't know but I wouldn't mind finding out. I think I agree with what you're saying. It depends on the person and what they do with their wealth. I've heard stories of people coming into large sums of money and ending up in bad situations because they couldn't handle it. I'd like to think I'd be generous but also sensible enough not to cause myself any financial issues.

Having money amplifies your character. If you are a bad person as a poor, you will be a worse person as rich. If you are genuinely good, money will make you a better person. I think wealth just shows how a person really is.

The Bible says that the love of money is the root of all evil. Money isn’t the problem, it’s the idolization of it. As for the financial literacy, that’s absolutely correct. The Consumer Financial Protection Bureau says that at least a third of American lottery winners go bankrupt, most within five years of winning. That indicates that they have no idea of what to do with the money once they get it. People who are so-called “self-made millionaires” and have had to work for their riches know the importance of financial accountability.