Do you think wealth is a good thing? Are you wealthy? Do you want to be? Pro's/Con's?
First we have to define wealthy. Many people think that millionaires are wealthy; but in reality they're not. The average 5 bedroom house in Kent will set you back way over £1m.
Some people see it as £10m or £15m (a lottery win almost). In reality this is not even close to it. To live the "millionaire lifestyle" people often see the super rich enjoying would typically cost around £15m per year to maintain; so that lottery win would disappear quite quickly.
I'm what some people would call the 1%; but in reality I'm nowhere near the 1% not even in the UK. Many people I find either envy the wealthy or they hold them with contempt or distain.
I think many people have the misconception that money = no problems when in reality the opposite is invariably true. We still have the same problems, & face many problems others don't.
This is especially true with trust issues, as you never know if someone wants to get close because of your wealth or they want to be with you. Also it's a lot easier to lose it than it is to make it. You also have the burden that with more money generally also comes with more expenses. Bigger house, more cost, more insurance, more furnishings etc. When you get to a level also there is a continued expectance to obtain or spend more.
In reality I live quite a humble life. If you met me on the streets day to day you'd not notice me from a thousand other faces in the crowd.
I started on a council estate, literally dirt poor. My life is a literal rags to riches. I was even homeless for 2yrs eating from bins.
Now I'm the owner of my own IT company. But as I said before, more money brings added strain vs gain & the same can be said for business. My company employs 55 freelancers as a workforce & taxes paid last year was over £3.5m GBP.
The benefits are as expected though.
So is money the root of all evil? Annually I'll give almost 10% of my turnover away to charities, good causes, & random strangers.
Some people see it as £10m or £15m (a lottery win almost). In reality this is not even close to it. To live the "millionaire lifestyle" people often see the super rich enjoying would typically cost around £15m per year to maintain; so that lottery win would disappear quite quickly.
I'm what some people would call the 1%; but in reality I'm nowhere near the 1% not even in the UK. Many people I find either envy the wealthy or they hold them with contempt or distain.
I think many people have the misconception that money = no problems when in reality the opposite is invariably true. We still have the same problems, & face many problems others don't.
This is especially true with trust issues, as you never know if someone wants to get close because of your wealth or they want to be with you. Also it's a lot easier to lose it than it is to make it. You also have the burden that with more money generally also comes with more expenses. Bigger house, more cost, more insurance, more furnishings etc. When you get to a level also there is a continued expectance to obtain or spend more.
In reality I live quite a humble life. If you met me on the streets day to day you'd not notice me from a thousand other faces in the crowd.
I started on a council estate, literally dirt poor. My life is a literal rags to riches. I was even homeless for 2yrs eating from bins.
Now I'm the owner of my own IT company. But as I said before, more money brings added strain vs gain & the same can be said for business. My company employs 55 freelancers as a workforce & taxes paid last year was over £3.5m GBP.
The benefits are as expected though.
So is money the root of all evil? Annually I'll give almost 10% of my turnover away to charities, good causes, & random strangers.