Comments on: I Have No Need Or Desire To Be Wealthy. http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/ A place to discuss money...for the rest of us. Mon, 23 Nov 2009 21:22:28 -0500 hourly 1 By: Erin aka Conscious Shopper http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32727 Erin aka Conscious Shopper Mon, 04 May 2009 18:05:30 +0000 http://www.mytwodollars.com/?p=2019#comment-32727 I completely agree - I don't have any desire to be wealthy, though I would like to be financially comfortable (meaning enough for our needs and fun extras). But I've often thought how nice it would be wealthy because of all the good I could do with that money. Sometimes I daydream about the charities and non-profits I would start if I were wealthy... I completely agree – I don’t have any desire to be wealthy, though I would like to be financially comfortable (meaning enough for our needs and fun extras). But I’ve often thought how nice it would be wealthy because of all the good I could do with that money. Sometimes I daydream about the charities and non-profits I would start if I were wealthy…

]]> By: Anthony http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32710 Anthony Fri, 01 May 2009 14:01:54 +0000 http://www.mytwodollars.com/?p=2019#comment-32710 Interesting post. I agree with the being content in simple things and not devoting your life to getting more. If your life is satisfying the way it is, why chase more money like most other people? After a certain point wealth is frivalous. Interesting post. I agree with the being content in simple things and not devoting your life to getting more. If your life is satisfying the way it is, why chase more money like most other people? After a certain point wealth is frivalous.

]]> By: Kristen@The Frugal Girl http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32691 Kristen@The Frugal Girl Wed, 29 Apr 2009 20:01:56 +0000 http://www.mytwodollars.com/?p=2019#comment-32691 Good post. I was just working on a post about something sort of similar that I realized on my birthday this week. Good post. I was just working on a post about something sort of similar that I realized on my birthday this week.

]]> By: David http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32651 David Sun, 26 Apr 2009 16:24:38 +0000 http://www.mytwodollars.com/?p=2019#comment-32651 I have actually read both books, and I definitely don't go without anything I need. I make much more than we spend, so we save each and every month. I guess my point was that I am comfortable where I am, in terms of money earned and things owned, and I have no need for more of either one of those things. I have actually read both books, and I definitely don’t go without anything I need. I make much more than we spend, so we save each and every month. I guess my point was that I am comfortable where I am, in terms of money earned and things owned, and I have no need for more of either one of those things.

]]> By: Bret http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32650 Bret Sun, 26 Apr 2009 08:14:09 +0000 http://www.mytwodollars.com/?p=2019#comment-32650 David, I wasn't advocating working harder to become wealthy. I've never been a big fan of the work and stress treadmill. Life is too precious for that. I recommend saving some part of everything you earn. Just pay yourself first so you have something left over for your family from all of your effort. Time becomes more precious than money and it's a sucker's game to trade one for the other. But, if you think it's less stressful to just get by, I have to respectfully disagree. Trust me on this, what is less stresful is having some ready cash to fall back on in an emergency. I just watched a really good friend of mine lose his house after an ATV accident. He was doing fine just getting by for 20 years, until the accident. If he had saved a couple months worth of cash, he and his family would have been fine. Instead, they lost everything. I support a family of four on a single income. I have been laid off twice, once for almost six months. I never had to stress over it, because I had money put away. I don't drive an Escalade, but I do protect my family. It's kind of like having insurance. It makes good sense. I strongly recommend that you read The Millionaire Next Door or The Wealthy Barber. That's just a tip from an old dude who has seen some good and bad times. David,

I wasn’t advocating working harder to become wealthy. I’ve never been a big fan of the work and stress treadmill. Life is too precious for that.

I recommend saving some part of everything you earn. Just pay yourself first so you have something left over for your family from all of your effort.

Time becomes more precious than money and it’s a sucker’s game to trade one for the other. But, if you think it’s less stressful to just get by, I have to respectfully disagree. Trust me on this, what is less stresful is having some ready cash to fall back on in an emergency.

I just watched a really good friend of mine lose his house after an ATV accident. He was doing fine just getting by for 20 years, until the accident. If he had saved a couple months worth of cash, he and his family would have been fine. Instead, they lost everything.

I support a family of four on a single income. I have been laid off twice, once for almost six months. I never had to stress over it, because I had money put away. I don’t drive an Escalade, but I do protect my family. It’s kind of like having insurance. It makes good sense.

I strongly recommend that you read The Millionaire Next Door or The Wealthy Barber. That’s just a tip from an old dude who has seen some good and bad times.

]]> By: David http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32648 David Sun, 26 Apr 2009 00:18:18 +0000 http://www.mytwodollars.com/?p=2019#comment-32648 Bret - what you said could be true, if I was willing to work harder and more often. I don't want to, I want to enjoy the time I can have to myself and to my family. Money is not important enough to me to give up my time for, so I make enough to be comfortable - and that's all. It would actually increase stress if I were to have to work more, which is what I am trying to avoid. So many people spend their entire lives working just to make more money, and I decided a while ago that was not going to be me. Bret – what you said could be true, if I was willing to work harder and more often. I don’t want to, I want to enjoy the time I can have to myself and to my family. Money is not important enough to me to give up my time for, so I make enough to be comfortable – and that’s all. It would actually increase stress if I were to have to work more, which is what I am trying to avoid. So many people spend their entire lives working just to make more money, and I decided a while ago that was not going to be me.

]]> By: Bret http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32647 Bret Sat, 25 Apr 2009 20:29:21 +0000 http://www.mytwodollars.com/?p=2019#comment-32647 It sounds like you are already contented with your life, so there's no reason not to be wealthy as well. It's not like your life is goint to suddenly change for the worst because you have a little money. Most of the wealthy people in The Millionaire Next Door think and live just as you describe. But, they are also wealthy. The important reasons to have wealth are for security and freedom. Wouldn't it make you happy to have a cushion, reduce stress and maybe help others? It sounds like you are already contented with your life, so there’s no reason not to be wealthy as well.

It’s not like your life is goint to suddenly change for the worst because you have a little money.

Most of the wealthy people in The Millionaire Next Door think and live just as you describe. But, they are also wealthy.

The important reasons to have wealth are for security and freedom. Wouldn’t it make you happy to have a cushion, reduce stress and maybe help others?

]]> By: vilkri http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32637 vilkri Fri, 24 Apr 2009 02:01:09 +0000 http://www.mytwodollars.com/?p=2019#comment-32637 I really liked this post. You really don't need to be wealthy to have a good life. Being comfortable is good enough. I really liked this post. You really don’t need to be wealthy to have a good life. Being comfortable is good enough.

]]> By: Ron@TheWisdomJournal http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32627 Ron@TheWisdomJournal Wed, 22 Apr 2009 11:50:38 +0000 http://www.mytwodollars.com/?p=2019#comment-32627 I think there's a fine line between being contented yet driven and driven to be content. Contentment is a decision, not a destination you reach when you hit a certain level. Sounds like you're there! I think there’s a fine line between being contented yet driven and driven to be content. Contentment is a decision, not a destination you reach when you hit a certain level.

Sounds like you’re there!

]]> By: Jessie http://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/comment-page-1/#comment-32624 Jessie Wed, 22 Apr 2009 03:09:11 +0000 http://www.mytwodollars.com/?p=2019#comment-32624 You definately have the right idea about being happy without being wealthy. Too many people make purchases thinking it will bring them happiness. The problem with that is you constantly need buy new things to keep that happy feeling. A modest lifestyle would be much more satisfying than constantly striving to acquire more money and more possessions- not to mention more financially wise. You definately have the right idea about being happy without being wealthy. Too many people make purchases thinking it will bring them happiness. The problem with that is you constantly need buy new things to keep that happy feeling.

A modest lifestyle would be much more satisfying than constantly striving to acquire more money and more possessions- not to mention more financially wise.

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