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. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Cat DeBonvillehttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#comment-36592 Cat DeBonville Sun, 20 Jun 2010 23:34:31 +0000 http://www.mytwodollars.com/?p=2019#comment-36592 I agree with you, wealth is like propaganda, don't buy into it. My family was wealthy, however we were so unhappy in a very disfunctional family, where money could not buy love...so I learned at a very young age, that money can buy you what you want, but is that what we really need? I agree with you, wealth is like propaganda, don’t buy into it. My family was wealthy, however we were so unhappy in a very disfunctional family, where money could not buy love…so I learned at a very young age, that money can buy you what you want, but is that what we really need?

]]> By: ghttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#comment-36307 g Wed, 14 Apr 2010 21:34:15 +0000 http://www.mytwodollars.com/?p=2019#comment-36307 Dave: Had many similar life experiences but also was taught to get ahead. Squandered a lot of dough living for today to compensate for lots of rough times and rejected that protestant work ethic. Picked myself up again, and believe me discipline don't come easy, but yes I want/need to "get ahead" because time is passing and as another poster put it things can get rough really fast. I've gone from 0 net worth to more than $250K in ten years on a middle class existence,and it should be a lot more. You have to decide: it's OK to be poor when your young but it ain't so much fun when your staring down retirement early or late right up ahead. Yes, get wealthy and get wealthy fast! Dave:

Had many similar life experiences but also was taught to get ahead. Squandered a lot of dough living for today to compensate for lots of rough times and rejected that protestant work ethic. Picked myself up again, and believe me discipline don’t come easy, but yes I want/need to “get ahead” because time is passing and as another poster put it things can get rough really fast. I’ve gone from 0 net worth to more than $250K in ten years on a middle class existence,and it should be a lot more. You have to decide: it’s OK to be poor when your young but it ain’t so much fun when your staring down retirement early or late right up ahead. Yes, get wealthy and get wealthy fast!

]]> By: Erin aka Conscious Shopperhttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: Anthonyhttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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 Girlhttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: Davidhttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: Brethttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: Davidhttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: Brethttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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: vilkrihttp://www.mytwodollars.com/2009/04/21/i-have-no-need-or-desire-to-be-wealthy/#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.

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