Comments on: Study of the Wealthy Confirms Classic Joke

By: jim

jim — Wed, 24 Dec 2008 14:36:33 +0000

I don’t think anyone would say that a homemakers, whether it’s a stay at home mom or dad, are lazy… I know I certainly would never say that. Raising your kids has to be one of the most challenging and rewarding “jobs” anyone can have.

By: Bolton(UK)

Bolton(UK) — Wed, 24 Dec 2008 14:22:57 +0000

with regards to those who say work leads to money, and laziness (and id like to point out that if you arent employed, this does NOT make you lazy) leads to no money, what about homemakers, etc? for example I work a low paid part time job – I am far from lazy, I am a full time carer for my wife, and primary care giver to three young daughters – that is harder work than the days when i used to work 100-120 hour weeks. And as for riches… well ask yourself who in the story is truly better off? I work damn hard 24-7 with my family as well as 20 hours a week in employment, and firstly we are financially stable, and secondly, I get to spend more time with my family and watching my daughters grow up. nd to add to this I am only 21 years old. And hats off to the stay at home mum n dads that really do the hard work!!

By: Meg

Meg — Fri, 04 Jul 2008 03:48:44 +0000

I too think that they chose the data set that makes the point they want to make. It seems really arbitrary to me to compare those earning less than $20K to those earning more than $100K.

Also, you really have to be careful differentiating between “leisure activities” and “obligatory activities” like work. Lots of people truly enjoy their work and get fulfillment from it. And some “leisure” activities such as watching TV, getting drunk, or sleeping away the day might not really be worth bragging that you spend a third of your waking hours getting to do them.

Besides, am I really supposed to think it might be preferable to have loads of free time and live on a poverty level wage than to make a 6 figure income and still get to spend 20% of my time doing whatever I want? There’s nothing wrong with not having a big income, but making less than $20K in most places in America is extreme.

By: budgets are sexy

budgets are sexy — Thu, 03 Jul 2008 17:09:09 +0000

Oooooh, i like that one! never heard it before, but it’s definitely something to ponder. I sorta feel that way coming to work to be honest – pretty laxed environment to do things such as leaving this little comment

By: Anand Dhillon

Anand Dhillon — Thu, 03 Jul 2008 15:57:02 +0000

Great article. I think the key is to find something you enjoy doing and make money doing that. That way your work time is your leisure time.

By: Moneymonk

Moneymonk — Mon, 30 Jun 2008 17:04:14 +0000

We all have enough to sustain our needs, it’s our wants that makes us work like a slave

By: Dividend Growth Investor

Dividend Growth Investor — Thu, 26 Jun 2008 16:04:10 +0000

I agree with FCN that working harder might not lead to larger paychecks. It’s “working” smart that really makes you better off.

By: fivecentnickel.com

fivecentnickel.com — Thu, 26 Jun 2008 14:17:44 +0000

Kristin: It’s worth pointing out that hard work doesn’t always lead to wealth, and sometimes lazy people get rich. I work hard at what I do, and we’re doing quite well financially. However, I know many people who work far harder than I do and aren’t doing as well. I think it’s more a matter of working smart than working hard.

By: Kristin

Kristin — Thu, 26 Jun 2008 13:39:02 +0000

This is another classic “make the data fit the desired outcome”.

Evidently it is necessary to state the obvious: Hard work leads to wealth while leisure/laziness leads to earning less.

If you are truly successful in life and have found your niche then your work will be enjoyable.

By: fivecentnickel.com

fivecentnickel.com — Thu, 26 Jun 2008 04:01:54 +0000

Great. Now I want to be a Mexican fisherman.

By: fred@opc

fred@opc — Thu, 26 Jun 2008 03:23:47 +0000

I love this article. It is absolutely true. I, for one, am the ‘harvard mba’ in this story… and I often wish I weren’t.