- Bargaineering - http://www.bargaineering.com/articles -

Your Take: Is Being Rich Really The Point?

Posted By Jim On 04/11/2008 @ 7:07 am In Your Take | 20 Comments

Mrs. Micah [3], a great personal finance blog with a wonderfully personal touch to it and one of the blogs in my “Must Read” list, recently referred to a conversation on The Simple Dollar [4] about the middle class. In her response, titled What’s Wrong With Being in the Middle Class? [5], she says:

Ideally, yes, I’d like to never have to work another day in my life. It’d be nice not to have to worry about money (though I’d still be careful how I spent it). But I know that I would still work because there are certain types of work I find challenging and meaningful.

I think many people aspire to be independently wealthy, able to do whatever they want, but fail to recognize that having a job and financial responsibilities puts structure in their lives. They fail to realize that, in the absence of that structure, very few of us become Tim Ferriss’s [6] and more of us would share the fate of this unfortunate lottery winner [7].

Having to wake up to go to work, having 8+ hours of your day occupied, and having little time to get yourself into trouble is a comforting thing. You may not like it, but the reality is that you probably would be hard pressed to fill up a day if you didn’t have a job or a business to run. There’s a reason why so many movie stars turn to drugs… they have a lot of hours to fill and not a lot to fill it with.

It’s nice to do “whatever you want,” until you realize you have no idea what you’re going to do!

What’s your take on this? Am I off my rocker? Is money the ultimate goal? Or is it merely the oil that lubricates life?

Article printed from Bargaineering: http://www.bargaineering.com/articles

URL to article: http://www.bargaineering.com/articles/your-take-is-being-rich-really-the-point.html

URLs in this post:

[1] Tweet: http://twitter.com/share

[2] Email: mailto:?subject=http://www.bargaineering.com/articles/your-take-is-being-rich-really-the-point.html

[3] Mrs. Micah: http://www.financefreelancelife.com

[4] conversation on The Simple Dollar: http://www.thesimpledollar.com/2008/03/26/does-most-financial-information-keep-the-middle-class-in-their-place/

[5] What’s Wrong With Being in the Middle Class?: http://www.financefreelancelife.com/2008/04/06/what-is-wrong-with-being-middle-class/

[6] Tim Ferriss’s: http://www.fourhourworkweek.com/blog/

[7] unfortunate lottery winner: http://www.boston.com/news/nation/articles/2004/12/14/for_lottery_winner_113m_hasnt_bought_happiness/

Thank you for reading!