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Ask HN: How to stop my greed for money?

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31–40 of 80 posts

Re: Ask HN: How to stop my greed for money?

#31
Well let me ask you this. Is your "greed" for money based on an actual need (even if it is say paying off a fairly decent McMansion) or is it that you want money for the sake of it? I dont think having genuine needs like paying off loans (which yo u dont) or kids' college or living comfortably constitutes greed. Id say if you are anticipating retirement that is being cautious than greedy? No?

Re: Ask HN: How to stop my greed for money?

#32
I'm still young but I made a change last year that I should have done so much sooner and I will never forget the impact it had on me. I might not be able to offer the life experiences of any of the parents or grandparents here, but still.

So I started college 4 years ago when I was 18 and at the same time I started my own startup. This was fine, but I focused more on my startup than on my social life. I grew tired of it and I stopped with both of my startups last year because I was just plain sick of it. I didn't enjoy being woken up at 5AM by a client that I want to strangle in the first place because he woke me up so early and that I have to be very nice to. That being the superficial reason why I quit. But I never really made any time to go out, meet new people, stay in contact with friends, etc.

Once I quit, I joined student clubs (not really like frats and the American stuff, but imagine those kinds of casual friends), invited people over, went out with people, organised parties at my place... I've honestly never been happier in my entire life. I went from solely focusing on my future career to putting my social life before that. This past week has also just been plain amazing and I wouldn't have experienced this week and the many good ones before it if I didn't prioritised what made me happy.

Prioritise what makes you happy, put old ideas out of your head (e.g. being afraid of what people think of you), and just don't overthink anything (still something I need to teach myself).

Re: Ask HN: How to stop my greed for money?

#35
First let me congratulate you for being so honest with yourself (and us).

This sounds very much like an addiction (coming). In such cases (obsessive behavior), there is usually no way other, than seeking for a psycho therapist, because the obsessive behavior, usually, develops in order to cover something else. A therapist has much experience with such topics and knows how to lead you to that point and through it. And then it's all work. Difficult, but very rewarding, since you realize, how much you respect and appreciate yourself for dealing with these things.

Re: Ask HN: How to stop my greed for money?

#36
It is making me very unhappy and I realise that it's all because of this stupid obsession

Whether it's money or flowers or anything, a passion will do that to you. Programming does that to programmers. What I'm saying is that you might just be passionate about money and frankly, I don't think there is anything wrong with that despite what the average person think. Are you good at your passion? Just become better and you'll be more happy. Don't press the break pedal, press the gas one.

Re: Ask HN: How to stop my greed for money?

#37
Time is incredibly short. Money is only interesting as far as it lets you spend time on things that matter to you. Therefore time spent unhappily obsessing over money is a double tragedy.

We live in an era where almost everyone in the West has access to physical and social luxuries that go far beyond the lifestyle enjoyed by kings of the past. Louis XV of France spent his evenings in drafty old Versailles playing craps with the same old boring courtiers; we've got central heating, Netflix, boundless internet communities and $5 clothing delivered to your doorstep if you want. You don't need anything more than what you already have, and you're not going to be poor by any definition within your lifetime. Probably the best way to make that concrete is to start giving money away: charity is the easiest way to feel like a king.

Re: Ask HN: How to stop my greed for money?

#38
What do you want the money for? I "like the money" - but can break it down into a load of "reasons" 1) I'd like to retire and enjoy life. I'll happily obsess over pension pot sizes, incomes, retirement dates and all the rest. 2) Paying off the mortgage. If I stop earning, I'll be homeless. Once I've paid that f'er off, I can choose to do things I want to do, rather than have to. 3) "Cock-waving" - If I earn more than somebody, I'm "better" than them. Or conversely, if I feel I'm better but earn less - rage.

What makes me feel better is actually thinking about my goal. Day to day I'll get obsessed with the minutiae, but stepping back I realize I'm pretty easy going. I want to pay off my existing house, have the ability to cover by relatively simple costs until I pop my clogs, and have freedom.

You mention "your goal" - what is it, and why have you chosen it?

Re: Ask HN: How to stop my greed for money?

#39
post #5

Go to a therapist. A money hoarder is the worst kind of hoarder, since it's basically encouraged by society, but it's really damaging to both the hoarder and the people around them. Destroys famillies, etc, etc. Your money thing is probably, like ordinary hoarding, a sublimated form of anxiety.

I disagree - sortof. "money-hoarding" is very useful - money lets you do all manner of fun things. If you're not sure what you want - hoarding money is a pretty good thing to do in the meantime. If nothing else you'll be able to spend it on therapy :) But, should ultimately be a means to an end. You are going to die, you can't take it with you - decide what you want from your finite life, and tie the money to what you can do with it.

Re: Ask HN: How to stop my greed for money?

#40
Many people in this thread have good advice, I don't, because I came into my opposing situation through a series of unfortunate career events. In terms of advice, @Improvotter has my favorite bit. Here's my meandering and sort of brief story.

The situation I've found myself in exactly the opposite of yours, in the sense that money, wealth, and the things that come with it, haven't been motivating aspects of work for years, almost to a problematic extent. I still negotiate numbers for new prospective jobs, but only on principle. I won't let a regular company or startup underpay me.

I'm 26 now, but between 19-22 I was exclusively focused on career progression and money. I'd put work before my relationships—romantic and social—and everything I did was framed by how much I was spending or making. The short version of what happened since then, is that I was laid off, then fired, fired, and fired again. After the final time, which was a corporate job I wasn't culturally suited for but offered me the most I've ever made as a developer (~$75000) I was in a position where I now had an apartment and bills to pay for. I was also burnt out and uninspired. Up until that point I had a network that helped me find other positions, but not this time. I had to go through the hellish interviewing process. After many unsuccessful attempts and well over a year of being unemployed, I stopped trying. This was because I realized that I had to make some changes and that I was abusing my time and sanity for companies I didn't care about, but that paid well. I was also in no position to be picky about anything, being out of money and with no prospects. So I focused on my social life, started traveling, living in my car, attending conferences to see what I'd find stronger interests in, etc. Now I only get this weird feeling when I think about money. I look at the amounts new grads can pull in at notable companies and I think something's broken. Why can't I care about this enough to compete for it? These people—and maybe you're one of them—are making literally more money than I will ever make, but it doesn't drive me at all. To get to those positions, I'd have to find a progression of deep interests that I can navigate instead.

Anyway, I'm now being paid roughly $30/hour CAD to work on an open data portal based on python for a uni. I'm doing it remotely, so I can travel around the U.S and explore while doing the work. It's interesting and pays me barely enough to get by, but I don't resent what I spend my time on. I'm somewhat actively interviewing with select companies as well. Expectations are low but it's good to stay sharp. It would be nice to have savings, and hopefully one day I'll find myself in a better position in that regard. But right now I've managed to drag myself out of the other end of the unhappy hole.

Incidentally it also forced me to take up some miscellaneous low end jobs like Starbucks barista and manual labor which was a nice change.

Maybe quitting and exploring other avenues of life while not thinking mainly about work or money is what could spark a change for you.

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