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Is getting rich worth it?

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81–90 of 145 posts

Re: Is getting rich worth it?

#81

Honestly, I want to get rich. To have a stable life. To prove my self worth.

Your second reason is an interesting one. Winning the lottery may be nice, but I don't think it would impact my level of happiness in a big way. The confidence I'd get from selling my company for millions of dollars, that's another thing entirely. That's something I strive for.

Re: Is getting rich worth it?

#82
post #77

Nice post but the guy completely forgot to say that over a certain level of richness you start to stop worryng about work . That for most people here means probably to work even more, but just coding what they believe is significant, when you feel with the right energy, and not what the current company / job believes it is. I believe there is a significant amount of people that every day wake up and go make something…

"...especially with a loan that I used to purchase a new house, children, and so forth"

You used a loan to purchase children?! That is horrible!

Re: Is getting rich worth it?

#83
post #8

I want to get rich. But I don't want to do it because I want stuff. I don't want a Audi, or a Maserati, or a fancy home, or the newest gadget. I have a objective, a plan, for me, and for future generations, and I know how much it will cost, and doing it will require me to be rich. And I know how much problems it will attract, how much relationships it will wreck, and how much danger it will bring to my life. But I do…

The OP seems to think most people want to get rich because they think it will make them happy, and he may be right. But in my life, most of the decisions I've made with my happiness in mind have had the side effect of reducing my income -- going to music school, leaving my day job, choosing to spend time with my girlfriend instead of getting in 8 billable hours every day.

That being said, I've recently made the decision to become, if not rich, at least well off enough that I have money to spare. My parents are aging and deeply in debt, my younger sister is sick (as she has been her whole life) and will never be able to support herself or hold down a job to give her health insurance. And I'd like to have kids and give them as many opportunities as I had.

It's not about happiness for me, per se. I've been given certain gifts, and I think I can use them to provide for my people. I think that's my responsibility.

Re: Is getting rich worth it?

#84
post #8

I want to get rich. But I don't want to do it because I want stuff. I don't want a Audi, or a Maserati, or a fancy home, or the newest gadget. I have a objective, a plan, for me, and for future generations, and I know how much it will cost, and doing it will require me to be rich. And I know how much problems it will attract, how much relationships it will wreck, and how much danger it will bring to my life. But I do…

What's wrong with hedonism? Or am I misreading what you're saying.

Re: Is getting rich worth it?

#85
The mere suggestion that all of us middle-class schmucks are out here dreaming of an Audi or some other bling shows how out of touch he/she is with middle class America. Maybe that's the way it was in the 1980s, but now most of us in the middle class are just desperately trying to pay rising insurance bills, electricity bills, childcare, groceries, and clawing with all our might to not fall out of the middle class. I can honestly say I haven't thought about wanting money for something that wasn't an absolute necessity for a decent middle class life since my early 20s (I'm in my late 30s now). Many of us don't even dream about getting rich -- we just dream of having enough income to pay the bills. Based on my experiences, and that of my peers, middle class life around the country is changing drastically. I've watched a number of families formerly in the upper middle class fall into the mundane middle class, and middle class folks fall into the lower classes. I wonder if the boom in SV has isolated many of you from this. If that's the case, I'm sincerely glad you don't have to deal with it -- it's depressing to do well in school and work hard, only to see the dreams of a stable, secure middle-class life float away. For most of us, it's just paycheck to paycheck now.

Re: Is getting rich worth it?

#86
post #77

Nice post but the guy completely forgot to say that over a certain level of richness you start to stop worryng about work . That for most people here means probably to work even more, but just coding what they believe is significant, when you feel with the right energy, and not what the current company / job believes it is. I believe there is a significant amount of people that every day wake up and go make something…

He did say it: you don't have to worry about money as much anymore, so you can quit your job at anytime because you don't need the money.

Re: Is getting rich worth it?

#87
post #66

> First, one of the only real things being rich gives you is that you don't have to worry about money as much anymore. I disagree with this. One thing being rich gives you is the ability to make things happen. Being a benefactor of a cause or artistic organization or an investor in a startup means that you can help set into motion meaningful projects that you believe in that would not otherwise have been possible. I'…

Capitalism is a system of alienation. For us hackers this is clear as day as the many proprietary software programs out there directly alienate people from the process of software production. Perhaps the best thing about being a capitalist is that you are no longer alienated from production like everyone else so you can make things happen.

That's what's so twisted about the American Dream™, is that it's the desire for a certain type of individual freedom, but a freedom that is always based on the subjugation of others. It's not a universal freedom, which to me is the only kind.

Re: Is getting rich worth it?

#88
post #8

I want to get rich. But I don't want to do it because I want stuff. I don't want a Audi, or a Maserati, or a fancy home, or the newest gadget. I have a objective, a plan, for me, and for future generations, and I know how much it will cost, and doing it will require me to be rich. And I know how much problems it will attract, how much relationships it will wreck, and how much danger it will bring to my life. But I do…

It's very possible that you are right. Some things are too far out for the mainstream economy to support. However, if you see a real need, then there should be a way to finance a solution.

What can you do for your dream before making your first kajillion? You can develop the proper skills, research the problem, form a plan. You can find people who agree with you, raise funds. Start small and switch to it full time when you can.

Waiting to hit a golden figure will really delay the start of your project. Worse, you may find yourself always needing "just a little bit more" before you can cut over and start. If you truely must wait to self-fund this way, keep that target figure in your mind always, and have the guts to jump when you're ready.

Good luck!

Re: Is getting rich worth it?

#89
post #15

I want to get rich, not for the sake of it, the "power" or statue. I want to get rich so I can fulfill some of my dreams - I want to live near my birthplace where the job opportunities aren't so good, I want to own a snooker table and a nice house and most of all I don't want the pressure to always have to provide for my eventual family. I want to get rich so I can get away with working with fun, but high risk, proje…

You should read "So Good They Can't Ignore You."

It lays out a clever mental model for turning interests into skills into control over your career.

http://www.amazon.com/Good-They-Cant-Ignore-You/dp/145550912...

Re: Is getting rich worth it?

#90
post #77

Nice post but the guy completely forgot to say that over a certain level of richness you start to stop worryng about work . That for most people here means probably to work even more, but just coding what they believe is significant, when you feel with the right energy, and not what the current company / job believes it is. I believe there is a significant amount of people that every day wake up and go make something…

I go to work every week day to do stupid stuff people want me to do it stupid ways to pay for a stupid house and stupid food in order to make sure I survive. For the area I live, I get paid reasonably well I'd say and I do it they way because they pay more than the other guy.

Money offers choices. It allows people to live and work where they want and makes it a helluva lot easier to stand up for yourself or leave your job to find your passion. I currently have none of these allowances.

Even without any it's plain to see how money can make it easier to be happy in life, but at the end of the day happiness is up to yourself. I'm reasonably happy without any money, but I know if I had some, I could probably make myself happier. :p

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