Having a hard time getting over being not rich

#1

Post by beginagain » Fri, Nov 15, 2013, 9:44 AM UTC

My values don't even gravitate towards money. I realize how foolish it is to chase money. Yet I feel very sad when I think about Mark Cuban just hopping in his private jet, gambling 10 million dollars away in Vegas, and then heading to New York to spend 10k on a sushi dinner without thinking twice.

I know I will never have that.

I have saved over a million dollars and I make over 60k per year in passive income (actually made 160k so far this year), but I worked for 8 years for that money. And I went to school for 4 years in order to get that job.

At that rate, I will never know what it is to be rich. I am an INFP on the Meyers-Briggs personality test. I guess we aren't supposed to make the best entrepreneurs, but I can't imagine myself doing anything else than running my own enterprise. Maybe I just like the thought of it, but maybe I don't have what it takes to make it happen.

Everyone is out for themselves nowadays. I have reached out to so many people. So many.

I have had a year to think my way out of this, but I keep going in circles. I think I should just shut up and get a job and try to be normal. I mean, I don't think I have the intestinal fortitude to do that, but I guess maybe I should.

I really see myself crashing and burning, becoming homeless or committing suicide. This world seems like a lie, and I will never get what I want. That is only for people who aren't me.

I am pretty sure all this is true and I won't pull out of it. I wish so bad it wasn't true. I really want to live a happy life. I just don't think I will. I don't think I will ever be rich, and it really bothers me.

And I know that none of the comments are going to get me out of my situation, but I post this in hopes that I am wrong and cynical. But I have seen it too many times where nothing changes, things just stay the same.

Re: Having a hard time getting over being not rich

#2

Post by sekm » Fri, Nov 15, 2013, 9:49 AM UTC

Hmmm. Given your financial situation I don't think your problem really has anything to do with 'not being rich'. It just sounds like you're depressed about something.

Why not consider donating a portion to a charity? If anything it may absolve yourself of some responsibility regarding your cynical outlook? Be the change you seek :)

Re: Having a hard time getting over being not rich

#3

Post by ibstudios » Fri, Nov 15, 2013, 9:57 AM UTC

Man's grasp is always greater than his reach. Why don't you desire what you CAN grab? Doesn't that make more sense than desiring what another person can grab.

Another way of looking at it: You are alive. Being alive means you have the ability to change the world around you. Change the world around you.

Re: Having a hard time getting over being not rich

#4

Post by DanBC » Fri, Nov 15, 2013, 10:01 AM UTC

If you were rich enough to have a jet to fly to Vegas you might just shift perception, and be jealous of the people building space craft or deep sea vessels or hyperloops.

There's always going to be people richer than you.

To me, $1m is a fantastic amount of money. If you want to give 0.1% of it away send me an email - it would be very very useful to me and my son.

There are almost certainly local groups who need volunteers. Have you considered helping them? Not financially, but rolling your sleeves up and getting involved. This would give you rewards that are not based in money, and help you shift your perceptions of wealth.

> I really see myself crashing and burning, becoming homeless or committing suicide.

This is very troubling. Please see a doctor. Please consider seeing a therapist. Thoughts of suicide are worrying signs of depression, which can be a fatal illness. Modern treatments are getting better, especially if you have the money to access medication and therapy. And early intervention helps.

I'm sorry you're having a lousy time. I hope things improve for you!

Re: Having a hard time getting over being not rich

#5

Post by horofx » Fri, Nov 15, 2013, 10:01 AM UTC

Actually you have a pretty good amount of money for your age, if you keep going like this I'm sure you will get what you want in maybe 20 years.

But seriously. Money is shit. What EVERYONE is striving for is experience. You want to feel the experience of boarding that private jet, gamble 10mi or something.

The experience you are wanting to have is very empty and there's way better stuff to do out there. Learn to draw, paint, do something you are proud of. Be the CEO of a big company. Help homeless people. The experience is what matters, go after it.

Re: Having a hard time getting over being not rich

#6

Post by beginagain » Fri, Nov 15, 2013, 10:32 AM UTC

sekm wrote: post #2

Hmmm. Given your financial situation I don't think your problem really has anything to do with 'not being rich'. It just sounds like you're depressed about something. Why not consider donating a portion to a charity? If anything it may absolve yourself of some responsibility regarding your cynical outlook? Be the change you seek :)

It really has everything to do with not being rich. A million dollars is not rich. 100 million is.

When you have a million, you make passive income of 60-70k per year. When you have 100 million, you make passive income of 7 million per year (but probably much more), which gives you almost 600k per month. You can do anything and you really don't care about saving money at this point, so you can spend all of it. As opposed to 5k per month, and you are living off 3k per month, trying desperately to save money to re-invest every year.

Donating my money would just make me panic more. The problem is that I have nothing except money. I need to start on something, but I don't know what.

Re: Having a hard time getting over being not rich

#7

Post by duiker101 » Fri, Nov 15, 2013, 10:43 AM UTC

>I have saved over a million dollars and I make over 60k per year in passive income (actually made 160k so far this year)

In my eyes you are rich.

It's perspective.

Re: Having a hard time getting over being not rich

#8

Post by davman » Fri, Nov 15, 2013, 10:44 AM UTC

Heh, I long for the day I have 60k in regular income, let alone passive. $1m in savings is the sort of thing I dream about.

If this is your situation and you are still not happy, I would suggest speaking to a professional about what else in your life might be lacking.

Re: Having a hard time getting over being not rich

#9

Post by cncool » Fri, Nov 15, 2013, 10:53 AM UTC

beginagain wrote: post #6

sekm wrote: post #2

Hmmm. Given your financial situation I don't think your problem really has anything to do with 'not being rich'. It just sounds like you're depressed about something. Why not consider donating a portion to a charity? If anything it may absolve yourself of some responsibility regarding your cynical outlook? Be the change you seek :)

It really has everything to do with not being rich. A million dollars is not rich. 100 million is. When you have a million, you make passive income of 60-70k per year. When you have 100 million, you make passive income of 7 million per year (but probably much more), which gives you almost 600k per month. You can do anything and you really don't care about saving money at this point, so you can spend all of it. As opp…

Invest some of that million in bitcoin and you will have a non-trivial chance of being rich in 5-10 years.

Re: Having a hard time getting over being not rich

#10

Post by corobo » Fri, Nov 15, 2013, 10:55 AM UTC

beginagain wrote: post #6

sekm wrote: post #2

Hmmm. Given your financial situation I don't think your problem really has anything to do with 'not being rich'. It just sounds like you're depressed about something. Why not consider donating a portion to a charity? If anything it may absolve yourself of some responsibility regarding your cynical outlook? Be the change you seek :)

It really has everything to do with not being rich. A million dollars is not rich. 100 million is. When you have a million, you make passive income of 60-70k per year. When you have 100 million, you make passive income of 7 million per year (but probably much more), which gives you almost 600k per month. You can do anything and you really don't care about saving money at this point, so you can spend all of it. As opp…

Coming from someone living paycheck to paycheck - a million dollars is extremely rich. You could do with counselling to find the root cause of your current depression. Don't make any big decisions until you're in therapy, you'll probably end up regretting them.

A million dollars in savings isn't rich, good lord.. that's rich!