Isn't it lovely to look and feel wealthy all of the time? It doesn't matter how much money you have in the bank; no one is going to check it merely to see whether you're really wealthy. People nowadays appear to make such a big deal out of it that they frequently post images on their social media profiles indicating that they have gone shopping or vacationing, and even food is becoming a top trend. Some people simply enjoy it when others enviously admire them, when others look up to them, making them feel superior and famous. Being wealthy is something that many people aspire to, therefore dressing the part would make them feel good since other people would admire them and want to be like them.
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“Neither a rich man or a poor man gets to enjoy his money. One is too busy trying to hold on to it, and the other is too busy trying to get it.” Linda Poindexter
If you ask people on the street if they want to be wealthy, they will almost always respond yes. Who doesn't want to be wealthy? Is it the best thing on the planet, or is it? It seems like life would be wonderful when you're wealthy, right? You'll be able to do whatever you want, purchase whatever your heart desires, and travel to locations you've always wanted to see. This is why everyone aspires to be wealthy. Is that, however, all there is to it? Money can buy all the material goods in the world, but what about your family, friends, and other people? If you assume that being wealthy is synonymous with being perfect, stay reading because there are some drawbacks to being wealthy.
Don't get me wrong: having that kind of problem would be great. I suggest take the money if you did a sanity check on 'the benefits and drawbacks of being affluent' before accepting a briefcase of cash.
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You'll know how nice it is to have money unless you're really spiritual, contrarian, or visiting our planet prior of the full-scale invasion from Mars.
Being rich gets you the following and not limited to:
Financial independence
Vacations can be taken anywhere.
A wonderful house
Funding for your hobbies and interests
Suits of high quality
Excellent medical care
A swimming pool brimming with bikini-clad women
Teeth made of gold
I meant it when I titled this piece I want to be rich but because having a lot of money has problems, especially if you become wealthy overnight.
I've met a lot of wealthy individuals over the years, mostly through work, and I've also read a lot about it, so I feel comfortable expressing these drawbacks.
You can't buy happiness with money.
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More money won't make you happier after a surprisingly low moment. Rich individuals, like middle-class people, suffer from depression. True, there is no evidence that money makes you happy (although one wealthy man is giving it all away), but it may serve as a distraction from dealing with your underlying issues.
Your dreams and goals have come to an end.
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This can be seen in children born into wealth, as well as adults who created a business for decades and then sold too late to start another. What do you do now that you've got the cash? The trick appears to be to develop a new aim to replace your old one of financial security. That is why it is impossible to walk far in Africa without running into a philanthropist.
Being wrongly judged
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People, particularly in the United Kingdom, are harsh critics of the wealthy. Entrepreneurs are celebrated in the United States, but newly wealthy Brits will find that many people are rooting for them to fail. I've seen it at work: a self-made guy or woman walks out of the room, and someone says things like "well, he was lucky," "he's out of ideas," or even "what an asshole." It's not pleasant, but it happens.
Someone has more money than you.
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Rich folks are also people. Your yacht isn't as huge as the one next door, or you had to buy your furniture instead of having it passed down from generation to generation like your neighbors. Nobody is the world's wealthiest person in every way — how many billions would Buffett give to be youthful once more?
Sorrow..
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Money can't buy you your friends' and family's love. "Don't feel bad about your wealth," they advise. Do you believe them, though? One has a damaged boiler, another has a special needs child, and yet others have family who cannot afford nursing care. Do you assist all of them? Can you do it? Where do you draw the line in the sand?
It's a big deal to be wealthy.
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You'll need workers if you buy a country house. You'll need accountants if you invest your millions. They relocate your money offshore, and you have no idea what taxes you owe. You don't have time to learn since three different architects are coming by to give you estimates for your summer home. Do you believe you'd be unique? I feel the same way. They did, didn't they?
Scams and con artists.
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One of the reasons you'll need all those pros is that you'll need assistance fending off the thieves who will be drawn to your wealth. When you owed the bank money, no one wanted to pretend to be you, but now that you had millions stashed away, it's a different story. Let's hope your financial planners aren't con artists as well.
I can list more drawbacks of being rich and to be honest the disadvantages of it outnumbers the advantages. But still, it’s a case to case basis and what I shared is my personal opinion.
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