You don't need millions of dollars to have a fulfilled Life...

Indeed the life of a person doesn't consist in the abundance of things he or she may possess but in finding out what is the purpose for your life.

Wealth helps you lead a comfortable, secure life and never having to worry about finances is a blessing. However, it does not always make you happy nor fulfilled. Friends and family and things you do to feel that way are what generally does.

As I get older, I want less. I lose interest in the things that wealth can bring. It becomes less important. I have a modest nest egg, but I lead a relatively frugal life, occasionally treating myself. Your mother has a lot of energy for a woman her age, good for her.

Having had some experience on this, I would say that good health trumps wealth any day.

One question to ask..if you had become wealthy at a young age via inheritance or winning something etc, meaning instant wealth , Would you still work? Many people who win the lottery just have two weeks off and go back to work.

It really depends on what you consider wealth.the lifestyle your mother and father practiced got them both to advanced ages and built their financial wealth.

The majority of people people with millionaire status had their lives and comfort level where they wanted it at least a decade before they passed the first million mark.

Does your buy quality stuff that lasts very long time even if it seems expensive at the time of purchase. The stuff that is valuable but thieves wouldn't think is worth stealing.

Does she have a garden with great soil that produces enough great produce she can give food away.

Where you eat out a lot have you ever looked at a meal your mother made and the amount of food a in your head calculated how much feeding everyone at that table would cost if you ate at a restaurant.

Your mother is 89 and very healthy. That is wealth money can't buy yet.

My answer is a straight out NO.

With wealth l could set my Mother up, (live in a rural area with land around her and a giant glass house, etc) and make sure to hire out staff so she could lead a freer lifestyle.

I could also set my Brother up when l hear from him again, so instead of being in the rent trap he could buy a house outright and make the rest of his equity grow, (least l hope so).

Also let me travel, when sanity prevails.

But more importantly it would fuel some ideas l have, (subcontracting saves a lot of time).



I am currently watching Trading Places again and am not really interested in that kind of wealth, (wood paneling and butlers around every corner) but am really interested in how wealth can be leveraged.

I suspect that this thread was clickbait so l would open up about things but l won't this is an Internet Marketing forum not an investment one.

Ask me this question in 6 weeks time!

Thats right
I know multi milionaire people who are very sad persons and people who earn a minimum wage and they are way way more happy than the rich ones with milions in the bank account

Happiness and healthiness is first and money secondary .

Mind You I value money .

I agree with your mother. I was recently reflecting on this. The happiest times are spent just talking and being with my wife, kids, family. Watching FSU football. Going to church. Doing my volunteer work, Helping others. Reading.

I think money could up the level of happiness a bit in some cases. For example, spending time with your wife on a cruise instead of just walking on the beach might give a bump. Having a screened in room to sit and talk vs. just the back porch. Living on one story instead of two (getting old and health issues makes stairs an enemy sometimes.) But any bump is just that, a bump. The core of what makes my life fulfilling doesn't require any or much money.

Mark

PS I deleted the joking part about how I could "volunteer" to lighten her burden of all that $. Because a proposal like that would just be wrong. Don't beat me up Robert! LOL

As I talk about my personal experience, I still struggle to fulfill our needs. This time doing the job but it only manage our family members' needs. when I come to from our situation I try for others to help with money. But thanks to god that i always ready for other with a hand to help in any situation. Not help from money with other ways always ready to help.

We all have our own comfort levels with money.

To some, $50,000 a year is a lot of money. To others, it's nothing.

Some people are comfortable being dirt poor. In fact, it becomes their identity. They would be uncomfortable if suddenly they had a pile of money.

Others are very comfortable earning enough money to pay their bills, with a little left over for the weekends. It's who they are. It's their identity.

And others are uncomfortable unless they are over achieving (whatever that is).

Numerous studies of lottery winners showed that almost without fail, they squandered the winnings, and were eventually in worse shape that before. Having any wealth was so outside their comfort zone, that they spent it on nonsensical luxuries....until it was gone.


Cheryl and I enjoy a great retirement. No debt and plenty of assets.

And yet, she still shops when the sales are out. She still uses coupons. She still looks at something at the grocery store and laments about the fact that it's a dollar more than it was last month. Why? Habit. Comfort level.

Yesterday, she was sending a card to a distant relative that was getting married. She asked me "How much can we afford to send them with this card?"

I said "We can afford to send them $500,000. But I'm hoping you send them a lot less".

After she mailed the card, she told me she sent $40. It was her comfort level.

For many years, when I was selling in people's homes....I had a comfort level of about $1,000 a week (this was decades ago). Had I earned that much on Monday, I would tend to sluff off the rest of the week. If I hadn't made any sales until Thursday, I panicked until I made what made me comfortable.


We all have comfort levels in every area of our lives. What we eat, what we say, how we live, how often we shower, how we spend money...are all heavily dependent of our comfort levels...our self image.

Only Discrat has the answer for that, but l suspect subconsciously he was baiting.

You sound like you are hurting Claude l accept PayPal.

Claude

People in poverty thinking waste a large amount of time to save small amounts of money then waste what little money they save on silly stuff.

The complaining that annoys me is how other people spend their own money. But that has probably replaced baseball as a national past time.

There is a big difference between frugal and cheap.

Frugal people can have pretty enjoyable lives without the flashy spending. While poor/ cheap people it's kinda miserable to be around them to much. While broke people are a trip.

Good health and happiness are forms of wealth too, so to some degree the definition of wealth is subjective .

Mind you money is a tool that I value but it's not more important than having a peace of mind .

One the interesting things I find that gets left out of the financial success discussion. How much do you need to be free of money worries. Then how much does the stuff that brings joy to your Day to Day life on a constant basis cost.

From my personal experience which limited after a person get an amount of to satisfy their comfort level. The way to use wealth from then on to maintain joy . usually involves in using it to help others when who and how they choose.

Two days and no new posts, l knew this day was coming, (even my forum had a few new posts even a new member).

Can't blame this on July 4th that is a week away.

Maybe blame this on the debate that we cannot comment on here, which was finally a wake up call to all of the ostriches with their heads in the sand?

I know what we can blame it on but we can't discuss that either, groan.

I can only hope that Freenlancer gets bored and sells this forum onto a more going concern, or it at least survives.

Agreed is there a Doctor in the house.

totally agree but there's a lot of 'BUTs' here. In any case, you have to work on yourself, resolve trauma and improve your relationships to get a possibility to be happy. That means health, connections and spiritual fulfilment is a must and requires effort that money cant buy.

That being said, money creates security if any of these aspects of your life gets compromised - eg you or your loved one needs an expensive medical treatment, I can guarantee that you will be very unhappy if you need a big amount of money to survive.

Also, let's say you spend most of your time working, cant afford to have a nanny and have lots of children. Your wife may be exhausted and lonely, leading your relationship to stress. The result is sad and can be easily resolved with money.

So yeah, money Is not a panacea, but gives you way more solutions when navigating through life.