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Can anyone explain to me why it's SO important to make a lot of money?
My parents are pretty successful hardworking individuals who now live very comfortably. For me, I personally don't have a problem with earning a middle-class wage and living a middle-class lifestyle - I honestly believe that after earning enough to meet my basic needs, I would like to spend my free time going fishing, mountain-climbing, swimming, hunting, or just relaxing somewhere instead of fighting to get a higher paycheck.
But whenever I mention this to my parents, they go nuts - looking at me like I'm insane not to want to strive for more. I've seen my dad work 18 hour days and it ain't pretty. Sure, he made boatloads more money from doing so, but there's a LOT of things he sacrificed in order to do it.
But I'm a pretty naive and idealistic kid. I'll admit it. Having been coddled all my life, I honestly don't know what the real world is like. And when it comes to important decisions, I'd say my parents are probably right 99% of the time. Which is why I'm wondering if the importance of money is just something that grows on you as you get older and mature. Am I not taking this seriously enough because I'm still immature and naive?
Or is making boatloads of money really not all that important in the grand scheme of things? Is this one of those 1% of the time when my parents are actually wrong?
It depends on what a "boat load of money" is. I feel it is important to make enough to live comfortably without the stress of not being able to pay bills. further you should be able to afford some pleasantries as well as get your children educated, establish a retirement, and pay for any emergencies. Beyond that, it doesn't really matter
Not about nice things, its about financial security and independence. Nice having the the ability to start your own ventures, or walk away when a situation becomes unbearable. Entirely possible if you live well below your means
It depends on what a "boat load of money" is. I feel it is important to make enough to live comfortably without the stress of not being able to pay bills. further you should be able to afford some pleasantries as well as get your children educated, establish a retirement, and pay for any emergencies. Beyond that, it doesn't really matter
I aggree, and after a person reaches the point where they are finacially sound they may want to increase their money "for fun." Some people like fishing and mountain climbing but when i daydream about what i'm going to do with my spare time, it always revolves around some scheme to make more money. I've finacially sound, and i dont dream of an extravagant life style, i just like the thrill of earning.
Can anyone explain to me why it's SO important to make a lot of money?
My parents are pretty successful hardworking individuals who now live very comfortably. For me, I personally don't have a problem with earning a middle-class wage and living a middle-class lifestyle - I honestly believe that after earning enough to meet my basic needs, I would like to spend my free time going fishing, mountain-climbing, swimming, hunting, or just relaxing somewhere instead of fighting to get a higher paycheck.
But whenever I mention this to my parents, they go nuts - looking at me like I'm insane not to want to strive for more. I've seen my dad work 18 hour days and it ain't pretty. Sure, he made boatloads more money from doing so, but there's a LOT of things he sacrificed in order to do it.
But I'm a pretty naive and idealistic kid. I'll admit it. Having been coddled all my life, I honestly don't know what the real world is like. And when it comes to important decisions, I'd say my parents are probably right 99% of the time. Which is why I'm wondering if the importance of money is just something that grows on you as you get older and mature. Am I not taking this seriously enough because I'm still immature and naive?
Or is making boatloads of money really not all that important in the grand scheme of things? Is this one of those 1% of the time when my parents are actually wrong?
What you do with your money is more important than how much you make imo.
It's because the US has an insanely high cost of living. Why do you think places like Costa Rica or Mexico are increasing in popularity as retirement locations?
its not money thats the root of all evil, its lack of money....
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