Comments on: Can You Be Richer Than Someone With A Higher Net Worth? http://moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/ Building wealth while enjoying life Thu, 20 Nov 2008 23:49:55 +0000 http://wordpress.org/?v=2.6 By: dong http://moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-213 dong Wed, 29 Aug 2007 22:33:54 +0000 http://www.moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-213 I think moving from family and friends can be very tough. I never have, and I wonder if I have what it takes to do it. As for being rich, it is relative. While I'm doing generally speaking more than OK, it's a constant struggle for myself to appreciate the wealth I have because I'm surrounded by a culture of wealth. It's important to stay grounded, and not want more because there's always going to be more. I think moving from family and friends can be very tough. I never have, and I wonder if I have what it takes to do it. As for being rich, it is relative. While I’m doing generally speaking more than OK, it’s a constant struggle for myself to appreciate the wealth I have because I’m surrounded by a culture of wealth. It’s important to stay grounded, and not want more because there’s always going to be more.

]]> By: Minimum Wage http://moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-208 Minimum Wage Tue, 28 Aug 2007 23:49:40 +0000 http://www.moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-208 How rich can you be if you earn minimum wage and all your disposable income is forced into debt service? How rich can you be if you earn minimum wage and all your disposable income is forced into debt service?

]]> By: Danny http://moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-207 Danny Tue, 28 Aug 2007 02:21:33 +0000 http://www.moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-207 Hey BB, That is one of the things I am having trouble with as well, which is leaving my family, friends, and all that I know. The only thing I keep telling myself is that I'll adapt, which I'm sure I would. I think that I would also gain additional non-monetary richness by the fact that I am opening up my eyes and emerging myself in a completely different area, culture, and climate. San Francisco life will always be with me no matter where I go, but by moving, I get to experience new things, take advantage of many opportunities, live better and have more freedom. I honestly feel by moving away from the big city I would gain monetary and non-monetary richness but thats a personal opinion. Worse case scenario is I move there for 5-10 years, hate it and come back to SF but at that time I would have a lot of money saved up. I appreciate the comment as always BB. Have a good week. Hey BB,

That is one of the things I am having trouble with as well, which is leaving my family, friends, and all that I know. The only thing I keep telling myself is that I’ll adapt, which I’m sure I would.

I think that I would also gain additional non-monetary richness by the fact that I am opening up my eyes and emerging myself in a completely different area, culture, and climate. San Francisco life will always be with me no matter where I go, but by moving, I get to experience new things, take advantage of many opportunities, live better and have more freedom. I honestly feel by moving away from the big city I would gain monetary and non-monetary richness but thats a personal opinion. Worse case scenario is I move there for 5-10 years, hate it and come back to SF but at that time I would have a lot of money saved up.

I appreciate the comment as always BB. Have a good week.

]]> By: Brip Blap http://moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-206 Brip Blap Tue, 28 Aug 2007 02:01:03 +0000 http://www.moneysocket.com/can-you-be-richer-than-someone-with-a-higher-net-worth/#comment-206 The only counterargument I would make is that sometimes richness is measured in terms of culture or family and not pure numbers. I would be much better off in a place besides NYC but I would lose some of the richness in my life by being cut off from the culture and huge extended family of my in-laws. I've gained a lot in my life from being so deeply immersed in a culture not my own (Jewish Russians) that I would hate to leave it for another location even if it meant I was financially better off. Other than that I agree completely - I have been living with an astronomically high salary for 10 years that dwarfs all of my college friends' salaries, yet I have a worse lifestyle than they do thanks to the high cost of living in the NYC area. Too many people I know accept a diminished lifestyle simply for the hope of a wealthier future. The only counterargument I would make is that sometimes richness is measured in terms of culture or family and not pure numbers. I would be much better off in a place besides NYC but I would lose some of the richness in my life by being cut off from the culture and huge extended family of my in-laws. I’ve gained a lot in my life from being so deeply immersed in a culture not my own (Jewish Russians) that I would hate to leave it for another location even if it meant I was financially better off.

Other than that I agree completely - I have been living with an astronomically high salary for 10 years that dwarfs all of my college friends’ salaries, yet I have a worse lifestyle than they do thanks to the high cost of living in the NYC area. Too many people I know accept a diminished lifestyle simply for the hope of a wealthier future.

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