There is no single person in this world that would choose to be poor. That is because being rich allows the people to live the kind of life they want. However, believe it or not, it has its own advantages and disadvantages, and here are some of them.
“Being rich is a good thing, not just in the obvious sense of benefiting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.”
ADVANTAGES OF BEING RICH
• Looking at the price tag is NOT necessary
When there is something you want or you need to buy, you don’t have to worry about not having enough money to get it, or like you don’t necessarily need to look at how much is it. That is definitely one of the perks when you’re rich. No worries about money, because you literally have a lot of them. The only thing you need to worry about when it comes to this is that you have to make sure that you’re doing a cycle, if you’re spending, you should be earning as well, so that you wouldn’t get bankrupt at the end of the day.
• You can share because you have more than what you need
One of the best things you can actually do when you’re rich is to be able to share what you have. When you have more money than what you need, you can be a part of charity institutions so you can actually help those who need it the most. For instance, you want to help children who are suffering from certain illness, or you could also help those who can’t afford to go to school, you may also help animal shelters as well as some eco-related groups to help save the earth. This has got to be the best advantage of being rich. Unfortunately, there are rich people who simply uses their money and power to get involve with charities, just so the people would think that they’re kind and unselfish. So if you are aiming and working hard to be rich, be sure to stay humble and unselfish, don’t let money and power get into your head or it might actually destroy your life.
• High-quality life is attainable for your and your family
If you’re rich then you’ll be able to afford a certain lifestyle that you want. A high-quality life doesn’t mean that you have to have such a luxurious lifestyle, like having servants or butlers. A high-quality life means that you’re living the life however you want it to, whether it may be such a simple or luxurious lifestyle, you get to have a choice.
“Being rich isn’t about money. Being rich is a state of mind. Some of us, no matter how much money we have, will never be free enough to take time to stop and eat the heart of the watermelon. And some of us will be rich without ever being more than a paycheck ahead of the game.” – Harvey Mackay“Being rich is a good thing, not just in the obvious sense of benefiting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.”
DISADVANTAGES OF BEING RICH
• Friends and Enemies are the same
One of the downfalls of being rich is that you wouldn’t know who your real friends may be. Many people would want to be close to you and be on your good side, but not all of them are doing that so that they could be friends with you, some of them are doing that because they may only be interested with the fame, power, and of course the money that you have
• Expectations are too high
Once you are rich enough, there are now certain things that you are expected to do, you are also expected to do things that wouldn’t make a fool out of you. The public eye has their all of their eyes in you, waiting for you to do something wrong so they could talk about you. It is also expected that you must keep yourself from losing money and you must make sure that you are and will always be rich.
• Time is priceless
Time is something that can never be bought. Once you have lost it, you can never get it back. That is why being rich would also mean that you’ll be too busy that there are things that you have to choose from since you can’t be at the same place at the same time. It will be difficult for you to prioritize things, so that is one of the disadvantages of being rich.
“A meaningful life is not being rich, being popular, being highly educated or being perfect… it is about being real, being humble, being strong, and being able to share ourselves and touch the lives of others, it is only then that we could have a full happy and contented life.”
Are you rich yourself or do you know anyone who is rich that could react to these advantages and disadvantages, just leave a comment and let us know what you think.
