The Pros and Cons of Being Wealthy

You may have heard the phrase more money, more problems. & it’s true that many of the problems that come with poverty & scarcity can be solved, or at least significantly mitigated, by money & wealth.

If you’ve just searched out the pros and cons of being wealthy’ as a sanity check before accepting a briefcase of cash from the Premium Bonds people, take the money.

You can come back later to tell us how hard it is being rich. But let’s begin with the good points.

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Unless you’re very religious, contrarian, or you’re visiting our planet ahead of the full-scale invasion from Mars, you’ll know how great it is to have money.

The Pros of Being Wealthy

- Financial freedom - Holidays anywhere - A great home - Funding for your pastimes & passions - Good suits - Excellent health care

At the very least, being wealthy gets you:

Self-determination is at the luxury end of the hierarchy of needs. And when you’re very wealthy, within reason you can do what you want, where you want, when you want,& a lot of the time with who you want.

- Money (Probably) Won’t Make You Happy - The End of Your Goals and Ambitions - Being Judged Unfairly - Someone is Richer Than You - Guilt - Being Rich is a Big Deal

The Downsides of Being Wealthy

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