Forkyfinder
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- Dec 13, 2023
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Fill in the blank: If I was wealthy ...
- Thread starter T.R.
- Start date
Jack Ryan
Well-known member
A lot of truths is spoken in jest.
LopeHunter
Well-known member
Adding a zero or two to the right side of my net worth will not change a damn thing except create more work for me to navigate how to minimize taxation and not screw up my progeny if leave too much wealth that this reduces their drive to become successful and good citizens that you would want to have as your neighbor. Is not a good idea to leave young folks so much money they can do nothing all day. The trick is to give them just enough that they can do anything. But, not so much they can do nothing. I grew up in a small rural area and over my decades have observed 3 and sometimes 4 generations of a family.
There is a tale about how a wealthy family begins when a generation goes from wearing overalls their whole life while never retiring to end up wealthy and their kids grew up pitching in while wearing overalls, too, while wealth is being achieved. The grandkids never wore overalls or knew why work is called work. They get a soft life of summer camps and plenty of toys to distract them plus a lot of temptations. Not a lot of accountability for the grandkids as the parents keep scratching the checks to smooth over bad choices by the offspring. Maybe the wealth partially survives the grandkids but rarely is there wealth sitting there for the great-grandkids who end up having to work for someone possibly while wearing overalls.
I never will equate wealth with happiness. I have never met someone, though, who was pleased they squandered money that had set them up for life if they only had been financially prudent. No need to have to get rich a second time in life. What is rich? I can't say but not having to financially worry if you suddenly hear an odd sound from your idling truck's engine or the roof needs replaced or a medical situation drops $10,000s of bills in my lap. None of that makes me have a bad day now.
There is a tale about how a wealthy family begins when a generation goes from wearing overalls their whole life while never retiring to end up wealthy and their kids grew up pitching in while wearing overalls, too, while wealth is being achieved. The grandkids never wore overalls or knew why work is called work. They get a soft life of summer camps and plenty of toys to distract them plus a lot of temptations. Not a lot of accountability for the grandkids as the parents keep scratching the checks to smooth over bad choices by the offspring. Maybe the wealth partially survives the grandkids but rarely is there wealth sitting there for the great-grandkids who end up having to work for someone possibly while wearing overalls.
I never will equate wealth with happiness. I have never met someone, though, who was pleased they squandered money that had set them up for life if they only had been financially prudent. No need to have to get rich a second time in life. What is rich? I can't say but not having to financially worry if you suddenly hear an odd sound from your idling truck's engine or the roof needs replaced or a medical situation drops $10,000s of bills in my lap. None of that makes me have a bad day now.
Wildabeest
Well-known member
Better to know someone with a boat than to own a boat.
Nick87
Well-known member
Wouldn't you know it i own a boat. Chalk up another for me.
Wildabeest
Well-known member
Good to know ya Nick!
I lost mine in that horrible gun drowning accident.
Same with horses.
TexanSam
Well-known member
I want to change my answer, if I had 50 billion dollars I would upgrade air traffic control before trying to run AI on 60 year old hardware
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