Is Being Rich Ovverated?
Last Updated on November 26, 2022
Have you ever pondered why we all fantasise of becoming a millionaire or a billionaire? I mean, you gotta wonder if the folks who get that far in life are pleased with it or not, right?
There are many questions that arise in my mind when I think about being rich and if it will fulfill the void of happiness that we all search for. So, is being rich ovverated? Let’s find out.
Why Being Rich is Overrated?
Many of us believe that wealth is defined by material possessions like a fancy car, a large house, a string of beautiful women, and so on. That’s exactly what we believe whenever someone brags about their wealth. If money can buy you anything you want, then is it truly overrated?
The answer is yes, being rich is ovverated. Having a lot of money is overrated, but being happy is underappreciated. The economics principle known as the Law of Diminishing Marginal Utility is all that’s needed to make sense of this statement.
So what does this law states?
This law states that everything being equal as more and more standard units or a commodity is consumed marginal utility derived from each additional unit must decline. Which simply means that the more you have of something the less it makes you happy.
Let’s understand this with an example. Assume I give you your favourite expensive and delicious pizza.
The pizza has 6 perfect slices and you get so happy with the thought of eating it. You eat the first slice and you feel like you have arrived in heaven. it satisfies you more than anything. You take another slice but feel less happy as it feels just good and with each additional slice, you treat it like a normal pizza and you realize that the 6th slice has nothing ‘amazing’ in it, though it was the same slice you ate first.
I am sure this happens with each one of you reading this article, whether it be your growth in your career, the increase in the money in your bank account, the additional slice you eat, everything feels just ok when you have more of it, just like the 6th slice of pizza we talked about.
The more money someone makes a point comes where no matter how expensive food he/she eats, destinations they visit or clothes they buy joy seems very little in comparison with the delight they felt before.
This same law not only applies to food, clothes, commodities, it also applies to money.
Everything becomes normal when you get more of it if you don’t believe me then think about why you are not as happy as when you got your first paycheck?
Don’t forget that wealth is overrated. Embrace the freedom. Invest in your relationships with those closest to you. Put the brakes on and decide to live without stress. Keep in mind that the world outside your window is real and that the sky is always blue and the sun always rises.
So as now you have understood why the idea of being rich and having more money is overrated, let’s find out if you should strive for it or not.
Should You Stop Pursuing Being Rich If It’s Overrated?
No, I’m not saying that money doesn’t buy freedom or that it doesn’t help make your dreams come true.
What I mean is, if you’re at a point in your life where you have a comfortable place to live, enough to eat, and enough money to make some of your dreams come true, then you should be grateful for what you have and stop worrying so much about getting even more.
Acquiring more and more is certainly not going to make you happy and that’s why many ultra rich people in this world still feels empty inside.
You should ask yourself if today you become rich then what? yes, you will eat good, wear more fancy clothes, drive more luxurious cars, but then what? You should not attach yourself with the desire for more money or being rich, you should start being happy with what you have.
You are alive today, reading this, you have enough money to buy food, to buy clothes and many more things.
Happiness is never outside it’s always inside.
Is becoming a multimillionaire your ultimate goal? You’re thinking of the stereotypical wealthy person, but I’m not. Learn with me how to be a millionaire who is truly content with their life.
How to Actually Become a SATISFIED Millionaire Without Becoming Rich?
Do you know why someone is called a millionaire, billionaire, or rich? Not because of money, indeed. The reason is that we think if they have so much money, they must be happier than we are.
But most of the times this is not true. Happiness depends upon the mindset and not on the things. But if everyone does it why all rich people are not dancing with bliss, joy, why actors are committing suicide, why celebrities are breaking up with their partners? why businessmen are bankrupt? Think about it.
If you truly want to be a millionaire then just stop attaching your self to the results, enjoy the process, meet new people, take a break from your monotony and spend time with your kids, parents, family, go out for a walk where you just observe the beauty of this world, do what you genuinely love, eat your favorite cuisine, take your wife on a date, go for a vacation.
Do not make the mistake to confuse happiness with being rich. Assigning your happiness to your desires of becoming a millionaire, to have a big mansion, to have a beautiful girl, because to attach your happiness to these things surely means that you are believing a false hope that you will surely become happy when you will get it.
The reason you are not happy is that you think you are not free, but the truth is you are not free because you are striving for something which you believe is going to fill you void.
Happiness is always found inside and never outside. If you believe you are happy with everything you got, then you will be happy but if you believe you will be happy when you will get this or that my friend you are lying to yourself.
Do not, and I repeat, do not assign your happiness with the hope of getting what you want but what you have and who you are.
If you don’t learn how to be happy without money then there is no way being rich will teach you that. Do not blindly grow your bank account; cherish everything you have in your life.
Being poor sucks, and that’s true, but when you have enough to have a good life, there is no sense in desiring more and more. You will not be able to enjoy anything (what you have and what you want) if you are blindly desiring happiness.
The truth is that being rich is very overrated nowadays, and no one is cherishing what they have. Instead of being grateful, we are all becoming sad, depressed, and meaningless.
Life is not about achieving materialism; it is about living life with the people we love, enjoying small moments, being free, being happy with everything God provides us with. I should say that having money is overrated, but living “life” is underrated.