The advantages of being rich are many. Being rich in money is something that many aspire to be. But being rich with lots of money may not bring the same satisfactions as being rich in experiences, friends or family. Nonetheless, the advantages of being rich include eliminating some concerns from your life. Being rich may eliminate a concern for housing since you could afford to buy a home that suited you needs without regard for cost. Other advantages of being rich are found in the unlimited choices presented when buying automobiles, furniture, clothes and food and funding the best college educations for your children. Being rich puts you in contact with other people who may or may not share your values.
Most people do not have all of the advantages of being rich. Budgets for daily living give way to economic pressures when you don’t have the advantages of being rich. Even today, buying gasoline in the United States is an economic pressure not faced if you have the advantages of being rich. Being rich makes many day-to-day financial decisions moot. Being rich means that you have less to deal with as inflation erodes daily expenses.
Most people think there are only positive advantages of being rich. Being rich is deemed to be a totally positive condition. When asked, individuals who appear to have the advantages of being rich might tell you that there are some distinct disadvantages. They are besieged with requests from charitable organizations for donations. Being rich, they are exposed to people who want them to invest in various business ventures or simply want a handout of some sort or other. Being rich doesn’t immunize you from the problems of the world. In fact being rich may make it easier to fall into dangerous habits that are destructive. The problems of alcoholism and drug abuse can arise as such substances are easy to obtain when money is so readily available and there is, perhaps, too much leisure time for people who do not have to work daily for a living. There are many kinds of marital difficulties among the rich and many rich people’s children have significant problems which can be traced to the abuse of significant wealth. In short, the advantages of being rich are not always positive.
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