Does it make sense to think that just because one has more money than they need, it’s okay to spend it excessively?
What do I mean? Well, I’ve been thinking about wealth. I don’t mean the kind that money cannot buy i.e. happiness, peace of mind, etc. I’m talking about the kind of wealth that we all dream of having; $$$$$$$$.
I was thinking about what I would do if I came into a lot of wealth. Would I buy the most expensive car and then buy six more? Would I build a huge mansion that even my entire family couldn’t fully occupy? Would I over flow my closet with shoes, clothes, jewelry and accessories that I couldn’t wear in a whole year with three outfit changes a day? What would I do if i suddenly could afford anything in the world.
This got me analyzing the typical rich person’s spending habits. They probably own a mansion with five, six, or more rooms than they cannot fill, own a fleet of luxurious cars and a closet full of clothes that they wear once or never wear at all, and probably splurge on the most luxury vacation destinations with only VIP service. I watched “Million Dollar Rooms”, and I never really understood the guy who put real diamonds in his shower head, or the guy who had his door knobs made out of gold, or even the people who collect cars and pinball machines.
While this is all great, I couldn’t help but think how impractical it is. Why does one person need six cars? I mean I get having two or three (for backup). But six, seven, eight? Why? Why does your house need to be so big that one could get lost trying to find their way to the other end? Why do you have more clothes and shoes than you can reasonably wear? In the TV show “Schitt’s Creek”, Eugene Levy and his son star – among others, as a wealthy family who are forced to live in a “crappy” city they bought as a joke. How does it make any sense to purchase a whole city just because you can?
Don’t get me wrong. I’m not against splurging on the finer things in life, if you can afford to. If it’s yours, then you deserve to buy seven cars and an island if you feel like it.
I just think it is impractical. If you have a big family who occupy the many rooms in your resort type home, then by all means build as many as you need. What I don’t understand is spending on the excess.
At the risk of sounding cliché, I will say this; I am a believer in the concept that world has so much to offer. If I had lots of money, of course I would buy a few extra clothes, get a nice comfortable house that fits me and my family, and make sure that those close to me are comfortable. I just would not buy seven cars and build six mansions, or buy a city as a joke.
I would help improve humanity the best way I can; schools in my home country, food banks/shelter for the needy, charity programs that uplift people, adopting a young person who needs someone to help them achieve their potential, the possibilities are endless.
I would chase the adventures the world has to offer. I would travel to every continent (every country if possible), take loads of photos, write stories, learn other cultures, have life fulfilling experiences and live life in a way that brings me the wealth that matters; happiness, peace of mind, love, etc.
Most importantly, I would always remember that wealth will fade away because after all, it is vanity.
Disclaimer; the views in this article are solely those of the author and are not intended to reflect badly on anyone who might identify with topic.