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I take your point, but it really depends on which threshold of rich we're talking about. Someone with say... 5M net worth is rich by most people's standards, bu
by tmountain 2y ago
I take your point, but it really depends on which threshold of rich we're talking about. Someone with say... 5M net worth is rich by most people's standards, but depending on where they live and their situation, they may or may not have the staff to take care of every administrative aspect of their life. 50M, sure... you've basically won life at that point, and you can outsource everything.
- coldtea 2y agoEven with 5M taking care of house repairs, cars maintainance and the line is not even remotely close to being a problem. In any case, far far far less than worrying about next month's rent, or even a leaking roof and you scrapping for money to fix it.
- tmountain 2y agoMonetarily, absolutely not, but that's not the point I'm making. I'm saying if money equals freedom, at the lower threshold of being rich, there are still many small things that will take up your time; thus, preventing you from maximizing potential happiness from said wealth.
- Draiken 2y agoSure, but it's all about proportions. I now am lucky enough to have enough money for everything I need and that means almost all problems are a payment away from being solved. 99.9% of the problems become really small. The amount of time spent on every little problem before was absurd.
- shrimp_emoji 2y agoMeanwhile, if you're doing carpet repair for minimum wage, a problem like a flat tire on your shitty blue Subaru feels life-destroying.
- ElevenLathe 2y agoCan someone worth $5m not just live in the same house they would if they were worth like $200k but have everything be strictly easier? Pay for lawn service, maid, gutter cleaners, tutors, reliable cars, etc.? Obviously if they choose to leverage themselves to the eyeballs and live in the biggest house they can get a loan for, they will still have to spin plates to keep it all together, but they don't have to do that.
- readthenotes1 2y agoThat supports the article's thesis of a dose-dependent response to wealth. I can tell you from personal experience and observation, that the amount of bother the small things bring to people with FU money goes down drastically, especially if you give up the 50+ hour (including commutes) day job. My retired grandad said "one todo a day is enough". It's much, much, better...