Since the time I was a child, I remember my father spouting off his mother's wise idioms. One in particular was, "Rich or poor, it's nice to have money."
Will money make you happy? Not necessarily, but certainly it can make things easier...bills, groceries, living in a nice neighborhood, better schools for your children, vacations that don't involve a tent and a $28-per-night campsite when you can't afford to take your kids to Disneyland.
According to an Austrian multi-millionaire, money hasn't made him happy and he's giving it all away...every dime is going to charities in Central and Latin America, according to a story in the London Telegraph.
He's liquidating everything from his business to his villa and all the toys he has purchased over the years. He's going to move into a small wooden hut. (I wonder if his family will follow him.)
Will being poor really make him happy?
But will that make him truly happy? He said he grew up having nothing and thought money would bring him happiness. I think it's great that he wants to help those less fortunate, but I also think he's in for a rude awakening. He should try living in California for a month without any money or income and see how happy he is.
It's wonderful that he wants to give everything away, but maybe he should be looking at the people around him and the way he leads his life rather than blaming "evil" money as the cause of his unhappiness.
Personally, I’d love to have a little extra cash padding my bank accounts. If I had as much as he does (rather, did), I know I could be happy giving money to charities while keeping enough to maintain a comfortable existence for my family and future generations.
Even when times are tough in my own family, I find some way of donating money or time to charities that need assistance; doing so makes me feel good about helping others who are worse off than I am. But I know I can’t give it all away. This Austrian man likely has medical coverage and whatever social services he requires in his country, whereas here in America, I know those same services would not be so forgiving.
So, if there are any millionaires out there who would like to give away their money for the sake of finding happiness, I’d be happy to accept your donations. I know how happy it would make my stressed out husband to see a few extra zeros at the end of that feeble number in our savings account. And I promise, if we aren’t happy after a year or two of no longer living hand to mouth on incomes that would allow people to live like kings in most other parts of our country, we’ll give it all away.
Read more of this Austrian's story, "Millionaire gives away fortune which made him miserable"