According to a Reuters article by Helen Kearney, Fidelity Investments recently surveyed over one thousand millionaires and asked them, "How much money do you need to have to be truly rich?" The millionaires, whose average investments hover at around $3.5 million, answered that they would need at least $7.5 million to actually be rich. The main issues concerning one's perception of how rich you are involve your peer group (how rich am I compared to my friends) and whether or not your money can support your lifestyle until you die. If you read the article, be sure to pay attention to the percentage of the millionaires who do not consider themselves wealthy.
You can read the Reuter's article here.
Showing posts with label poor. Show all posts
Showing posts with label poor. Show all posts
Wednesday, March 23, 2011
Tuesday, March 22, 2011
Illustration a day: What makes rich people sad?
http://abcnews.go.com/Business/concerns-super-rich-wealth-bring-happiness/story?id=13167578
A great article on the limits of wealth to make a person happy. The article is well balanced. It recognizes the misery of poverty. On most days, it is better than to have some money over having none. But there are limits to how much happiness can come from having lots and lots of money. Having lots of money can cause as many problems as it solves. The quotes from the super wealthy are great. One section in the article rich (no pun intended!) for application is the section that talks about how spending one's money can shape one's happiness. Spending one's money on others does seem to improve one's happiness.
This article lends itself to several different possibilities for sermon use.
A great article on the limits of wealth to make a person happy. The article is well balanced. It recognizes the misery of poverty. On most days, it is better than to have some money over having none. But there are limits to how much happiness can come from having lots and lots of money. Having lots of money can cause as many problems as it solves. The quotes from the super wealthy are great. One section in the article rich (no pun intended!) for application is the section that talks about how spending one's money can shape one's happiness. Spending one's money on others does seem to improve one's happiness.
This article lends itself to several different possibilities for sermon use.
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