BellaOnline Forums Money Abundance & Wealth Can you ever be too rich?

I heard someone say once once that they didn't want to be too rich.

What's too rich? Can you ever be too rich?

No! Even if you had billions & trillions -you can do alot with that money & share it. I would donate to nature & wiildlife conservation.

Good positive way of thinking, earthydream.

I grew up hearing relatives saying, "Why should you make a lot of money, you'll just have to pay more taxes."

Anyone else hear something like that?

My sister and her husband talk like that all the time. He's self-employed and of course, the more he makes, the more taxes he pays. With someone self-employed too you have to come up with all of it at once if you haven't saved through the year-also the self-employment tax is a killer!

However, I keep telling her I'd rather make more money and pay more taxes-or find more deductions!

Before we got into LOA, my husband used to say "I don't want a lot of money, just enough to be comfortable." I finally convinced him this was NOT prosperity thinking. We ARE comfortable, we aren't starving and we can pay our bills, so the Universe thinks we are already "comfortable" and nothing more will come our way.

Now he says "There are checks in the mailbox!"

How can you be too rich? Look at all the good you can do with your wealth!

I agree with Green1 - focusing on the positives attracts even more positives into your life. You'll have your eyes open for the positive things instead of worrying about the negatives.

Wealth is a mind-set too.

Personally I don't think a person can be too rich. There is so much you can do with money. however, you can be too stingy, too pig-headed, too greedy ;0)

I like to think of all of the billionaires and millionaires out there and how much they donate to charity. I don't think that you can be too rich when it gives you the opportunity to help others.

I think you can't be too rich. The more you have, the more you can do for your family, friends and community.

I'm ready to be rich and see how it feels!

Of course you can't be too rich.... having said that we have too much money (not rich though!) because we're not frugal enough and don't have to think too hard before we buy most things. If we were more frugal we could have no mortgage for instance!!!

I was actually afraid to come into this thread (although I saw it on the sidebar a few times) because I was afraid it would be rich-bashing. I feel very strongly that if someone works hard, they deserve to have control over the income they therefore bring in.

That is, some friends of mine think there should be a top income cap (say $100,000) and that all money earned after that should go to the government to distribute. But my argument is that 1) people would just stop working if that were true, and we would lose a lot of productivity, and that 2) why in the world would we feel the government would do a better job of distributing the money better than a skilled, talented person would? I would MUCH rather trust the average high end executive to make the right decisions than I would trust the average government worker who is "spending someone else's money".

Look at all of the amazing foundations which have been set up by wealthy people which do FAR more good than the government could even if the government had 10 times the money. The people who earned the money have an incentive to spend their hard-earned cash in a way that makes the most effect. The government has no incentive at all.

I feel pretty strongly about this But I am libertarian and feel individuals tend to decide best about their own lives. I don't feel the government does as well. I always try to balance my bills so I can donate as much to charity as possible - but *I* choose my charities and I work hard to choose them wisely. I would not want the government choosing for me.