Since I started this blog a few weeks ago, I’ve been asking friends and family to share their perspectives on wealth, personal finance, and money. When you were younger, what did you learn about what it meant to be rich or poor?
It’s just a thing that’s needed to live within the current society. It’s neither evil nor good; it’s just a tool, and people use it for their own devices.
Should billionaires (or millionaires) exist? Is it right to aspire to be a billionaire (i.e. rich)?
I don’t see any moral or ethical issues with billionaires/millionaires existing because they are not all inherently bad or good. It’s their actions that reflect who they are as people. We have people like Bill Gates who donate a lot of money to many good causes, and then we have people like Trump who are just in it for the money/power.
We can’t even blame it on our capitalistic society because even economically socialist countries like Sweden have Ikea and Spotify, whose leaders make millions of dollars. That said though, there shouldn’t be preferable treatment towards these individuals, but there is, and we have to change that norm.
I think the proper idea to have is to be financially free.
Read moreHow Do You Feel About Being Rich?