Better off broke: Why some choose poverty over wealth
A shocking truth -- Not everyone craves the trappings of the American Dream
Movies such as "Wall Street" ("Greed is good!" pronounced the infamous Michael Douglas character Gordon Gekko) and "Glengarry Glen Ross" ("I made $970,000 last year. How much you make? You see pal, that's who I am, and you're nothing," said Blake, played by Alec Baldwin) defined the late 20th century.
I opted to just barely pay my bills by creating things by hand one at a time rather than pursuing a vastly more lucrative endeavor.
|--Joel Selmeier |
Joel Selmeier, from Cincinnati, was raised in an affluent household and he, too, turned his back on the established definition of success. His aim was to serve, create and spread a powerful message.
It is important to distinguish the difference between crushing, inescapable poverty and electing to live sparingly. The former often leads to a sense of desperation, but the latter can result in a sense of liberation and joy.
I see a movement toward voluntary poverty. That shift is already taking place in the private sector as homebuyers re-entering the market are opting for smaller, efficient homes.
|-- Bruce Specter |
Advisory mortgage planner
Ultimately, while funds in the bank and cards in your wallet can reduce anxiety, they can also elevate it. You've got to pay attention to how your money is spent and invested and that requires at least a rudimentary amount of acumen. Running a household means nonstop bills. As for that cell phone and computer, keeping up with the latest technology also becomes increasingly expensive and for some, more of a headache.
Published: September 23, 2013
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