Finance YouTube Script
The Pros and Cons of Obtaining
Great Wealth Suddenly
For most of us, wealth is everything. Some say that you cannot buy happiness, but most
beg to disagree. We all want to be wealthy; that's why all of us work earnestly to become
rich. And, of course, there is nothing better than being able to have the things you need
and want. But is sudden wealth really a curse in disguise?
Let's talk about THE PROS AND CONS OF OBTAINING GREAT WEALTH SUDDENLY.
What do you think about the saying, "be careful what you wish for?" A lot of wealthy
people insist that it is never easy to be rich, and it comes with a lot of problems. Most of
you must have thought that becoming wealthy is all about rainbows ad cupcakes. Well,
isn't it? Let's see.
THE PROS OF OBTAINING GREAT WEALTH SUDDENLY
There are many benefits when you suddenly become rich. Whether to make your life
easier or provide you with more opportunities to grab, these are the things that ordinary
people wish to have.
NUMBER 1: FINANCIAL FREEDOM
Let's start with financial freedom. One of the most significant benefits of having sudden
wealth. Contrary to popular assumptions, financial independence entails far more than
simply being debt-free. People who are genuinely extremely rich know that riches are
merely a tool for changing their perception of the world around them.
Using money appropriately may increase your possibilities and chances in both your
personal and social development if you use it wisely. It can also assist in removing or
minimizing stressful circumstances that are foreseeable and unanticipated.
Financial freedom is indeed the opportunity to live your life in the manner in which you
actually wish, without being burdened by financial or emotional obligations.
NUMBER 2: ENDLESS POSSIBILITIES
The greater the amount of wealth you earn, the greater the number of possibilities and
opportunities that become accessible. These alternatives are typical of more excellent
quality and, as a result, provide more meaning and variety to your life.
The majority of these alternatives are often reserved for the rich and are not widely
recognized by the general populace.
When it comes to material items, relatively great-quality products are typically more
exclusive and, as a result, tend to hold their worth or even improve in prices over time.
Because of this, wealthy individuals will typically offset the cost of acquisition and, in some
cases, earn a profit by selling.
NUMBER 3: TIME AS LEVERAGE
Not only are the wealthiest willing to use their riches to earn extra profit, and they're also
ready to use their finances to maximize time. They accomplish this by actually paying to
just have stuff performed on their behalf. They typically have structures in place,
comprising technologies and human personnel, that streamline and control many parts of
both their work and personal life.
The privileged usually have a group of people controlling it and coordinating their day-today business activities. Every corporate trip or vacation is meticulously planned by a team
that includes executives, secretaries, landscapers, personal chefs, and sometimes even
private tour operators who work together to ensure every detail is attended to.
Because of their capacity to utilize time, the rich are not necessarily obligated to
participate in the actual phase of a deal. As a result, employees only have to perform the
tasks that are specifically assigned to them. This provides them with much more spare
time to pursue other interests, such as generating new money prospects or enjoying life
to the fullest extent possible.
NUMBER 4: EXCELLENT QUALITY OF HEALTH
It should go without saying that the wealthy generally live for a more extended time.
Because they have a considerable amount of money, they can afford to travel worldwide
to get one of the most cutting-edge surgical and medical facilities available.
As a result, you will have access to world-renowned physicians, specialists, and
professionals from all around the world as well. This means that they are not limited to
medical centers, which frequently suffer from a scarcity of high-quality resources due to
budget constraints.
When it comes to nutrition and diet, the wealthy enjoy the luxury of eating any meals they
want, as long as they are not overweight. It is no surprise that healthy food is far more
expensive than less nutritious meals. The privileged also have access to the highest
quality dietary choices; this isn't always open to the rest of the overall population.
NUMBER 5: EXPERIENCE NEW THINGS
This is among the luxuries the rich enjoy, who have access to a global counselor,
instructors, professors, and top life trainers. People like Tony Robbins provide private
coaching to the wealthiest when experiencing difficulties or simply want to elevate their
lives to the next degree.
THE CONS OF OBTAINING GREAT WEALTH SUDDENLY
Of course, there are many drawbacks to being suddenly wealthy. Become a rich person;
you'll still become a villain in someone else's story.
NUMBER 1: MONEY DOESN'T BUY HAPPINESS
You might very well find that you no longer have as many objectives as you once had
since you can now get almost whatever you desire without needing to put in the effort to
earn it.
You won't have the joy of actually earning anything by your own labor, and shopping may
be less rewarding since you won't have to hunger yourself for them like you would with a
typical sale. Purchasing whatever you desire may or may not give you the pleasure you
anticipated, and you might find yourself still unfulfilled.
Most people seem to believe that they'd have a great deal of money, be content, and all
of their issues would be fixed. Obviously, this isn't always true, either. If you have been
an unhappy person prior to getting wealthy, there is a strong possibility that you will
continue to be an unhappy individual after being wealthy.
NUMBER 2: DO NOT HAVE PRIVACY
This one should go without saying, but if you're popular in addition to being rich and may
be renowned as a result of your riches, you'll lose an incredible amount of privacy. The
days of going to the grocery store or even to a bistro without even being acknowledged,
bothered, filmed, and possibly constantly talked about will be over soon.
In addition, many wealthy individuals must cope with others who have been through the
trash these wealthy individuals leave out every week and, with most being forced to
discover dirty little secret trash their name.
NUMBER 3: UNFAIRLY JUDGED
When people find out you're wealthy, they're more likely to have adverse feelings or
preconceptions about you. After all, there have been some common misconceptions
regarding being wealthy.
Typically, some people would think you are materialistic, superficial, or selfish, or that you
really are unaware of how it would be to be a regular person. Your friends and family may
believe that you have become wealthy simply even though you were fortunate.
Or just because you defrauded or took advantage of the numerous tax breaks. It's
possible that some people would consider your success as a setback for them, as though
one person's sudden success is linked to someone else's terrible fate.
NUMBER 4: THE SACRIFICES NESSECARY TO BE WEALTHY
People become suddenly wealthy in several ways, including by landing a lotto jackpot,
inheriting wealth, or working really hard and putting their money into investments. If you've
accumulated your fortune via years of dedication, there seems to be a strong possibility
that you've made significant sacrifices.
Working long hours at your work or perhaps two jobs means you may have overlooked
birthday celebrations, holiday opportunities, and other essential events in your personal
life.
You may have hardly established outstanding bonds with friends and family members
due to your efforts and lengthy shift patterns. All of those are significant setbacks.
NUMBER 5: YOU ARE YOUR RICHES
People can pay more attention to your wealth than to your other characteristics, and your
wealth can quickly become your most distinguishing quality. Abigail Disney has shared
her own personal knowledge of being a wealthy individual.
She said that the most common thing she hears from people is that she must be quite
wealthy. It is challenging to make very first impressions in every engagement since people
have already decided whatever they want to perceive about you before you could even
shake their hands.
NUMBER 6: MOST LOVE YOU FOR MONEY
One of the reasons you may begin to be secretive when you become suddenly wealthy
is that you would not be loved because of who you are. Because you're rich, people will
look to you for financial assistance or demand you cover every meal you share at a cafe
when they recognize you're there to help them.
Some of your friends or relatives may have high expectations of expensive presents from
you for occasions or celebrations, and they may be disappointed if you give them
something more modest.
This is one of the most significant disadvantages of having sudden wealth. You are having
difficulty trusting them because you do not know what they are after.
Of course, these are just a partial list of the numerous pros and cons of obtaining great
wealth suddenly. To put it simpler, it doesn't matter how much wealth you have in order
to be "eligible" for problems. There are aspects that only the wealthy understand, and that
goes the same for the normies.
Of course, we cannot deny that there are certain parts that the wealthy only benefit from.
But keep in mind that wealth isn't the only one that makes the world go round. Better
yourself and become the best version of yourself.
And that is all for today's video. Do you believe that you need to be wealthy in order to
open closed doors of opportunities?