Why It Sucks to Be Rich
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- เผยแพร่เมื่อ 22 มิ.ย. 2020
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In this video:
To paraphrase famed scholar Christopher Wallace- more money means more problems. As paradoxical as this claim may seem given yet another famed scholar more recently claimed “Whoever said money can’t solve your problems, must not have had enough money to solve ’em”, Mr Wallace, or Biggie Smalls as he was better known to those who had no respect for his parents’ wishes for his name, seems to have been on to something. Case in point- there exists exceptionally well paid psychologists who specialize in helping their exceptionally rich patients cope with having tremendous wealth, generally charging in the realm of $450 to a $1000+ per hour for their services.
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Can you make a video on dyslexia please
This one also need the Blaze treatment.
Maybe if I were rich I'd buy a membership
This was an even better deal. They also had a discount on the annual price. 14 months for a the cost of 1 weeks coffee, nice!
That was such a well written episode. It almost made me forget the real Simon for a bit. But then I watched the last Business Blaze episode and then I remembered: oh right. Simon is a ranty idiot. I love that more tbh.
So basically, it's like when you find an exploit in a video game that makes it a lot easier, but the it stops being fun.
That’s a good metaphor
Well said!
Or god mode
Cheats always made video games more fun for me playing Grandtheft auto with unlimited lives unlimited ammo and jet pack mode makes the game amazing.So I guess that’s what it’s like to be rich to live life like you said with cheats on
not it mean you realize you can take money off the company since it double tax... you had to paid tax for profit and paid for tax when you got them.... so pointless.. and so many people don't like you since they are jealousy.
I'd prefer having rich people problems to living check-to-check and wondering how I'm going to raise my son like this.
Couldn’t have said it better myself.
Jesus, this is so ignorant...
Did you even watch the video? Have you never seen rich people outside of celebrity gossip? They're far from immune to any issues we may be inflicted with apart from some money related ones while they have other money related ones we don't have.
Money doesn't solve any emotional issues, it doesn't make you less awkward, it doesn't make you immune to the temptations of gambling, drugs, alcoholism, smoking, it doesn't fix social issues, it doesn't make your kids love you or make it easier(probably the opposite) to find genuine relationships/connections and it wont make you happy etc...
All it does is grant some security when it comes to affording above average food, housing and education. All of which the basic versions of are very easy to afford for anyone who lives in the west and isn't a major addict of some very detrimental substance/behaviour.
There's also the issue with your feelings just moving on to the next issue at hand. Consider when you're sick and have trouble breathing, maybe your nose is blocked for an extended time, you're going to think "I would give so much to just be able to breathe freely"...then the day comes when your breathing is back to normal and you can enjoy a couple deep breaths for the first time in a while...then a couple hours pass and...you don't really care anymore because you can just breathe freely, now you're thinking "what wouldn't I be prepared to sacrifice to fix my relationship with my mom" or "get the recognition I deserve for my work/efforts" or whatever and the stress/worry etc is back.
@@handsomebear. This is a sort of late reply, so i apologize if you no longer care, but this seems to very much downplay the severity of having to live paycheck to paycheck.Some security would be a huge blessing to a lot of people.
I disagree that it is "very easy" to afford housing and food in the west. Beyond high school, education is hugely expensive, while pursuing a college education is meant to help you make more money there is no point if the debt you incur will have to be payed until your dying breath.
While I acknowledge that rich people also have emotional issues and have temptations, but even there they are better equipped to deal with it. They have much more access to therapy and rehab, helping them through their problems.
Rich people do have the same problems that poor people do, and money can't solve all of them. However, money allows them to be more carefree in their pursuits of fixing these problems, and in life overall.
@@stewmanblue8560 "Money isn't everything, but not having any is."
Is a good quote I think. I don't think my point was to downplay the significant struggles that can come with being very poor.
The west comment was more of a comparison thing. Though I am probably a bit biased living in a well of country in Europe. I've seen the way poor people are treated in the US in certain circumstances, especially those who need help with addiction(s). But still, it's a lot easier to get a solid place to live with working shower, washing machines of some sort, fridge and freezer etc. in the west.
Living paycheck to paycheck is a really unhealthy stresser if you don't have any kind of safety net, I agree. But not living paycheck to paycheck doesn't mean you don't have another stresser that is incredibly unhealthy that you can't deal with.
My point was to highlight that financial security is nowhere near a anti depressant or happiness predictor or anything like that. All it does is ease the stress for people who are otherwize very well adjusted. Those who aren't will quickly encounter something new to complain about, and I don't mean that as in they want it.
I've been in the lower class all my life and due to certain issues as an adult I find it incredibly hard to socialize etc etc. and money isn't going to change anything. In my country the state pays for mental healthcare but that isn't really something that makes a big difference for many conditions I'm afraid.
I've known several people growing up who were very well off but that didn't seem to impact their emotional state very much at all. Those who were neurotic were neurotic, I don't think having a shitty job and being poor in a western country(assuming they don't spend what money they have on some addiction or w/e) would have made them any more neurotic...just that their focus would be on money instead of something else.
In short I agree with most of what you're saying but...fixing emotional and/or mental issues usually isn't as easy as throwing around some money, I'm afraid to say. Having a healthy support network isn't a guarantee that comes with having money. In fact, money can distance you from people, make people wanna use you etc etc. You get my point.
@@stewmanblue8560 security financially is a big thing, but there's a certain point of money where it doesn't offer you more security. You just find more ways to spend it. And you'll always have every single other problem.
If money has a been a problem your whole life you're likely to see how many things could be fixed with money. The thing is, after you fix those, you'll have more problems. It's just that we worry about the most pressing things first, and money buys food and shelter.
Once you no longer have to fight and work for your needs, you can lose a sense of purpose. And often times this causes a void filled with alcohol and drugs or other addictions.
I have a friend who could probably buy everything I own with his pocket change. And I'm not poor.
But he's genuinely a cool guy, so my wife and I enjoy hanging out with him. I always thought it was odd, how happy he was when we showed up announced. After seeing some of the sycophants around him, I get now.
Reminds me of the stories about how Bill Murray will randomly show up at parties. Everyone uses it as an example of what a cool, down to earth celebrity he is, but this makes me think he's probably just really lonely.
@@joehemmann1156 not really, but it's a great strategy to interact with people who are just not interested in you, not there just for you being there. Just like a normal person who goes to a party which isn't about them. That's the reason for some artists to use masks. To be free. Being rich and famous tends to lock you up in a golden cage. 🤷🏻♂️
Thanks for being nice to him.
@@SnahLhug
RE: "Being rich and famous . . ."
"Rich" is not necessarily synonymous with "famous." The vast majority of rich people are NOT famous - not in the sense of being recognized on the street or having one's name being a household word.
"Money can't buy happiness"
But it can _RENT_ the snot out of it.
Poorness doesn't buy happiness either ! So who's better off ?
I get so pissed off when I hear someone rich saying that.
While being rich, in of itself, may not make you happy, it can certainly buy financial security. Not having to worry about next month's rent, or whether or not you can afford food, or having to decide which bills to pay, or not having to worry about going bankrupt if you end up in the hospital can certainly give you peace of mind, which can make you happier.
A better phrase would be “money doesn’t buy happiness, but it does reduce the pain and anxiety of existence”
Does the purchase of... lets call it booger sugar, qualify as renting happiness? May explain the early death of so many rich heirs.
Studies has shown that money CAN buy happiness, if you buy experiences instead of material goods.
When I was first starting out I worked at a fast-food restaurant. I got pretty good at my job and became a store lead. One of the new hires really was a nice guy but knew absolutely nothing about how to do anything. I had to teach him how to wash dishes, mop floors, and everything else. Once he learned it he was very good at it and he turned into the best worker we had. The interesting thing is his family was extremely wealthy. So much so both universities here had a building with one of his family names. While they paid for his education and books, his housing and transportation were on him to earn... And he did! Everyone liked him and other than me, no one had any idea who his family was. That was for the best as he made some long term friendships that still exist today.
If you are rich always raise your kid to be working class as much as you can. Make them do house chores. and when they become teens make them get a minimum wage job and buy and pay for most of their own stuff (you can help some from time to time. But mostly make them do things on their own).
@@Duke00x Mst acutally do not. Confirmation Bias highlights the few...but most get tutors and far more advantages that elevate their ability and luck. Reality is we arent meritocratic.
Duke00x : very good comment. 👍👍👏👏. That is also good advice for others who are not rich but make a decent income. When our kids reached driving age, they had to get a part time job to pay for the difference in our vehicle insurance payments or no driving. That was a good incentive as they couldn’t wait to drive. All three eventually did this and worked at K-Mart learning so many things but especially a good work ethic. A lot of their school friends parents paid for everything, then these young teens racked up speeding, tickets, crashed new vehicles, drove under the influence, and so on. Our teens did not do any of that as they knew that the first speeding ticket meant no more driving (plus they were to pay the horrible increase in insurance payments), if ever they drove under the influence ...... well it wouldn’t have been pretty (they knew to call us or else), etc. This also taught them that actions have consequences.
jaspr1999 Great comment. Thanks for sharing. It illustrates many excellent points!
Sounds like he had good parents
More money more solutions, opportunities, options. Money is a tool. Having more money allows you to care for you and yours. And protect them.
Only rich people can buy sex slaves. Never forget who our real enemies are
Not a single one of that is a guarantee. Rich people still commit suicide, rich people can still die from a random illness, rich people can die in crashes. Then there is a fact not everyone is good at spending. The united states is the wealthiest country in the world and we have ton of problems.
And in many cases disparage the working class, which was and still is a serious problem in the UK. Or Lucille Ball who apparently had a thing about not talking to those where 'less' than her. On the other hand we have some rich people in our family, lawyers and doctors, who generally treat us pretty well.
@@richiemitchie5346 You kinda missed his point.
Money brings more benefits then negatives.
That's it.
@@richiemitchie5346 way to miss the point. More money=less problems
Honestly, all I want wealth wise is to have just enough to be able to comfortably pay for all my necessities (food, clothing, housing, transportation) without worry and enough to put aside for emergencies, and be capable of buying/doing fun stuff on occasion.
Anything more is excessive, anything less can be problematic.
Yeah, I don't need billions or even millions. I just need to not live check-to-check.
Amen!
It's called a job. )
All I can say is.
U have an steady income, u adapt your life to it.
If income increases, your life stile does to. My experience.
@@Dmiliunas to an extent I agree. But I specifically used the word wealth, not income. Wealth is what remains when income is eliminated.
A job can lead to wealth, but not a guarantee. Many jobs in the US don't even pay a living wage for the basics, let alone to have extra for emergencies.
@@Dmiliunas
Uh yeah, we've got them. Doesn't change that living check-to-check while struggling to support a family is 100% worse than having "too much money" or anything.
Please tell me English isn't your first language...
“I’ve been rich, I’ve been poor. Rich is better.”
- Cher
I've been middle class, then poor, then middle class again. Having more money is definitely better!
This is the first time I've heard the quote attributed to CHER, lol.
Depends on your goals. If you want to be an artist like Picasso or Mozart, or get a 10th degree black belt, or be a Green Beret or be a physicist at Area 51 then traveling around and buying lothes, cars and yachts would only get in your way and waste your time. Spending money is for people that have nothing to do with their lives except wait to die.
Of course money still helps in some ways like if you want to climb every mountain in the world or be a race car driver and buy race cars etc.
Zombie Raccoons You still need immense investment to do those things - training, equipment and maintaining a decent standard of living while you do so isn’t cheap.
Actually that quote goes back at least to 1937 when Daddy Warbucks first said much the same thing in a Little Orphan Annie comic strip. But Cher made it memorable for today's audience when she said... "“I’ve been rich. I’ve been poor. Rich is better. I’ve been young. I’ve been old. Young is better. I have done so much more than I thought I would do and yet I am not finished."
Though as a somewhat wiser and reasonably comfortable retiree still in good health, I might have to disagree about the 'Young is better' part! ;-)
I think most of us would like the chance to try it for ourselves!
Right 🤣
LOL
Joshua Boykin true. But likely, whatever problems or demons you bring into bring rich, they will likely be amplified.
One life lesson I would prefer to learn on my own....
@Joshua Boykin I think the point is far more that being rich isn't as easy as it sounds.
It doesn’t suck to be rich, it sucks to be famous.
Nailed it. Keep your wealth to yourself and stay busy with a purpose and you'll be happily rich forever.
Take it from me. There's good and bad about both.
I agree... Keep the fame. Just give me the $$$.
Someone didn't watch till the fulfillment part.
Kinda difficult to keep a low profile when your neighbours notice those new ferraris you keep buying. And if you don't use the money to buy prestiguous things, then what's the point of having it in the first place?
Why it sucks to be rich video lasts 20min... Why it sucks to be poor lasts a LIFETIME!
Depends on your goals. If you want to be an artist like Picasso or Mozart, or get a 10th degree black belt, or be a Green Beret or be a physicist at Area 51 then traveling around and buying lothes, cars and yachts would only get in your way and waste your time. Spending money is for people that have nothing to do with their lives except wait to die.
Of course money still helps in some ways like if you want to climb every mountain in the world or be a race car driver and buy race cars etc.
@@GodofWhoopass My poor ass, poor health, unemployed life for the past 14 years, my entire adult life, would argue against you.
Without money, you are screwed. Period. With money, you can always get a way to go in life.
@@Zeithri how are you unemployed 14 years and alive.
Your wealthy Because you have a support circle
@@Zeithri if you've been unemployed for 14 years surely you see there's a better way to spend your time than watching TH-cam videos
Zombie Raccoons the thing is, having money does not prevent you from accomplishing any of those things. Nobody will put a gun to your head and force you to “waste your time buying clothes, cars, and yachts.” Being poor, however, can actually prevent you from doing those things due to being unable to afford the necessary materials, resources, classes, or travel.
Money can't buy happiness.
Corollary: Poverty can only afford sorrows.
"Money can't buy happiness". I call bullshit. If you live in this country, money can buy happiness. It can buy a Waverunner. You ever try to frown on a Waverunner?
- Daniel Tosh
It can buy a Ferrari, and that would make me happy. Little extra for maintenance, and I'll get by on $300,000,000.
@@sailinbob11 Why would a Ferrari make you happy? I'm asking seriously.
Depends on your goals. If you want to be an artist like Picasso or Mozart, or get a 10th degree black belt, or be a Green Beret or be a physicist at Area 51 then traveling around and buying lothes, cars and yachts would only get in your way and waste your time. Spending money is for people that have nothing to do with their lives except wait to die.
Of course money still helps in some ways like if you want to climb every mountain in the world or be a race car driver and buy race cars etc.
@@audreymuzingo933 i like em,and I gotta drive. Don't get me wrong, I love my Chevy Equinox,but if i had the means, I'd enjoy the Ferrari. Wasn't suggesting I'd die for it, or it would be the only thing that made me happy. Im 60. Live on a 1972 Allied Chance 30-30 Bluewater racing sailboat. Have for 12 years. Been through roasting summers, I live in Tampa, sailed to the keys many times, been to Belize, ridden out 3 hurricanes,and sailed before a 4th. I've been run over by 2 waterspouts( search "Thunderstorm on a sailboat, Davis Island "), and wake up to postcard quality sunrises every morning. I can go anywhere i want,and I love that old boat. Why ? Because it makes me happy,and she keeps me in shape. That's why I said what I did
I'm going to be hearing those tiny violins for weeks following this.
The tiniest of violins, singing the saddest of melodies.
Tiny golden violins, of course.
Yup the violins are deafening but I still am able to understand and symphatise.. Yay for me I guess...
Meanwhile just yesterday I discovered that I'm not able to rent even the absolute cheapest apartement for the next two years, when I'll hopefully be able to pay off all debts. So it's fucking critical nothing goes wrong during this time.
“He who has a why to live for can bear almost any how.”
― Friedrich Nietzsche
this ^
Some people rely on others quotes as they have nothing to say themselves.
Andrew Boehmer big oof here
@@MasterMalrubius Some people think they are so smart that they can come up with witty, meaningful things to say without having to resort to the literal (two meanings here) libraries of things smarter people have ACTUALLY written down.
Me? I get my rocks off by rolling a boulder up a mountain all day, every day, starting from scratch every morning. 'Tis a simple yet oddly fulfilling existence. 🤷♂️
funny how rich people claim it sucks to be rich but you dont see them giving away all their money to be happy
Exactly ! True some give to foundations which is awesome, but most of the rich I have zero sympathy for and most can kill themselves! They are literally the root of the problems of the U.S right now!
@@hailervin giving a million or 2 to charity sounds good until you realize its a fraction of a percentage of their total wealth. They spend more on clothes than charity. Than you have tue charities sucking up to them hoping for handouts. Basically just a power trip in the end
Most wealthy people don't actually have money in cash or accounts but in assets and if the sold them they would crash the economy aka the great depression.
@@johndrennan5933 I didn't know that about him...now I like him even more!!
And not only that, but many of them still try to make themselves richer.
Simon: I would prefer life to suck being rich, than that life sucking to die being poor.
Money doesn't solve all your problems, but it helps.
Solus Jackson, you’ve clearly never had enough money to solve your problems.
Bet you can't cry in a Lambo.
Sunamer Z i’ve seen a family where the kids turned against one another and their parents because their dad was a wealthy CEO. imagine spending your days knowing that your kids are waiting for you to pass on and trying to vie for the biggest share of the inheritance or that CEO spot. the whole “happy rich family” thing is a total facade. the amount of jealousy is insane. money can solve many “usual” problems, but it creates its own issues.
“CARTMAN BRAAAAH!”
@@mireille0115 Only if the family was never taught how to make their own success from what you set them up with. There are rich families which continue to get richer and then there are ones that live on the success of others.
Despite his jokes, please understand at least one thing: mental health is just as important as physical health. People need connections and interactions to remain active and healthy. Winning the lottery may buy you any material possession you want, but it won't buy you a genuine friend.
Amazing how many dumbasses think they don't need ANYBODY when they hit the lottery-,they often lose every thing and die broke.Sad,but true- the stories abound
might be able to rent one for a bit....
I can’t make a genuine friend with $10 in my bank account so having a billion wouldn’t make a difference anyways
And you're going to lose it all anyways if it is an actual lottery win, as the average person has no idea how to manage larger sums of money. Lottery winners think of it as endless, so they spend it all instead of making more money off of it like anyone raised with wealth would.
Mental health declines when you are poor. Physical health problems are the result of that.
So you get in to a downward spiral you can not easely escape from.
Rich person: "Being rich is awful, normal people can't even comprehend..."
Poor people: "I could really use some of that money!"
Rich person: "You know what, nevermind, I'm already feeling a lot better..."
Lol...
exactly lol
gates shilled for bloomberg. if he really cared about the welfare of people of the world, including those being targeted overseas, and the lower and middle classes in america, as well as sustaining the environment in a way that would prevent our grandchildren from living in an apocalyptic hellscape, he would have been shouting bernie's name from the rooftops.
APAB
Clearly you haven’t seen rich people. They never stop complaining and always have it worse.
@@BothHands1 Thank you for proving Simon's point about Bill Gates haters. As he said, stop it.
Rich person: “I have too much money.”
Me: “Well, then, you know, give it away to charity or something. It’s not rocket science.”
True but then everyone will hate you because you didn't give it to them
@@drorgangtool Just change you legal name to "charity"
@@rawx485 about 1 in 500 girls are named Charity already
Tell that to Mackenzie Scott (Jeff Bezos' Ex). Since the divorce she's been giving away billions no strings attached but she started off with so much that the wealth is growing faster than she can give it away.
Rich person gives money to charity
Poor person - You're only doing it for PR or tax reasons
My tiny violin caught fire such was the ferocity with which I stroked it.
Seriously though, people that can't handle being rich should try being poor.
You're sure it was a violin you were stroking? LOL.
I thought I was the only one that called my wooden intrumnet a violent. Mines not that tiny tho 😂
.."To someone whose bank account contains the wrong kind of zeros!" 😂😂😂😂😂😂😂😂💀
I got all the right zeros in my bank account - only problem is, they are on the wrong side of the higher digits
They’re negative zeros 😂😂😂😭
I was half expecting an April fool's day style troll where simon just says, "it doesn't" and then walking away
"Man, if only there was some way to just, give away all this money."
No one's stopping people from paying more in taxes! But, for some reason, the same people who advocate for higher taxes seem to find ways to pay as little as possible.
@@Machtyn What a stupid thing to say!
“Sucks to be rich” is a LOT BETTER alternative than “Sucks to be poor” IMH&PO
But remember the happiest countries on Earth are not always the richest countries on earth.
@@jason4275 but they're generally not the poorest, either
I'd rather be in a situation to say the former than the latter.
But it's not better to be super rich than just having an average income. You don't need to be super rich not to be poor.
"Money doesn't buy happiness"
--Says the people who've never been poor and struggled through poverty...
Yep
Doesnt buy happiness, but it buys security, safety and stability. All things that help with one’s happiness.
Money is everything if you don’t have enough
what money doesn't buy, it can rent.
It doesn't. I've been poor and struggled through poverty.
Being rich is a problem I'd be more than happy to help someone resolve.
Are you going to start recommending option trades 🤔
@@fenrirgg Join BlackBox Stocks. They will teach you to trade options.
From Fiddler on the Roof: "Lord, if money is a curse, SMITE me with it!"
If I where a rich man...
I vaguely remember once reading that the singer called Tom Jones, said that he would like to go back to the pub in the Welsh village that he came from, and offer to buy everyone in the pub a drink. But he is aware that if he did that, there would be drinkers in that pub, who would snidely remark about Tom Jones flashing his money about. But if Tom Jones went into that pub and did not offer to buy everyone in there a drink, those self-same critics would say 'Look at him! He has got all that money and he won't even offer to buy us all a drink!' Jealousy of another persons good fortune is alas all too real.
Well if you spend money on drinks for everyone in a pub you're being nice but you're not exactly helping a lot of people with that money. Instead of using that money for charity you're just giving people more alcohol. However whether it's better or worse to buy everyone a drink is another debate on the morality of pubs and alcohol.
You may be oversimplifying some things here. Firstly, yes, haters gonna hate. However, the frustration of being held down by income disparity, despite being a competent, hardworking, etc., person feels wildly damning. It very well may not be envy but anger a person feels in the Tom Jones scenario. They are, after all, the Tom Jones of their factory or office but can hardly afford to get by. Then going to the pub to drown their sorrows, and whom should walk in? There are other angles, such as systemic racism and discrimination that are being brushed over in the statement as well. It is not always as simple as haters gona to hate.
"Give it to charity" doesn't always help. As we in America just found out (but should've known with him) we've been fleeced out of a million dollars by "45" which was set to help 9/11 first responders! It's my money! All of the government's money comes from me! ...& a few other people..... But did it go where it was inteded? Did all the Wounded Warriors money go where it was intended? No. People are people and robbed us....and them! Bill Gates should keep his money..... but if he wanted to help....he could find a better way than simply throwing it out from his pockets!! (He has...and so has Warren Buffet)
Question for future video: where did "once upon a time" come from and how did it become ubiquitous with fairy tales?
"Meaningful connections to your fellow humans are one of the most fundamental urges of being a human."
Unless you are an introvert. I'll take my limitless wealth now, please.
I'm 36 and was forced to retire due to illness, I can somewhat understand but even a extra $500 a month would drasticly change my lifestyle.
Just out of curiosity, what illness causes early retirement at that age?
I'm sure I can help rich people's lives suck less, they just have to give me their money.
I remember a grillout about 15 years ago, with a friend I met through a hobby we share and who was a self made multimillionaire (about 20 mio Euros, Id guess) by age 35, coming from a very modest family background (father a mechanic who died when my friend was 14, his from then on single mother a shop assistant) and a couple of his rich friends. after a couple of beers, exactly the question arose how horrible it is to be rich (from high taxes to all the issues Simon mentioned), my friend ended the discussion by simply stating: I have tried both, rich and poor: rich is better.
I've heard about the mouse study in many contexts. I find myself grateful to have lived my life working hard for, but usually able to achieve, whatever I need and many things I want. I don't feel entitled to anything, and I appreciate what I do have, and rarely begrudge someone who has something different.
The first person who said “money doesn’t make you happy” was rich and most likley didn’t dare give it up.
Money doesn't make you happy, but I'd rather have money than happiness lol
So have you heard of this guy Buddha?
@@robertcaseydavis awww, don't be snarky now, you could explain it nicely instead of joking. Help each other out a little here, eh?
And still rich people do anything to get even richer.
This is what i mean. If i had a million and could then own and operate businesses to make a million a year instead of 50million a year (cuz i would pay high salaries) i would still be happy!
Well, there is one person in recent history who broke that rule. The former Nintendo CEO. i was shocked when i heard that this guy is ~60. But if you are that rich you just stop aging. His official reasoning for retiring was something along the lines of:
I have enough money, i'll spent time with my family.
Meanwhile Activision/Blizzard CEO:
Has several billion.
Fires 800 people to make 30 million more. (he could have probably paid all 800 of them from the money he made that year just from bonus payments)
Also continuously involved in totally not insider trading and totally not tax scam.
He also doesn't like to be portrayed with devil horns because it's bad for his dating life. You know what you have to do now.
@@fgregerfeaxcwfeffece If you're talking about Satoru Iwata, he unfortunately died in 2015. Also, yeah, fuck Bobby Kotick.
To be rich is one thing, to be rich and powerful is another. The lust for more money is the cost of that power and influence. Politicians and buying policy is not cheap. Think Citizens United.
@@mtjsmith70 Citizens United shot a dead horse. Check out Buckley v Valeo.
I dunno man, being able to afford more than half a pack of ramen a day even though I work 50 hours a week sounds pretty good....
see, this is why my kids live at home. I am not sending them out to live on nothing but pennies. They pay rent, but it is a fraction of what a 1 bedroom would be and they get cell phone, internet, cooked food, etc.
I do budgets for friends all the time, and it really does help, and there's probably a lot of youtube videos on money managing too. You should check them out- it honestly helps you sleep at night, and even see a light at the end if the financial tunnel. Most of us are taught NOTHING about money, and so the poor stay poor.
Check it out and see if it helps you personally. I hope so, and keep your head up in the meantime.
(And to be clear, I'm in no way saying its YOUR fault- There 100% IS a whole system in place to keep you poor even though you work your ass off, and that's fucked up and wrong. It makes me furious...it's no way to live and I did all the things I was supposed to in life as I'm sure you did.)
mandlerparr1 this is what parenting should be. Thank you for being a great parent.
mandlerparr1 You’re not doing them any favors. I failed to launch until I was 27, then I went through a bunch of shit when I moved out. Now I run a business and do well for myself but living at home didn’t help me with much at all.
cole Marie No there is not. You keep yourself poor. You work 40 hours a week and you think you DESERVE a weekend. But 40 hours is just the minimum, don’t take days off, work more, get out of debt. TH-cam is free. Poor is a mindset, broke is a state of being. Learn the difference. 80% of all millionaires in the US are first generation self-made from low income families.
“Money outweighing problems on the triple beam” - Sir Dewayne Carter
damn... halfway thour the arguments ive started to hear an full on orchestra of tiny violins :D
Douglas Adams wrote about these type of counsellors! He truly was a visionary.
Thanks, I was thinking of that bit too! Also (approx), "Most of these proposed solutions had to do with the movement of small green pieces of paper, which was strange, because it wasn't the small green pieces of paper that were unhappy..."
And decades ago, Woody Allen told a joke about being a doctor who specializes in diseases of the rich.
Back in the late 2000s, my then-husband and I were friends with a couple who both earned more than we did to begin with - then he inherited wealth from a family member (he wouldn't specify). He didn't say anything but it was clear from how they'd spend and travel, it was a substantial amount.
We weren't poor, but we did have times when our level of "going out to eat" was the Taco Bell down the street. Inevitably, this couple would show up out of nowhere to say "hi," *invite* us out to dinner, choose somewhere cheap for them but a bit too pricey for us, THEN, as we're on our way out the door, inform us we're buying our own dinner!
In my book, if you say you're *taking* someone to dinner (they did ), that means you're buying.
It was sooooooo awkward.
After the second time, we stopped going out to eat with them. Because of how they flaunted, but pretended not to flaunt, their wealth, it became embarrassing and stressful to hang out with them, and we "drifted apart".
I do like them - they are nice people basically - but when you've been friends with someone for years and all of a sudden, they're talking about being in Europe (repeatedly!) like they took a weekend jaunt to a timeshare somewhere nearby, it changes the dynamic.
I don't begrudge them their good fortune, but it definitely changed them.
“Sucks to be rich” damn try being poor
i don't believe it, give me the money and i'll find our for myself
Rich Person: "it's true..."
*Cries in pile of money*
This video has a lot more of a "blaze" feel to it. It feels like you weren't taking yourself quite as seriously. I like it.
So glad for the closed captioning, I couldn't hear Simon this video for an entire symphony of violins.
Haha Since I was “retired,”
I literally, and somewhat ironically, took up the violin! And.. Now I spend several hours a day trying to sound like Hilary Hahn, and, of course, failing miserably...
Try practising 40 hours a day :)
@@Doubleranged1 Now I sound like I've been practicing badly for 40 hours a day! :D
This is why studies have shown there is a certain amount of income that maximizes happiness (approximately $70k usd). Making more may have other benefits, but happiness isn't one. OTOH, having money and giving it away to causes important to you also increases happiness; I'm not aware of any studies that put a cap on the amount given away vs level of happiness. So having enough money to not have to worry about day-to-day expenses and the ability to contribute to altruistic causes really is the happiness "sweet spot", so to speak.
Finally someone who gets it
10:46 Main problem with the "utopia" is that there was no expansion of the enclosure or entertainment. It's more of a cabin fever study than anything because there was literally nothing else to do other than eat, drink and mate. The ultra wealthy people could fly to another country but these mice were stuck in an inclosure that became smaller and smaller the more mice were born.
I’d still love the opportunity to see how badly being rich sucks. 💰💵
Money doesn't buy happiness, but it's more comfortably crying in a Rolls Royce than on a bicycle.
Wait, you have a bicycle!? ;-) -Daven
Excuse me teller, I think I have the wrong kind of zeros in my bank account.
I love Simon's references to the tiny violins. LMAO!
Thank you for creating such an enlightening video. A sense of purpose really is needed, and you made me realize that. Thank you again.
First thoughts: Simon is surprisingly tame today. Second thought: oh! This is today I found out, not business blaze.
Boohoo im sad i have too much money 😭
Oh no 😭
Let me press F on the smallest keyboard
⌨
You know, this helps to understand it all more. Thank you :) I genuinely did not play the small violin once. The information about the mice was especially fascinating.
Lord... Let me win the lottery and prove that being rich wont spoil me!
Yeah, because starving to death doesn't suck as much as being incredibly wealthy...
drew
Not trying to debate or anything, but the opposite of "starving to death" is "eating oneself to death"
@@VladiSSius Not a rebuttal but poverty is usually not a choice and gluttony is.
Rich people: 'awww, it sux to have all this money'
Rich people: 'but I want MOAR!'
ROLFMAO!
Great job balancing humor, factually presenting the facts, and flippancy. 😍😂
The violin jokes 🤣
I enjoy Simon 👍🏼
Have you ever had sleep for dinner? Yeah, I'll give wealth a chance.
Some people can't even afford sleep for dinner- you sound privileged compared to them 😏
The writer of this video eats wet cat food! no joke
Damn, this shit hit home.....hard.
"Money doesn't buy happiness" said No Poor person Ever.
"It is bizarre and insane... stop it".. so hilariously put.. probably ineffective.. but well put
Take a shot every time Simon says violin. Lol
I'm depressed, and I'm not even rich.
I think I'd handle sudden wealth okay. I'd probably do what I did when I suddenly became homeless. Disappear for a year and travel, but on a much larger, and more enjoyable scale. Send a message to friends and family once a month so they know I'm still alive. 😅
no, you would not
@@brasileiroloko5375 You don't know me or anything about me, so how about you mind your business.
@@SquishySenpai youre the one that commented on a public comment section
@@SquishySenpai Why dont YOU mind your own business
@@brasileiroloko5375 You're the one that came here and made a moronic and utterly pointless response. Hell, if you'd used a few brain cells and at least gave some kind of actual criticism then that would've been fine. But instead you gave the same response a 5 year old would. Go to bed, kid. 🤣
I almost had my mind made up from the start. But thankfully, as usual, Simon validates my opinion and wins me over. Bravo, highly entertaining video.
Could anyone provide a ascript for the rrmainder of the video
I can't hear you from the concerts
“It is not in the stars to hold our destiny but in ourselves.”
― William Shakespeare
Person: "OMG this sandwich is SO good! Mmmm!"
Me: "Wow, that sandwich looks incredible! Can I have a bite?"
Person: "What? This? Oh nooo! This sandwich is terrible! I'd throw away if I could."
Me: " . . . You can. Matter fact why don't you give me the sandwich? I'd like to try and I'm quite hungry."
Person: "No no no. I need to keep this. It's so awful! But it's what I deserve. It'd be best for you to get your own sandwich"
Me: ". . . . fine." * walks away*
Person: "Mm! Amazing! OMG"
Kudos on a detailed, multifaceted examination of the phenomenon of ineffective adjustment to surplus.
"Wealth therapists??" What the actual f*ck? I'd just give it away anyway. But hey I'd do my best to jump start the economy!🤣😂🤣😂
His glasses are getting thicker.
Maybe his eyesight is getting worse
To be fair... So is that beard
Sucks to be rich, eh?
Then please transfer 10% of your TH-cam earnings to my bank account. 😁👌
Something I learned long long ago is stress and depression are relative no matter what causes it, it affects you the same way I.e. the stress of a a baby who broke their favorite crayon is as bad as the stress of a colledge studint behind on their midterm paper.... It may not seem it to the midterm one but I promise they crayon one was the worst day ever for them
The first time i learned about "money buying happiness" is the episode of Spongebob where he is super rich and everyone is his friend, but when he is out of money everyone abandons him
"Why It Sucks to Be Rich" - sounds like essay topic in some communist/socialist nations public school
The whole point of communism is the rich having an excess of wealth while the working class being left with scraps and having the working class take back the money they made with their hard work from the rich.
I love Simon as a host, but damn do you folks have some great writers for this show, and I feel like they don't get enough credit.
Thanks :-) -Daven
I’m sure Simon helps too.
@@TodayIFoundOut this is absolute poppycock, bulderdash and utter rubbish...
The insulence!!!
The insulence!!!!
Tell that to the African mother who has to watch her child die of starvation,
Tell that to the homeless people who can't get shelter
TELL IT TO ME WHO LOST EVERYTHING TAKING CARE OF MY MOTHER WHO DIED AND DIDN'T HAVE THE MONEY....
TO BLOODY BURY HER!!!
so excuse me for telling those Rich Bastards to....SUCK IT UP GUV'NOR!!!!!
I know someone that works at nice upscale restaurant as a server to pass the time, associate with coworkers , and get out while fully knowing that if she EVER had the desire, she could buy out the place AND the building! To her and her husband, both from families that slowly climbed up the ranks of society, wealth solves financial troubles but not social ones. So in their case and many of their friends/ neighbors, working is just a means to get out, associate with the common person, and to pass time as spending hours on end doing practically nothing gets boring really quickly. I do find it interesting that one of their such friends wanted to know the struggles of the poor and what it was like to be in their place so she bought a house in the ghettos and live there for 3 years!! When recounting the experiences, she said that she felt a much greater sense of community in the ghettos than her in her gated community. Also the fact that while drugs use and shootings were rampant, which instill great fear into her initially, she got used to it and would be adventurous with various illegal activities. Some of which are trying a variety of drugs, the good stuff not the street drugs that are cut with fentanyl, purchasing her very own firearm from the black market and getting really good at shooting. She eventually came to love shooting so much that she now has small collections and goes shooting on her property at least 2x a week.
Subscribed!!! Simon's channels are awesome! My son loves his business channel, lol...and he's 19...haha
All this knowledge and you don't even know that Smaug is a character from The Hobbit, not The Lord of the Rings.
Yes, or just calling out from fantasy world of Middle Earth would work as well. It is surprising considering all the facts he clearly checks out all the time. Oh well
So, isolate from most of human race. Find a hobby you enjoy. I think that covers most of the whining of the wealthy.
I see no problem with this. As long as I can order groceries and liquor, I shouldn't have to speak to another human again besides my wife and son.
Most people thrive on human connections though, Also, hobbies aren't normally lifetime joys. They're temporary, at best.
@@sasuke5494 You need to upgrade your hobbies, then. I have been doing variations of the same 3 hobbies for the last 40ish years. Skill improvement is often its own reward.
In my personal accounting course, our teacher touched on this. He mentioned something vital most people never even consider when it comes to having this much wealth: Look at how long you think you are going to live, divide your current funds today, and this is how much you have to live off of each year. Divide it by 12 months, and this is your actual monthly income. Figure out what you really need, most people do not need more than $5k a month per person. What to do with the excess? Set up CDs and such to grow the money, avoid stock market purchases, and set up a number of charitable accounts to help those in areas which matter to you. Fund animal rescue or make an old age home an improvement project - for example. Your job when you have this amount of wealth is to figure how to keep it to care for you and your loved ones. Your job is also to see how you can help make it a better world by not taking over people's choices. Lock up and have it grow and become other fund projects and see how your 'good fortune' can empower others. Always, though, pay your taxes and yourself first. Never, ever pass up paying your taxes. Never pay your bills late. Never treat staff like trash. They can and will ruin you. Having money doesn't equal having control over people nor reality. Your purpose has always been what you decide it to be. Money never had anything to do with using good sense and figuring how to make it all work.
Whenever I buy a ticket for those monster lottery drawings that occasionally pop up I develop a secret dread that I might win.
Spoken by people who’ve never been poor, how “rich”...
Well, I wrote a good percentage of this and one time I had to eat wet cat food as a kid as that's all there was... so... ;-) -Daven
Today I Found Out Fair enough, I suppose I was wrong.
Aw, for a second there I almost felt sorry for rich people, just kidding🖕🏼🤣😆
we don't care how little commies feel
I don’t know what got into Simon before this episode but I am LOVING the sass.
Simon looked like he was struggling not to laugh the entire time
Who else is watching this with like 50$ dollars in their bank account 😭
50 dollars??? You're rich yourself 😂😭
I'd be dirt poor had I not minimized my bills and controlled my spending. I work a minimum wage job and have about 150$ extra a week.
@Chris Peters Depends? Sounds weird to me since I also live on minimum wage but earn $1000 every two weeks and renting a room is only $450 per month. Maybe he's in college and doesn't work full-time 🤔
@Chris Peters he said extra, not in total.
@@TimeofRagnarok if he manages to have $150 left over each week on a minimum wage job, he shares an apartment with 1 or more people, walks or takes transit to work, eats only home-made food, buys clothes once or twice a year and has a bare bones access to the Internet (which may or may not be via a cellphone). Possibly uses the library for reading material (if he reads).
I had a livid dreams where I was digging holes for wooden fences on some Texas dirt ranch in destitute poverty and some people drove on to the ranch in a Rolls-Royce and a British lawyer told me I was the sole heir to the Duke of Hamilton in Scotland (sometimes in other similar dreams it's Northumberland). The previous Duke died along with all his brothers, sisters, sons, daughters, grandchildren, cousins, nephews, etc. in a horrendous plane crash and I was the only legitimate male heir of his body. Kind of like that movie, King Ralph. I was flown to England, gave up my US citizenship, swore loyalty to Her Majesty, the Queen and her heir, and was made the new Duke of Hamilton and Brandon, a Premier Peer of Scotland, as well as being head of both the House of Hamilton and the House of Douglas. Along with being the Duke of Hamilton, he is also Marquess of Douglas, Marquess of Clydesdale, Earl of Angus, Earl of Lanark, Earl of Arran and Cambridge, Lord Abernethy and Jedburgh Forest, Lord Machanshyre and Polmont, Lord Aven and Innerdale, and in the Peerage of Great Britain, Duke of Brandon, in the County of Suffolk and Baron Dutton, in the County of Chester.
In the dreams, I tour though the Scottish countryside, towns and cities (whose people and tenants all owe me rent) to get to know my neighbors and clan Hamilton members. A man asks me in a pub what I am going to do as the new Duke and I respond that I will maintain my enormous dukedom and build on it for the benefit of my children and heirs even though I was previously scornful for the whole ancient and ridiculous feudal peerage system of aristocrats and lords in the UK, but now I'm one and I feel compelled to make it greater for my kids. And the hope of being the next King of Scotland, of course.
What this video needs: Schindler's list music.
How sponsored is this content I wonder
@Cestro this man is either clueless to Bill Gates and not realize that he is working to cull a vast majority of the earth's population..... or the sponsorship is censoring his content. Plus he wasn't knowledgeable about 20% of the people here in America are very very wealthy, key is stuck in Burton of course. Just a small island that used to have the whole world at its feet. The Sun never set on the British Empire for a number of centuries.
I live in a town that happens to have two billionaire families. My friend owns a steakhouse that one of the members liked to frequent and I got to hang out with him every now and then while he drunkenly complained about his problems. There were points where I actually started to feel sorry for the guy, then I remembered he was a billionaire and stopped caring. But yes it's true...mo money mo problems.
Like the weight of income disparity leading to divorce and/or homelessness. Then spending the next 5 to 10 years fighting for any scrap of food until you die of exhaustion. Problems like that?
I feel like my main priority with being rich would just to be able to never work... Like, I'd rather live in an average home rather than a mansion if it meant I didn't have to work any more... Then it's like what else can I afford to do while having all my expenses covered for life? Like, I feel like showing off how rich I am isn't really something I'd ever be into... My parents are all like "Do you want a nicer car?" and I'm just like "Well, my current car works fine, I don't really care about what it looks like during the limited amount of time I spend driving, and my current car is pretty fuel efficient which is good for my money, good for my time because I need to visit gas stations less, and good for the environment which I like. So, pretty happy with it."
I do impulse buy smaller things, but like I'm not the sort to go buy a private island, a helicopter I don't know how to fly, or to just give away a ton of money to people.... All of which a person at work once described his friend doing which led to him losing a bunch of the money he won (as well as like 3 gold diggers)... Pretty sure I'd still budget limits on my impulse buying if I was rich to make sure I didn't have to work and stuff because I bought too many League of Legends lootboxes...
I also think I could avoid gold diggers just because I'm not the sort of person to carry their finances, like... With the exception that I'd maybe splurge on gifts for birthdays and such, (though not even to an extreme amount... Like, if I was rich I'd probably not go and get some super expensive ring which is only valued so much because people have decided it rather than the cost being justified by the material value... I wouldn't go super cheap either, but like if they can't handle a ring just because it's price tag is low in spite of how it looks then that's a bad sign... A lot of those diamonds I'm pretty sure they artificially limit how much get sold or something like that... Plus the difference between a cheap diamond ring and an expensive diamond ring might potentially require a microscope to really notice... People are generally just so stupid with wedding rings unless they're profiting from them...) I wouldn't want to be with someone who is just a drain and never really bringing in more than they're taking... Another thing is making sure that if you get a divorce they don't just take half your wealth or something...
Also like I've got a big library of hundreds of books with the vast majority not being new, but instead from thrift stores... If I got super rich then I'd totally not start buying books new just because they're new, but rather because they're books that I just want and that I'm just unlikely to find in a thrift store... And I'd continue to shop at thrift stores for books because it's all about being practical...
Also I don't really need work to find meaning in my life, since I don't even really believe in meaning and all the most enjoyable times have not been while I was working... Just rather nihilistic when it comes to purpose or meaning to life and I've been pretty well fine handling my boredom by being creative or just playing video games/watching videos over to course of many years and would much rather do those things more instead of doing work... Might be an unusual case, but I for one welcome the future where AI does all the jobs or at least a majority so that we move into more UBI policies...
Makes me think of a video I saw someone post once, with the stunningly arrogant description "to anyone who says money can't buy happiness."
Shot from a man's perspective, he gets out of bed and looks out the window at the forest clearing surrounding his house, before he walks into a dining room with a steak waiting. He then turns to his beautiful wife, who leads him to a pool where they splash at each other.
How long do you think it took before he got bored of any one of, or all of, those things? Yeah, having money means you can have whatever you want, but when it's that easy, how long until you can't make up your mind anymore?