Of course, I’d do all the obvious things, such as getting a bigger house, a newer car, and quitting work, but beyond that, I have no interest in an extravagant lifestyle—or at least that’s what I tell myself.

By a bigger house, I mean one typical of upper-middle-class living. I’ve watched plenty of videos of people touring million-dollar mansions, and they all look too big, open, and sterile to me. I’ve seen cozier tiny homes than those. And by a newer car, I mean a 2017 model or so instead of the 2007 one I drive now.

Really, give me a nice cottage by the lake with some land and a big garage for all my tools and toys, and I’m all set. I much prefer the idea of “hidden wealth” over showing it off. I’m just kind of worried that I wouldn’t be able to live up to my own expectations if push comes to shove, and there’s really no way of testing that. Am I just kidding myself here?

I feel the same way about fame. Many people aspire to become successful YouTubers or such, but the idea of people recognizing me on the street sounds awful.

  • Azal
    351·
    6 months ago

    I’m going to assume this isn’t “lottery” ultra-wealthy where you can spend it all and suddenly be back to destitute. So you say you wouldn’t live that differently, and immediately begin with “quitting work.” That’s the first step, because being wildly wealthy does change you incrementally because in this situation you’ve just bought yourself a commodity that once spent can’t be bought back, time.

    You now have 40 hours a week that you were giving to someone else. Add on 5-10 hours for commute time (.5 to hour commute) that can get up to 50 hours for whatever the hell you want to do.

    Buying a new car just a quick glance at Carmax and you’re looking at around $13,000 for a standard sedan. Not many have that pocket change going around, much less to buy the house that at low end houses cost $100,000 so you’re done, no worries, no muss, no fuss and you didn’t give some company your money in interest because you bought for cash. And on buying houses, as competitive as the market is, buying with cash right now at least in my region is about the only way to do it.

    So lets assume you’re working from home right now, you gained back 40 hours. Hey, I want to have a party/trip/etc! Well, your buddies are all working, possibly can’t afford to go on trip, night out to eat. Offer to pay, but it’s still the getting the time off. They’ve got bills to worry about, the ones you’re not even thinking about. Sometimes they’ll show up, other times, not so much. So either you’re out fishing and working on your hobbies during that 40, or working to a new project job wise which really by this point is how the wealthy keep getting more and more money because build up a new thing, hire someone else to run it, passive income. But you don’t have your friends to hang out with, travel and the like, you’ll run into the others that don’t have those concerns because you can buy your way around inconveniences (airport seats are uncomfortable, but those lounges are nice. Why have to take connecting flights? etc) those are also going to be the ultra wealthy. And they have a standard of living that will look more and more “normal” to you. Little bit of peer pressure, little bit of “take a ride in my Lambo” and finding it fun, it’s a frog in the pot situation, you’ll go back to your roots and go “How did I live like this?”