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Lavish Life Problems: The Downsides Of Being Rich

If you ask people passing by if they want to be rich, they would say yes. Who wouldn’t want to be rich? It is the best thing in the world, or is it? Being able to do whatever you want, buying everything your heart desires, travel to places you’ve always dreamed of going, it is like life will be perfect when you’re rich right? That is why everyone wants to be rich. Money can buy all the material things in the world, but what about family, friends, people around you? If you think that being rich is what it’s like to be perfect, then keep reading because there are actually downsides of being rich.

“Being rich isn’t about money. Being rich is a state of mind. Some of us, no matter how much money we have, will never be free enough to take time to stop and eat the heart of the watermelon, and some of us will be rich without ever being more than a paycheck ahead of the game.”Harvey Mackay


When you finally have different bank accounts with a lot of zeros inside of each of them, then that’s when you know you’re rich. However, people who are not exactly on the same level as you would think that it’s all high and mighty. One of the problems with being rich is that family and friends would treat you differently. Just because you’re rich they would expect you to give the best and the most expensive gifts, they would expect you to throw lavish parties all the time, and worst of all, they would expect you to lend them money, and they wouldn’t bother paying you back since you’re so rich it wouldn’t make a difference. Not all families and friends are like this, but most of the time, this actually happens, and once you run out of money, will they actually help you get back on track? No, because you’re just like them now.

NOTE TO SELF: Don’t let your relatives and friends get used to the fact that you will always be there to financial help them. Let them know about the boundaries and that you are not responsible for them in any way.


Another major problem of rich people have, is that their children wouldn’t know the value of money. Children must be taught that money doesn’t grow on trees and that you simply cannot waste money just to get whatever you want. Rich people are often too busy making more money, that they don’t always seem to have time to guide their children when it comes to spending and saving.

Children who come from rich families are often used to getting whatever they want, whenever they want, resulting in them being spoiled. Not every rich child are like this, which is good, but most of them are. When they grow up, they wouldn’t exactly learn the hardships of making money, unless of course they were guided.

NOTE TO SELF: Rich or not, it is your responsibility to guide your children on to the right path, especially when it comes to teaching them a thing or two about money. Make time for them because they need you more than they need toys.


People would always think that when a person is rich, his or her life is technically perfect. Which is absolutely untrue, there are a lot of celebrities and businessmen who are laying in a bed full of money, but their lives are far too complicated. Most of the time, they end up not being happy with their lives, because, at the end of the day, money wouldn’t make you feel loved, money wouldn’t care if you cry, money doesn’t make the world go round.

NOT TO SELF: When people expect you to be perfect just because you’re rich, just let them. What they think must not affect you, continue doing the things that you love, help other people who need it, and most of all, be grateful because you were given the chance to be one of the people who could help them. Problems will always be there, but don’t let being rich get into your head.


Last but not the least is that people who are rich, have a lot of people who want to get close to them. Most of these people only want one thing, and that is not being your friend, but getting money as much as they can from you. It is sad, that rich people tend to have a hard time trusting other people because one wrong choice and they could lose everything.

NOTE TO SELF: Be cautious at all times, you cannot trust anyone who wants to be close to you, at the end of the day, you may be alone, but that’s okay. Keep in mind that no matter how much money you have, you wouldn’t be able to take them to your grave, so instead of giving money to those fake friends or yours, just share some to those who actually need it. Make a difference in this world, be a great example.


“Even the rich are hungry for love, for being cared for, for being wanted, for having someone to call their own.” Mother Teresa

There is absolutely nothing wrong with being rich, it can actually be a good thing, however, just like everything else in the world, being rich has its own disadvantages, but that doesn’t mean you wouldn’t work hard. It’s all about keeping everything in balance.

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