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	<title>Comments on: Is Being Rich Important for Living the Ideal Life?</title>
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	<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/</link>
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		<title>By: John</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-644222</link>
		<dc:creator>John</dc:creator>
		<pubDate>Fri, 21 Jan 2011 11:43:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-644222</guid>
		<description>The idea of being rich is one which is determined by each person. Some people won&#039;t be rich even with 10 million bucks. Others can do quite well with 50 grand a year.

It&#039;s all a matter of how much money it takes for you to be free to do the things you love and experience life to the fullest. For a lot of people, the actual sum needed will be a lot less than what they may believe is true at the moment.</description>
		<content:encoded><![CDATA[<p>The idea of being rich is one which is determined by each person. Some people won&#8217;t be rich even with 10 million bucks. Others can do quite well with 50 grand a year.</p>
<p>It&#8217;s all a matter of how much money it takes for you to be free to do the things you love and experience life to the fullest. For a lot of people, the actual sum needed will be a lot less than what they may believe is true at the moment.</p>
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		<title>By: AH</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-447607</link>
		<dc:creator>AH</dc:creator>
		<pubDate>Sat, 24 Jul 2010 08:05:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-447607</guid>
		<description>quote : Money is just an easy way to measure of how influential you are. Bill Gates didn’t get rich because he had a printing press in his basement. He grew wealthy because he made things that people all over the world want.

This is beautiful !!!

however, might not always reflect the reality......
for example, an old-aged 60 years old man doing a perfect cleaning job needed all over the world want.......but far from getting rich, he just barely got enough for daily food......

Different nature/kind of jobs paying different amount of dividend......
Many smarties choose well-paid jobs without necessarily matching their interests......

Cleaning shits are VERY important job for the public all over the world want.......otherwise unclean shits left in a place can cause lot of problems......BUT cleaning shits are just not well-paid !!!</description>
		<content:encoded><![CDATA[<p>quote : Money is just an easy way to measure of how influential you are. Bill Gates didn’t get rich because he had a printing press in his basement. He grew wealthy because he made things that people all over the world want.</p>
<p>This is beautiful !!!</p>
<p>however, might not always reflect the reality&#8230;&#8230;<br />
for example, an old-aged 60 years old man doing a perfect cleaning job needed all over the world want&#8230;&#8230;.but far from getting rich, he just barely got enough for daily food&#8230;&#8230;</p>
<p>Different nature/kind of jobs paying different amount of dividend&#8230;&#8230;<br />
Many smarties choose well-paid jobs without necessarily matching their interests&#8230;&#8230;</p>
<p>Cleaning shits are VERY important job for the public all over the world want&#8230;&#8230;.otherwise unclean shits left in a place can cause lot of problems&#8230;&#8230;BUT cleaning shits are just not well-paid !!!</p>
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		<title>By: P.E.P for Week of July 5-July 9, 2010 &#124; Prairie EcoThrifter.com</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-446430</link>
		<dc:creator>P.E.P for Week of July 5-July 9, 2010 &#124; Prairie EcoThrifter.com</dc:creator>
		<pubDate>Mon, 19 Jul 2010 20:29:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-446430</guid>
		<description>[...] Grocery Items Known to Man- 100+ things you can do with 6 common items. Amazing!!&#160;(@lenpenzo)Is Being Rich Important for Living the Ideal Life?- is money really the key to happiness? Here is one bloggers view.&#160;(@scotthyoung)5 Steps [...]</description>
		<content:encoded><![CDATA[<p>[...] Grocery Items Known to Man- 100+ things you can do with 6 common items. Amazing!!&nbsp;(@lenpenzo)Is Being Rich Important for Living the Ideal Life?- is money really the key to happiness? Here is one bloggers view.&nbsp;(@scotthyoung)5 Steps [...]</p>
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		<title>By: P.E.P For Week of July 5-July 9, 2010 :: Prairie EcoThrifter.com</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-445911</link>
		<dc:creator>P.E.P For Week of July 5-July 9, 2010 :: Prairie EcoThrifter.com</dc:creator>
		<pubDate>Sat, 17 Jul 2010 15:20:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-445911</guid>
		<description>[...] Is Being Rich Important for Living the Ideal Life?- is money really the key to happiness? Here is one bloggers view.&#160;(@scotthyoung) [...]</description>
		<content:encoded><![CDATA[<p>[...] Is Being Rich Important for Living the Ideal Life?- is money really the key to happiness? Here is one bloggers view.&nbsp;(@scotthyoung) [...]</p>
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		<title>By: Top 10 Personal Growth Blogs to Inspire Action &#124; Reading For Your Success</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-445130</link>
		<dc:creator>Top 10 Personal Growth Blogs to Inspire Action &#124; Reading For Your Success</dc:creator>
		<pubDate>Wed, 14 Jul 2010 17:57:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-445130</guid>
		<description>[...] favorite recent post: Is Being Rich Important to Living the Ideal Life? So right [...]</description>
		<content:encoded><![CDATA[<p>[...] favorite recent post: Is Being Rich Important to Living the Ideal Life? So right [...]</p>
]]></content:encoded>
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		<title>By: Is Being Rich Important for Living the Ideal Life? &#171; Ludwik C. Siadlak &#8211; Social Media Coach</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-444471</link>
		<dc:creator>Is Being Rich Important for Living the Ideal Life? &#171; Ludwik C. Siadlak &#8211; Social Media Coach</dc:creator>
		<pubDate>Mon, 12 Jul 2010 15:00:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-444471</guid>
		<description>[...] Continue reading on Ludwik C. Siadlak&#8217;s shared items in Google Reader [...]</description>
		<content:encoded><![CDATA[<p>[...] Continue reading on Ludwik C. Siadlak&#8217;s shared items in Google Reader [...]</p>
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		<title>By: Scott Young</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-444427</link>
		<dc:creator>Scott Young</dc:creator>
		<pubDate>Mon, 12 Jul 2010 09:12:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-444427</guid>
		<description>Tom,

Yes--money is often correlated with value. But it&#039;s a danger to confuse things simply because they often go in the same direction.

For example, traffic for this blog. I could rightfully argue that traffic is a good indicator of value and helping people with their problems. After all, if I have 10,000 visitors I&#039;m likely helping more people than if I have 100. However, if I make traffic my objective, I may make decisions which no longer help more people while increasing traffic. I might start writing flashy link-bait articles which get tons of traffic from websites with visitors who barely read more than the headlines.

The same is true with money. Yes--on the whole, earning more money tends to mean you&#039;re producing more value. But that&#039;s not how we make decisions. I don&#039;t choose between being a homeless person subsisting on welfare and being a pioneering entrepreneur billionaire. Decisions are made at the margins: I can choose to focus on one project today instead of another.

In these margins, the correlation between money and value is a lot weaker. For example, I know of several steps I could take that would likely increase my income without significantly increasing my value. I know of dozens (if not hundreds) of steps I could take which could increase the value I offer without making me a cent richer.

So, yes, I agree with you that money is (ideally) a reward for doing good work and helping society. However, if helping society is truly your goal (and not simply being rich), it&#039;s important to note that there is a distinction between the two and they don&#039;t always lead to the same decisions.

-Scott</description>
		<content:encoded><![CDATA[<p>Tom,</p>
<p>Yes&#8211;money is often correlated with value. But it&#8217;s a danger to confuse things simply because they often go in the same direction.</p>
<p>For example, traffic for this blog. I could rightfully argue that traffic is a good indicator of value and helping people with their problems. After all, if I have 10,000 visitors I&#8217;m likely helping more people than if I have 100. However, if I make traffic my objective, I may make decisions which no longer help more people while increasing traffic. I might start writing flashy link-bait articles which get tons of traffic from websites with visitors who barely read more than the headlines.</p>
<p>The same is true with money. Yes&#8211;on the whole, earning more money tends to mean you&#8217;re producing more value. But that&#8217;s not how we make decisions. I don&#8217;t choose between being a homeless person subsisting on welfare and being a pioneering entrepreneur billionaire. Decisions are made at the margins: I can choose to focus on one project today instead of another.</p>
<p>In these margins, the correlation between money and value is a lot weaker. For example, I know of several steps I could take that would likely increase my income without significantly increasing my value. I know of dozens (if not hundreds) of steps I could take which could increase the value I offer without making me a cent richer.</p>
<p>So, yes, I agree with you that money is (ideally) a reward for doing good work and helping society. However, if helping society is truly your goal (and not simply being rich), it&#8217;s important to note that there is a distinction between the two and they don&#8217;t always lead to the same decisions.</p>
<p>-Scott</p>
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		<title>By: Scott Dinsmore</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-444386</link>
		<dc:creator>Scott Dinsmore</dc:creator>
		<pubDate>Mon, 12 Jul 2010 04:15:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-444386</guid>
		<description>This is one of the best and most appropriate blog posts I&#039;ve read in a while Scott! So right on. I am a firm believer that money is only useful to a point, and that point is a lot lower than most people think. Once major needs are taken care of then all of lifes other abundances are what&#039;s most important. I just finished a book Stumbling on Happiness that hit this right on the head. Society has to convince us that money is the end all goal so that the citizens will continue to do all they can to produce and consume and grow the economy. A bit self fulfilling. I think Ill choose your route.

Very well done, 

Scott</description>
		<content:encoded><![CDATA[<p>This is one of the best and most appropriate blog posts I&#8217;ve read in a while Scott! So right on. I am a firm believer that money is only useful to a point, and that point is a lot lower than most people think. Once major needs are taken care of then all of lifes other abundances are what&#8217;s most important. I just finished a book Stumbling on Happiness that hit this right on the head. Society has to convince us that money is the end all goal so that the citizens will continue to do all they can to produce and consume and grow the economy. A bit self fulfilling. I think Ill choose your route.</p>
<p>Very well done, </p>
<p>Scott</p>
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		<title>By: Split Cents</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-444310</link>
		<dc:creator>Split Cents</dc:creator>
		<pubDate>Sun, 11 Jul 2010 22:13:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.scotthyoung.com/blog/?p=1753#comment-444310</guid>
		<description>Rob has a great point, and something I&#039;ve been thinking about a great deal lately. I have a friend who is constantly running in place, desperately seeking an extra buck here or there--she freelances, tutors, works occasional second jobs, etc. But she *never* accounts for her own time when deciding whether something is worth it. In the end, she ends up with the same income but is always exhausted and swamped. 

There are so many investments that don&#039;t relate directly to wealth, but could ultimately pay much greater dividends in the long run: staying healthy, learning new skills, keeping friends, networking with colleagues, etc.</description>
		<content:encoded><![CDATA[<p>Rob has a great point, and something I&#8217;ve been thinking about a great deal lately. I have a friend who is constantly running in place, desperately seeking an extra buck here or there&#8211;she freelances, tutors, works occasional second jobs, etc. But she *never* accounts for her own time when deciding whether something is worth it. In the end, she ends up with the same income but is always exhausted and swamped. </p>
<p>There are so many investments that don&#8217;t relate directly to wealth, but could ultimately pay much greater dividends in the long run: staying healthy, learning new skills, keeping friends, networking with colleagues, etc.</p>
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		<title>By: ciphone c5 GPS wifi smart windows 6.1 phone $246.64 &#124; Apple iPhone 4G</title>
		<link>http://www.scotthyoung.com/blog/2010/07/05/is-being-rich-important/comment-page-1/#comment-444224</link>
		<dc:creator>ciphone c5 GPS wifi smart windows 6.1 phone $246.64 &#124; Apple iPhone 4G</dc:creator>
		<pubDate>Sun, 11 Jul 2010 13:57:40 +0000</pubDate>
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		<description>[...] Archive &#187; Helping Others Develop Systems Savvy: Learning from Zappos, Leadership, and DesignIs Being Rich Important for Living the Ideal Life? &#171; Scott H YoungSVAT VU301-C High Resolution Weatherproof Indoor/Outdoor Night Vision Color Surveillance CCD [...]</description>
		<content:encoded><![CDATA[<p>[...] Archive &raquo; Helping Others Develop Systems Savvy: Learning from Zappos, Leadership, and DesignIs Being Rich Important for Living the Ideal Life? &laquo; Scott H YoungSVAT VU301-C High Resolution Weatherproof Indoor/Outdoor Night Vision Color Surveillance CCD [...]</p>
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