Comments on: the pursuit of wealth for the sake of others http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/ thoughtful personal finance, career and health advice Sun, 05 Feb 2012 07:46:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ralphcarlson http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-29609 ralphcarlson Thu, 27 Aug 2009 09:56:39 +0000 http://www.bripblap.com/?p=1204#comment-29609 It would be great to give without worrying about having enough for yourself but on the other hand, if giving causes no hardship doesn't it loose something. I remember the O'Henry story about the Christmas gifts shared by a young couple. Maybe they don't read him anymore. Then you have the example of the charitable foundations created by these moguls that contribute to destroying the principles that made the fortunes possible. It is not easy giving. It would be great to give without worrying about having enough for yourself but on the other hand, if giving causes no hardship doesn't it loose something. I remember the O'Henry story about the Christmas gifts shared by a young couple. Maybe they don't read him anymore. Then you have the example of the charitable foundations created by these moguls that contribute to destroying the principles that made the fortunes possible. It is not easy giving.

]]> By: ralphcarlson http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-28850 ralphcarlson Thu, 27 Aug 2009 02:56:39 +0000 http://www.bripblap.com/?p=1204#comment-28850 It would be great to give without worrying about having enough for yourself but on the other hand, if giving causes no hardship doesn't it loose something. I remember the O'Henry story about the Christmas gifts shared by a young couple. Maybe they don't read him anymore. Then you have the example of the charitable foundations created by these moguls that contribute to destroying the principles that made the fortunes possible. It is not easy giving. It would be great to give without worrying about having enough for yourself but on the other hand, if giving causes no hardship doesn't it loose something. I remember the O'Henry story about the Christmas gifts shared by a young couple. Maybe they don't read him anymore. Then you have the example of the charitable foundations created by these moguls that contribute to destroying the principles that made the fortunes possible. It is not easy giving.

]]> By: Max http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27371 Max Sat, 07 Mar 2009 03:37:47 +0000 http://www.bripblap.com/?p=1204#comment-27371 @ Deepali: how is it "super communist" to acknowledge that we all benefit from society in some way? I'd just call that common sense. But then I suppose there are many that don't possess that.<br><br>I like the idea of being wealthy to help others, so long as one doesn't become wealthy at the expense of others. I'm not thinking of Gates or Buffett here, but more like Wall Street and Big Three execs who cut jobs, feed at the public trough and then give themselves giant compensation packages. But then again, I wonder if any of them are involved in charity at all. @ Deepali: how is it “super communist” to acknowledge that we all benefit from society in some way? I'd just call that common sense. But then I suppose there are many that don't possess that.

I like the idea of being wealthy to help others, so long as one doesn't become wealthy at the expense of others. I'm not thinking of Gates or Buffett here, but more like Wall Street and Big Three execs who cut jobs, feed at the public trough and then give themselves giant compensation packages. But then again, I wonder if any of them are involved in charity at all.

]]> By: deepali http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27337 deepali Mon, 02 Mar 2009 13:12:28 +0000 http://www.bripblap.com/?p=1204#comment-27337 An improved society leads to improved individuals. If a person is made wealthy while living in society, I feel there is a certain obligation towards acknowledging the opportunities available to that person. <br />Even for those who succeed in spite of societal convention, there must be some sense of wanting to give back so that it's not so hard for the next person. <br /><br />But, at the risk of sounding super communist, I think that individuals benefit when societies benefit. An improved society leads to improved individuals. If a person is made wealthy while living in society, I feel there is a certain obligation towards acknowledging the opportunities available to that person.
Even for those who succeed in spite of societal convention, there must be some sense of wanting to give back so that it's not so hard for the next person.

But, at the risk of sounding super communist, I think that individuals benefit when societies benefit.

]]> By: Weekend Linkage - March 1, 2009 http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27333 Weekend Linkage - March 1, 2009 Mon, 02 Mar 2009 04:33:42 +0000 http://www.bripblap.com/?p=1204#comment-27333 [...] The Pursuit of Wealth for the Sake of Others @ Brip Blap [...] [...] The Pursuit of Wealth for the Sake of Others @ Brip Blap [...]

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]]> By: Square Foot Gardening Roundup | Frugal Dad http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27328 Square Foot Gardening Roundup | Frugal Dad Sat, 28 Feb 2009 13:48:59 +0000 http://www.bripblap.com/?p=1204#comment-27328 [...] The Pursuit of Wealth For The Sake of Others.  One of my motivators to building wealth is that I can give some of it away.  Admittedly, I would also like to help family first, but if I can accumulate enough I have a long list of “Secret Santa” missions I’d like to participate in! [...] [...] The Pursuit of Wealth For The Sake of Others.  One of my motivators to building wealth is that I can give some of it away.  Admittedly, I would also like to help family first, but if I can accumulate enough I have a long list of “Secret Santa” missions I’d like to participate in! [...]

]]> By: plonkee http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27322 plonkee Fri, 27 Feb 2009 10:17:32 +0000 http://www.bripblap.com/?p=1204#comment-27322 Just the other day, I was thinking about what I'd do if I won the Euromillions lottery (which I don't play but has huge prizes). Sure, I'd keep £1.5m for myself so I'd never need to work again, but I'd love to be able to give huge sums away and I was daydreaming about contributing £500k to Oxfam (third world development charity) to be earmarked for adminstrative costs. I know people don't like too much overhead, but I figure that you can't do everything with volunteers.<br><br>I take this daydreaming as a reminder that I should be giving to charity all the time and have upped my charitable donations. I don't do enough, but at least it's heading in the right direction. Just the other day, I was thinking about what I'd do if I won the Euromillions lottery (which I don't play but has huge prizes). Sure, I'd keep £1.5m for myself so I'd never need to work again, but I'd love to be able to give huge sums away and I was daydreaming about contributing £500k to Oxfam (third world development charity) to be earmarked for adminstrative costs. I know people don't like too much overhead, but I figure that you can't do everything with volunteers.

I take this daydreaming as a reminder that I should be giving to charity all the time and have upped my charitable donations. I don't do enough, but at least it's heading in the right direction.

]]> By: FFB http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27319 FFB Thu, 26 Feb 2009 12:42:21 +0000 http://www.bripblap.com/?p=1204#comment-27319 Look at Rockefeller, Buffett, Gates... Without their tireless work at becoming the best at what they do the world would be without billions in charity. Look at Rockefeller, Buffett, Gates… Without their tireless work at becoming the best at what they do the world would be without billions in charity.

]]> By: Chad @ Sentient Money http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27318 Chad @ Sentient Money Thu, 26 Feb 2009 11:54:05 +0000 http://www.bripblap.com/?p=1204#comment-27318 I look at it a bit differently. I don't think wealthy people have an obligation to help those in need. I do think wealthy people have an obligation to make society better. This maybe helping the needy, but it maybe funding college level courses at middle class high school. Those people, being middle class, aren't needy, but it may very well benefit society as a whole. Another example would be Andrew Carnegie's library system, which benefits everyone.<br /><br />I also think the people that give to charities need to be far more selective. There are so many inefficient and worthless charities, that contributers need to start holding them accountable and not just automatically giving $50 every year. I look at it a bit differently. I don't think wealthy people have an obligation to help those in need. I do think wealthy people have an obligation to make society better. This maybe helping the needy, but it maybe funding college level courses at middle class high school. Those people, being middle class, aren't needy, but it may very well benefit society as a whole. Another example would be Andrew Carnegie's library system, which benefits everyone.

I also think the people that give to charities need to be far more selective. There are so many inefficient and worthless charities, that contributers need to start holding them accountable and not just automatically giving $50 every year.

]]> By: Writer's Coin http://www.bripblap.com/the-pursuit-of-wealth-for-the-sake-of-others/comment-page-1/#comment-27316 Writer's Coin Thu, 26 Feb 2009 10:41:12 +0000 http://www.bripblap.com/?p=1204#comment-27316 Sounding very Warren Buffett, which I admire. And I only believe it coming out of his mouth. And yours, of course. Sounding very Warren Buffett, which I admire. And I only believe it coming out of his mouth. And yours, of course.

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