Many people unknowingly have allowed greed to creep up in their lives. I have seen it and it is unfortunate that the people cannot see it in their own situations. I am not trying to make others feel bad about how they live life, but money has a way to change others not for the good. I understand that people never realize how their actions can easily lead to greed, but they can’t see it from an inner perspective. They feel they are living life the right way and if you argue with them, they will defend their position. I want you to think; How Greed can take over?
How Greed can take Over:
The CEO who makes 25 times employees salary, but votes to forgo annual raises of 2%.
Someone who used to make 4 grand a month, and is now making 10 grand a month, but still does not give to charity.
High earning Individuals who live in fear, work more, and horde money, instead of hiring others to allow them more free time with Family.
Someone who used to make 65K a year, and now makes 144K a year, but continues to feverishly look for work, and side hustles. I’m not knocking their hustle, but when is enough really enough?
People sharing their expenses with the world, but there is no line item for Charitable Causes. IF you don’t give now while you’re earning high income, when will you give?
The Person who has reached Financial Independence, but continues to be in the workforce out of fear. I say follow other passions, instead of filling jobs that can be used by college graduates.
The young person still living at home with parents, making 36 grand a year, and can’t find $50 dollars to buy groceries for the house or pay a nominal $200 dollars in rent.
Someone misusing money irresponsibly, and then going to family or friends to borrow funds month after month.
Sales people who have lost ethics and morals to achieve higher income while hurting others, and not servicing the client.
The small company who makes a profit margin over 20%, but will not pay for Health Insurance or 401K matching.
An Individual making 9 grand monthly online income, but pays a trusted virtual employee who contributes to the success of their site, 200 dollars a month.*
The person who makes 2 times income grandma makes, but continues to ask her for money.
I know some of these might push a few buttons, but that’s the point to wake up the inner greed that you might not know is occurring. Why continue a downward spiral if people will not check you on it. Do you know if you see things differently that you can maybe realize it and give to a charity that will possibly help hundreds of kids in need. That person making 12 grand a month in income, can give easily give $500 a month to charities, that will provide plenty of food to those in need. I believe if you achieve a specific level of success, then we all should give back in any way possible. If you make 10 grand a month, and only pay 4 grand in total expenses, you have achieved a great level of success. Obviously you have to mindful of taxes, and contributing towards retirement savings. After those two have been taken care of, I know we all can spare a few dollars to give back to a charity of choice. I know some people give anonymously, and I respect that, if you share openly that you have given back. This will empower many to follow suit. Leave a message below how you give to charity?
Comment if you have witnessed how Greed can take over?
Rich Uncle EL
*If the virtual employee only placed 2 hours of actual work towards the site, then that’s their worth. But if they worked over 10 hours than 200 dollars is not sufficient.
Pic is provided by Freedigitalphotos.net
Greed is what makes the stock market go up, fear makes it go down. Once a person has achieved, they should give back. The problem is that even if you are making 12K per month, you do not feel rich.
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I totally understand what your saying, that person making 12K should feel more secure than a person making 2K. The biggest expense for the average person is housing, and with a 12k monthly income, housing should be less than 20%. Now with all this surplus of cash flow, it only makes sense to share any amount they can spare.
I've seen #1 in action. I used to work for a company that was ranked #! in my state for "best place to work for". As time went on, more and more employees became frustrated with how the environment was changing. I eventually moved on to another job.
I have a friend that still works there and we met up for lunch recently. It turns out that during the financial crisis, the company laid off a ton of workers and has still not hired any new employees. The workers that are still there are basically working the job of 2-3 people.
In addition, they rarely get raises. The company found some guide that "shows" how most employees are earning the max for their job. The kicker is that the guide isn't even industry relevant.
In the end, the company is doing what it needs to do to hit quarterly numbers and is buying back stock. These cause the stock price to increase. All of the big wigs then cash out their stock options for hundreds of thousands of dollars. They don't care about the regular employees since they are making huge sums of money through the stock options.
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I know this happens often this is why I decided to write about a controversial topic like greed. I have heard stories of an executive directors pay being 4 x 5 times the average salary. I know we should be paid based on what we bring to the table and I doubt those directors could produce the numbers without the regular employees. I appreciate the comment and feedback.