Why are rich people motivated by even more money?

Has it not occurred to OP that some people get paid a lot of money for doing something they enjoy and want to do?
I’d imagine Kevin de Bruyne wouldn’t enjoy the idea of playing Sunday league football whilst still able to play and compete with the best in the world.
Should Cristiano Ronaldo have retired a few years ago too?

The banker earning a fortune might actually, you know, enjoy their job?

Why would Judges stay until their 70s by your logic they’ve made loadsa cash and are just chasing more cash instead of retiring.

Should people earn up to a maximum sum and then take mandatory retirement?
 
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Not sure, but many of them seem to be weirdly tight even though they can never spend it all.

I know one, has multi-millions. Buys used cars and clothes at charity shops. Has a large house but filled with largely used furniture.

Gets paid dividends from stocks and shares, just gets tossed on to the existing pile on money. No wild benders or shopping sprees etc.
 
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Not sure, but many of them seem to be weirdly tight even though they can never spend it all.

I know one, has multi-millions. Buys used cars and clothes at charity shops. Has a large house but filled with largely used furniture.

Gets paid dividends from stocks and shares, just gets tossed on to the existing pile on money. No wild benders or shopping sprees etc.
good on him imo........ as a society we need to use less and reuse more.
I have a similar mentality (it drives my wife bonkers). i often buy 2nd hand when i can and my shoes have to be falling apart before i replace them and always get a doggy bag if i cant eat all my meal (reheated curry or pizza the next day is fab!)..... some would say I am tight, but i dont think so, i am never the last one to buy a round (and as often as not I am the 1st), but i just hate waste and like to get as much for my money as i can.

my attitude wont change regardless of how much cash i have in the bank.

The fact you think buying stuff at a charity shop or 2nd hand cars means a person is tight says more about you than it does about the person doing the buying imo. (but then i respect the fact that as someone I suspect you would also consider tight, I guess i would say that :D )

now excuse me whilst i dive into my vat of gold coins ;)
 
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Not sure, but many of them seem to be weirdly tight even though they can never spend it all.

I know one, has multi-millions. Buys used cars and clothes at charity shops. Has a large house but filled with largely used furniture.

Gets paid dividends from stocks and shares, just gets tossed on to the existing pile on money. No wild benders or shopping sprees etc.
Yeah that boggles my mind too.

My family wealth stems from farming. And those lot are the tightest of them all!
 
good on him imo........ as a society we need to use less and reuse more.
I have a similar mentality (it drives my wife bonkers). i often buy 2nd hand when i can and my shoes have to be falling apart before i replace them and always get a doggy bag if i cant eat all my meal (reheated curry or pizza the next day is fab!)..... some would say I am tight, but i dont think so, i am never the last one to buy a round (and as often as not I am the 1st), but i just hate waste and like to get as much for my money as i can.

my attitude wont change regardless of how much cash i have in the bank.

The fact you think buying stuff at a charity shop or 2nd hand cars means a person is tight says more about you than it does about the person doing the buying imo. (but then i respect the fact that as someone I suspect you would also consider tight, I guess i would say that :D )

now excuse me whilst i dive into my vat of gold coins ;)

But if you had millions.. Wouldn't you do Something with it?
Give some to charity or something?

I get not wasting it. But surely not using it at all is a waste too?
 
But if you had millions.. Wouldn't you do Something with it?
Give some to charity or something?

I get not wasting it. But surely not using it at all is a waste too?
The truth is, i will never be mega rich anyway as i just dont have the mentality.

I know those who do and hats off to them, but once i get enough money to live the life i want to live (and to be clear its still a good amount, lets say 1 mil for arguments sake)......... once i get that then i am done!. life is too short (for me personally i am not saying others should not do what they want). Men in esp 1 side of my family dont do well (i have already outlived my grandad (dead at 44 - stroke) and my uncle (dead at 21 - athsma induced heart attack) on my dads side, so lets just say i am not banking on living to 90+.
As i said earlier, the life i live right now i could probably do with £500k with interest rates as they are now, if slowly filtered into tax free savings............ but i guess it would be nice to have a bit more!.

a bird in the hand and all that!.
 
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I’d imagine Kevin de Bruyne wouldn’t enjoy the idea of playing Sunday league football whilst still able to play and compete with the best in the world.

He’s going to play in a borderline Sunday league in Saudi despite still being one of the best players in the world. There are part time players in the Saudi league and most teams play in near empty stadiums.
 
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It might be because wealth, and its constant increase, is used as a measure of "success" by society and of how others can be seen to value you and your ability i.e. if X is paid £5 for a job but Y is paid £10 then from the outside it makes it look like Y must be twice as a good at the job as X, which makes Y feel great about being rewarded with such high pay and makes X work even harder so they can paid as well as Y etc etc.

The reality is no-one is "worth" the sort of money these people are being paid, and by that point its more likely about personal ego than anything else.
 
But if you had millions.. Wouldn't you do Something with it?
Give some to charity or something?

I get not wasting it. But surely not using it at all is a waste too?

There would be no mortgages or business loans if nobody saved money. Why are savings considered so bad, and debt/spending so great?

No one is saying that having savings is a bad thing. The point is people with loads of money who still scrimp and save as though they are struggling to make ends meet. Rather than enjoying it (and so supporting the economy) giving some away or whatever. What is their goal, to be the richest body in the graveyard?
 
i know we are talking extremes and Indo see your point however in general as a society I do think it have become acceptable and almost encouraged to spend too much and save too little.
hell my clearscore keeps telling me I need to up my credit if I want to improve.my score and one person advised me to get more stuff on credit and pay off later.

I know it will never happen it is pie in the sky thinking but could you imagine if the UK didn't have a huge.deby and instead of all the money paid in interest went instead into people bank accounts (for personal debt) and into the government coffers for the actual countries debt.

I am sure I am missing something but it seems to me a lot of money is leaking out of the country and to a relatively small number of businesses servicing our debt.
I am sure people like the millionaire nasher knows are in a minority.

the ones I know may be sensible with money , but they also spend a lot of it as well.

Scrooge McDuck is somewhat of an outlier I think.
 
No one is saying that having savings is a bad thing. The point is people with loads of money who still scrimp and save as though they are struggling to make ends meet. Rather than enjoying it (and so supporting the economy) giving some away or whatever. What is their goal, to be the richest body in the graveyard?

And this is half the issue, people not knowing how money is actually used in the system. If he's worth say 3.5m, he has a 1.5m home. 500k in stocks, money used by those companies to fund the business. 1m in a pension, those pension instituations are forced to buy gov bonds, y'know the running of the country, it's pretty important. 250k in some cash accounts at a couple of banks, again, those banks use that money to create credit. And maybe he has 250k in some classic cars or something, whatever his vice is.
 
I dunno if was said already but i imagine those zeros in the investments etc give the same feels that those numbers do on a video game.

What has been said though, many are smart enough to realise life is short, and getting out of the rat race via retiring, part time work, favourable job is more beneficial, and those that don't are likely short sighted or addicted to the number gains.

E: yeah already mentioned.
 
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I'd move country to count and stay 6 months at least at a time.
You can visit much of the world in 5 years.. But you can't experience much of the world in that time.

I wish there was more time to explore for the average pleb.

You would genuinely run out of things to do before 6 months is up. We're not talking about just chilling out and admiring the view as there's probably only a few places in the world where you can genuinely get a breathtaking view.

You've also got to think travel for the rich is different to us. If we have to get across a busy city we've gotta take a slow bus/train that might take a few hours, whereas they'd fly it in 10 minutes. If we're hopping between countries you've gotta wait perhaps most of the day to catch your evening flight, they could sleep on a private chartered plane and be in the destination country before you're even awake the following day.
 
You would genuinely run out of things to do before 6 months is up. We're not talking about just chilling out and admiring the view as there's probably only a few places in the world where you can genuinely get a breathtaking view.

You've also got to think travel for the rich is different to us. If we have to get across a busy city we've gotta take a slow bus/train that might take a few hours, whereas they'd fly it in 10 minutes. If we're hopping between countries you've gotta wait perhaps most of the day to catch your evening flight, they could sleep on a private chartered plane and be in the destination country before you're even awake the following day.

No way. You could easily get 6 months out of anywhere.
Architecture, culture, scenery, walks, animals, social Stuff. You could take it at a leisurely pace. I've been living in South Wales for 4 years now and still haven't explored all the places around here. Sure. I have to work etc. But there's still plenty to go.

Even 3 months you'd still run out of time.

I probably wouldn't want to be that rich to be honest as I think id struggle to value anything!
 
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