Real Wealth Requires Sacrifice

by James & Miel on March 28, 2010 · 3 comments

Hello Folks,

So, I was browsing through a copy of Felix’s Dennis’ How to Get Rich. If you haven’t read Dennis, its well worth the time to do so.

At any rate, whenever I come back to Felix’s book it makes a ton of sense to me. For example, check out this quote:

Never yet have I met a self-made rich man or woman whose family or personal fortunes were not plagued by the burden of creating a fortune, even a small fortune. A rocky marriage; lack of time spent with children; the substitution of expensive gifts to repress guilt created by their frequent absences from home; the concern that their children have grown used to privilege and are consequently slacking in their education or lacking in ambition – all of these come as part and parcel of self-made wealth“.

- How To Get Rich, p. 91.

The great thing about this quote is that it illustrates one of the key things about making money – it requires sacrifice, time and effort. For example, my wife Miel has a high paying job here in Washington DC, but the price we have to pay for her success is that she is often in Africa. This means we can’t really have a normal marriage.

Our blogging is also illustrative of Dennis’ point. For example, to run this blog takes a good two hours per day of administrative work, drafting articles, marketing, HTML work, networking, etc., etc. This often cuts into Miel’s professional time or my study activities at the University. For the revenue the blog brings in, we have to do a lot of work. In other words, there isn’t any real way around the sacrifice required to make serious money.

Best,

James



{ 3 comments… read them below or add one }

1 Anonymous March 30, 2010 at 10:22 am

What you don't talk about is are the sacrifices you make worth it to you to make the extra money. I ponder this question all the time. For my husband and I it is a constant balancing act. What is the point of making the money if it can't afford us the life style we want because we are too busy to enjoy life. And on the flip side, are you that much happier with so much more free time if you don't have the money to go enjoy activities etc. I'd love to hear your experience.

2 Anonymous March 31, 2010 at 2:06 pm

The quotes are disturbing, and odd that you would use them as a lesson that sacrifice of personal relationships is worthwhile. We make a very comfortable living, and sacrifice nothing, especially not time together. I used to think that the extra bit of $$ was important until my husband got cancer at 29, and now I realize it matters not.

3 Dual Income No Kids March 31, 2010 at 3:43 pm

@ Anon2 – something tells me you aren't rich.

There is no way around the sacrifice if you want to gain wealth.

Best,

James

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