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How Americans are rethinking Prosperity
Old 11-25-2011, 09:40 AM   #1
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How Americans are rethinking Prosperity

Interesting article on how the current economy is causing some to rethink their prioirities...

How Americans Are Rethinking Prosperity - Yahoo! Finance

A few quotes might resonate here, like:

Quote:
The housing bust took their business down with it, but Cone has made her peace with that. "We've learned that money can come and go, but life's experiences remain with you," she says.
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Old 11-25-2011, 09:47 AM   #2
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I hope it's true, it would be a healthy shift for a culture that's largely tried to buy happiness for several decades. Clearly not a news flash on this site though, ER is about trading less money for more life experiences...
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Old 11-25-2011, 01:49 PM   #3
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For me, money and "prosperity" has long represented financial security more than it has represented a more "lavish" lifestyle.
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Old 11-25-2011, 11:32 PM   #4
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Pursuing wealth is fine as long as you have time to enjoy it.
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Old 11-26-2011, 06:38 AM   #5
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Although I have been guilty at times I believe we are a nation and culture driven by consumption gluttony. It is a difficult habit and mind set to break. Maybe the current economic climate will create somewhat of a renaissance effect, which would probably do us all some good.
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Old 11-26-2011, 08:06 AM   #6
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We see that a lot in people in West Virginia. Many certainly are smart enough to go somewhere else and have much higher incomes but don't want to give up the more laid-back lifestyle.

One lady left NYC and her $250k/year exec. position to run a muffin shop near here. She's happy with the choice.
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Old 11-26-2011, 09:00 AM   #7
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Quote:
Originally Posted by Walt34 View Post
We see that a lot in people in West Virginia. Many certainly are smart enough to go somewhere else and have much higher incomes but don't want to give up the more laid-back lifestyle.

One lady left NYC and her $250k/year exec. position to run a muffin shop near here. She's happy with the choice.
While we were in the UK this year there was a little coffee shop that we loved, in a small village about 5 miles from us that we used to walk to from time to time over the moors. The owner was a woman, probably in her early 40's, and while chatting with her one visit, after complimenting her on her home made scones, she told us that she absolutely loved her job. Three years earlier she had decided that she was fed up with being a divorce lawyer and decided she wanted a simpler, more laid back lifestyle.
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Old 11-26-2011, 09:30 AM   #8
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Three years earlier she had decided that she was fed up with being a divorce lawyer and decided she wanted a simpler, more laid back lifestyle.
Yea - good for her. Working with unsatisfied clients, drama queens and kings, and other lawyers in a highly hostile environment is stressful albeit well compensated.
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Old 11-26-2011, 09:40 AM   #9
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I was not impressed with the article. It does not introduce any facts about the state of prosperity.

But I am always impressed by comments under an article. Here is a gem:

Quote:
You'll never see a hearse with a luggage rack on it so, you might as well help those in need around you if you have the wealth to spare.
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Old 11-26-2011, 09:50 AM   #10
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A different version of what I was taught growing up. You never see a hearse with a trailer hitch so you cannot take it with you!
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Old 11-26-2011, 10:04 AM   #11
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Quote:
Originally Posted by fisherman View Post
you cannot take it with you!

But you can try..



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Old 11-26-2011, 12:43 PM   #12
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I can related to this. I feel burnout. Accumulating more wealth is no longer a driver.
Quote:
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Three years earlier she had decided that she was fed up with being a divorce lawyer and decided she wanted a simpler, more laid back lifestyle.
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