So You Want to Be Rich?

Greed has always been a problem plaguing humanity, but now, perhaps more than ever, the dichotomy between rich and poor is hitting a breaking point.

There are people doing commendable jobs at companies who are worried about foreclosure or job security while C-level managers are taking home millions of dollars for mismanagement and setting up deals that benefit them and their ilk rather than the everyday people who trusted them to manage their finances.

Why should thousands of workers who are diligently completing their tasks be punished for the greed of a few? Overpaid executives cause problems especially when businesses fail, because it makes little sense that someone who is paid to return a business to profitability, and allows it to fail, makes out like a bandit.

However, there is another insidious problem that may have been overlooked. There is an instant gratification and “me” mentality that is creeping up and finally catching up with everyday Americans. These vices bring with them the belief that any means are reasonable to justify the end of “me” getting what I want, including purchased grades, cheating on tests, robbing the elderly, betraying the trust of employees and colleagues, etc. This irresponsibility and selfishness has allowed people to forget about saving money for a rainy day, and to purchase and live above their means.

Getting rich quick is all people want to talk about these days, but that’s not the way it works, and if it does, then most likely the wealth gained will be lost in just a matter of time.

Visit www.armstrongwilliams.com .

Tags Foreclosure Mortgage Real estate Real property law United States housing bubble

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