Tag Archives: greed

Millionaire women

I won’t name these people in the spirit of not picking on them.

But I’m reading a book by a woman I respect about the lives of millionaire women in the English speaking world, all of whom had a poor start in life.

I’ve been interested in abundance speakers for a time, but I officially rejected the law of attraction after 2 years and have a healthy cynicism for it and the abundance message.

I’ve also become interested in finance – not growing my own, but in the economic system.

And I’ve decided that people like these women are contributing to the poverty of others.

Some mention no spirituality or social causes. Money is an end in itself. Growth of money is an end in itself. I am querying inflation – money does not grow on its own: the markets are created that way. It is the desire for more than brings the prices of everything up – yet some people do not earn more, or not in line with the growth that profits the few.

When on Secret Millionaire, one woman spoke of how she put aside part of her £10 earnings a day to save – but she knew she was on TV for 2 weeks and that her multimillion empire would still be there when her contract finished. Did she have to pay for what so many others do out of that kind of money… bills, rent, insurance, childcare, clothes, etc? She didn’t expect a social life. She didn’t mind cleaning tables in a cafe – a job which she was lucky enough to get on her first day – because she knew it wasn’t for long.

She claimed that by investing the money that most of us spend on the lottery, we would all be millionaires. But lottery money is used for others; it is charitable giving with rewards attached. Her money growth is not benefitting anyone outside of her own circle.

The women in this book have various assistants to do the jobs they hate. They don’t shop or clean or groom their kids. They hate offices, but make employees stay in them whilst they sit by the beach and have food and fresh flowers brought to them. Can’t they see – that they expect others to have different lives and do the jobs they won’t to maintain their dream. One said – you won’t get rich by having a job. The way to make money is through passive riches, ie investment in (italics mine) other people’s companies and in property.
We all need to live under a roof, and yet this need fuels the greed of others.

Another woman spoke of how she gives the impression of being the biggest and so everyone flocks to her, and big is best in New York’s eyes. She is concerned with beating her competitors, even taking staff from them… and it’s this competition that brought in two recessions in my lifetime. Suddenly I feel an interest watching American Psycho (about Yuppies) after all.

Its’ all about people envisioning more, loving the look of money and spreadsheets, and believing that wealth – or lack of it – is simply personal responsibility and attitude. Once they have left poverty behind, they forget what it’s like, believing we can all climb the tree. But the trunk would break, and you make it impossible to have a grounded life for others.

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Things to do with £16 – or why insurance is fear based waste

I could have bought 2 cinema tickets,  or one luxury central London one

and I’d have got into many gigs and theatres for that

 

I could have eaten out or had a bottle of reasonable wine

 

I could have travelled 70-150 miles by train, return

 

I could have had entry to a major historic attraction

 

bought a top or sandals (esp. in the sale)

 

and got a lovely picturebook souvenir.

 

I also could have paid my summer gas bill.

 

Alas, this particular £16 did not do any of these useful, pleasurable things. All of these, even the bill, paid for something I tangibly had. I did have hot water for my summer of showers. I did see that film. I did ride that train, I am wearing the garment, and my body is digesting the pleasant items I put in it. My bookshelf is enhanced with the ongoing enjoyment of the book; my scrapbook bears testimony to the evening out, which I can recall much later.

 

But no – this £16 bought me nothing that I had any use or value of. Apart from the do it yourself print out, I’d wonder I’d spent it on anything at all, or if I just gave the money into the ether. For as my trip was pleasant, and without hiccup, I got nothing whatever back for the insurance I’d paid. I wasn’t going to bother, then something in the news made me think that I might end up paying far more if I didn’t. But then, wouldn’t there be excuses of why the company should not pay, how it was somehow my fault (isn’t blame key to this industry) and the paperwork would be worth £16 in my own time and frustration.

 

But it’s fear of the unknown, the what if, the makes us all believe the lie that insurance is essential. In some cases, it’s required by law – wouldn’t we all like our line of work to be used by everyone by government decree! But it is not actually a necessity. I can’t claim a refund because I didn’t need the insurance. I can’t complain legitimately. Yet I can speak out and say, insurance is based on commoditization and fear and is an immoral notion. I’m not proud to have lived in a city where a famous insurer began his business. I would never look at a suitcase and think, how can I underwrite that… let alone another life. I’d have rather kept my £16 and had something tangible and pleasurable or at least useful, and not lined the pocket of another fat cat.

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