If You Are Wealthy, You Should Share Your Money With Your Community
Start writing a post
Lifestyle

If You Are Wealthy, You Should Share Your Money With Your Community

If you make it big will you share with others or spend it all on luxuries?

10
If You Are Wealthy, You Should Share Your Money With Your Community

If you're a successful person in your field and made lots of money, more than your needs, what would you do with it? Most of us will buy extra things, change to a more luxurious and expensive lifestyle, but only a few would think about others or giving back to the community in a meaningful way. Often it's the people who have experienced poverty or misfortune that would want to give back. But due to the rarity of upward mobility, there aren't too many of them.

To share your wealth with others not only makes you a noble person and beloved by the people around you, but it also makes you feel good. There's a saying that money doesn't buy happiness but this is one way in which it can.

The wealth gap is becoming a huge economic problem, not only in the U.S. but all over the world. One statistic shows that the richest 1 percent has twice as much wealth as the rest of the world's population! Experts have said that this wealth gap is turning the U.S. into an oligarchy, and it's a threat to democracy as well. When the rich are getting an unfair advantage and the poor cannot rely on the government to safeguard their rights, it pushes people to revolt. This is just one way in which this wealth gap is detrimental.

While we can't easily fix the problem, there are things that each of us can do to help ease it and make the world a better place. We can start with baby steps. Professional soccer player Sadio Mane is an example of someone who used his wealth to help his community and to make a real difference. Mane, who reportedly makes over $132,000 a week, helped build a school and a stadium in his home country. Mane is originally from Senegal, a small country in Africa. He is paying every person in his hometown a monthly stipend of just over $70. These are the things that provide the less fortunate with the means to succeed and not have to depend on others or government money, of which they probably do not get. This, in turn, helps the country with economic growth.

If every millionaire and billionaire spent their money the way Mane does, we would end up with a much more productive society. It would also reduce the wealth concentration and give the less fortunate a slightly leveler playing field.

Have you changed your mind about how you will spend your wealth if you're fortunate enough to overcome your debt and become wealthy, or at least have more than the bare minimum?

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

74291
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less
a man and a woman sitting on the beach in front of the sunset

Whether you met your new love interest online, through mutual friends, or another way entirely, you'll definitely want to know what you're getting into. I mean, really, what's the point in entering a relationship with someone if you don't know whether or not you're compatible on a very basic level?

Consider these 21 questions to ask in the talking stage when getting to know that new guy or girl you just started talking to:

Keep Reading...Show less
Lifestyle

Challah vs. Easter Bread: A Delicious Dilemma

Is there really such a difference in Challah bread or Easter Bread?

46740
loaves of challah and easter bread stacked up aside each other, an abundance of food in baskets
StableDiffusion

Ever since I could remember, it was a treat to receive Easter Bread made by my grandmother. We would only have it once a year and the wait was excruciating. Now that my grandmother has gotten older, she has stopped baking a lot of her recipes that require a lot of hand usage--her traditional Italian baking means no machines. So for the past few years, I have missed enjoying my Easter Bread.

Keep Reading...Show less
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

977380
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments