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A man has made at least a start on discovering the meaning of human life when he plants shade trees under which he knows full well he will never sit.
D. Elton Trueblood

https://tribuna.com/en/liverpoolfc/news/3486001/

It's beautiful to see this.

You could loan out 9 of the Ferrari's - for free - to 9 poor people so they have a way to get to work. Keep one for yourself so you have a way to work.

8)

Sadio Mane earns £150,000 a week (and that's not including any performance-based bonuses and sponsorships) so he could buy a couple of Ferraris every month if he wanted, but there's only so much money someone needs before it becomes unnecessary and it's nice to see people actually do something good with their money rather than just blow it all on overpriced clothes and cars. I'm surprised more players don't do it really as nobody needs the amount of money they earn. I wouldn't even know what to do with 150k a week. £150k a year would make you a very wealthy person in the UK and you'd be in the top 1% on that alone.  


Of you could probably buy thousands of cheaper cars instead and help even more.

You will know when you get there.

Have you seen this picture? This is actually a fact that always happens and will always happen.
https://pics.onsizzle.com/thats-my-dream-car-id-love-to-have-a-helicopter-31470266.png

I've thought about this for a long time, observed many people from various lifestyles, and realized that this kind of thing is actually happening.
Maybe if you have enough source of happiness like a good relationship with families and friends or a good environment, then you won't get that feeling. But if you're not that lucky?

I found valid information about this and based on research from here (https://www.eurekalert.org/pub_releases/2017-12/apa-hmp121317.php).

People live for different purposes and for those who for other people did not do anything wrong and the same goes to those who are not doing charity as there is no compulsion in charity. If you can afford it, yes. The moment you did not deny other people their own means of livelihood because you want to acquire wealth, then if you chose to not do charity, I have no issue with you. You know the effort you put in into making money to even buy one Ferrari compared to 10 which does not come cheap.

To expand on that, there's only so much money can buy to make a person happy. Once you get to that cliche status of "the man who have everything" it's even possible that being able to buy anything you want will cause an existential crisis if you can't find something to make life more fulfilling.

I'm glad that in his search for fulfillment, he found something that also benefit others.

That's true. Those jokers couldn't afford the insurance on the Ferrari's, anyway.

8)

Being rich is not bad since you always has some secured funds for medical problems or urgent issues. Being rich isn't always equal to having a happy life also. Helping people with giving them money/food/clothes for free is the worst thing that could happen. Personally I think that helping people with a job by building an industry or recruit them in a farm...etc is way better than throwing bucks for them from time to time.
In poor countries, some people have a job called beggars, no seriously they are sitting in the same goddamn place, kicking other beggars around unless they are from the same clan, asking for money with (optionally) a baby/salty dressed kid (not their obviously), if you give them pennies they may overreact and insult you, if you give them some bucks for goods (facial tissues, homemade cakes or bread...) ,they will ask you if they can keep both, the money and the good, for their poor babies...
Fast-forward, in 1 day "some" of them are gaining money twice or thrice what you obtained from your job for several hardworking days...
Someone told me a story about a guy he know begging from place to place for money, he asked him to work for him. Of course the guy refused since he is collecting money x2 the proposed salary (which is good btw)...
I may be went a little bit off-topic but this subject is pissing me off each time I think about lazy rude people getting free money while we hard-working ones suffer to get it! I am not saying that every beggar is rich but some of them are cruel so better to help someone you know, a friend, a family member, even without revealing your identity, or just offer/help them getting a job if you are rich...

a humanist wants to help his people, only as long as he has the endurance (financial, psychological, social) to do so
a capitalist would only help the humans if it would give him the maximum profit
a materialist takes the ferraris over the people

Well good for him. He was generous enough to share the fruits of his labor, which he is not required to, to those less fortunate.

This was also made easier for him considering the high exchange rate with whatever fiat Senegal is using. EUR 70 is already a big amount there. If he tried to do this in the UK, he'll only probably afford to give a monthly allowance to a few dozen families

Thank you everyone for your comments.

When you help others , its a great feeling which cannot come if you just think about yourself and facilitate yourself. One of the purpose of human mankind is to do things which can prove to be long lasting help for the mankind. Planting a tree or taking responsibility of an orphan and things like that should be encouraged in the society.

Man, I wouldn't know what to do with £1500 a week. I come from a family where both my parents combined weren't earning this much per month, so I know how to value money.  


I went through something like this but in a smaller scale, slowly realizing all the things I had dreamed of as a child and a teenager. You know those little things when you are a kid and go to your friend's house and he has a big screen TV, a home cinema setup, a console, and you're stuck on your 15" computer screen, but hey, at least you have a computer! Then you start dreaming about having a car at all, then you want a better, performance model, your own place juzt to stop living with your parents and then you go up and up the ladder. All of us do it, but most of us never reach the lambo or helicopter stage.

It's easy to do charity when you're rich. For me it counts more when someone has very little and still finds ways to share with other people. If I had millions of dollars I'd most likely be donating every year, just because after all those expensive cars, houses, private jet flights, you start looking for something good to do to satisfy your conscience. It's a  normal human behavior.

As for all those things you said about wanting more, we all were there, even if with investments. You have 1 Bitcoin, you want 2 Bitcoins, and so on.

Interesting.

If a person has very little, and shares what he has with others who have very little, he just might starve with others who have very little. The sharing has to do with his attitude, not necessarily with the results.

If you took the top 1% of wealthiest people of the world, and distributed their wealth evenly to the rest of the people, nobody would really get enough to change his life for the better.

8)

Not everyone can be rich at the same time in this world and if they see other people are in poverty rich people has no business to do with since it all from the effect of governments which ruled them and also the individuals who never stepout from their comfortzone to make money and increase their financial status.

I think the amount of money where happiness doesn't increase is around 80-100,000 -- obviously this is going to be higher or lower based on cost of living as 100,000 a year is like nothing living in NYC while in UTAH it makes you a god.

I was wrong off the top of my head -- the ideal income is 105k per year https://www.usatoday.com/story/money/nation-now/2018/02/26/does-money-equal-happiness-does-until-you-earn-much/374119002/ is the article and the link to the actual study is here - https://www.nature.com/articles/s41562-017-0277-0

But back onto the topic here.

Great ti see the rich people doing good with their money and helping people, hopefully their usage of money helps put some people, back on the right path to success.

Not true. Back in 2017 (https://www.theguardian.com/inequality/2017/nov/14/worlds-richest-wealth-credit-suisse) we reached the point where the 1% have more than half of global wealth.

A back of the envelope calculation just of US net worth (https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States), where the top 1% in the US own 40% of $100 trillion... so that's $40 trillion, then divide that amongst the 7 billion people in the world... that's more than $5k each.

But the human story beneath all this is masked by what we commonly think of as 'the 1%'.

Do you know the threshold for the global top 1% ? $32,400 pa.
http://www.globalrichlist.com/

Most of us here if we live in developed countries are lucky enough to find ourselves in the global 1%. There is huge outrage in the US, the UK and elsewhere about the wealth inequality within our societies, between the multi-billionaires and those who 'merely' earn tens of thousands per year... and far less attention is given to the global problem. We are insulated within our wealthy little cocoon economies and direct so much rage at those who are wealthiier than us, whilst comparatively little attention to those who are so much poorer.

$32,400 is wealthy in global terms. It costs $2 to donate a malaria net (https://www.againstmalaria.com/WhyNets.aspx) and save a life... and yet most of us will happily put that $2 towards a cup of coffee on the way to work instead. And we think we're poor because we're not millionaires and we have to go to work...

I am no angel myself. I give to charity but I feel like a bit of a hypocrite because I only give 1% of what I earn. The 'good' people are those out there who are doing the right thing: https://www.givingwhatwecan.org/pledge/

The extent of global wealth inequality is an absolute outrage, it is incumbent on us all to give. We can't as individuals topple governments and close tax havens and close accountancy loopholes and bring the billionaires to heel, but we can each do our little bit. Even a lazy hypocrite like me who likes a coffee can still help a small amount.

Do what you can. If you don't want to do that or it feels like too much, then just do a bit.

I stand corrected in part. Here is the difficult part to consider correctly.

If the wealth of the 1% were distributed among the rest of the world, the wealthy would no longer have it. This is important because the fact that the wealthy have wealth is the reason other people "obey" them. If the wealthy didn't have the wealth, the whole world would change. Why? Lack of incentive to do things to improve, because the ability to become exceedingly wealthy would no longer be a "thing." If it were a thing, the wealth wouldn't have been distributed from the wealthy in the first place.

So, it isn't as simple to think about as might appear at first. Without the wealthy people, the whole structure of things would have to change, including the mindsets of the poor people. Are we smart enough to envision what the world would be like under those circumstances?

8)

You can have up to 10 Ferraris and you can still have more than enough money to help the poor around you only if you wish. For you to have money to be able to buy 10 Ferraris is then means you must be a rich man. Although, not every rich people are willing to help charity home's or the poor around him or her.
Since you have the mind to help the poor in the society I pray God to bless you with wealth in all your endeavors.

That's an interesting and valid point. I'm going to end up meriting every damn post in this thread.

I would argue that monetary wealth is only a barometer of success because consumerism is so embedded in our society. We are conditioned to believe that the accumulation of monetary wealth is the primary goal in life. Further I would argue that the people who currently pursue money as the ultimate aim are not really pursuing money at all, they are pursuing power... it's just that in our societies, money equates to power. We don't live in democracies, we live in plutocracies where money rules and is the ultimate arbiter of success. Money is not the goal though, it is the route to the goal, which is power. The word 'obey' in your post is correct and helps to reveal what lies beneath money.

There will probably always be people who want power and prestige, but money doesn't have to be the path that leads to it. I'm not suggesting some unworkable communist utopia, merely that money is only powerful because we give it power; it has no inherent power of its own. Realistically there has to be a degree of inequality in order to give people something to strive for, but the inequality doesn't have to be so huge, and it certainly doesn't have to manifest as money or as the means to actually be able to get food and shelter and medicine and to survive. We can and should move beyond that.

As to what an achievable alternative could be, who knows? It is difficult to envisage something different because the current system has become so entrenched. As you say, the whole structure of things would have to change, including mindsets. It may be difficult, but that doesn't mean we shouldn't try.

But the way isn't to take the wealth from the wealthy directly. The way is to become as shrewd (corrupt?) as they are and get the wealth back from them by outsmarting them. Why won't most of us do this? Because the wealthy aren't really all that happy. And often it is their wealth that makes their life miserable.

Relax. My dad used to say that he would rather be rich and miserable than poor and miserable. I wonder what he would have said if he was rich and miserable?

8)

It is not the best way. Buy enzo or la Ferrari new. don't drive it much and don't lend to another.
Keep and they will go 5x in value in 10 yrs. Sell 2 and the poor can have the same. If the poor one need money quicker. Can get secured loan at low rate. Can get secured loan at 3percent. Then repeat with new rare model each release help more of poor ones like this.

Hey, let's consider the huge amount of money paid in tax to buy and register 10 Ferrari sports cars.
A fleet of 10 cars is also expensive to insure and service.

You don't help anyone by keeping your money in a bank, but you do a lot if you spend it on cars. I know that very well, I've spent big money on cars...