Sunday, August 24, 2014

The chase after money lifestyle and materialism

Saw this really interesting video titled "The high price of materialism". It shows why people become materialistic and how it affects our society. Many young people these days want to earn more money or become rich so that they can buy the things they want and live the life that they want. Many will choose high paying jobs which they are not even interested in. They think that with more money, they can become happier in life. However, at the end of the day when they become successful and can afford to buy the things that they want, they realise that they are still not happy. Materialism does not make a person happy.

The way forward is to promote intrinsic value. By this, we mean promoting better relationship values of being closer with family and friends, growing as a person and having a sense of greater cause to help improve the society. Success is not just about money. Financial independence is not about making a lot of money. Yes we need money for our basic needs and for survival. This is where financial independence comes in to allow us to have money for our everyday lives and not worry about having not enough money. If we choose to walk away from materialism, we can achieve financial independence faster and have the choice to do what we have passion for rather than having a life of just working and making money.  Enjoy the video!

Enjoyed my articles? 
You can Subscribe to SG Young Investment by Email 
or follow me on my Facebook page and get notified about new posts.

Related Posts:
1. What if money was no object?


  1. Financial independence is not about making lots and lots of money. It is about having enough or more than enough is the target to meet our desired lifestyle.

    Financial freedom is different. It is about making tons of money and having so much cash flow to spend without thinking e.g. they can eat at restaurant without having to check the menu price.

    1. Hi Uncle CW,

      Hmm, you're right. So I should use the word financial independence instead.

  2. Just wanna say thank you for this post and the sharing of the video. It's been quite some time since I last look at my own inner desire about financial situations, where is hidden behind the facades of materialism.
    I'll give myself and my desire a deep review because of your post.

    1. Hi eye white shut,

      It's my pleasure to share the video. I'm glad the post helped you to see the other angle of life. Its stressful to keep up with the standards of our society. But having an inner confidence to be who we are not not what others want us to be will create happiness and peace in our hearts. All the best to you!

  3. Very true! Real happiness come from inside out, materialism can only provide short term "happiness" (or enjoyment)... To be even better, let's hope many of us can be the source of happiness for others ;-)

    1. Hi Richard,

      Actually, some how most people know that material things will only provide short term happiness but we still go for it because it is something which is physical.

      We definitely can be source of happiness for others. :)