“There are things money can’t buy. I don’t think standard of living equates with cost of living beyond a certain point. Good housing, good health, good food, good transport. There’s a point you start getting inverse correlation between wealth and quality of life…
I have everything I need to have, and I don’t need any more because it doesn’t make a difference after a point.”— Warren Buffett
That quote might make way more sense if it wasn’t being said by one of the all-time richest men in the entire world. But there’s a strange way in which it’s more credible coming from Buffet, who is famously
cheap frugal in the way that he lives, especially when one considers his literally unimaginable wealth.
Buffet knows first hand that no amount of money can purchase what isn’t for sale at any price. Beyond obtaining the basic necessities of a healthy life, money is never going to be the route to happiness, because more is never enough.
Most of us who read this blog will know this to be true because of the joy we experience when we work in the garden, or savor a cup of tea, or laugh with a loved one. If you are reading this post, chances are good that you are rich! Maybe not financially, but in all the ways that really count, the blessings among us are abundant.
You may be thinking something along the lines of what my friend Ashleigh Brilliant once wrote: “All I ask is a chance to prove that money can’t make me happy.” Most of us will never get that chance, but we need look no further than the headline stories in the news to see the “inverse correlation” Buffet mentions, creating all sorts of havoc in countless lives. We don’t need to find out first hand about that inverse correlation. It’s all around us.
Instead, let’s focus on the positive truth of his claim. What will you be doing today that might inspire Buffet to point to you and say “See what I mean about quality of life that can’t be bought?” You are invited to meet Sheila and me on the Virtual Verandah for an imaginary tea party, and share some of your own
cheap frugal comforts with us there, or in the comments below. While you are at it, enjoy that clever “Foolish dragon” haiku at the Motley Fool article linked above. It makes me smile every time I see it.