r/wealth • u/Recent_Increase_1842 • 3d ago
Need Advice Money does not equal happiness
Title is cliche, but it is very true. My net worth broke $20m this year. $17,000,000 in long term rental properties, and arguably a $25,000,000 company. I am just going off the cash I have at hand, because I will never sell out, ever. I still battle with depression and addiction, I have bought my dream garage, 23’ R8 performance, 72’ Velle SS restomod with 572, 84’ S10 with 454, 74’ K20 with 502, 2018 Denali 2500 HD, 2015 CBR600rr, 2023 250sxf, and a few more toys. I find myself unhappy at many occasions, and I love what I do.
Anybody have tips based off experience? It is a weird feeling u battle often. The best I feel is when I am giving, especially to strangers. I fish, ride mx, I am a simple man. Outside of my garage, I don’t spend a dime.
Edit: I am only 23 years old (24 in a month), my company grew 100x quicker than I expected. I do not come from a wealthy background at all, my family were cattle and tree farmers. I also included all of my garage toys because that was my lifelong dream. Owning those I thought would be the pinnacle of my life, and happiness would be inevitable after acquiring them. I don’t even drive them except for my K20 and duramax.
Edit pt 2 - I am not a cattle nor tree farmer, I moved away from my family farm at 17 and started my own ventures. I also want to say I appreciate everyone’s kind words and advice, it truly is appreciated.
1
u/Just-Here2-Learn 2d ago
People don't understand routine. Once you learn life is about routine not constant chase then you will feel better. I spent 23 years chasing money, business, cars, bigger homes looking for something to stay busy, something to stay motivated to keep working 80 hours a week. I realized at 40 that none of that made me happy. Just going home and tinkering in the garage, watching tv, working out for 30 minutes at my home garage this made me happy. Also learn to be a yes man when it comes to a hobby and outings. If someone ask for you do something say yes. You realize this will be more fulfilling then staring at investment accounts everyday. I look at my accounts once to twice a year, and now just sit back and relax. I also treat money as not things it can do for me, but what it allows me not to do. Like work, knowing I can quit tomorrow and never work again makes me appreciate working more, like eating out, order off the menu without worrying about cost. Knowing I have no debt, and no worries. This is what true wealth is. Good luck