Would you work for $2000 per month if family trust gives you $7000 a month?

Then if he is happy, that's fine. I have discovered that even if I had lots of money I would do some work for the challenge and for the change. Although it would be a minimal part of my life as I have many things that I enjoy doing that bring little or no money return and that is also fine.

Hi 1hopefulman, I think we just have to find something to do to create meaning in life. Some people can spend all their time doing religious activities, but most of us cannot. Some people have the desire to travel the whole world but most of us find that two weeks to a month is enough vacation time. Some people, such as my friend, belong to those that do not even like to step out into the world. They have no desire to do something different from their daily routine.

Hi 1hopefulman, the culture of hard work runs in his family. They do not have high education, and they rely on their hard work and willingness to get their hands dirty to get rich. They do not speculate in anything either. They have lands, and they have a cash generating family business. This person actually comes from neighboring country. He used to be a jungle guide when he was at his homeland. I think he comes here for the sake of his children. The educational system here is better than his country, and he wants his children to be better educated than him. If he does not work, I doubt he can survive long. Some people just have a very simple life as in eat, sleep, work and they do not want to sit around and relax.

Yes of course, saving is key and setting examples is definitely key. We don't want to spoil our children with thinking they can have everything. THough I've seen that today, it's scary really and sad. Children should be taught the value of money.

Hi Somecowgirl, I think that is a very good idea, especially if you still have a family to support. I think many parents will set a good example by continuing to work even if they do not need the money now. At least they can teach their children that money does not fall from sky, and that they have to rely on their own working ability to support themselves. I think the only time when you can consider retirement is after the children have graduated from college, and have good jobs. By then, your investment will help to support you. Even if you do not have the trust fund, you can still use the same method to build up a retirement nest. It just takes a bit longer.

Hi Somecowgirl, I think those who come from a background of hard work and poverty will teach their children very well. At least they have their good examples to impart values to the children. Sometimes, those honest and hardworking parents are better in managing their money. They do not have much bad habits, and they always save money, pay up their house, and buy land. When their land appreciates in value, their children and grandchildren benefit.

Hi Minx267, I think he continues working so that he can avoid facing his mother in law the whole day. He is staying with his wife, children and mother in law. His mother in law actually does not live in this country, but she likes the weather here. His father in law just passed away, and so he let his mother in law continued staying with him. I think if I were him, I would work very long hours in the factory too. Who likes to face mother in law every day?

I think minx is right, we all need something purposeful to do . Besides avoiding the mother in law.

LOL. while that is a good reason.. I bet feeding a family can get expensive. and schooling.. it is best to save up your money while you can. Thanks @GardenGerty - I have heard there are many stories of people who retire only to pass away shortly after.. as if without something to do.. there was no reason to keep getting up in the morning... :(

Hi Adhyz, I think my friend does not know what is career! I doubt anyone can call a laborer as embarking on a career. After all, carrying heavy things is not really a step to anywhere. With his family wealth, he could have started a business or something better, but he is not the kind of persons who like to worry about financial matter or use his brains. That is why he chooses to sweat out as a laborer. I think you have the right idea about keeping guard on family wealth. $7000 a month is a lot of money. We cannot assume that we can use up all the money that ancestors leave behind.

Hi Adhyz, I still write a few articles now and then. Most of the times I spend here, Webanswers, my blog, and playing Dungeons and Treasures for cash. I still spend time rating articles in Helium in order to cash out my passive income, and I still post a few new articles in Triond. Sometimes, I repost the content from Triond to Redgage.

hm...it surpriseing if want to be laborer... scheng, do you still write for triond??

Hi Huilichan, I think if we have kids, we would have saved the money for the kids too. I think it is natural that parents want to provide for the children, so that they do not start working life paying debts for many years. It is a pity that many children take on educational loan, and have to work for many years to pay it off. Even before they finish paying the loan, they might have other loans, such as mortgage for the house. I think that is the reason many parents try to save as much as possible, so that their children do not get into so much debt.

If you are married and have kids, your kids must be very fortunate.:)

Hi GardenGerty, I think it all depends on our family circumstance. if we have children, we might want to continue working as long as we can, partly to serve as a model for children, and partly to save the money for their college education. If we are single, and do not plan on a family, maybe volunteering is a better choice. At least we are finding a bigger family to bring happiness to them.

Hi Sacmom, yes, that is a good idea. It is good when we can decide to work for satisfaction rather than work for money. I think my friend is really fortunate to have a steady income from his family trust. But he belongs to the kind of persons who cannot stay idle. Volunteering is not his cup of tea too. Besides, he does not have much hobby, except to enter casino to try his luck every now and then. I think if he stops working, he would gamble away all his money.

Hi Tinkerick, I think my friend rather enjoys his work. He is not that smart, and does not enjoy thinking. He just likes to do simple jobs that do not need him to think. After all, just carry heavy loads do not need high intelligence. He can idle around when there is no work to be done. I think he also likes to mingle with people in the same level as him, talking about family, money and other things.

typo words missing" I am not him and am not having any idea of what i would do." sorry

Hi Hatley, I understand what you mean. I think even if you have the money from the family trust fund, you might want to work and spend only the money you have earned. Some people have no problem with spending the money of their hardworking ancestors. However, most people are not like that. They know that they have to treasure their inheritance, since their ancestors work so hard for it. I think we all have a kind of independence that we valued, especially financial independence.

Hi Soapies, yes, my friend is indeed very lucky to have ancestors like that. I think his ancestors were all very hardworking and thrifty. Looking at the way my friend works, I think he still carries the good genes of his ancestors. Just too bad he is not good at using his brains. He could have invested his money wisely, so that the dividend will exceed even his trust fund.

Hi Redvakaurvaki, if you have young children, you would not think about spending the $7000 on luxury. You would think about the children, and how much they need for college education, as well as their marriage and housing problem. All these expenses are still in the future. I think starting a business is good. Even wise investment is a better choice than spending on luxuries. I think my friend just does not know how to enjoy life. He does not see the need to travel the world, or buy luxuries or spend on restaurant food. He belongs to the class of simple people who work hard, save hard, and get rich.

Hi BannedHelsing, if we just have the money and nothing else to do, I think we will die of boredom soon. Starting a business is a good idea, since we have another source of income, we would not worry too much about capital funding problem. I agree that $7000 is a lot of money. Most of us are happy with even half of that as our take home salary.

Hi AgentGulaman, yes, spending our own money is definitely better and sweeter than spending money that we do not earned. It is worse to spend our ancestors' money, knowing that they had to work very hard in order to provide for their children, grandchildren and so on. At least if we win lottery, we do not feel as if we are making use of somebody. I think even if we like working, we might stop working for money once we have enough. We can start to work voluntarily so that we find more happiness.

Hi Jsae, if you have stable income from family trust fund, I think you can even start a business and work for yourself. If you have a good business, you can even teach your children to manage the business, so that they do not have to work for other people. It is true that work provides achievement. But then the better way is to invest the money, and then use the money to help other people. I think many rich people find it happier to use their wealth to help people, instead of always working for money.

Hi Dragon54u, yes, you are right in reading his character. He is a very simple man in a sense. He needs to work and sweat in order to live. Some people just cannot relax or spend whole day reading or surfing internet. He is one of those people who do not have high education, and prefer to work at job that does not require thinking. Even though his family is rich, he still wants to have something to do. Back in his home town, which is a small place in the middle of nowhere, he worked as a jungle guide. This is the kind of job that suits him. He moves over here, with his family. His children can get better education in my country. But he never changes much, except to spend time in casino when he is not working for the weekend. I think he much prefer to work than to stay home.

Hi dodo, I would like to have something to do every day too. When money is not a problem, then I can find something fulfilling to do. I think the best is to serve as volunteer in some organizations, so that we can take off as and when we want, and still find satisfaction in helping others. i think I would learn more about investment, so that the money can grow, and I have more to help others.

Hi Maezee, actually it is not US$2,000, it is S$2,000. There is not much difference now, since the Singapore dollar is very strong, and US dollar is getting very weak. I think if you have a monthly income of $7,000 from your family trust, and you still earn $2,000, you would have the ability to buy big house and large tract of land in your country.

Hi Acrossnation, that is good to hear. It shows that you are very hardworking and have a good attitude towards money. Most people do not think so far ahead, they just think about spending money. I think most of us still prefer to earn our own money, so that we can spend without feeling guilty. After all, family trust fund is the result of the hard work of the ancestors. It is not good to think about spending, and forget that ancestors work very hard. I think the hardworking gene runs in my friend's family. He does not have high education, yet he does not mind doing overtime and carry heavy loads.