Many people in the U.S. seem to spend an enormous amout of time and effort getting more material goods, like bigger houses and fancier cars. It has even been said that consumption is patriotic. It helps the economy, and it shows terrorists that "they haven't won."
the goal of the Industrial Revolution is to make life easier and decrease the amount of labor that is necessary to live a good life. To a large extent, it has succeeded. Life is better and easier.
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Many people in the U.S. seem to spend an enormous amout of time and effort getting more material goods, like bigger houses and fancier cars. It has even been said that consumption is patriotic. It helps the economy, and it shows terrorists that "they haven't won."
the goal of the Industrial Revolution is to make life easier and decrease the amount of labor that is necessary to live a good life. To a large extent, it has succeeded. Life is better and easier.
Unfortunately, people do not act that way. People still expect to work as long and hard as generations ago, "nine to five until you die." Many still expect to earn more money than their parents did. Tradition says that more material possessions are better, and that acquiring more stuff makes one happier.
Starting from zero, increasing the money spent causes more fulfillment. This is true as one acquires first necessities and then some luxuries. In this region of the curve, spending money feels good.
However, beyond a certain amount, more spending does not increase fulfillment. The curve levels off and even begins to drop. For example, it is good to have a house for shelter, but buying a bigger house than is required doesn't necessarily make a person that much happier.
What is the best way to find out how much is enough?
"Keep track of every cent that comes into or goes out of your life." It is necessary to know where your money comes from and where it goes. If money is important, it is worth keeping track of it.
There is some effort involved with having to account for all your money. It takes time and discipline to write down spending. But there is really no other way to get the information that you need. It is astonishing that many people have no idea where their money goes. At the end of the week, they find that their pay is gone and they don't know where it went.
Another step is to plot the results. Before following the system, income can be the same as spending. After tracking, spending goes down.
After spending decreases, there is extra money left at the end of the month. The first priority is to pay off debts. If the person has no debts to pay off, it can be saved. Through the miracle of compound interest, it starts growing.
We can call this point "Freedom."
But some people will not follow the steps. Perhaps they do not know them.

Cuz no pain, no game :P

If you put in a lot of effort and do your job well, you have money...until you spend it, or the tax rats bite them off you :P...

Cuz no pain, no game :P

If you put in a lot of effort and do your job well, you have money...until you spend it, or the tax rats bite them off you :P"Enough" you can define yourself. Every person has his own desires and once you have something, you want to achieve a higher social status. For ex. first you have your basic 'needs' such as water, food, shelter etc. you want more and more luxury as you have more money!!

So I guess some people will never have enough, they just keep wanting more and more...

Spend more then they make

Plain and simple answer:

There are two types of people who work hard and don't have money.
1. Those who work hard for others and earn very low wages since they do not have skillset to do better jobs.

2. Others who have good skillset and make good earnings but they mismanage...

Plain and simple answer:

There are two types of people who work hard and don't have money.
1. Those who work hard for others and earn very low wages since they do not have skillset to do better jobs.

2. Others who have good skillset and make good earnings but they mismanage their finances like buying expensive houses, expensive cars, blow money on gambling and partying and so on.

I will always advice everybody must save 25% of their earnings , no matter what, evenif they have to cu off their luxuries, then I doubt still they will not have enough money in their bank to carry their life easy going.

One more tip: Live life with simple living and great thinking like Warren Buffet and I donot find still someone will be without money working hard.

Good Luck.