A Balance of the Two Personally, I believe that a balance of both mindsets is needed, and the middle ground is best. The wealthier you are, the more obligated you are to other people and in turn their events, functions, etc. You live under a microscope. You may be able to buy the things you want, but you are unable to truly be you, not without sacrifice. Being poor is a struggle. Many poor struggle with mental health issues, and are unable to move ahead because of having to sacrifice one or the other. School or work so I can have a home? Drive a car so I don't have to walk 10 miles to work in the rain, or pay ridiculous insurance rates and worry about breakdowns, which may cost me my job once I lose reliable transportation. There is always a sacrifice when you're poor. If you think in the middle, you can be happy and responsible with your money, and humble. You won't self sacrifice, but you'll definitely help others from the heart and know how to remain down to earth. So in conclusion, being wealthier is better, but I think there is a stopping point if you want to be happy.