The Divine Life

Why We Were Created
a blog by Eric Sammons
February 16, 2010

Money is counterproductive

The great thing about the truth is that those with open hearts will always recognize it, no matter their state of life:

Millionaire gives away fortune which made him miserable

Austrian millionaire Karl Rabeder is giving away every penny of his £3 million fortune after realising his riches were making him unhappy.

Mr Rabeder, 47, a businessman from Telfs is in the process of selling his luxury 3,455 sq ft villa with lake, sauna and spectacular mountain views over the Alps, valued at £1.4 million….

“My idea is to have nothing left. Absolutely nothing,” he told The Daily Telegraph. “Money is counterproductive – it prevents happiness to come.”

Instead, he will move out of his luxury Alpine retreat into a small wooden hut in the mountains or a simple bedsit in Innsbruck.

His entire proceeds are going to charities he set up in Central and Latin America, but he will not even take a salary from these.

“For a long time I believed that more wealth and luxury automatically meant more happiness,” he said. “I come from a very poor family where the rules were to work more to achieve more material things, and I applied this for many years,” said Mr Rabeder.

But over time, he had another, conflicting feeling.

“More and more I heard the words: ‘Stop what you are doing now – all this luxury and consumerism – and start your real life’,” he said. “I had the feeling I was working as a slave for things that I did not wish for or need.

God bless Mr. Rabeder. Those of us who are rich – and by any historical standard that includes the vast majority of Americans – need to always remind ourselves about the power of money to make us slaves. The more we have, the more we want. Mr. Rabeder has realized that the truth that money will never make one happy.

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Finances

  1. I pray daily for all who are brave enough to serve with their whole lives.

    Please invite Mr. Rabeder to keep us informed about how his new life is coming along, and more about his charities. Perhaps he can inspire more of us to be brave enough to trust in the wisdom of following his example.

    Comment by acfyri — February 16, 2010 @ 3:01 pm

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