Tag: Spend

Spend Elon’s Money

Published on by Kieran Johnson - The Generosity GuyLeave a comment

One of my favourite TV show memories was Supermarket Sweep. I was pretty young when watching it, but what I remember is that contestants got a short period of time to run around a supermarket with a trolley, grabbing as much stuff as they could and the winner was the person who had the highest value in their trolley.

I remember getting stressed out just watching it, but the idea of spending someone else’s money to get free stuff seemed like the coolest thing in my mind.

I came across a similar concept recently. Call it the most extreme supermarket sweep ever. A website where you have 30 seconds to spend as much as possible on selected items, in an attempt to use up all the allocated money. The twist is that the total figure is the net worth of Elon Musk. $166 Billion of it. Check it out here – https://www.leasingoptions.co.uk/spend-elons-money/index.html

It stresses me out as I run out of time trying to buy all the stuff with all the money. One time I spent over $17 Billion which is quite impressive in 30 seconds, but that was mostly because I bought 345 Falcon 9 Launches at $50 million a piece, which still left Elon with over $145 Billion. I think if I had longer than half a minute I could make more of a dent in the phenomenal net worth that he has, but I doubt I could spend it all in my lifetime.

What could you possibly do with that much money? What is the point of that much wealth?

We know that happiness does not increase after you earn a certain level of income, in Australia that’s about $175,000pa (we are one of the most expensive countries in the world for happiness). Without earning another cent, Elon could be happy for 948,571 years.

Don’t get me started on Jeff Bezos.

Those Billionaires will have some questions to answer about what they have done with what they have been given.

Then I turn around.

And I look at everyone in the world who earns less than I do.

All 97% of them.

Looking at me, thinking that about what I could possibly do with all that money. What is the point of so much wealth? And that I will have some questions to answer about what I have done with what I have been given.

Why We Feel Guilty When We Splurge

Published on by Kieran Johnson - The Generosity GuyLeave a comment

Have you ever gone shopping and splurged a little bit, arriving back home with more items than you had originally planned, which brings about feelings of guilt and shame, even though it is your money and you can spend it however you want?

Ever been there?

It turns out you are not alone. It’s a global phenomenon. The feeling of guilt after a splurge comes because we feel like we are stealing from other important parts of our budget. Like the mortgage, or rent or food. But, studies tell us, if we set aside money in our budget specifically to splurge then the guilt disappears. Just like that, because that money is there to be spent however you want and it gives you the freedom to do that.

It’s the same with generosity and giving. Sometimes we feel guilt when we give because there are other important things that require our finance and it can feel like we are stealing from those parts when we are generous.

If we set aside money to give away, become intentional about being generous, that will overcome any guilt we may feel and make it easier for us to make a positive difference in the world.

Be generous on purpose.