{"id":3005,"date":"2026-06-28T21:07:17","date_gmt":"2026-06-28T21:07:17","guid":{"rendered":"https:\/\/americanmovershub.com\/?p=3005"},"modified":"2026-06-28T21:07:17","modified_gmt":"2026-06-28T21:07:17","slug":"opinion-americans-will-never-stop-trying-to-get-rich","status":"publish","type":"post","link":"https:\/\/americanmovershub.com\/?p=3005","title":{"rendered":"Opinion: Americans will never stop trying to get rich"},"content":{"rendered":"
\n

Wealth can be a delicate topic.<\/p>\n

Despite the anti-rich sentiment in far-left political circles these days (including some of the recently unsuccessful candidates for Utah\u2019s new 1st Congressional District), most people still want to join the ranks of the wealthy.<\/p>\n

Read more Teaching kids to be patriotic starts in the home<\/a><\/p>\n

And more people each year are succeeding. <\/p>\n

This isn\u2019t just an American thing, but Americans are particularly good at it.<\/p>\n

However, the bigger question may be whether they are any good at handling it. A lot has been written about the relationship between poverty and mental illnesses and emotional stress. But some experts are warning that excessive wealth can lead to stresses and problems, as well.<\/p>\n

I know, I know. You\u2019d still like to swap your current situation for some of those stresses and problems. You\u2019re not alone.<\/p>\n

Ultrawealthy on the rise<\/h3>\n

The Wall Street Journal this week reported that the number of ultrawealthy people worldwide (defined by the wealth-intelligence firm Altrata as those having a net worth of at least $30 million) soared by 14.4% last year to 556,850.<\/p>\n

Of these, 37%, by far the largest share, live in the United States.<\/p>\n

Artificial intelligence and the opportunities for investment and innovation are being singled out as a factor in this. But inheritance is a big and growing wealth-maker, as well. <\/p>\n

Bank of America reports that members of the millennial and Gen X generations (defined broadly as those aged 30 to 61) are projected to receive about $18 trillion from wills and probate courts over the coming decade. This \u201cgreat wealth transfer,\u201d as many are calling it, has already begun. <\/p>\n

Politicians can argue all day about tax policies or the divide between rich and poor. Perhaps a bigger question is whether the newly rich are prepared to handle their wealth without losing hold of the things that really matter.<\/p>\n

Relationships<\/h3>\n

David H. Rosmarin, an associate professor at Harvard Medical School and a program director at McLean Hospital, wrote an essay for Time magazine recently in which he said his interactions with wealthy people have shown him how money can \u201cweaken the very foundations that sustain psychological well-being.\u201d<\/p>\n

Money, he said, changes relationships.<\/p>\n

When money isn\u2019t an object, Rosmarin said, people no longer have to compromise, negotiate, forgive or sacrifice \u2014 things that strengthen bonds. Maturity and wisdom come through challenges. <\/p>\n

He used the example of a wealthy family whose son had a gambling problem. Rather than helping him face the consequences, the parents routinely covered his losses, totaling nearly a million dollars over several years.<\/p>\n

\u201cEach bailout was intended to help,\u201d he wrote. \u201cIndeed, this approach preserved peace in the short term by postponing difficult conversations. But the gambling worsened, and eventually so did the family dynamics. By the time they came to my office, their son was estranged.\u201d<\/p>\n

Read more Letter to the editor: Swap to a water-wise lawn<\/a><\/p>\n

Money had changed the relationship. <\/p>\n

\u201cRather than confronting a painful reality \u2014 which parents with more limited resources would have been forced to do \u2014 the parents used money to insulate themselves, thereby creating a bigger problem than had they not been so wealthy.\u201d<\/p>\n

Instead of money, the son needed boundaries and accountability.<\/p>\n

For most of us, he said, life imposes limits. With endless money, families often buy emotional distancing and pain; loneliness instead of community and belonging.<\/p>\n

Religion and faith<\/h3>\n

Religious faith can be a grounding force. Years ago, the Deseret News commented on a report by the Chronicle of Philanthropy that showed Utah and several other Bible Belt states leading the nation in charitable giving.<\/p>\n

Wealthy people tend to give less \u2014 unless, that is, they are made aware of the plight of people who are poor. In addition to religious teachings about charity, congregations often bring rich and poor together to worship and minister, offering glimpses into other socioeconomic classes. <\/p>\n

None of this is to suggest it\u2019s wrong to seek the security of greater wealth. There is something ennobling about working hard to provide security for loved ones. It\u2019s just that wealth shouldn\u2019t be all people seek. A nation filled with people who inherited wealth could easily miss the self-discipline needed to raise the next generation.<\/p>\n

Despite what any left-leaning politician might say, however, Americans aren\u2019t going to stop trying to get rich any time soon. <\/p>\n

Writing about tariffs for The Atlantic last year, Manhattan Institute President Reihan Salam and senior fellow Charles Fain Lehman cited statistics to show how deeply Americans care about wealth. <\/p>\n

\u201cRoughly 79% describe their money as \u2018extremely\u2019 or \u2018very\u2019 important to them,\u201d they wrote.<\/p>\n

\u201cAmerican parents put a far greater weight on their children being \u2018financially independent\u2019 and having an enjoyable career than they do on those children getting married or having children themselves,\u201d they said.<\/p>\n

Read more Opinion: Political differences shouldn\u2019t break our circles<\/a><\/p>\n

Which raises a whole new set of problems.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Money can be used to avoid facing consequences and tough decisions that lead to growth and strength.<\/p>\n","protected":false},"author":1,"featured_media":3004,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-3005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"yoast_head":"\nOpinion: Americans will never stop trying to get rich - American Movers Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanmovershub.com\/?p=3005\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opinion: Americans will never stop trying to get rich - American Movers Hub\" \/>\n<meta property=\"og:description\" content=\"Money can be used to avoid facing consequences and tough decisions that lead to growth and strength.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/americanmovershub.com\/?p=3005\" \/>\n<meta property=\"og:site_name\" content=\"American Movers Hub\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-28T21:07:17+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/#\\\/schema\\\/person\\\/b68c8483906c0d2987f271455f0177af\"},\"headline\":\"Opinion: Americans will never stop trying to get rich\",\"datePublished\":\"2026-06-28T21:07:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005\"},\"wordCount\":819,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/americanmovershub.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/3a0347610e3ac95b295de5bfa686680a.avif\",\"articleSection\":[\"Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/americanmovershub.com\\\/?p=3005#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005\",\"url\":\"https:\\\/\\\/americanmovershub.com\\\/?p=3005\",\"name\":\"Opinion: Americans will never stop trying to get rich - 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