What would happen if you gave a long-term homeless man $100,000? If he wasn’t mentally handicapped, would it turn his life around? Would he suddenly be like any normal, productive citizen? Well, someone actually tested this idea in real life, as described in this video from the “Today I Found Out” YouTube channel:
As presented in the video, the mentally sound homeless man, Ted Rodrique, was given $100,000 to do with as he chose. He was even given the benefit of a financial adviser. But within a year, Ted was already broke and homeless again, now with debt he hadn’t had before. In short, Ted was slightly worse off for having been given the $100,000.
So, what was the problem? Why didn’t Ted take proper advantage of this huge opportunity thrown his way? He didn’t take advantage because he didn’t really value the things required to maintain the small fortune given to him. He didn’t value hard work, planning and discipline, but rather, living day-to-day, guided by his whims.
This points to an important truth about human nature: Our personal well-being does not depend on purely material resources, but requires that we develop certain spiritual values–i.e. goals and pursuits in our own minds. These values are not determined by our material circumstances–by how much money we have–but by our choices and the way we think. In order to have a self-sustaining well-being, or happiness, you must choose to be the sort of person who earns wealth and pursues values for yourself. If you don’t choose the proper values that allow you to be self-sustaining, then you are wholly dependent on the work of others for any “prosperity” you have and any goods you consume.