Go to main Forum page »
In 1966, our family moved from Richmond, England, to Maryland after my father accepted a position with the World Bank—an opportunity too good to turn down. His early work took him across Africa, but in 1972 he was assigned to Bangladesh for what was meant to be a two year posting. It became four. For three young boys and our four year old sister, it proved to be an experience that stayed with us for life. During the school year, us boys were sent to boarding school in England, but holidays were spent in Dhaka or Dacca as the capital was called back in the 70’s.
Bangladesh at the time had roughly 70 to 75 million people, in a country about the size of Iowa. It had just emerged from a brutal war of independence that left infrastructure destroyed and the economy barely functioning. Poverty wasn’t something you read about, it surrounded you. Mothers cradled their malnourished babies, unable to produce breast milk. Children in torn clothes and bare feet begged at intersections. Homes were built from scraps of tin, wood, and plastic. Clean water was scarce or non existent. Illness was common with no medical care . Even living in Gulshan, one of Dhaka’s quieter neighborhoods, the contrast between our surroundings and the desperation just beyond them was impossible to ignore.
The mid-1970s brought even greater hardship. Food shortages worsened, and the famine of 1974 left lasting scars. Lines formed for rice. Malnutrition among many became more visible. There was a sense that many families were simply trying to make it through another day. As children, we didn’t fully understand the politics or economics behind it. What we understood was hunger, uncertainty, and how fragile daily life could be.
Those years quietly shaped our relationship with money. Food was never to be wasted. Having more than you needed carried an obligation. Bragging about possessions felt uncomfortable, especially when you had seen how little others had. Security, having enough food, a stable home, and some financial cushion, mattered far more than status or appearances. Generosity wasn’t theoretical—it was simply what you did when you recognized how easily circumstances could be reversed.
I didn’t realize it at the time, but those experiences formed my definition of wealth. It wasn’t about the size of a house, the car in the driveway, or the balance in an investment account. Wealth was having enough food, enough stability, and enough margin to help someone else. Everything beyond that felt like a bonus.
Bangladesh today has more than 170 million people and has made enormous progress. But the lessons from those years never left me. Whenever markets rise, spending creeps up, or comparisons tempt me, I think back to those streets in Dhaka. They remind me that money isn’t just for comfort or accumulation—it’s for security, humility, and, when possible, compassion.
Once you’ve seen how little some people live on, the goal stops being to have more. The goal becomes knowing when you already have enough.
Thanks Andrew. I feel that having a global and historical perspective really helps to reminds us of our own good fortune.
Absolutely! I feel very fortunate to have traveled so much when I was young.
Andrew, this is a powerful reflection—thank you for sharing it.
It seems to me there are at least two different lessons someone could take from experiences like yours.
One is: I don’t need to make much to live in solidarity with the poor. That can lead to a simpler, more restrained life—and there’s something honorable in that.
But I’ve come to believe there’s another path that may carry even greater responsibility: to earn as much as one is able, in order to give as much as possible.
Making more doesn’t have to mean living more lavishly. It can mean expanding your capacity to be generous. In that sense, income becomes less about personal consumption and more about stewardship.
Seeing real need doesn’t just redefine “enough”—it can also redefine what we’re responsible for.
Perhaps the goal isn’t choosing between simplicity and abundance, but holding both together: living simply enough to stay grounded, while earning purposefully enough to give meaningfully.
Wise words William, and to extend your good fortune to others makes for a meaningful life and legacy you can leave behind.
Grat post, Andrew! I remember reading about the war Bangladesh was involved in during my junior high school years. Your post sure makes one thankful for some of those “basics” you described that others don’t have. Great reminder about the basic purposes of money!
Thank you Dave. It’s hard to fathom we moved there after the war and then to be faced with several significant coups during 1975-1976.
Great post. I fear some will never have a good retirement because they fail to understand what their “enough” truly is. If you don’t know what “enough” looks like, no amount of money will ever feel like “plenty.”
Thank you Mark, and how true your words of wisdom are.
Great post, Andrew. You gained a perspective from your experience that many people miss. And you portrayed it well.
Thank you Edmund for your kind words. Young people need to travel and be exposed to different cultures, so many lessons can be learned.
Thank you for sharing your family’s story.
Thank you Kristine, I appreciate you reading my article
Thanks Andrew for an excellent, thought-provoking article. I love your reminder about the purpose of money – “security, humility, and, when possible, compassion”
Thank you Rick for your
comment, compassion to give to those less fortunate. And they will remember you for your kindness.
Thank you. Great piece, very interesting childhood! Sadly, some people never have enough.
Thank you, isn’t that the truth.