Life is a lesson that is all about priorities. Once we learn that we cannot have everything we want, we then have to learn what is most important to us and make that happen. For some things, huge wealth, for example, you will need to work so many hours (unless it just falls into your lap) and you will have to sacrifice family and fun to obtain it.
If people are your priority, then perhaps you need to sacrifice a certain amount of wealth. But the key to happiness in life is not to take one or the other, but to find an all encompassing balance between the many aspects of our life that we want.
For me, I have kept my ownership of "stuff" to a minimum. I have a nice home, but it is not a palace. I work the hours I want to work and socialize the hours I want to socialize.