"A good name is rather to be chosen then great riches." 

  What this quote means is that being a good person where everyone can look up to you is better than all the money you can possibly get. We don't have to be rich to get happiness. For example, if someone has a lot of money and prefers that over their family later they'll regret it because family is more important than money. Also, money isn't always going to be there for you like people who care about you. It just comes and goes.People do many bad things cause of money.