A few things to keep in mind about money/wealth/status, which everyone craves so much:
- No one cares about your wealth as much as you do. Others don’t admire your possessions. They only imagine themselves having said possessions.
- The more money/wealth/status one displays, the more the envy/jealousy/hatred that is likely to build up against them. Some of the richest people in the world live very frugally.
- Money and wealth are good, as long as we control them and not the other way around.
- Wealth brings freedom, because it can buy time. One can then choose what to do with their time, rather than live by the rules of someone else. This is an end goal for most, rather than a starting point.
- Spirituality helps build wealth, as it emphasizes reducing desires and sense pleasures, which in turn reduce expenses. Savings can then be invested. Wealth is the gap between what you have and what you want or spend.
- You can only really afford something, if you can buy 2 or 3 or 4 of the that same thing.
- It is important to teach your kids to be self sufficient. Giving them big allowances now will allow you to see them happy today, but they will struggle in the future, unable to understand the value of money, and left without survival skills.
- What amount of wealth / money you desire is something only you can decide. Comparisons will only hurt.
- The happiness from giving is infinitely more than that from getting.
What are your thoughts on money?
Jai Shree Krishna Mahesh Ji,
Your posts are very nice full of positive thoughts. From today I couldn’t understand first line of 4th Point and Last line of 5th point. Please elaborate.
Jsk Sarita ji, really appreciate you for taking the time to read, and to comment. The first line of the 4th point is “Wealth brings freedom, because it can buy time.” This is just to emphasize the point that people think if we have a lot of money, we will be free. But actually it is not money that is the most scarce resource, rather it is time. And to some extent, you can exchange money / wealth for time. For example, if I am a billionaire, I do not need to go to office 5 or 6 days a week to just support my family, and can instead use the time for other purposes. The last line of the 5th point is “Wealth is the gap between what you have and what you want or spend.” This is to emphasize that wealthy or rich is a relative measure. If I don’t need much, if I live a simple life, then I can be wealthy even by being a millionaire, and don’t need to be a billionaire. It is very personal and subjective. Hope this helps, and even I’m only learning, so could be wrong!