Money-what is it? These are pieces of paper that have official imputed worth added to them. Let's think about this for a moment: what is it that makes money valuable?
We all know and have discussed about the qualities and the effective ways on making money. We want the steps to attain financial freedom and read all there is to know about wealth building. This is all well and good but there is one more thing you must know about money-it must circulate.
Money has value only when it is in circulation. Making money is an otherwise pointless task if you have no plans on using it. It sounds simple enough but unfortunately, many individuals are unmindful of its relevance to them. Too many people have sacrificed their quality of life on the altar of the promise of wealth building opportunities.
An example of such a person is old Mr. Chapman. He used to go around streets looking for junk that others have discarded so he can sell them off for whatever amount he can get. Mr. Chapman had never become rich because he lived the same way until he died after several years.
When he died, there were no known relatives who lived nearby so the police came to account for whatever was left in his home. As you can expect, the house was filled with old memorabilia and furnishings from all the years he roamed the streets. What was unexpected were the boxes of cash that amounted to more than $100,000 that was stashed away in his place.
You would think that $100,000 is the very definition of financial freedom; but not one person could say that the elderly junk dealer was ever a success. He had the dusty money, but because he never used it for himself or other people-the cash was as good as the old cast-offs he used to collect.
This is not to mean you spend all that you earn and live in a foolhardy fashion-- not at all. Money is meant to be used for you to enjoy a quality of life everybody deserves to have. Be prudent in your handling of finances, but never lose sight of the purpose and place money has in your life.
We think that poor Mr. Chapman was a foolish old man who should have known better but really, many people who become rich are guilty of the same crime of accumulating without really using their wealth well. Ultimately, your success lies not in the amount you have amassed-- but by the life you have lived.
We all know and have discussed about the qualities and the effective ways on making money. We want the steps to attain financial freedom and read all there is to know about wealth building. This is all well and good but there is one more thing you must know about money-it must circulate.
Money has value only when it is in circulation. Making money is an otherwise pointless task if you have no plans on using it. It sounds simple enough but unfortunately, many individuals are unmindful of its relevance to them. Too many people have sacrificed their quality of life on the altar of the promise of wealth building opportunities.
An example of such a person is old Mr. Chapman. He used to go around streets looking for junk that others have discarded so he can sell them off for whatever amount he can get. Mr. Chapman had never become rich because he lived the same way until he died after several years.
When he died, there were no known relatives who lived nearby so the police came to account for whatever was left in his home. As you can expect, the house was filled with old memorabilia and furnishings from all the years he roamed the streets. What was unexpected were the boxes of cash that amounted to more than $100,000 that was stashed away in his place.
You would think that $100,000 is the very definition of financial freedom; but not one person could say that the elderly junk dealer was ever a success. He had the dusty money, but because he never used it for himself or other people-the cash was as good as the old cast-offs he used to collect.
This is not to mean you spend all that you earn and live in a foolhardy fashion-- not at all. Money is meant to be used for you to enjoy a quality of life everybody deserves to have. Be prudent in your handling of finances, but never lose sight of the purpose and place money has in your life.
We think that poor Mr. Chapman was a foolish old man who should have known better but really, many people who become rich are guilty of the same crime of accumulating without really using their wealth well. Ultimately, your success lies not in the amount you have amassed-- but by the life you have lived.
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