Monday, November 13, 2006
Earn or Spend
Hi,
Lifestyle, the conditioner of our energy.
A colleague once said, "If I do not spend my time making money, I would be spending money. Make hay while the sun shines." He is past seventy years old, and for him the sun is still shining.
A golf kaki of mine asked for early retirement before he turned sixty; he succeeded in a couple of attempts. In conversation he leaked to me that he had close to a million dollars. But a couple of years later he took up a part time job; he said that he had to supplement his lifestyle. Today he works full time.
Another colleague retired on the dot at fifty five years of age. He had never been gainfully employed since. He is not rich and he lives a very simple life. He owns a re-COEed small car and he travels by public transport or by his own car whichever way it suited him. He meets his buddies regularly at lunch and keeps healthy with some casual sports. He goes on trips whenever the opportunity beckoned and there is companionship. One can say that he is healthy in mind and body and comfortable in life. His motto is, "Wealth is not how much I have; it is how I use what I have."
Three retirees with three different look at life.
One can visualise or imagine a stream. When it rains heavily, a huge torrent of water gushes along it, causing havoc, or even turning part of a river into an ox-bow lake. When the weather is normal, the water flowing is casual and calm and peaceful, and the fishes and other living things are not troubled. When there is a drought there is not much water flowing; if the drought prolongs the stream may eventually dry up.
Somehow money is akin to the water in a stream. When one has a lot of money one spends freely, splashes around along one's way. When one earns sufficiently, one spends carefully, there is balance in income and expenditure. When one's earning is inadequate, one has to be very very thrifty; and if one does not earn enough for a long long time one may have to solicit for charity ultimately.
Water in a stream meanders its own way and carves its course; ends in the sea !
Money, it dictates our purposes and moulds our lives, stays behind !
Have a nice day
Ronald
Lifestyle, the conditioner of our energy.
A colleague once said, "If I do not spend my time making money, I would be spending money. Make hay while the sun shines." He is past seventy years old, and for him the sun is still shining.
A golf kaki of mine asked for early retirement before he turned sixty; he succeeded in a couple of attempts. In conversation he leaked to me that he had close to a million dollars. But a couple of years later he took up a part time job; he said that he had to supplement his lifestyle. Today he works full time.
Another colleague retired on the dot at fifty five years of age. He had never been gainfully employed since. He is not rich and he lives a very simple life. He owns a re-COEed small car and he travels by public transport or by his own car whichever way it suited him. He meets his buddies regularly at lunch and keeps healthy with some casual sports. He goes on trips whenever the opportunity beckoned and there is companionship. One can say that he is healthy in mind and body and comfortable in life. His motto is, "Wealth is not how much I have; it is how I use what I have."
Three retirees with three different look at life.
One can visualise or imagine a stream. When it rains heavily, a huge torrent of water gushes along it, causing havoc, or even turning part of a river into an ox-bow lake. When the weather is normal, the water flowing is casual and calm and peaceful, and the fishes and other living things are not troubled. When there is a drought there is not much water flowing; if the drought prolongs the stream may eventually dry up.
Somehow money is akin to the water in a stream. When one has a lot of money one spends freely, splashes around along one's way. When one earns sufficiently, one spends carefully, there is balance in income and expenditure. When one's earning is inadequate, one has to be very very thrifty; and if one does not earn enough for a long long time one may have to solicit for charity ultimately.
Water in a stream meanders its own way and carves its course; ends in the sea !
Money, it dictates our purposes and moulds our lives, stays behind !
Have a nice day
Ronald