True Wealth
is sharing without counting
It is easier to focus
on the zeros at the end of your net worth than to consider
what you will do with the money you have.
You are off the hook if
you inherited money or won the lottery. People that
have not earned their cash usually end up one of two
ways. They hoard their wealth and become misers because
they don't know how to replace it -- or they blow their
money because it has no meaning since they did not earn
it.
Readers
of Speculation Rules earn their money - working smart and hard.
The first time you realize
you have more than enough is when you do not have to
look at the price tag or consider financing when shopping.
You can start on the road to true wealth by increasing
your giving today. So arrange your income that 10%
goes to savings and investment, and 10% goes to helping
others.
Real
wealth
creation and wealth preservation leads to ever greater
giving. You will not have real wealth however until
you can see a need and meet
the need without slowing down to consider the
cost.
The
best gifts are anonyms, they draw no praise - they
also do not draw crowds of supplicants seeking even
more. You may give up control of the use of the
gift - but if you chose the recipients wisely they
will handle their responsibility well.
Start
giving, those that will not share their
little are not likely to have much, or to share it
if they develop much. Start your habit of giving
today to show gratitude and to develop humility.
Real wealth encompasses more than money - being wealthy
includes positive personal relationships, achievement,
and your spiritual well-being. Money
is just a tool.
Create
a will or estate plan for institutions and people
that made a difference in your life or can make
a difference in other's lives. Only about 5%
of American households have included donations
in their estate plan, less than half even have a
will.
Plan
to make a difference - even if you never develop
great wealth.
Our
definition of true
wealth:
being willing and able to meet a need or grasp an
opportunity without first considering the tax consequences.
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