Everybody
wants to become rich and everybody wants to know the secrets. While many are giving their opinions about
the right ways to earn, to save and to become wealthy, not all really
understand what wealth really means.
What immediately comes in our mind when we say wealthy is basically
having the bulky savings, tangible and valued properties. We can easily recall the powerful names of
the business tycoons, industry leaders, owners of the giant conglomerates, and
CEO entrepreneurs because they practically own the biggest space where we live. Although it always associated with money and
ownership but we can look richness at the bigger picture and put ourselves in
some equations. Talking about wealth is
talking about money. Giving an unsolicited advice about money matter is not my
forte. I am not expert in business, neither
a financial expert, planner nor adviser for I would be a financially stable if
I am. But learning that there are people
out there who are in debt, in dire expense and trying to make ends meet despite
earning far heftier than I am, I feel a bit confident to stand and give my
2-cent about some financial literacy.
Based
on personal experience, the big lessons in life that I’d learned the hard way
are the rejection from borrowing and knowing your limit. As soon as I able to survive the toughest
financial battle I had, I enforced myself to value the importance of
budget. Despite my smaller earning
compare to those I know collecting decent pay, I had able to manage my finance
just enough with my needs. For decades I
was never into debt except in recent year when I had a lapse of judgment of
obtaining it for the purpose of purchasing a property that was not
certain. That is another story but going
back to financial literacy, I am not obsessed in luxuries such as gadgets,
perfumes, signature apparels and food trips in fine dining restaurants. I think many people are too addicted and
hyped to join in trends taking for granted to save.
Spending
gratifies us, out of control on it will infect us into the epidemic debt. Managing money is a matter of money
mindset. I am not saying I have a robust
savings on my bank account while in fact I don’t really have but at least I
don’t have debt due to financial inflation.
But I believe and in fact practicing it that to save, you have to adhere
to the equation that goes earning less saving is equal to expenses. The speed of growing your savings is up now
on how much you will less for your savings.
Yes,
wealthy is richness. However, wealth has
different perceptions depend on the individual’s opinion. Our precooked and subjective perception is
that it’s about money and property. But
at the end of the day, it is really depends on individual how they define
wealth. For some health is wealth which
is really very true. For what is the
value of your hard earned savings if you are just using them in your severe
illness? Treasure
your health for if you are well you can work and make a savings. If wealth is being healthy, some people look
at it in a more humanitarian way where they attribute wealth into family and friends. The love, respect and care you are giving to
your family and relatives will make you rich someway. If you are kind, you will become rich in
friends because true friends are blessing that is incomparable to any amount of
monetary. Being kind is wealth that
cannot equal to any valued materials for men are not in bread alone.
It
doesn’t really has to compete for the biggest savings and assets to call you
rich for the real rich are those who can response to their needs anytime they
need, whatever it may be. It really
depends on what is your need. If your
requirements in life are to have simple foods ready on the table, attain peace
of mind in your social being and well-being, can enjoy simple less expensive happiness
and you can easily have them in any given time, then you are rich indeed. It
doesn’t really mean you need to have millions of money as long as you have the
resource to sustain your chosen lifestyle.
You may just have tenth of million but your lifestyle’s need and
requirements fit in a very low cost of living, you are rich for that amount of
wealth is more than enough to you. This
might be hypothetical but it can happen.
Learn to live within your means.
I always advise to learn the art of living the simplicity for life
should just be really simple.
By Alex V.
Villamayor
May 29, 2015
May 29, 2015
1 comment:
I remember what my previous boss quoted during our struggle days of standing in our values - "Everything has its own corresponding amount of money, just depends how much”.
Once I heard a colleague saying “sa mundong ito, pera-peralangyan” (in this world, it’s just a matter of money)
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