Showing posts with label rich. Show all posts
Showing posts with label rich. Show all posts

Thursday, January 8, 2009

It's no Great Shame to be Poor, but it's no Great Honor Either

The words spoken by Tevye the milkman in “Fiddler on the Roof” ring loud and clear. “It’s no great shame to be poor, but it’s no great honor either.”

There is absolutely no shame in being poor. But is that really how you want to live your life? Broke, always scraping by, never being able to help anyone because you only have enough for you?

Is there something wrong with desiring more income; to increase your standard of living beyond your current level?

Many people get stuck here. After all, it was Paul who stated that “It is the love of money that is the root of all evil.” 1 Timothy 6:10 But notice here what Paul does not say in this passage. Paul does not say that money is evil, but rather the love of it. Simply put, if your motivation for more money is to worship it and make it the main thing in your life that is completely the wrong reason. King Solomon wrote that wealth is a crown for the wise.

But the desire to make more money is good. I want to surround myself with people that are making money. The more money we all make the better off our society is. The government actually had this right when they decided to send refund checks to stimulate the economy in 2008.

As long as we spend our money wisely, we all benefit when we all make great incomes. The world benefits when you make a greater income. Think of all of the organizations you could support. The ones you have yearned to support but never had the resources.

What is stopping you from increasing your income? Once you wrap your mind around this singular idea, not only does your life and that of your families change, but so does mine, the rest of America and the entire world.

Wednesday, September 10, 2008

10 Ways to Get Rich

Parade recently had a great article with Warren Buffett who is the richest man in the world. According to Warren, here are 10 ways to get rich:

  1. Reinvest your profits
  2. Be willing to be different
  3. Never suck your thumb
  4. Spell out the deal before you start
  5. Watch small expenses
  6. Limit what you borrow
  7. Be persistent
  8. Know when to quit
  9. Assess the risks
  10. Know what success really means
When the richest man in the world speaks, it's a good idea to listen.