Money Wisdom

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Please let your children read this, it maybe too late for some of us but if you are young its the right time

There was a one hour interview on CNBC with Warren Buffet, the second Richest man who has Donated $ 31 billion to charity.

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Here are some very interesting aspects of his life:

  1. He bought his first share at age 11 and he now regrets that he started too late!
  2. He bought a small farm at age 14 with savings from delivering newspapers.
  3. He still lives in the same small 3-bedroom house in mid-town Omaha, which he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
  4. He drives his own car everywhere and does not have a driver or security people around him.
  5. He never travels by private jet, although he owns the world’s largest private jet company.
  6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. He has given his CEO’s only two rules.

Rule number 1: do not lose any of your share holder’s money.

Rule number 2: Do not forget rule number 1.

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  1. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.
  2. Bill Gates, the world’s richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became devotee of Warren Buffet.
  3. Warren Buffet does not carry a cell phone, nor has a computer on his desk.

I always knew I was going to be rich. I don’t think I ever doubted it for a minute.

Warren Buffett

His advice to young people: Stay away from credit cards and invest in yourself and Remember:

A: Money doesn’t create man but it is the man who created money.

B: Live your life as simple as you are.

C: Don’t do what others say, just listen to them, but do what you feel good.

D: Don’t go on brand name; just wear those things in which u feel comfortable.

E: Don’t waste your money on unnecessary things; just spend on people who are really in need.

F: After all it’s your life then why give chance to others to rule.

The above may not make you Warren Buffet. However it will surely make you successful and bring you more wisdom.

A Must Read: Kindly Spare some time

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The 99 Club

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Once upon a time, 🏰there lived a King who, despite his luxurious lifestyle, was neither happy nor contented.

One day, the King came upon a servant who was singing happily while he😊 worked. This fascinated the King…

Why was he, the Supreme Ruler of the Land, unhappy and gloomy while a lowly servant had so much joy.

The King asked the servant, ‘Why are you so happy?’

The man replied,
‘Your Majesty, I am nothing but a servant. My family and I don’t need much – just a roof over🏠 our heads and warm food to fill our tummies.’🍲

The king was not satisfied with that reply. Later in the day, he sought the advice of his most trusted advisor.

After hearing the King’s woes and the servant’s story, the advisor explained, ‘Your Majesty! I believe the servant is not a part of The 99 Club.’

‘The 99 Club? What exactly is that?’ the King inquired.’👥

The advisor replied, ‘Your Majesty, to truly know what The 99 Club is, place 99 Gold coins in a bag and leave it at this servant’s doorstep.’💰

The servant saw the bag, took it into his house and opened it. ‘So many gold coins!’ he gasped in shock.😱

He began to count them. After several counts, he was convinced that there were 99coins only. He wondered, ‘What could’ve happened to that last gold coin? Surely, no one would leave 99 coins!’😕

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He looked everywhere but that final coin was elusive. Finally, he decided that he was going to work harder than ever to earn that one gold coin and complete his collection.

From that day, the servant’s life changed. He overworked himself, became horribly😖 grumpy, and castigated his family for not helping him make that 100th gold coin. He had stopped singing.

Witnessing this drastic transformation, the King was puzzled. When he sought his advisor’s help, the advisor explained, ‘Your Majesty! The servant has now officially joined The 99 Club.’……

These are people who have enough to be happy but are never contented. They’re always yearning and striving for that extra 1, saying to themselves: ‘Let me get that one final thing and then I will be happy for life.

Moral Of the Story:

‘ We can be happy, even with very little in our lives, but the minute we’re given something bigger and better, we want even more! We lose our sleep and happiness, we hurt the people around us… all these is the price we pay for our growing needs and desires.

Are you a part of “Club 99” 🤔😊

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Joy of Living

I was jogging this morning and I noticed a person about half a km ahead. I could guess he was running a little slower than me and I felt good, I said to myself I will try catch up with him.

I had about a km before I needed to turn off. So I started running faster and faster. Every block, I was gaining on him just a little bit. After just a few minutes I was only about 100 feet behind him, so I really picked up the pace and pushed myself. I was determined to catch up with him.

Finally, I did it! I caught up and passed him. Inwardly I felt very good. “I beat him”.

Of course, he didn’t even know we were racing.

After I passed him, I realized I had been so focused on competing against him that I had missed my turn to my house,. I had missed the focus on my inner peace, I missed to see the beauty of greenery around, I missed to do my inner Namasarmarna, and in the needless hurry stumbled and slipped twice or thrice and might have hit the footpath and broken a limb.

It then dawned on me, isn’t that what happens in life when we focus on competing with co-workers, neighbours, friends, family, trying to outdo them or trying to prove that we are more successful or more important and in the bargain we miss on our happiness within our own surroundings?

We spend our time and energy running after them and we miss out on our own paths to our given destination. The problem with unhealthy competition is that it’s a never ending cycle.

There will always be somebody ahead of you, someone with a better job, nicer car, more money in the bank, more education, a prettier wife, a more handsome husband, better behaved children, better circumstances and better conditions etc.

But one important realisation is that ‘You can be the best that you can be, when you are not competing with anyone.’

Some people are insecure because they pay too much attention to what others are, where others are going, wearing and driving. Take whatever you have, the height, weight and personality. Accept it and realize, that you are blessed. Stay focused and live a healthy life. There is no competition in Destiny. Each has his own.

Comparison AND Competition is the thief of JOY. It kills the Joy of Living your Own Life.

Run your own Race that leads to Peace.

 

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