Monday, January 09, 2006

Setting yourself up for spit

Being rich is having money; being wealthy is having time.
- Stephen Swid, executive

Money is a commodity that will come and go for each peson, but will be around forever. You only have one opportunity to spend each minute of your time.

Those who devote their working lives to accumulating a great deal of money and material wealth generally invest their time and efforts unwisely in terms of their health when they are old enough to enjoy the fruits of their efforts.

Some don't live long enough to enjoy what they sacrificed so much to earn.

Working to accumulate wealth is an industrial model of society. That is, the objective is to die with as much wealth as possible. However, industries don't die.

The industrial model may work for publicly traded companies in capitalist countries, but it fails individuals badly when they adopt it for their own lives.

Dying rich means leaving material wealth to those who did little or nothing to earn it, and who likely will not appreciate it.

A wise investment of time brings much greater rewards to the living than a wise investment of cash. The industrial model doesn't work that way. The industrial model will use up a life and spit it out without a twang of conscience. Buying into it as a personal model for life means setting yourself up for spit.

You have a choice. Live your life to make your bank rich or live it to make your own and the lives of others you touch wealthy by making them rich in real values, personal values that matter to you and those who will follow you.

Bill Allin
'Turning It Around: Causes and Cures for Today's Epidemic Social Problems,' striving to put life in pespective. Wealth is how you spend your time, not how you make your money.
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