Saturday, March 19, 2011

Relative funds

In today's world, it makes sense to expand my thinking about wealth.  I have a modest house and modest cars.  I realize that many people don't have enough to eat.  I also realize that quite a few people have quite a bit of money.  However, having money doesn't necessarily make a person rich.  I know that sounds crazy but think about debts, obligations and liabilities.

If I have an income of a million a year but bills that run two million, I am not rich.  Well, maybe for a short time but the bills are going to be there and I am going into a financial hole.

If I am obligated to maintain a business or a school and it is going under, spending more than it earns, I am not well-off.

So, when I hear about  a millionaire who is having financial difficulties, I am going to avoid sarcastic laughter and withhold judgment.   The situation is probably not one I understand or have faced and a complicated one.  On occasion, the saying "Give a man enough rope and he will hang himself" has some merit.   With so much money running around the planet, a person might well have more troubles, more debts and liabilities, given enough funds.

I remember what happened to King Midas.  It doesn't really matter whether everything I touch turns to gold or books or beef steak, my life needs a balance to it and variety.

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