Friday, December 10, 2010

Things I learned from a place of wealth

Any person who desires to have money needs to get some things figured out first.  At one point in my life, God dropped me off in a wealthy place.  For the first time in a long time, I was around people that did not have to struggle for money.  It was one of the greatest lessons learned.  One of my teachers was a man with a family that simply loved me.  I spent many a Sunday dinner at his house.  He told me of a time when he attempted to go to a impoverished church where he and his wife clearly made more money than most of the members.  He said that the situation was so dire, he ended up leaving for a church where they could be more comfortable.  Here is what I learned.
1.  Disparity in income can cause rudeness.
2.  When people know you have money, you will constantly be asked for it.  Learn to say no without qualifying it.
3.  Your finances are private even if it is publicly known what you do for a living and that living pays well.
4.  Question motives.  Some people follow money and that may mean that they will follow you.
5.  Make your inner circle consist of people who are like you.
6.  Avoid public giving, make your financial contributions in private.  For this cause I stopped giving money in offering baskets and prefer to send it online in the form of a check. 
7.  Put your money in property.  Don't remain a renter, buy your home.
8.  Cars depreciate the minute you drive it off the lot.  Don't put all your money into a car.
9.  Save something
10.  The most expensive item you own should not be your coat.  Looking good is relative.
11.  Stop outpatient care.  When your money is going to every one's problems but yours, something is wrong.
12.  Put your family in check, they are the first leeches to come.
13.  Don't fool with anyone who won't work.
14.  Lay away for retirement.
15.  Look for ways to show charity that avoid giving directly to people.  I personally give my charity to churches and child welfare agencies.  If you ask me directly, I will say no.

I am not rich, but I am certainly on my way.  I have always known that wealth was in my future so I make sure I talk to people who can tell you a thing or two about money. 

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