Updated on March 22, 2009
Money and Wealth
How do you define wealth?
There is no perfect definition for wealth except that it is relative. For me, wealth is knowing I have a choice and enabling myself to always have a choice. It’s abundance in bank accounts, investments, and businesses. Having money is just part of it, but it’s a very important component of wealth.
Wealth is having the time to go to your kid’s ballet recital, taking her shopping, having a 6-month honeymoon (or longer!). Wealth is building relationships with family and having time to continuously learn. Wealth is never feeling like a victim or having someone else as your boss.
As long as you have to answer to anyone but God or yourself, I don’t think that’s wealth. So if you have to worry about getting fired or what other people say or defaulting on your mortgage, that’s not wealth.
God wants us to be wealthy because how are we supposed to serve His greater glory if we don’t have the time or the choice?
Please challenge my definition.
Updated on June 2, 2007
New stories
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- My Evil Orthodontist
- Go for a specialized surgeon
- Proud to be pango
- Shall I go on a Japanese diet?
- I want a yacht
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- Take care of your lips
- San Diego Real Estate
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Posted on April 26, 2007
Is Money Important?
Admit it. You think money is bad. Didn’t we all hear that money is the root of all evil? In movies, we see the rich Dons and hacienderos owning big lots of land and mistreating their poor tenants who work hard in the fields. It’s the rich guys who have power and are bad! But then we’re told to work hard in school, get good grades, graduate so we can find a nice 9-6 job, kill ourselves with overtime and maybe work abroad for dollars. We can work and make a living but we seem to believe we’re not supposed to have lots of money like the hacienderos or the Ayalas or the Taipans. You know, just enough! Because greed is a deadly sin!
I swear, Filipino children grow up with twisted financial outlooks. We don’t have sound a sound national financial literacy program nor is explicitly seeking abundance and wealth through unconventional means (read: not employment) accepted.
There are many rants and raves on the topic of Filipinos and money. For now, let’s first dispel your fear of money.
Let’s get the basics out of the way, shall we? I tell you where money comes from, how it flows in the “economy”, its importance, and how to get over your fear of money and move on.
Updated on August 2, 2007
Oh, what to do with my life?
Jobs after school and CPA boards and behavior from childhood. Oh, what to do with my life?
It’s hard to find work you love; it must be, if so few do. So don’t underestimate this task. And don’t feel bad if you haven’t succeeded yet. In fact, if you admit to yourself that you’re discontented, you’re a step ahead of most people, who are still in denial. If you’re surrounded by colleagues who claim to enjoy work that you find contemptible, odds are they’re lying to themselves. Not necessarily, but probably. – Paul Graham
Updated on August 2, 2007
Stock Trading Simulation
Get started with simulation games. Before you take an exam, you usually study like hell. The smart students also take a practice test. Ah, there lies the big secret. The simulation games are your practice test.
Signing up is free, you learn to trade real companies with play money so I don’t know why else you’re not going to at least try.