Financial Wisdom Quotes

God is the source of my supply. His riches flow to me freely, copiously, and abundantly. All my financial and other needs are met at every moment of time and point of space; there is always a divine surplus.

When I was young, I forgot how to laugh in the cave of Trophonius; when I was older, I opened my eyes and beheld reality, at which I began to laugh, and since then, I have not stopped laughing. I saw that the meaning of life was to secure a livelihood, and that its goal was to attain a high position; that love’s rich dream was marriage with an heiress; that friendship’s blessing was help in financial difficulties; that wisdom was what the majority assumed it to be; that enthusiasm consisted in making a speech; that it was courage to risk the loss of ten dollars; that kindness consisted in saying, “You are welcome,” at the dinner table; that piety consisted in going to communion once a year. This I saw, and I laughed.

When I was very young and in the cave of Trophonius I forgot to laugh. Then, when I got older, when I opened my eyes and saw the real world, I began to laugh and I haven’t stopped since. I saw that the meaning of life was to get a livelihood, that the goal of life was to be a High Court judge, that the bright joy of love was to marry a well-off girl, that the blessing of friendship was to help each other out of a financial tight spot, that wisdom was what the majority said it was, that passion was to give a speech, that courage was to risk being fined 10 rix-dollars, that cordiality was to say ‘You’re welcome’ after a meal, and that the fear of God was to go to communion once a year. That’s what I saw. And I laughed.

Remember: we’re drowning in information, but we’re starving for wisdom.

The same thing happened to me that, according to legend, happened to Parmeniscus, who in the Trophonean cave lost the ability to laugh but acquired it again on the island of Delos upon seeing a shapeless block that was said to be the image of the goddess Leto. When I was very young, I forgot in the Trophonean cave how to laugh; when I became an adult, when I opened my eyes and saw actuality, then I started to laugh and have never stopped laughing since that time. I saw that the meaning of life was to make a living, its goal to be- come a councilor, that the rich delight oflove was to acquire a well-to-do girl, that the blessedness of friendship was to help each other in financial difficulties, that wisdom was whatever the majority assumed it to be, that enthusiasm was to give a speech, that courage was to risk being fined ten dollars, that cordiality was to say "May it do you good" after a meal, that piety was to go to communion once a year. This I saw, and I laughed.

Wisdom isn’t about accumulating more facts; it’s about understanding big truths in a deeper way. Year by year, with the support and insights of friends and partners and people who have gone before me, I see more clearly that the primary causes of poverty and illness are the cultural, financial, and legal restrictions that block what women can do—and think they can do—for themselves and their children.

There is no reason for worry about financial affairs. Every person who wills to do so may rise above his want, have all he needs, and become rich.

Emotional pain, physical damage, financial weakness are the reasons to stop for a while and not forever.

Contrary to popular wisdom, knowledge is not power—it’s potential power. Knowledge is not mastery. Execution is mastery. Execution will trump knowledge every day of the week.

Bullish or bearish are terms used by people who do not engage in practicing uncertainty, like the television commentators, or those who have no experience in handling risk. Alas, investors and businesses are not paid in probabilities; they are paid in dollars. Accordingly, it is not how likely an event is to happen that matters, it is how much is made when it happens that should be the consideration.

Normally, when you challenge the conventional wisdom—that the current economic and political system is the only possible one—the first reaction you are likely to get is a demand for a detailed architectural blueprint of how an alternative system would work, down to the nature of its financial instruments, energy supplies, and policies of sewer maintenance. Next, you are likely to be asked for a detailed program of how this system will be brought into existence. Historically, this is ridiculous. When has social change ever happened according to someone’s blueprint? It’s not as if a small circle of visionaries in Renaissance Florence conceived of something they called “capitalism,” figured out the details of how the stock exchange and factories would someday work, and then put in place a program to bring their visions into reality. In fact, the idea is so absurd we might well ask ourselves how it ever occurred to us to imagine this is how change happens to begin.

No knowledge comes to you late. It comes just at the time when you are ready for it.

Woman must be financially independent to be free in love

1. Career 2. Financial 3. Spiritual 4. Physical 5. Intellectual 6. Family 7. Social

How would you score yourself on a scale from one to ten, with one being in great shape, in the following areas?     • spiritually    ____     • emotionally ____     • physically   ____     • financially   ____     • relationally ____

Without continuous, methodical, conscious efforts to renew ourselves, we can become stuck in the “valley of dry bones”.

Busyness and stress are the thieves of intuition.

Look to the Bible for the answer. Ancient Jewish wisdom says, “Delight in serving other people.” This is the best career advice you will ever get.

A certain way to have financial security in life is not enough savings, but enough ability.

Impatience is a particularly dangerous habit of the heart because everything worthwhile takes time. Good marriages take time. Spiritual maturity takes time. Financial stability takes time. Effective ministry takes time. Wisdom takes time. People who are not willing to take time cannot have any of the above.

The idea that “it takes money to make money” is the thinking of financially unsophisticated people. It does not mean that they’re not intelligent. They have simply not learned the science of money making money. Money is only an idea. If you want more money, simply change your thinking. Every self-made person started small with an idea, and then turned it into something big. The same applies to investing. It takes only a few dollars to start and grow it into something big. I meet so many people who spend their lives chasing the big deal, or trying to amass a lot of money to get into a big deal, but to me that is foolish. Too often I have seen unsophisticated investors put their large nest egg into one deal and lose most of it rapidly. They may have been good workers, but they were not good investors. Education and wisdom about money are important. Start early. Buy a book. Go to a seminar. Practice. Start small. I turned $5,000 cash into a one-million-dollar asset producing $5,000 a month cash flow in less than six years. But I started learning as a kid. I encourage you to learn, because it’s not that hard. In fact, it’s pretty easy once you get the hang of it. I think I have made my message clear. It’s what is in your head that determines what is in your hands. Money is only an idea. There is a great book called Think and Grow Rich. The title is not Work Hard and Grow Rich. Learn to have money work hard for you, and your life will be easier and happier. Today, don’t play it safe. Play it smart.

I am billionaire bold bright omnipotent lively determined to go within to win opening my omnific eyes to realize wisdom innovation naturalizes… My cascading flow of financial love lavishly streams gold bars as I realize gold is intrinsic wealth as my intuitive imagination is my intrinsic innovations…

A lot of people pray for power, house, financial breakthrough, wealth etc. But only few ask God for wisdom. There are so many great power pack man and women of God who lack wisdom.

Information without execution is poverty. Remember: we’re drowning in information, but we’re starving for wisdom.

Wisdom comes from experience. Experience is often a result of lack of wisdom.” —Terry Pratchett

Everything is in excess except money, thereof, it should be well managed.

The longer you work, the more money you’ll have for retirement. But the longer you work, the less time you’ll have to enjoy that retirement. — Wall Street Journal

[The wives of powerful noblemen] must be highly knowledgeable about government, and wise – in fact, far wiser than most other such women in power. The knowledge of a baroness must be so comprehensive that she can understand everything. Of her a philosopher might have said: "No one is wise who does not know some part of everything." Moreover, she must have the courage of a man. This means that she should not be brought up overmuch among women nor should she be indulged in extensive and feminine pampering. Why do I say that? If barons wish to be honoured as they deserve, they spend very little time in their manors and on their own lands. Going to war, attending their prince's court, and traveling are the three primary duties of such a lord. So the lady, his companion, must represent him at home during his absences. Although her husband is served by bailiffs, provosts, rent collectors, and land governors, she must govern them all. To do this according to her right she must conduct herself with such wisdom that she will be both feared and loved. As we have said before, the best possible fear comes from love. When wronged, her men must be able to turn to her for refuge. She must be so skilled and flexible that in each case she can respond suitably. Therefore, she must be knowledgeable in the mores of her locality and instructed in its usages, rights, and customs. She must be a good speaker, proud when pride is needed; circumspect with the scornful, surly, or rebellious; and charitably gentle and humble toward her good, obedient subjects. With the counsellors of her lord and with the advice of elder wise men, she ought to work directly with her people. No one should ever be able to say of her that she acts merely to have her own way. Again, she should have a man's heart. She must know the laws of arms and all things pertaining to warfare, ever prepared to command her men if there is need of it. She has to know both assault and defence tactics to insure that her fortresses are well defended, if she has any expectation of attack or believes she must initiate military action. Testing her men, she will discover their qualities of courage and determination before overly trusting them. She must know the number and strength of her men to gauge accurately her resources, so that she never will have to trust vain or feeble promises. Calculating what force she is capable of providing before her lord arrives with reinforcements, she also must know the financial resources she could call upon to sustain military action. She should avoid oppressing her men, since this is the surest way to incur their hatred. She can best cultivate their loyalty by speaking boldly and consistently to them, according to her council, not giving one reason today and another tomorrow. Speaking words of good courage to her men-at-arms as well as to her other retainers, she will urge them to loyalty and their best efforts.

I would tell my 14 year old self to never ever, ever put all of your money in one bank account. And love the ones who love you back. You're going to want to quit...DON'T! Oh, and get everything in writing.

When good things are so low that no one wants them, I buy them and lay them away in the safe; when owing to some new development, they go up and my shares are so needed that men will pay well for them, I am ready to sell.

Nowadays, our leaders prefer to search for the causes of crime and poverty in the actions or inaction of those at the very bottom of society. The obscene transfers of wealth over the past forty years from that bottom to a privileged few at the top--and from much of the Third World to financial elites in the West--are all excused as the natural evolution of the Market, when, in fact, they are products of unparalleled greed by those who shape and direct that Market.

Many great leaders are considered great because they did something almost no one else believed was possible — they literally set the direction of progress for generations to come. They didn’t focus on just having a career or a job — they had a vision and a mission. For self-renewal, it is critical to refocus and set the direction of progress in your life. A new commitment to new priorities will also help keep hope alive.

He is sure to be more happy who has eaten well and slept well and has besides a little money in his jeans. Such men are rare to find for the simple reason that most men are incapable of appreciating the wisdom of such a simple truth. The worker thinks he would be better off if he were running the factory; the owner of the factory thinks the would be better off if he were a financier; and the financier knows he would be better off if he were clean out of the bloody mess and living the simple life.

The inability of Americans to value intellect is, to me, maddening. If someone possesses physical beauty they will not be cloistered or hidden in dark shadows. No, they are expected to be a source of pleasing scenery to others. We are not frightened in this country by beauty. We celebrate it, as we should. But what about beautiful brains, the kind that create amazing worlds out of nothing but thoughts, that can find a way to intricately bond elements of our lives that common wisdom tells us are inert? Why should anyone hide this intellect ever? No. Fuck boring financiers like Warren Buffett...there is no such thing as unnecessary beauty, physical or intellectual.

With the power of God, we can scale any wall.

Making a product is just an activity, making a profit on a product is the achievement.

Wisdom comes from experience. Experience is often a result of lack of wisdom. A

Don't compare the size of your roof with the size of the sky.

The strength of your personal financial resources is equivalent to the quality of your financial decision making.

Sometimes, it is not the money in your bank account that solves your problem, but the wisdom in your head.

We have a business plan, a life plan, and a financial plan, how about a contribution plan.

If you think rightly, every problem is financial problem or eventually becomes one.

There are times where life is unfair to us; we may experience poor health, financial struggles, or emotional turmoil. Remain steadfast through the storm; the clouds shall part in time.

Curiosity, humility and compassion, these are the fundamental pillars of monkhood, if you have these in your life, then you are a monk, regardless of your financial status and relationship status.

If you need it, don’t lend it. It’s in most people’s nature to want to help, but if you genuinely need the money back, and you can’t afford to lose it, it’ll be in your best interest to NOT set yourself up.

The recurrent and sadly erroneous belief that effortless enrichment is an entitlement associated with what is thought to be exceptional financial perspicacity and wisdom is not something that yields to legislative remedy.

The worst form of discrimination is when others are accepted for the same things others are not accepted. This proves that everything is a strategy for interests based either on relationships or financial favor and profit.

There’s an old proverb that money doesn’t change people, it just makes them more of who they are. Robert Caro has written that “power doesn’t corrupt, it reveals.” In some ways, prosperity—financial and personal—is the same way.

The received wisdom is that risk increases in the recession and falls in booms. In contrast, it may be more helpful to think of risk as increasing during upswings, as financial imbalances build up, and materializing in recessions.

God wants us to constantly be increasing, to be rising to new heights. He wants to increase you in His wisdom and help you to make better decisions. God wants to increase you financially, by giving you promotions, fresh ideas, and creativity.

In the 1960's, some old-timers on Wall Street-the men who remembered the trauma of the 1929 Crash and the Great Depression-gave me a warning: "When we fade from this business, something will be lost. That is the memory of 1929." Because of that personal recollection, they said, they acted with more caution, than they otherwise might. Collectively, their generation provided an in-built brake on the wildest form of speculation, an insurance policy against financial excess and consequent catastrophe. Their memories provided a practical form of long-term dependence in the financial markets. Is it any wonder that in 1987 when most of those men were gone and their wisdom forgotten, the market encountered its first crash in nearly sixty years? Or that, two decades later, we would see the biggest bull market, and the worst bear market, in generations? Yet standard financial theory holds that, in modeling markets, all that matters is today's news and the expectations of tomorrow's news.

Money is only a vehicle. It will take you where you want to go, but it can’t take the helm. You must learn to navigate yourself towards your own economic success and create your own path to becoming fiscally fit and financially savvy. In school we’re not taught about the wonderful world of finance. We’re taught to get good grades so we can get a good job. We all now realize that a job is the worst way to build wealth. Without the proper knowledge and wisdom our views about money remain distorted.

If you follow these simple truths, you will gain control over your financial future, and probably be able to accumulate millions and millions of dollars. These truths are not just about money, but about self discipline and the proof of love between yourself and your family. While I have gleaned these truths from the wisdom of the Jewish people, they will work for anyone in any setting regardless of religious background or income level. This is the oldest financial system in history and the only one that has survived the test of time.

This approach, built on the “wisdom of the crowd” concept, has been called “the crowd within.” The billionaire financier George Soros exemplifies it. A key part of his success, he has often said, is his mental habit of stepping back from himself so he can judge his own thinking and offer a different perspective—to himself.

You are always self-employed. You are always the president of your own personal services corporation, no matter where you might be working at the moment. When you see yourself as self-employed, you develop the entrepreneur mentality. The mentality of the highly independent, self-responsible, self-starting individual. Instead of waiting for things to happen, you make things happen. You see yourself as the boss of your own life. You see yourself as completely in charge of your physical health, your financial well-being, your career, your relationships, your home, your car, and every element of your existence. This is the mindset of the truly excellent person.

Value self-improvement above self-promotion. King Solomon of ancient Israel said, “Let instruction and knowledge mean more to you than silver or the finest gold. Wisdom is worth much more than precious jewels or anything else you desire.” Make your next career move based on how it will improve you personally rather than how it will enhance you financially.

Operationally, a business can be improved in only three ways: (1) increase the level of sales; (2) reduce costs as a percent of sales; (3) reduce assets as a percentage of sales. The other factors, (4) increase leverage or (5) lower the tax rate, are the financial drivers of business value. These are the only ways a business can make itself more valuable. Buffett

We depended on the indigenous of this land to teach us farming and harvesting skills that we largely lacked upon arrival. Indeed, had it not been for the wisdom of native North Americans, the first attempt at European colonization would have failed entirely. We were starving in droves, perishing in Jamestown because we had spent so much time looking for gold that we’d forgotten to plant crops that could sustain us through the harsh winters. Four hundred–plus years later that folly has been repeated, at least metaphorically, in an economy so focused on the chasing of wealth for wealth’s sake that it has failed to re-sow its crops, to invest in the future, to actually produce anything of value as it opts, instead, to chase financial fortunes and immediate riches.

Джон Маултон, один из самых успешных венчурных капиталистов в Лондоне. В своем последнем интервью газете Financial Times он назвал решительность, любопытство и бесчувственность тремя самыми ценными качествами характера. Трудно оспаривать ценность первых двух. Но бесчувственность? Маултон объясняет: «Самое лучшее в бесчувственности то, что она позволяет вам спать, когда другие не могут сомкнуть глаз»

Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom. Unless institutions maintain contrarian positions through difficult times, the resulting damage of buying high and selling low imposes severe financial and reputational costs on the institution.

It is unwise to trust your own judgment. “He who trusts in himself is a fool, but he who lives by wisdom will escape” (CJB, Proverbs 28:26). Many people have made bad financial investments because they based their decisions on their own judgment and pride. The Tanakh warns, “Pride goes before destruction, and arrogance before failure” (CJB, Proverbs 16:18). “Before being ruined, a person’s heart is proud” (CJB, Proverbs 18:12). The

income taxes are not the only taxes you pay in life. They are just the financial form. Everything we do has a toll attached to it. Waiting around is a tax on traveling. Rumors and gossip are the taxes that come from acquiring a public persona. Disagreements and occasional frustration are taxes placed on even the happiest of relationships. Theft is a tax on abundance and having things that other people want. Stress and problems are tariffs that come attached to success.

When Warren lectures at business schools, he says, “I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches, representing all the investments that you got to make in a lifetime. And once you’d punched through the card, you couldn’t make any more investments at all.” He says, “Under those rules, you’d really think carefully about what you did, and you’d be forced to load up on what you’d really thought about. So you’d do so much better.

those carrying out the vision of the anointed. Families who wish to be independent financially and to make their own decisions about their lives are of little interest or use to those who are seeking to impose their superior wisdom and virtue on other people. Earning their own money makes these families unlikely candidates for third-party direction and wishing to retain what they have earned threatens to deprive the anointed of the money needed to distribute as largess to others who would thus become subject to their direction.

In 1945, Churchill admitted privately, ‘The biggest blunder of my life was the return to the Gold Standard.’131 The almost total unanimity of the financial experts in favour of it, when set alongside the views of the admirals about the convoy system, and those of the generals about how to fight both the Boer War and Great War, led Churchill seriously to doubt the wisdom of experts. His willingness to attack the views of the entire Establishment over appeasement might not have been so complete had he not seen its experts proved wrong time and again, and had he not, in the case of the Gold Standard, been forced to take ultimate responsibility.

When you shed the light, be sure to have a genuine heart, a truthful mind, and an honest soul. On 11th November 2018, I had a very inspired heart as I remember the "Sunday Express" from the airport to the City of Peace and Justice. Three years later, I look back with a grateful heart, vigilant mind, and wisdom filled soul as I had always chosen and prefer the paths toward the truth, and not the manipulations, deceptions, lies, libel and slander, calumny, calculated financial opportunism of political harridans, and targeted toxic, repetitive abusive ways of Signora Imbrogliona and her associate accomplice of Machiavellian manipulators. ~ Angelica Hopes, an excerpt from Onestopia, Book 3 of Stronzata Trilogy

A society of ONE! There is nothing wrong with being Human. What is wrong is how so many take for granted the gift of our being human and never learn that we are also to be HUMANE, hence our HUMANITY. We are born Man but it takes years of education, trial and error to be TRULY HUMAN. It takes an ability to see beyond yourself, and to be able to RELINQUISH YOUR EGO And that is something that far too many neglects to consider in their chase for life, liberty and the pursuit of PRODUCTS. Things can never make us happy and the accumulation of wealth only aids in separating us from our common cause to be ONE SOCIETY. ONE RACE. ONE MANKIND. Until we are equal and able to see eye to eye with our most base concerns of housing, Food, education and financial well-being solved, we shall never have a society of ONE!

Man is an irrational creature...for he seeks pleasure instead of abstinence, lies and deceit, instead of counsel and advice, violence and war, instead of withhold and peace, and easy wanton ignorance and gluttony, instead of hard sought after wisdom and moderation...man has grown indifferent to the sufferings of his fellow man and neighbor, for he only cares as to whether there is any monetary gain or financial reward, for his immediate and erstwhile assistance...man, in this current age, has completely lost the ability to engage in disciplined learning and fair and honest debate, for instead he would rather believe in lies and falsehoods, for it only confirms his prejudicial beliefs and irrational fears, all fed to him by the so-called, "fair and balanced" news media...he is a patriot for all the wrong reasons, for his patriotism is one of selfish jingoism, instead of an objective and unadulterated, "universal brotherhood", that seeks to find common ground and common solutions across the diplomatic table, instead of blind "sabre rattling" and childish and superficial flag waving...man's blind and puerile barbarism is what will ultimately do him in, in the very end, for the prophets of the present who tried to warn him as he stood at the edge of a moral and spiritual precipice, will be the ones who will wear a quiet and confirming smile, as man and his erstwhile shadow of ignorance, will be cast into the bottomless pit, of eternal damnation and doom...

His Burden Is Light Then Jesus said, “Come to me, all of you who are weary and carry heavy burdens, and I will give you rest. Take my yoke upon you. Let me teach you, because I am humble and gentle, and you will find rest for your souls. For my yoke fits perfectly, and the burden I give you is light.” Matthew 11:28-30 What heavy burden is weighing you down and causing a heaviness and weariness in your spirit? Is it the need to take care of an elderly parent? a seemingly impossible deadline at work? juggling overwhelming responsibilities of a job plus parenting a houseful of kids? the burden of chronic illness? a difficult relationship with someone you love? financial struggles? Whatever your “heavy burden” might be, Jesus invites you, just as he did the crowds he was teaching: Come to me. Give me the heavy load you’re carrying. And in exchange, I will give you rest. Whenever I read these verses from Matthew, I breathe a sigh of relief. Jesus knows the challenges and deadlines we face and the weariness of mind or body we feel. He understands the stress, tasks, and responsibilities that are weighing us down. As we lay all that concerns us before him, his purpose replaces our agenda, and his lightness and rest replace our burden. LORD, thank you for your offer to carry my burdens for me. I give them all to you and I gladly receive your rest! I place myself under your yoke to learn from you. Teach me your wisdom that is humble and pure, and help me to walk in the ways you set before me. Thank you for your mercy and love that invite me to live my life resting and trusting in you!   WHEN HE SAYS TO YOUR DISTURBED, DISTRACTED, RESTLESS SOUL OR MIND, “COME UNTO ME,” HE IS SAYING, COME OUT OF THE STRIFE AND DOUBT AND STRUGGLE OF WHAT IS AT THE MOMENT WHERE YOU STAND, INTO THAT WHICH WAS AND IS AND IS TO BE—THE ETERNAL, THE ESSENTIAL, THE ABSOLUTE. Phillips Brooks (1835-1893)    

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

Investment wisdom, however, begins with the realization that long-term returns are the only ones that matter. Investors who can earn an 8 percent annualized return will multiply their wealth tenfold over the course of 30 years, and if they have half a brain, they will care little that many days, or even years, along the way their portfolios will suffer significant losses. If they are, in fact, anguished by the bad days and years, they can at least comfort themselves that the rewards of equity ownership are paid for in the universal currencies of financial risk: stomach acid and sleepless nights.

If our sense of emotional worth comes primarily from our marriage, then we become highly dependent upon that relationship. We become vulnerable to the moods and feelings, the behavior and treatment of our spouse, or to any external event that may impinge on the relationship—a new child, in-laws, economic setbacks, social successes, and so forth. When responsibilities increase and stresses come in the marriage, we tend to revert to the scripts we were given as we were growing up. But so does our spouse. And those scripts are usually different. Different ways of handling financial, child discipline, or in-law issues come to the surface. When these deep-seated tendencies combine with the emotional dependency in the marriage, the spouse-centered relationship reveals all its vulnerability. When we are dependent on the person with whom we are in conflict, both need and conflict are compounded. Love-hate over-reactions, fight-or-flight tendencies, withdrawal, aggressiveness, bitterness, resentment, and cold competition are some of the usual results. When these occur, we tend to fall even further back on background tendencies and habits in an effort to justify and defend our own behavior and we attack our spouse’s. Inevitably, anytime we are too vulnerable we feel the need to protect ourselves from further wounds. So we resort to sarcasm, cutting humor, criticism—anything that will keep from exposing the tenderness within. Each partner tends to wait on the initiative of the other for love, only to be disappointed but also confirmed as to the rightness of the accusations made. There is only phantom security in such a relationship when all appears to be going well. Guidance is based on the emotion of the moment. Wisdom and power are lost in the counterdependent negative interactions. FAMILY CENTEREDNESS. Another common center is the family. This, too, may seem to be natural and proper. As an area of focus and deep investment, it provides great opportunities for deep relationships, for loving, for sharing, for much that makes life worthwhile. But as a center, it ironically destroys the very elements necessary to family success. People who are family-centered get their sense of security or personal worth from the family tradition and culture or the family reputation. Thus, they become vulnerable to any changes in that tradition or culture and to any influences that would affect that reputation. Family-centered parents do not have the emotional freedom, the power, to raise their children with their ultimate welfare truly in mind. If they derive their own

Today we don’t have a heavenly realm full of gods, but we do have a lot of banks, which means we have loads of banking options. Banks vie for our business by comparing themselves to other banks—“We are more friendly, have more locations, better interest rates, free checking,” and so forth. All competing banks claim, “We are the place to trust with your financial lives, not those dozens of other options you pass on the street day after day.” And now we know how ancient religions work.

And when youth comes to age for advice he receives the wisdom of years

Youth is ambitious. Youth would take short cuts to wealth and the desirable things for which it stands. To secure wealth quickly youth often borrows unwisely

Life is so much more than our pity version of reality where we worry about financial wealth, social status, power, and interacting with machines that provide pleasures such as cars, boats, smart phones, and television. Life is limited and ultimate reality – the realm of potential knowledge – is unlimited.

The thing to remember is that happiness has no past and no future. It is what it is right now. Experience it while you can. Happiness not enjoyed today can’t be saved for the future. It is lost forever.

As one investor said in 2009 (regarding the effects of the Financial Crisis): ‘This is worse than divorce. I’ve lost half my net worth – and I still have my wife.

If you are financially affluent, think of adopting a kid and raise him or her right next to your biological offspring. And let your love become the proof of your parenthood, instead of your DNA.

What is the wise thing for you to do? You are a unique blend of past experiences, current circumstances, and future hopes and dreams. Wisdom allows you to customize the decision-making process to your specific professional, financial, and relational dimensions. Don’t miss this opportunity. Think

The true remedy for such an injurious condition is to strengthen the regional bases and limit the control and absorption of the national finances by the central executive. That is what the Charter was intended to do; with a wisdom in advance of the age, it did not propose either penalization or expulsion of "the jews" or financiers, but restriction of the authority of the crown. Here it may be said that at any time when finance is under attack through the political authority, it is an infallible sign that the political authority is already exercising too much power over the economic life of the nation through manipulation of finance, whether by exorbitant taxation, uncontrolled expenditure, unlimited borrowing, or currency depreciation.

Coexistence means investing in your own financial fortune, so you need to pay close attention to it. You can’t invest in someone who’s a mess. The technique is simple. Just follow the directions of the Having signals.

look back at those huge obstacles—such as illness, accidents, addiction, financial loss, children’s struggles, and divorce—and see in retrospect that they were actually gifts disguised as problems.

Gratitude is often considered an element of spirit or purpose. But what are we expected to be grateful for? Innovation calls for financial gains, promotions, and possessions to stoke the fires of gratitude. But kaizen invites us to be grateful for health, for our next breath, for the moments with a friend or colleague. When famous songwriter Warren Zevon was suffering from terminal cancer, David Letterman asked him what wisdom he gleaned from his illness. Zevon’s answer was pure kaizen: “Enjoy every sandwich.” Some quotes on service and gratitude to begin your exploration of kaizen: “I long to accomplish a great and noble task but it is my chief duty to accomplish small tasks as if they were great and noble.” —Helen Keller “We have to learn to live happily in the present moment, to touch the peace and joy that are available now.” —Thich Nhat Hanh, Buddhist Zen master “Strive not to be a success, but rather to be of value.” —Albert Einstein “I would rather have it said, ‘He lived usefully’ than ‘He died rich.’ ” —Benjamin Franklin

You buy a car for transport, not to live at the gas station. Likewise, you earn money to access essentials, not to live at the shopping mall.

Beyond entrepreneurship and making money is wisdom. You may strike deals and lose your soul in the castrophy of financial success.

The defining feature of world politics post the Global Financial Crisis (GFC) has been the rise of right-wing populists, who have disrupted politics. It wasn't meant to be this way. Conventional wisdom at the time was that the GFC would lead to the 'social democratic moment'. The theory went that in the aftermath of the GFC - an event which exposed the dangers of relentless deregulation and fuelled an already existing rise of inequality - progressive parties, with a preference for appropriately calibrated regulation and redistribution, would benefit. Like much conventional wisdom, reality proved otherwise. Instead, it's been the right-wing populists' moment. The charlatans' moment. First, they disrupted their own parties, then they disrupted politics more broadly. (p.14-15)

Warren Buffett, whose net worth is approximately $65 billion, lives in the same house he bought in 1958 for $31,500. John Urschel, a lineman for the Baltimore Ravens, makes millions but manages to live on $25,000 a year. San Antonio Spurs star Kawhi Leonard gets around in the 1997 Chevy Tahoe he’s had since he was a teenager, even with a contract worth some $94 million. Why? It’s not because these men are cheap. It’s because the things that matter to them are cheap. Neither Buffett nor Urschel nor Leonard ended up this way by accident. Their lifestyle is the result of prioritizing. They cultivate interests that are decidedly below their financial means, and as a result, any income would allow them freedom to pursue the things they most care about. It just happens that they became wealthy beyond any expectation. This kind of clarity—about what they love most in the world—means they can enjoy their lives. It means they’d still be happy even if the markets were to turn or their careers were cut short by injury. The more things we desire and the more we have to do to earn or attain those achievements, the less we actually enjoy our lives—and the less free we a

want to raise the possibility that there are, in the very long term, "virtue effects" in economics-for instance, that widespread corrupt accounting will eventually create bad long-term consequences as a sort of obverse effect from the virtue-based boost double-entry bookkeeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodom and Gomorrah, you should fear practical consequences even if you like to participate in what is going on.

The Value of a Spouse At age 26, Walt Disney was already the head of a successful cartoon studio in Hollywood, California. But business was less than rosy for the young cartoonist, because his principal property, Oswald the Rabbit, had just been wrested from his control by his financial backers. "Mrs. Disney and I were coming back from New York on the train and I had to have something I could tell them," He recalled. "I have lost Oswald, but I had this mouse in the back of my head..." Walt’s new creation was a little mouse in red velvet pants named "Mortimer." 'Walt's wife, Lillian, felt that was too pompous a name for such a cute character and suggested "Mickey'' instead.

A huge blockage that could be stopping you from experiencing abundance in your physical world, is the way that you view your worth. You are worthy of financial freedom, blessings, and support. You are deserving and it makes perfect sense for you to experience this.

Millionaires don't waste their cash on frivolous splurges. Forget the flashy toys – they're all about the finer things in life: wisdom, adventure, and genuine connections. So, instead of blowing your paycheck on stuff you don't need, start investing in the things that truly matter. After all, the most valuable currency isn't money – it's the richness of your experiences and the depth of your relationships.

Nurture others with positive, truthful words. It doesn't cost anything to do so. But mean what you say, and say what you mean. Do it everyday. This is one of the most obvious qualities of the most beloved leaders. If you cannot be generous financially, at least be generous with your words.

Every financial challenge holds the key to a lesson—unlock it, and you grow in both wealth and wisdom.

Nothing so undermines your financial judgment as the sight of your neighbor getting rich.

Don’t Retire, Rewire

Sometimes it’s important to work for that pot of gold. But other times it’s essential to take time off and to make sure that your most important decision in the day simply consists of choosing which color to slide down on the rainbow. — Douglas Pagels

Andrei Shleifer writes in his excellent book Inefficient Markets: An Introduction to Behavioral Finance:

Birth——————————————Death Think of this line as representing your lifetime. Place an X on the line to indicate where you believe you are at present. That is, if you believe that you have lived half of your life, place the X midway between Birth and Death. If you believe that you have lived two-thirds of your life, place the X two-thirds along the line. Once you have placed the X on the line, take note of your feelings. Do you have a sense of relief? Of anxiety? Of fear? Or a realization that much of your life has passed? Next think of six significant events in your life: examples would be meeting your spouse or partner, the birth of a child, the death of a friend, an exciting vacation, a failure, a good financial investment, graduation from university, the birth of a grandchild, a car accident. Number the events 1 through 6 and place the numbers on the line between your birth and the X. What emotions do you feel about each of those events? What about the emotion you feel about your life as a whole? Are you satisfied with the life you have lived? Do you wish that some things had been different? Are there events that ought to have been placed on the line but because of the pain they caused you omitted them? Focus on the line between the X and Death. How might you best embrace life in the time that remains?

Many school programs seem to offer either The Cultural Literacy Track or The Vocational Track. The Cultural Literacy programs are designed for the “smart kids” who are going to go on to ever-higher levels of both education and financial success. This track, with no pretense of being real world, includes classes on classics, foreign languages, and math theory (such as calculus). It is a curriculum based on “teach what has been taught.” The Vocational programs are for the “remedial kids” who are going to have only blue-collar futures if they are in high school (taking classes such as wood working) or inflexible paraprofessional paths if they are in college (such as degrees in physical therapy). This two-tier approach is an immoral sorting system with crippling consequences. Maybe worse, it also presents a false dichotomy. Instead, true wisdom comes from a synthesis of those two perspectives and more. The