Secret of Wealth - Chapter 1

“Money does all things; for it gives and it takes away, it makes honest men and knaves, fools and philosophers; and so on to the end of the chapter.”– L’Estrange.

IS MONEY WEALTH? The number of men and women who can now be laying away small fortunes is almost incredible.

At the same time they can live well, dress well, and surround themselves and their families with all needful comforts and educational advantages.

Money is not wealth.

Earning thousands of dollars brings nothing to any one–unless it is so spent that “while one lives one may enjoy more fully the good things of life.'’ The first of all good things is that one shall have comfort and independence as long as he lives– that means putting money by.

“To maintain prosperity is harder than to acquire it.”

Nowadays it is easy to earn money. IntelliĀ­gence and business ability come in strongest when a decision is to be made as to how money shall be spent. Shall it be spent in buying rainbows? Or shall it be spent in buying such necessities as will last–and in buying capital?

“A man’s capital is what he has left after he has fed and clothed himself, and paid for the ‘ incidentals’ of life which include everything from railroad tickets to a tooth-brush.”

Every day the choice is before every one of us. Here is money. Shall I buy luxury which I fancy –or shall I buy more capital?

We cannot do both.

The difference between the rich man and the poor man is the difference in what he buys with his money.

The rich man has bought wealth and position.

The poor man has bought trash.

A leading financier overthrows another misĀ­taken theory of the man who wants to be rich but has not the gumption to be it:–”Can’t make a million dollars honestly?” he asks. “Whoever says that is wanting in industry, or courage, or integrity, or aptitude.”

“How is it that some men live in abundance, and have something to spare, while others can scarcely obtain the necessaries of life, and at the same time run into debt?” asks Socrates, the great philosopher. ‘’ The reason is,” replied Isomachus, “because the former occupy themselves with their business, while the latter neglect it.”

“The young man should never hear any language but this:

‘You have your own way to make, and it depends upon your own exertions whether you starve or not.’ ”

To put the whole thing into an epigram: –

He who would be poor–

“Thinks of life as a goblet to be drained instead of a measure to be filled.”

Tags: The Secret of Wealth


Did you miss a post I made on my blog? Here are a list of past posts that you are welcomed to read and comment on. If I have posted it, you will find it here in my archive as well...


Firecracker Boy - Mason Chang
My first son has arrived... on 4th of July, 2007! Born at 2:45 am, weighing 8lbs-4, 21 inches long....

how to stop your kids from playing video games
So my brother-in-law who is, what, 16 now? Well, I don't think there is a single day that he would ...

free AMC movie tickets
Sorry, it's all gone! Once again, a crazy deal by Steve... free AMC movie ticke...

xfta satellite
Major breakthrough in MAP 57 fix, XFTA satellite group on the scene. UnKnOwN HaX0r reveals the specs...

Leave a Comment