Money wealth happiness
-
Upload
gerberaol -
Category
Economy & Finance
-
view
502 -
download
1
description
Transcript of Money wealth happiness
![Page 1: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/1.jpg)
MoneyWealth
&Happiness
Larry K. & Lorna Collins
![Page 2: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/2.jpg)
Why Do You Write?
![Page 3: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/3.jpg)
Why do you write?
• If your only goal is to become rich…
– This isn’t for you– Get a real job– Save like mad– Do something else– Hope for the best– Don’t count on it
![Page 4: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/4.jpg)
Money
• What it is:– A means to an end– A vehicle for choice– Nice to have
• What it isn’t– A means to attaining happiness– A guarantee of freedom from problems– A solution to all problems
![Page 5: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/5.jpg)
What is your Money Relationship?
• Did you grow up poor?• Or did you have everything you wanted?• Did you have to sacrifice?• Or was there always plenty?• Have you always had to struggle to make
ends meet?• Did you always feel financially
comfortable? • Were you told there wasn’t enough?
![Page 6: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/6.jpg)
Money Attitudes
• Magical Thinking
– If I just had $ ______.00, I’d be happy– When I get _________, I’ll be content– With $________.00 in the bank, I’d feel
secure
![Page 7: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/7.jpg)
Money Attitudes
• Poverty Thinking
– We don’t have enough– There’s none to spare– I can’t afford to share
![Page 8: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/8.jpg)
Johnny Carson and the Toilet Paper
![Page 9: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/9.jpg)
Money Attitudes
• Poverty Thinking
– I can’t afford it– I can’t ________ because I don’t have the
money– There’ll never be enough– I need to get mine, no matter what it
takes
![Page 10: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/10.jpg)
Money Attitudes
Lorna’s Childhood
![Page 11: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/11.jpg)
Money Attitudes
Income Levels
05
10152025303540
Upper Middle Poverty
![Page 12: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/12.jpg)
Money Attitudes
Income Levels
05
10152025303540
Upper Middle Poverty Us
![Page 13: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/13.jpg)
Money Attitudes
• Abundance Thinking
– I have enough to share
![Page 14: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/14.jpg)
Money Attitudes
• Abundance Thinking
– There’s plenty for everyone– I have enough– There’s always more– I have enough to share – I can afford it, I just don’t need it
![Page 15: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/15.jpg)
• Abundance Thinking
– I’m always finding money
![Page 16: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/16.jpg)
Money Attitudes
• Abundance Thinking
– I’m down to my last hundred
![Page 17: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/17.jpg)
Wealth
• What is it?– Cash in the bank– Equity in a home– Stocks and bonds– Inheritance– Retirement income– Something else
![Page 18: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/18.jpg)
Real Wealth
FriendsFamilyMemoriesHelping othersFaithHealthSimple pleasures
![Page 19: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/19.jpg)
HappinessA Tale of Two Women
![Page 20: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/20.jpg)
Barbara Hutton
![Page 21: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/21.jpg)
Renée Bondi
![Page 22: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/22.jpg)
In 1923, who was: • 1. The Steel Titan?• 2. President of the largest gas company?• 3. President of the New York Stock Exchange? • 4. Greatest wheat speculator?• 5. President of the Bank of International
Settlement? • 6. Great Bear of Wall Street?These men were considered some of the world’s
most successful of their day.
![Page 23: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/23.jpg)
What ultimately became of them?
• 1. The president of the largest steel company, Charles M. Schwab, died in debt.
• 2. The president of the largest gas company (AGECO), Edward Hopson, died in a sanitarium
• 3. The president of the NYSE, Richard Whitney, was sent to prison
• 4. The greatest wheat speculator, Arthur William Cutten, died of a heart attack preparing to go to prison.
• 5. The president of the Bank of International Settlement, Leon Fraser, shot himself.
• 6. The Great Bear of Wall Street, Jesse Livermore, also committed suicide.
![Page 24: Money wealth happiness](https://reader038.fdocuments.in/reader038/viewer/2022102710/5479645c5906b56c048b46dd/html5/thumbnails/24.jpg)
Happiness
“Happiness is not having what you want
It’s wanting what you have”