Skip to main content

Things which you cannot buy with "Money"

It is irrefutable that parents always teach their children the value of money. Money is scared not because of natural availability but because of what RBI is making. Money is your productivity, which doesn't mean that hard work. You won't be satisfied with employee because you are providing 5x the work to get x amount of money. All these things teach us the value of money. But actually, people forget that humans are satisfied with respect, trust, love, security, comfort, and health (mental and physical), which you can't buy with money. 

                  Whatever relationship you have, whether boss-employee, husband-wife, respect is a must-have ingredient for that. The problem is that we do not have any measurements to value. Therefore, people underestimate the respect part.

                   Trust is built when your words are reflected in your actions. It takes time. People don't understand the trust part. Jack Welch, the former chief of General Electric, said, "You know it when you feel it." It is one of the simplest and best definitions of trust. People forget that part and run behind the money.

                  "The most important thing people need is love, and the less love they have, the more they need material things," says Arnold Van Den Berg. "They look for money, for some accomplishment, or something external to validate them." But all they need to do is be loved and give love.

                  Basically, I am not a big fan of real estate investment. However, when it comes to owning a home that you can live in for the rest of your life, there are emotions attached to that home that you cannot convert into Excel. People say renting a home is more beneficial than owning one. People want safety and security, which cannot be measured by money.

                Jim Rohn said, “Take care of your body. It’s the only place you have to live”. The problem is, nobody will give you money for having good mental and physical health. Therefore, people ignore their health. The only things that will always be with you are your mind and body. care of them will be an important part.

                 Finally, people consistently undervalue respect, love, health, and security while exaggerating the importance of money. Money will give you freedom, but you can't buy these things that satisfy you.

Comments

Popular posts from this blog

No More 'Buy and Hold' – Try 'Buy and Monitor' for Better Investments

Ever wonder how some people consistently make more money in the stock market? It's not magic – it's a mix of paying attention and making smart choices. Let's explore the simple tricks these successful investors use to get better returns than the average. Listen to Insiders: What They Know Matters Successful investors keep an ear out for insider trading updates. Why? Because if someone inside a company is buying or selling their own company's stock, they might know something good or bad is coming. Buybacks & Rights Issues: Company Confidence and Cash In Smart investors like it when companies buy back their own shares or offer existing shareholders the chance to buy more at a discount. It's like the company saying, "Our stock is a good deal!" IPOs & Big Corporate Announcements: Ride the Wave of News Beyond new companies going public (IPOs), successful investors pay attention when companies make Corporate   big announcements. Events like demergers, me...

Heart vs. Mind

There is always a conflict between heart and mind. weather in a life partner, career, money spending, investing, etc. your heart is weak to make decisions. heart always follows short-term gratification which is mostly wrong. so here we can discuss the difference between them.       The brain changes continually as a result of our experiences. Experiences produce physical changes in the brain either through new neural connections or through the generation of new neurons. Studies suggest that the brain can change even during the day. This means that the anatomy of the brain varies from individual to individual. Even identical twins with identical genes don't have identical brains. They have had different life experiences. Experiences are the reason that all individuals are unique. There are no individuals with the same upbringing, nutrition, education, social stamping, physical, social and cultural setting. This creates different convictions, habits, values, an...

Unveiling the Multi-bagger Myth

In the world of investing, the allure of multi-bagger stocks is undeniable. These stocks have the potential to deliver exceptional returns and create substantial wealth for investors. While conventional wisdom often highlights certain financial metrics as indicators of multi-bagger potential, a deeper understanding reveals that what most people know isn't worth knowing. In this blog, we will challenge the common beliefs surrounding multi-baggers and explore the factors that truly drive their success. 1. Looking Beyond High ROCE/ROE While high Return on Capital Employed (ROCE) and Return on Equity (ROE) are considered important financial indicators, they do not guarantee multi-bagger status. Instead, it is crucial to identify companies that have the ability to consistently improve their ROCE and ROE over time. 2. Rethinking Debt/Equity Ratios Low Debt/Equity ratios are often seen as a positive sign, indicating financial stability. However, merely focusing on reducing debt levels doe...