Tuesday, November 16, 2010

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Life Puzzle ...

Money is very useful – but I’ll keep family, friends, health and passion as my priorities, any-day …
In our quest to ‘get enough’ we should never lose sight of the big picture. A good question to ask is this: Enough for what? Enough money to do the things we want to do? Maybe we are already, to a large extent, doing the things we want to do. If so, don’t stop doing those things.

I am reminded of the old story – the one about the fisherman, who went fishing every morning, to catch some fish for his evening meal – and to have fun, teaching his son how to fish. Along came a business-advisor who explained that if he bought a boat, he would catch even more fish, thereby making himself a profit.

What then? Asked the fisherman.

Well, then you could eventually buy a fleet of boats to make even more profit.
What then? Asked the fisherman.

Well then you could build a huge company, selling fish all over the world and make even more money.
What then? Asked the fisherman.

Well then, replied the business consultant, you could do whatever you want. You could have fun, spend time with your son – things like that.

I am already doing that replied the fisherman – and walked off down the road to go fishing once again, with his son.

I like this story. It says something about perspective. We all need to keep one eye on the big picture; whether in our martial arts training or in the living of our lives.

JBW

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2 Comments

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Too true. It is soooo easy to get caught up in the "good things to come" and thereby miss the good things we have now. Another way to say it, there are lots of good worthwhile things we can do with our lives, but these good things should not be allowed to crowd out the essential ones.

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freddie 8:37 pm

I reckon it is all about having enough to be free - free to do what ever you like.
The question is how much do you need to be free?
I reckon a fully paid off flat or house and income producing assets that produce about $60,000 year (indexed for inflation)
To do that you would need about about $2m
3% x $2m = $60,000
most investments pay about 7%
so 3% to live on 4% to keep pace with inflation.

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