Wealth is how long we can live after we stop working

Calgary International Airport horse sculpture
Is art the sculpture, the child’s bear’s travels, both, or neither? Invest in art.

 

Wealth is how long we can live after we stop working.

It is not a specific dollar amount.

It’s a balance of expenses and cash flow.

Never invest your money in anything that eats or needs repairing.  – Billy Rose

When they match we are golden.

A deficiency in income means we have to keep working to make up the deficit.

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General human blindness and wealth inequity in America

 

Three months ago Seth Godin shared this post which features a link to the video above, and dialogue unrelated to wealth. It’s mostly about how we have trouble visualizing important statistics and the video is really well done and effective at making things crystal clear.

What still is not clear, to me anyway, is how we put so much stock in tomorrow, without fully investing in today.

Not talking about money, rather personal leadership.

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Climbing up the ladder of success, and buying more and bigger stuff

Group of Giraffes in Florida Zoo
No ladders to climb with Mother Nature

 

The paradox of the American rat race, climbing up the ladder of success, and buying more and bigger stuff:

Being rich is having money; being wealthy is having time. – Margaret Bonanno, American writer

Very difficult to earn serious income without serious time commitment.

The challenge (and opportunity) is to find a way to travel in any direction, and be happy with the view.

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Second Great Leadership Book

Money Is Good
Money Is Good

Wow.  Ever heard that phrase, “Time flies when you’re having fun?” Can’t believe it’s been nearly two weeks since I started writing about the two top leadership books I read in 2009.

Guess what, I never shared the second book.  The Last Lecture was the second great leadership book I read in 2009.  And the first?

Rich Dad Poor Dad, by Robert Kiyosaki.

How many knew I’ve had a Rich Dad Poor Dad book review over on the right hand column all 2009?