To make money or to create Abundance, what’s the difference? Seems like a minor distinction, doesn’t it?
On the surface it is. However, after exploring the subject of abundance in depth, I woke up this morning with an epiphany.
Trying to deliberately make money, doesn’t work. r
Your financial life has a certain trajectory — similar to a train on a track. There will be twists and turns, but you can easily determine where you will end up if you stay on the financial track you’re currently on. What if the traditional methods of working hard, cutting expenses, and saving don’t work for you? Brown bagging it every day won’t cause you to jump tracks and end up somewhere completely different. r
It’s a complex world, but most of us still manage to get on with it: whatever our job may be, we turn up every day and tackle the challenges that come our way.
When it comes to debt, though, it’s not so straightforward. Many people end up with serious debt problems they just don’t know how to deal with. Why is that? r
By becoming more valuable you will increase your “socially perceived value;” the value society believes you provide, for this, society will owe you a debt. What is money but a social debt, it represents the value you’ve provided thus far; what society owes you. You take that social debt (i.e. money) and then purchase whatever you desire in exchange for the debt. r
Franklin knew that knowing the right way to live is much easier than living the right way. Being industrious and frugal each and every day is a tough task, one that most people will never master. It takes an enormous amount of self-discipline and perseverance to become wealthy and successful. r
The second section of the Way to Wealth imparts the importance of frugality. It isn’t enough just to earn money, you have to be smart about what you do with it. In this collection of sayings Franklin describes how a lack of frugality will cause financial ruin and describes the temptations that lead people to spend foolishly. r
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