6 PRINCIPLES OF LIFE on Money

This story is very true...

Remember the 3-generation story? It also seems true in Motorola. The Grandfather founded the company, the father (Robert Galvin) developed the company and the son (Chris Galvin) trashed the company. Now it is only a shadow of its former glory. I am sure that many of you copied has examples yourself of what I have mentioned. Heard this in Indonesia and Australia. So it is not without foundation.
In Australia, look at the Packer family. The late Kerry Packer successfully grew the Packer empire his father built but look at Jamie Packer & how he is running PBL.

Of course, there are those in the know that breaks this 3-generation curse and ride the company to greater heights and glory.

So, the principles below has some timeless truths in them. Digest them well (ie. think through them) and make them constant companions of your life. They should serve you well.

6 PRINCIPLES OF LIFE on Money

Remember that old Chinese saying:
First generation bring up the cattle,
Second generation ride the cattle,
& Third generation kill the cattle!
Six Principles Of Life On Money 

1.   No point using limited life to chase after unlimited money. 
2.   No point earning so much money you cannot live to spend it. 
3.   Money is not yours until you spend it. 
4.   When you are young, you use your health to chase your wealth; when you are old, you use your wealth to buy back your health. The difference is that it is too late. 
5.   How happy a man is, is not how much he has but how little he needs. 
6.   No point working so hard to provide for the people you have no time to spend with.
Sent by Maxis from my BlackBerry® smartphone