MY WIFE AND I recently welcomed a son into the world. It’s the coolest experience anyone could ask for.
His only interest right now is keeping us awake 24/7. But one day—a long time from now—he’ll need to learn something about finance. When he does, here’s my advice.
1 You might think you want an expensive car, a fancy watch and a huge house. But I’m telling you, you don’t. What you want is respect and admiration from other people. You think having expensive stuff will bring it. It almost never does—especially from the people you want to respect and admire you.
When you see someone driving a nice car, you probably don’t think, “Wow, that person is cool.” Instead, you think, “Wow, if I had that car people would think I’m cool.” Do you see the irony? No one cares about the guy in the car. Have fun; buy some nice stuff. But realize that what people are really after is respect, and humility will ultimately gain you more of it than vanity.
2 It’s normal to assume that all financial success and failure is earned. It mostly is, but only up to a point—and a lower point than many think. People’s lives are a reflection of the experiences they’ve had and the people they’ve met, a lot of which are driven by luck, accident and chance.
Some people are born into families that encourage education; others are against it. Some are born into flourishing economies encouraging of entrepreneurship; others are born into war and destitution. I want you to be successful, and I want you to earn it. But realize that not all success is due to hard work, and not all poverty is due to laziness. Keep this in mind when judging people, including yourself.
Esta historia es de la edición February 2017 de Reader's Digest India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 2017 de Reader's Digest India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
From the King's Table to Street Food: A Food History of Delhi
Pushpesh Pant, one of India’s pre-eminent food writers, is back with a comprehensive food history of the capital.
Who Wants Coffee?
It’s bitter—but beloved around the world
Prevent The Pain Of Shingles
You don't have to suffer, as long as you take two important steps
The Best And Worst Diets For Your Heart
Dozens of diets are touted as ‘best’, but it’s easy to lose track of the fact that healthy eating needs to be about overall wellness, not just weight loss.
ME & MY SHELF
Journalist Sopan Joshi has worked in a science and environment framework for nearly three decades. His book Mangifera indica: A Biography of the Mango (Aleph Book Company) synthesizes the sensory appeal of India's favourite fruit with its elaborate cultural roots and natural history. He writes in English and Hindi.
SWITCHED
In 1962, nurses at a small Canadian hospital sent home two women with the wrong babies. Then, 50 years later, their children discovered the shocking mistake.
ECHOES OF THE PAST
A VISIT TO THE ANCIENT BARABAR CAVES IN BIHAR REVEALS A SURPRISING CONNECTION TO A LITERARY CLASSIC
Fathers of the Bride
A young woman finds a unique way to honour the many men who helped her survive her childhood
Fiction's Foresight
British-Bangladeshi author Manzu Islam's works reveal startling parallels to recent political upheavals in Bangladesh, begging the question: Besides helping us make sense of our world, can stories also offer a glimpse into the future?
It Happens ONLY IN INDIA
The Divine Defence Picture this: A tractor in Rajasthan‘s Banswara district,a group of loan agents closing in to seize it and the defaulting farmer and his family standing by.
