If we don’t have something, we often think we don’t have it at all. However, even when we possess nothing, we fail to check if someone around us has something, and we simply give up. If someone nearby lacks it, we give up immediately. We struggle to identify the next person around us, don’t inquire about introductions, and we lack the courage to reach out. In difficult situations, we see only the fact that we have nothing substantial and can’t contemplate anything beyond that. No, we don’t even attempt to change our mindset. People falter not because they lack resources, but because they don’t think or have the courage. Even though we should live with wisdom instead of just hard work, we often labor tirelessly but without insight. This leads to more downfall; it feels like choosing to perish. Doing our best doesn’t equate to merely working hard. We strive for achievement yet work diligently without being wise. Consequently, we find ourselves falling again. - Joseph’s “just my thoughts”
Regardless of your earnings, spending is inevitable. Therefore, spending holds more significance than merely earning, and wealthy individuals emphasize teaching their children how to allocate money toward education. This highlights that human emotions and desires are central to economic theories. Spending can be categorized into two main types: “consumption” and “investment.” “Consumption” refers to expenditures on necessities or perishable goods, whereas “investment” involves acquiring assets aimed at production. Without grasping these distinctions, money spent may be seen as a “waste.”
- Joseph’s “just my thoughts”
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