Joseph's "Just My Thoughts"

Most successful wealthy people consistently say that “wealth comes from the mind.” In a way, this notion seems like a luxury that only accomplished individuals can afford. However, it is true. The essence of money is merely a representation of the idea of credit. In other words, money is philosophical, and wealth is nothing more than the application of ideas. Wealth originates in the mind because it results from engaging with philosophies and ideas. Therefore, to achieve wealth, you must first learn to control your mind. Developing money-making skills follows next. - Joseph’s “just my thoughts”

Recording and storing purposes include reloading, confirming, and recalling memories and data when needed later. There is nothing more foolish than when recording and storage become ends in themselves. The same applies to money. When frugality and saving become ends in themselves, the function of generating profit through investing money and creating surplus by spending turns into foolish storage that fails to achieve a positive function. Such a person will engage in activities that neither they nor others can benefit from. We should always examine whether the ends and means have been interchanged. - Joseph’s “just my thoughts”

Power is often granted rather than generated. In other words, it derives from the consensual approval of others. The dilemma lies in whether to use the power conferred to the organization. If power is not utilized when it should be, it leads to neglect and a breach of trust. Conversely, if it is used when it should not be, it constitutes interference and violence. So, how do we distinguish between these situations? It should be exercised decisively when disagreements need resolution, when injustice or crime is anticipated or has occurred, or when harm is expected to be, or has been, inflicted on someone. In these instances, the use of power must be accompanied by accountability. Power should be deployed only if no one else is accountable for the choices and decisions made. Otherwise, it is better left to the organization’s discretion. Consequently, power, leadership, and benefits are healthy only when proportional to the level of responsibility. - Joseph’s “just my thoughts”

One of the misconceptions people have is that they believe they ‘buy (get)’ things with money. However, in reality, it is an exchange of money for goods. You might question whether these two concepts are similar, but there is a significant difference between them. In other words, it leads people to forget that money is also a ‘good’ whose value fluctuates based on the amount available in the market. This creates an overconfidence in money. In terms of value, money is only as valuable as its role and mission in exchange. If the role of food is to ‘eat,’ then the role and mission of money is that it is endowed with ‘the power to exchange anything.’ If money can’t be exchanged for food, can you eat money instead of food? The standard that allows goods to exchange roles and missions with each other is called ‘price.’ - Joseph’s “just my thoughts”

If you don’t examine your mind occasionally, you may find yourself dominated by it. The issue is that our minds are far from perfect. The mind is not directed or influenced by your life; rather, it feels satisfied when it achieves a sense of balance. However, achieving balance doesn’t always equate to perfection. - Joseph’s “just my thoughts”

If someone lacks mental strength, they can’t keep anyone in their thoughts due to exhaustion. You can obtain mental strength by emptying your mind. - Joseph’s “just my thoughts”

Cash serves as a universal means of payment for exchanging goods and services that everyone needs. For manufacturers to continue producing these goods and services, prices must be slightly higher than the market value of cash. This is because if the value of the goods or services produced falls below the cash, manufacturers or service providers will prefer to hold cash instead of producing these goods or services. Consequently, it is accurate to say that the value of cash is less than that of the goods or services. However, people desire cash because it functions as a means of payment endowed with “compulsory circulation power.” In other words, cash has no limits on the exchange of value and possesses the capacity to reward even human life. Due to its enforced value exchange by law, people consistently strive for cash, even if it holds less value than goods. Therefore, all economic indicators and expressions of wealth are converted into cash. - Joseph’s “just my thoughts”