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Money wealth happiness


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Money Wealth & Happiness - Identify your relationship with money. Discover what constitutes real wealth. Learn how to find genuine happiness.

Published in: Economy & Finance, Business
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Money wealth happiness

  1. 1. Money Wealth &HappinessLarry K. & Lorna Collins
  2. 2. Why Do You Write?
  3. 3. Why do you write?• If your only goal is to become rich… – This isn’t for you – Get a real job – Save like mad – Do something else – Hope for the best – Don’t count on it
  4. 4. Money• What it is: – A means to an end – A vehicle for choice – Nice to have• What it isn’t – A means to attaining happiness – A guarantee of freedom from problems – A solution to all problems
  5. 5. What is your Money Relationship?• Did you grow up poor?• Or did you have everything you wanted?• Did you have to sacrifice?• Or was there always plenty?• Have you always had to struggle to make ends meet?• Did you always feel financially comfortable?• Were you told there wasn’t enough?
  6. 6. Money Attitudes• Magical Thinking – If I just had $ ______.00, I’d be happy – When I get _________, I’ll be content – With $________.00 in the bank, I’d feel secure
  7. 7. Money Attitudes• Poverty Thinking – We don’t have enough – There’s none to spare – I can’t afford to share
  8. 8. Johnny Carson and the Toilet Paper
  9. 9. Money Attitudes• Poverty Thinking – I can’t afford it – I can’t ________ because I don’t have the money – There’ll never be enough – I need to get mine, no matter what it takes
  10. 10. Money Attitudes Lorna’s Childhood
  11. 11. Money Attitudes Income Levels40353025201510 5 0 Upper Middle Poverty
  12. 12. Money Attitudes Income Levels40353025201510 5 0 Upper Middle Poverty Us
  13. 13. Money Attitudes• Abundance Thinking – I have enough to share
  14. 14. Money Attitudes• Abundance Thinking – There’s plenty for everyone – I have enough – There’s always more – I have enough to share – I can afford it, I just don’t need it
  15. 15. • Abundance Thinking – I’m always finding money
  16. 16. Money Attitudes• Abundance Thinking – I’m down to my last hundred
  17. 17. Wealth• What is it? – Cash in the bank – Equity in a home – Stocks and bonds – Inheritance – Retirement income – Something else
  18. 18. Real Wealth Friends Family Memories Helping others Faith Health Simple pleasures
  19. 19. HappinessA Tale of Two Women
  20. 20. Barbara Hutton
  21. 21. Renée Bondi
  22. 22. In 1923, who was:• 1. The Steel Titan?• 2. President of the largest gas company?• 3. President of the New York Stock Exchange?• 4. Greatest wheat speculator?• 5. President of the Bank of International Settlement?• 6. Great Bear of Wall Street?These men were considered some of the world’s most successful of their day.
  23. 23. What ultimately became of them?• 1. The president of the largest steel company, Charles M. Schwab, died in debt.• 2. The president of the largest gas company (AGECO), Edward Hopson, died in a sanitarium• 3. The president of the NYSE, Richard Whitney, was sent to prison• 4. The greatest wheat speculator, Arthur William Cutten, died of a heart attack preparing to go to prison.• 5. The president of the Bank of International Settlement, Leon Fraser, shot himself.• 6. The Great Bear of Wall Street, Jesse Livermore, also committed suicide.
  24. 24. Happiness“Happiness is not having what you want It’s wanting what you have”