The Social Obligation for Wealth — New Home Sales Training
When you start thinking about your professional life — whether you’re in school, training, or into your career — you think about how much money you want to earn. What are you worth and what do you need to do to earn that salary?
For some people, “just enough to get by” is sufficient — enough to pay the bills and enjoy life. Sounds pretty good, doesn’t it? Then you meet someone special and realize you have to raise that level because your needs are greater. You want a decent home and a reliable car, and maybe have some savings tucked away for later. When you think about starting a family, the dollar value of “just enough” becomes quite a bit more.
My question is, why not start out with higher standards? Why not think bigger earlier in your life? Why not use that youthful energy to drive harder, deliver greater results, and earn more than just enough to get by? I think the lower standard is selfish. It deprives you of reaching your potential, making a greater difference, and helping others who can benefit from your success. There are myriad charitable organizations that have suffered greatly from the depressed economy, because donors have been forced to be less generous.
Hard work is the road to wealth. And wealth gives you the opportunity to be generous. It’s about giving. Scripturally, the Bible says I should give away 10% of my wealth. When I lower my own standards, I deprive myself, my family, and my community of the resources they need that I could provide if I were to push myself to deliver greater results and the ensuing income.
I have committed myself to becoming wealthy, not so that I can spend freely, but so I can donate freely, as I wish. I want to be able to share my success with others who deserve a helping hand. That’s the social obligation of wealth. And the reward is far greater than you will ever imagine.
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December 29th, 2009 at 9:29 am
I wish I had heard this when I was younger. If we had started saving 30 years ago we would be in a place to truly bless others and not have to worry about surviving.I read that if you save $2000 the first 10 years of your working (age 18-28)and never save another penny, you would retire a millionaire.On the flip side, if you start saving at age 28 and save $2000 a year for the rest of your life you will never catch up with the first scenario.
December 29th, 2009 at 10:44 am
Always uplifting Myers. You really help me put things in perspectives especially as I embark on starting this new business. Just simply reading this post helps me put in order where I am, where I’m going, and where I want to be! Thanks!
December 29th, 2009 at 11:08 am
Margaret, the analogy is true with saving 2 thousand the first ten years with compound interest by age 65 you would be free. Einstein said :”The most powerful force in the world is compound interest.”
As for the future, it is never too late to start. I did not start until my 40’s. It has taken 16 years of 70 hour workweeks, nonetheless, I got stared where I was with what I had….40 was the start.
There is magic in beginning…so let this be your beginning! Myers
December 29th, 2009 at 11:11 am
Leah, thanks! Your comment “where you are going.”Essentially, it does not matter where you are. Rather, the direction you are headed.