Week 11 - Measuring the Cost

 What is your attitude toward money?

I think money by itself is not evil. It just is a means to an end. It is fine If one does not become addicted to it. Money is also a two-edge sword. On one side having too little of it can be crippling and on the other having too much of it can consume you.

How can your view of money affect the way you live?

My personal view of money is a principle I have learned over the years. The principle of just enough. Just enough money for my needs and maybe very little with the things I want to buy eventually. 

I grew up poor and have struggled with not enough money more times than I can remember. However, I also know how to manger my money pretty well because of these experiences. If there is one thing, I know how to do it is pinch a penny. Meaning I know who to be frugal and find ways to may a dollar go further. I never thought this would be a blessing in my life ever, but it is.

Apparently not everyone has this skill and will struggle badly when tough times hit. I am grateful to have grown up poor. It helped me develop money comping skills that I would never have developed in any other way.

What rules are recommended for prospering?

I have pondered this question more than once in my life. What would I do if I ever become wealthy?

I think the key to this is to stay humble. 

I would also not tell anyone that I have made it rich, because then no one would be hounding to give them money.

I would first pay off my own debts. After that I would pay off my family debts anonymously.

Then I would set up scholarships for people who have no other way to get to college than through a scholarship. I would also travel to places on my bucket list discreetly of course not to tip people off to the fact that I have money. 

I think I would leave the rest of my money when I die in trust funds for my five nephews and 2 nieces.