Q. Wealth in Youth
A. When you have wealth in youth and you don’t utilize it properly, the money will leak out damaging you. Wealth in youth means that you are being watched if you can use this in the right way.
When you don’t utilize money properly, the money will leak out damaging you.
If wealth was given to you in youth, put all money into a bank account and let the bank utilize your money and you keep studying. Your money will increase over time. As you are not ready to use it, save it into your bank account. It’s the matter of how you think. If you think ‘my money is in my bank account’, then it means the money is yours, so it won’t work. Because wealth was given to you when you were not ready to use it, keep them in the bank so that society can utilize it. You should return to focusing on your study instead. When you are really ready to do something, you can visit the bank and take what you need.
Wealth given in youth is not your own money. It is a test if you can use it in the right way. You could ruin your life for the rest by mishandling wealth.
Wealth given in youth is not your own money. It was given earlier so that you will be using it for the future. It depends on how you use it, you could go through hardships in the future, or you could lose it all – it is a test.
One with a huge potential would complete the test neatly in the right way. However, an average man would fail the test and ruin his life from misusing the given wealth. When you were given wealth at a young age, keep it in the bank and spend it only for your study. It’s not for you to spend now, so leave it in society and develop yourself.
When you were given wealth at a young age, keep it in the bank and focus on developing yourself.
It’s all right to spend as much as it is to develop yourself. You should focus on developing yourself in youth. Yet, if you spend your money on an investment, it may succeed a couple of times and you may make some profits out of this. However, on your third trial, you will lose everything. Anyone who tasted success on the first two trials would always go for their third trial. Grand Nature already reads your mind and watches you fail the test.
Be always careful when wealth comes to you in your youth. You could ruin your life for the rest by mishandling wealth. Wealth in youth is not yours. It is a test given to you.
Money that comes before the age of 40 is not yours. When you reach your 40s, you should practice on how to spend it.
(Questioner: An old lady whose age was almost 90 at the farmer’s market once told me. “Young man, don’t try so hard to earn money.” And she said, “Money that comes before the age of 60 is not yours!” )
Well, she went a little farther. It is not yours until you’re 40, not 60. When you reach your 40s, you should do a little bit of practice on how to spend money.
When you spend money, you should use 30% and save 70% of it.
When you spend money, you should always use 30% of it. You should always leave out 70% of what you have. With the energy of 70% you saved, you can make correct discernment on how to use 30%. You should always save 70% of your wealth even if you are a street vendor selling baked bread.
Since you have 70% energy left on you, you would treat customers in the right manner, learn more about the world, fill up more energies by embracing your circumstances.
If you decide to invest only 30% of your wealth in your business, you will always be relaxed with generosity when treating customers since you have 70% energy left on you. You won’t be a petty bread seller who works for money-making. You would treat customers in the right manner, learn more about the world, fill up more energies by embracing your circumstances.
When your business goes well, you can invest 30% of your increased possession again which equals to investing the rest 70% of what you used to have anyways. But in reality, you still have the 70% left with you. This is how one grows one’s business properly.
You should always store up by 70%. Why should it be 70%? Even if things go wrong, you could replace its energy with 70%.
You should always store up by 70%. Why should it be 70%? Even if things go wrong, you could replace its energy with 70%. So, you should always keep it. 70% should always be stored. If you have $1 million, then you can use $300,000. If you try to do something with $1 million then you would lose that money for sure.
There you will need to invest money later on and you won’t be able to discern things right from this point because you would feel anxious. But if you have $1 million and plan to use $300k, then all you will need is exactly $300k. And so you would deal with customers in a confident manner. Your money would increase from this point. That invested amount of $300k will be filled in. It would reach $1 million soon. And it will keep increasing. Then, you can invest again with the profit you made. It is the rule in investment.
If you invest 30% of your wealth, you would always feel sufficient. So, you would be able to discern and invest correctly.
The law is to abide by the rule of 3:7. The same rule applies for investment in stocks. If you invest 30% of your wealth, you would always feel sufficient. So, you would be able to discern and invest correctly. The more you spend over 30%, the less probability of success it becomes. You will be discerning things incorrectly from anxiety. Therefore if you spent 30%, even if it went wrong, you won’t feel anxious as you still have 70% to recover. This time, you will have spare capacity to discern right.
(To be continued on episode 2)