More income is not more wealth!

Imagine someone earning two crores a year fretting about money....

Yes.. 2 crores...

Yes .. 2 crore rupees

Yes... now in 2018... and its not 3018.

Ok.. stop laughing... it does happen and it is happening around us.

What is wealth.. the ability to live life without worrying about money. ...

Wealth doesnt mean that you are earning very high .income from a job... and it doesnt mean that people who have large income from jobs are wealthy!!

Today i find people little apprehensive about money even when they are earning very high incomes. They dont seem to have the peace of mind that should come with a few crores in the bank.

I remember an old boss of mine was always very  calm ( vijay sir). Never perturbed. Always smiling even in the face of adversity.
Someone one day asked him ( more senior than vijay sir) how he remains so calm... and all he said was " it helps to have a few crores in your bank account!". This was 2003. Those few crores most likely are now in 15 yrs at least 8 crores !

Money matters when handled properly get the mind free from all worries professional or personal... point is when handled properly.

When more money comes in , then there is always an tendency of spending more and spending more on stuff that is really not adding to your asset column.

This person earning 2crs seems to be spending a lot on jewellery and other fine dining activities thus causing perplexing emotional responses to lack of money in the bank.

What one does with the money one earns defines how much money one will have as time passes on...

Like monopoly whose secret is 5 green house and 1 red hotel.. we need to build assets vs losing money in expenses

Learn from other peoples mistakes and successes...

Thats simplefinancialsense