So, how much money before you say enough?

Rupee

We all need money, but then how much money is really enough for you? Money is a fundamental need and we all know it. Further, we all want a lot of it and we are always on the look out for ways, methods and advice by which we can earn more.

How much is that "more"? Have you ever asked yourself that question? How much is it that will satisfy you? Beyond a certain point, any amount does not really matter. If you are satisfied with R 5 crore then the amount of pleasure you derive from having R 20 crore is really no different.

In economics this is known as the theory of diminishing marginal utility. You may be really excited to make your first million, more exited to have R 5 million as your networth and excitement for you may climax at R 40 million or R 4 crore. Thereafter, for each additional million the excitement reduces and perhaps beyond R 5 crore it hardly makes a difference. Numbers are purely for purpose of illustration. Facts may differ from one individual to another.

So, the point I am trying to convey is that there is only one Bill Gates or Richard Branson or LN Mittal in the world and everyone may not be as lucky to have the same fortune however secretly we, in our sub-conscious, keep telling ourselves, 'I wish if it were me'.

The point I am trying to convey is that if you really think hard your probably need much less, perhaps a fraction of what is really owned by these legends. You don't need to worry and feel bad if you don't have the mansions, the private jets or the fleet of Mercedes — perhaps you may not really need it.

... contd.

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus