<IS Money Change Your Life?????????????

Author Topic: <IS Money Change Your Life?????????????  (Read 835 times)

Offline sazzadte

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<IS Money Change Your Life?????????????
« on: December 01, 2011, 04:21:58 PM »
Will Money Change Your Life”
By Christopher Mogil and Anne Slepian
It changed ours, from top to bottom. If we hadn't inherited that money in our twenties, we wouldn't have spent the next decade exploring money and values, wouldn't have written a book about generous givers, and wouldn't have created More Than Money. Everything would have been different--our home, our friends, our calling.

Why is it that sudden fortune is like a tidal wave in some lives and a ripple in others? Why do some people seem to handle these changes more easily than others? We've observed three factors that tend to influence the changes wealth creates:

1) Amount of Money
How grand the wealth--both in absolute terms and compared to your means before--makes a difference. (anonymous author's) lottery winnings allowed his whole family to feel more financially secure, while Lynnaea Lumbard's very large inheritance "swept away" her old life, despite her wish to be unchanged. When the two of us inherited, while the sum was not vast in absolute terms, to us it was awesome, given our then modest means and living expenses.

2) Stage of Life
How your life will change is likely to be affected by your chronological age, but even more by your stage of life. Even if Vaughn and Lynnaea's "before" and "after" wealth had been identical, we predict life stage would have shaped their different responses: he won the lottery in his sixties, not far from retirement; she was in early middle age and not truly fulfilled by her pre-wealth life (even if she was attached to it). When our unexpected inheritance came at twenty-four, our lives were still quite unformed. Had we been engulfed in careers and children, as are many of the same age, a different story would have unfolded.

3) Strength of Character and Purpose
How solid and healthy are your values, your sense of direction and purpose, your integrity, and your relationships? As family wealth counselor Jay Link advises parents, "Wealth does not build character; it only reveals it." Wealth tends to amplify both strengths and we a knesses. If you think of yourself as the container through which wealth pours, with a small flow of money, cracks in the vessel might barely show; but if money is a torrent, those cracks become painfully obvious and may even burst. When we inherited, our values and self-esteem were reasonably strong; even so, we were young and, for a time, became lost in the quagmire of having too many choices.

Many who become suddenly wealthy are ambivalent about money changing their lives: while thrilled to be relieved of financial worry and excited about greater freedom and options, they are often worried about how their relationships and identity may change. Whether the changes are small or large depend, in part, on the amount of money and stage of life they're in. But how well they cope with whatever change comes will depend most on nurturing healthy inner strength and a strong sense of guiding purpose.

Christopher Mogil and Anne Slepian are the founders of More Than Money. They are award-winning writers, presenters, and organizers on issues of wealth stewardship. Their books include Taking Charge of Our Money, Our Values, and Our Lives; Welcome to Philanthropy; and We Gave Away a Fortune.
Md Sazzad Hossion.
Co-Ordination Officer
Dept of Textile Engineering.
sazzadte@daffodilvarsity.edu.bd

Offline tanbir

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Re: <IS Money Change Your Life?????????????
« Reply #1 on: December 01, 2011, 04:33:51 PM »
nice post...
Tanbir
Lecturer, Department of Pharmacy,
DIU.

Offline sethy

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Re: <IS Money Change Your Life?????????????
« Reply #2 on: December 02, 2011, 07:51:33 PM »
I think money can change our outsider look. But can't change our internal factors like our believe, value, perception and our attitudes. So we can say that money can change our life partly.
Sazia Afrin Sethy
ID:101-11-1366
BBA Department,
Batch: 25th,
Sec: B.

Offline nature

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Re: <IS Money Change Your Life?????????????
« Reply #3 on: December 02, 2011, 09:46:24 PM »
Money is need for lead a happy life and we can do any work for earn money. Money can change our life style, Like that,  when a man was not enough money he can not go to the rich shopping complex and can not want so much. But when this man earn money a lot then he normally go to the rich sopping complex and by this way money can change our life style. But we must take care about our believe, values and perceptions that can not change when we have a lots of money, All time we are try to become Honest people.
« Last Edit: December 02, 2011, 09:51:00 PM by nature »
Name: Md. Faruque Hossain
ID: 142-14-1436
Department of MBA
Daffodil International  University
Email:faruque_1362@diu.edu.bd

Offline nfeoffice

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Re: <IS Money Change Your Life?????????????
« Reply #4 on: December 03, 2011, 11:11:50 AM »
nice post. but i think, money is not all about of life. although it is needed to lead a good life. i should say, money is one of the vital elements to have happy life.
thanks.
Syed Noor Alam
Nutrition and Food Engineering (NFE)
Daffodil International University

Offline mehnaz

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Re: <IS Money Change Your Life?????????????
« Reply #5 on: December 03, 2011, 02:08:06 PM »
Money brings good and bad effects in our lives; mostly good because we cannot live without money and everything is acquired using money like the food we eat, our beverages, our clothes,  utilities and everything. I bet you could agree with me if I say money makes the world go around unless if you’re a beggar. I bet everyone know what money is about, even young children already know the importance of money and ask for some coins for candies.
Mehnaz Tabassum

Offline sazzadte

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Re: <IS Money Change Your Life?????????????
« Reply #6 on: December 05, 2011, 09:02:45 AM »
same to my opinion chayan but if u want to do something then u must need some money which is growing ur confidence
Md Sazzad Hossion.
Co-Ordination Officer
Dept of Textile Engineering.
sazzadte@daffodilvarsity.edu.bd