Words of wisdom
By @mayka123
@mayka123 (16605)
India
February 5, 2009 4:24am CST
These are some words of wisdom sent to me by a friend which I wanted to share with all of you here.
SPENDING
If you buy things you dont need, you will soon sell things you need.
SAVINGS
Dont save what is left after spending, spend what is left after saving.
HARDWORK
All hard work brings profit, but mere talk only leads to poverty
LAZINESS
A lazy lobster is carried away by the water current.
EARNINGS
Never depend on a single source of income
BORROWINGS
The borrower becomes the lender's slave.
ACCOUNTING
It is no use carrying an umbrella if your shoes are leaking.
AUDITING
Beware of little expenses, a small leak can sink a large ship.
RISK TAKING
Never test the depth of the river with both feet.
INVESTMENT
Never put all your eggs in one basket.
I am sure all those who have been practicing these principles remain financially healthy. I am equally confident that those who resolve to start practising these principles will quickly regain their financial health.
Let us become wiser and lead a happy, healthy, prosperous and peaceful life!
4 people like this
18 responses
@mimpi1911 (25464)
• India
5 Feb 09
This is so good! Thanks for sharing these words of wisdom. Right ow I can remember one quote that i want to share with you.
One cannot expect to become happy without hardship or effort. Because we challenge ourselves we become strong. To become strong is to become happy.
This I find very true. Hope you like it as well.
Be the happiest.
1 person likes this
@darlington22 (19)
• Israel
6 Feb 09
I COUNT MY SELF VERY LUCKY TO HAVE COME ACCROSS THIS ADVICE.thanks for sharing them with us.it remids me of a saying that 'if you fail to plan, you have planned to fail.'and resilience brings unexpected benefits.the CEO of HOME DEPOT is a living witness
1 person likes this
@ANTIQUELADY (36440)
• United States
5 Feb 09
very good advice. wish everybody would take it. i just wish everybody could see that those rainy days come along.
@moonlitmagikchild (22181)
• United States
5 Feb 09
good advice 
i especially like these..
BORROWINGS The borrower becomes the lender's slave.
AUDITING Beware of little expenses, a small leak can sink a large ship.
both are very true
i especially like these..
BORROWINGS The borrower becomes the lender's slave.
AUDITING Beware of little expenses, a small leak can sink a large ship.
both are very true1 person likes this
@Roseo8 (2947)
• India
5 Feb 09
Hello Mayka....Well I think you have become a wee bit too late in sharing these words of wisdom with every one....Just imagine if you had sent these words of wisdom to the Layman Brother's before they became bankrupt,then this whole global economic crisis could have been averted..........
ok...Jokes apart,these words of wisdom speak for themselves and are great guidelines for financial management....Thanks for sharing,Mayka........
ok...Jokes apart,these words of wisdom speak for themselves and are great guidelines for financial management....Thanks for sharing,Mayka........
@cripfemme (7698)
• United States
11 Feb 09
These are very smart words. My favorite saying which I kind of live by is from my friend Mary Frances (may she rest in peace): everything in moderation including moderation. I think that's true. People should try to be moderate in the use of things like salt and sugar as well as in my opinion profanity. However, saying you will never do something you know you shouldn't do will just turn you into a liar.
@nengs10 (3180)
• Philippines
6 Feb 09
These words really bring wisdom and inspiration. In this new year, we are all hoping to have prosperous endeavors and good opportunities. But it's still up to us how we would deal with our lives. Life is always tricky. It's never predictable. So, let's be very keen and careful with our decisions.
@bing28 (3795)
• Philippines
6 Feb 09
Nice post, I love to read these. We're learning from each other's post. I love most the word of wisdom for savings. "Don't save what is left after spending, spend what is left after saving. Just like saying, we have to have budget for everything. Separate first your savings before go shopping. Don't shop first without leaving the money for your savings. Otherwise just a little or nothing would even be left for savings. As, should we have enough money on hand while shopping our tendency is to buy and spend more. Thanks for posting.
@trendyclothes (294)
• Philippines
5 Feb 09
having once deicded to achieve a certain task achieve it all costs if tedium distaste. The gain in self-confidence of having accomplished a tiresome labor is immense. --- arnold bennett
i like this.. its too boost out your self confidence
@dpk262006 (58676)
• Delhi, India
5 Feb 09
Quite a useful suggestions and very practical too. I feel that we should always take steps as per the advice given in your post. Acting upon this useful advice will make us more wiser and we'll be able to save a lot. I act upon some of the quotes, mentioned by you, in my day to day life. Many thanks for bringing out the same to our knowledge.
@nini89 (670)
• India
5 Feb 09
Thanks for the words which you shared. Lets see we can follow these words and be financially well healthy. But as we think we have to save something and spend the balance it can be possible. when we get the payment for the particular month first thing we have to do is to invest somewhere in the bank so that we wont be in a loss and we can save that much money. Its a good idea so start from this month onwards and see how much we are spending keeping side the expenses.Happy mylotting and have a nice day.
@prasanna1990 (816)
• India
5 Feb 09
fine good posting and good words of wisdom i have come accross these words in my life
@daddyfree (122)
• Philippines
5 Feb 09
this is quite good! this can give everyone a wake up call. Even for me. I think we read this everyday, we would be a better individual and think about our lives too. Our future will be helped from these words...
