Saturday, February 09, 2008

The necessity of being rich

"Always remember that money is not everything,but make sure that you have made a lot of it before talking such non sense"
- Bill Gates.


A very practical quote from a person who has the maximum amount of one of the most controversial things in this world....that is money. Deng Xiaoping once said..." Its glorious to be rich". Now the spiritual gurus say that lust for money is the source of maximum unhappiness in this world.In my friend circle also I always hear friends saying that money is not very important in life,but I never had any shame in accepting that I want to be rich ....rich beyond imagination. Many times it gives an impression that I am a materialistic person and I have lust for money. Yeah I want to have lot of it ,but never had the lust for money.
Afterall who is right "Deng Xiaoping or the spiritual gurus".I my opinion none of them.Both represent the extreme side of the veiws. Money definitely is important. In economy it is the means through which you can buy the things you want.Having moneys means having the ability to buy material things and services. The more money you have ..the more material possesion you can aquire.And the truth is that for a good quality life you need many of those much maligned material things.True that love and happiness are the two most important things that make up a good life.



You need someone whom you can live for...you need a family whose happiness will make you happy many times over.You need affection from your friends and relatives.All these are the main things which make a life happy.These things cannot be bought using money.You cannot purchase true love..you cannot purchase affection.But...but having money means you have enough energy left to love your loved ones.You don't have to worry for the basic needs of your family. Money gives you the power to fullfil those desires of your loved ones which your love alone cannot fullfill.




First of all money enables you the access to best of all the necessary things one needs in life,be it the best education,the best medical treatment ,a nice house etc etc.
We are a social animal and others veiw of us is also important to us.I hate to accept it but except for a very minusicule minority ,every one cares for others opinion about them.And the way how society looks at you is in a major way decided by the amount of money,power,name and fame you have.Thats the way this society works and it will do so in milleniums to come.Because this is how nature has made us. Its in the instinct of every creature to be in awe and fear of the powerful.In case of humans it is the money,name ,fame which translates into power.Unlike animal,physical strenght have little meaning for us. Having money gives you a status in the society ,it gives you many friends ( most of them not true friends,but still you need them ). And most importantly it gives you the confidence to deal with the society on your own terms.It gives us a sense of secuity which helps to keep your mental frame positive.You don't need to worry about the material things.
Whatever I have written may be awkward to many,but you would better understand my point if you look for examples around yourself. My short life have given me my fair share of happiness and sorrow.I have closely interacted with many persons. Some of them really affluent and some in dire financial constraints. And I have seen the difference money brings in our personal and social life. The society behaves like a chamelion.....only going after the rich and trying to get away of the not so rich......and it quickly changes colour when the not so rich becomes rich. You suddenly find that people who avoided you now want to befriend you. Money brings with it a very enhanced social acceptability.And no one can deny this. The way society behaves with you cannot be decided by the love and affection you shower on them. If you are really good with everyone but sadly you are poor.....sorry friend.. people will like you but they will never be comfortable with you .....never accept you as their own.
One thing I have always believed is that if you want to help someone,you should be capable of doing that.You can change the life of those around you and of whole humanity in a much more effective way if you have the power ,influence and money.Today Bill gates is changing the life of millions of persons with his foundation and he has not changed his life style much.He still enjoys a good life.There are mllions of people who want to change the world,who have left their cozy jobs and lifes to venture into villages and war torn area but none of them have done what the money of Bill melinda gates foundation has done.Even to be a philanthrophist you need money.

I have no hesitation in accepting that money has got lot of importance in life and I fully endorse the quote of Bill Gates..... " Money is not everything but make sure that you make lot of it before saying such a non sense ".
The question which always comes in my mind is how much... few lakhs...a couple of millions...few billions..or ...few trillions.Very difficult question to answer.The problem is that with money the law of diminshing marginal utility doesnot apply.Its upto you to decide how much is sufficient.What I feel is that no amount is sufficient but with a condition that in earning more and more of it neither you nor your loved ones should suffer.
Money does not have diminshing marginal utility but it has a break even point. A time comes when the happiness which money brings ( to you and your loved ones ) with it gets outweighed by the unhappiness and lonelyness bought by the effort you put in earning that money. That break even point is different for every one.

Lee Iacocca never worked for more than ten hrs a day but still is one of the most success CEO ever.In his auto biography he has declared his hatred for those who run after money and neglect their family and themselves.But he also declared his love for money.But common people get bogged down by work very quickly......for them its always better to go slow when the breakeven point comes.

"Its always glorious to be rich ,but its more important to love ,be loved and happy."
- Naman Sinha

I think last line of mine is more important than the quote of Bill Gates which is there at the begining of the blog.

3 comments:

Voice said...

i think we all want to have more n more money :P

yeh kehne ke liye tumne itna bada blog likh dia
lagta hai senti ho gaye the

koi na
good quote naman sinha :)
bahut badi si company ke ceo bano jaldi se aur mujhe ushme koi high salary wala package do

Naman Sinha said...

i expect this favour from you.
u would become the CEO earlier than me.
i expect you to give a really good job then.

Nirav Sinha said...

You dished out the best opening line possible, the Bill Gates quote (And a very thoughtful one at the end). Half your job to convince people and help those with a dilemma, of deciding between the evil and good of money, was done with it. I found it very much confirming to my standards about money and the personal break even point of money you talked about.