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Books Culture Soumanou Salifou September 28, 2023 (Comments off) (445)

Too Good and True: “You Are Always Good to Go”

These are excerpts from the author’s book “Deep,” which contains eight of his small books published in the form of Wisdom Literature covering different aspects of life: Facing troublemakers, dealing with pain, personal financial issues, gastronomy, reading, criticizing, inspiring, and feeling always good to go.

Series 3: Pocket – Your Personal Economy.

Week 48: When Your Income Increases

  • When your financial resources increase, the doors of spending will open widely before you. It is neither wise nor logical to deprive yourself of what you wished to have or enjoy when your resources were limited. It is important to set your new budget to accommodate the new spending doors that have opened before you without forgetting the amount you need to save.

 

  • Future investments and emergency spending requirements, which you are saving for, are directly proportional to the size of your financial resources. Accordingly, the more your financial resources and the higher your spending pattern, the more you need to save.

 

  • With the increase in your sources of income, allocate funds for charitable work or increase them if you are already used to spending on charitable work. This will benefit you in achieving a psychological balance between the material and morals in your life that you desperately need, in addition to the impact on consolidating your honorable social presence as a result of the announced part of charitable work.

 

  • It is wise not to put off your happiness waiting for it to come true with an increase in your finances. Money may make you more comfortable in material aspects, but happiness—whatever it means—is not associated with money necessarily in a direct or inverse proportion.

 

  • It is natural and important that the effect of your increasing financial resources appears on you, but stay as far as possible from bragging, and beware even of unintentional ostentation. Provoking others will do you no good, whether those whose resources are still limited or those with high incomes who see you as a new guest to their community.

 

  • Managing your financial resources becomes more difficult as these resources increase, especially if they become very diversified. This requires more attention and caution so that this increase does not become a heavy burden instead of a blessing that brings comfort.

 

  • When your financial resources increase significantly, this often leads you to the necessity of dealing with new social classes. Do not be afraid to approach these categories, and do not rush toward them at the same time. In any case, the situation does not require you to abandon your old social group and enter a new one, but you must—for many ethical and even practical considerations—remain closely related and loyal to the social group from which you ascended.

 

  • When your financial resources increase, continuing to increase the number of these resources or even maintaining it should not remain an obsession; the most important thing is the continuation of the feasibility of these resources as a source of rewarding income. Be vigilant to maintain the usefulness and vitality of these resources, even if this requires getting rid of some of them—when their management problems worsen—to allow an opportunity to focus on the rest of the most effective resources.

 

  • It is important to pay attention to the time when you realize that you are in a better financial position. Feeling rich is not always related to additional sources of income or wealth that suddenly falls on you from the sky. You may achieve your target getting rich when your savings are enough to stop your obsession with collecting money and to start enjoying it.

 

  • Some items will remain difficult for you to purchase even after you become richer. Even on a purely financial level, you will not necessarily be able to own everything you dream about when your financial resources increase. The skill of feeling satisfied lies in acquiring what makes you happy within the available amount of your budget in any case.

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