Skip to main content

What Srini Learned today (01/04/21) - Is it possible to be rich and contented?

"Disclosure: Some of the links below are affiliate links, that means, at no additional cost to you, I will earn a commission if you click and purchase from the links." 

There is a saying 'If you didn't learn anything new in a day, you have wasted the day'.

So I am planning to learn something new everyday and share it with you all. 

What I learned today?

I started reading the book 'The Psychology of Money'(Affiliate link) by Morgan Housel. In the beginning of the book, there is a comparison between two men. 

First one, 'Ronald Read' who was a Gas station attendant and Janitor for a long period of time but using tiny savings, made a fortune of $8 million.

On the other hand, 'Richard Fuscone' - a Harvard MBA, Vice Chairman of a finance institute, went broke in his late years.

I am always an avid reader of self development books. But this story changed something in my perception .

I am  not gonna dive into who's policy is right and who's is wrong. But I wonder how can a man have this simple mindset?

With around $8 million dollars as asset, he didn't boast about his wealthiness and didn't show off his money by having a luxurious life.

He had a contented life and had only what he needed. he is also a myth  breaker to a thought that 'Job doesn't make you wealthy'. He simply proved that being wealthy is a mindset and one who has it, will become wealthy whether it is a 9 to 5 job or entrepreneurship. 

All person's lives are lesson not only to them but to us. Learning from other's life is wise, since we don't have enough time to make all the mistakes by ourselves. 

Hoping these two stories gave us a life time of lessons and finishing the post with another saying,

'The Goal is to be Rich, not to look Rich' - Moosa Rahat.

Feel free to give your feedback and if you think this post is useful, please subscribe for future posts.


Popular posts from this blog

Srini's Nice Reads - Aug 10, 2020

Nice Reads is an attempt to tell people the articles which I enjoyed.. Thanks to Twitter and Facebook for introducing such nice reads... How to Stop Being a Worrier and Connect to the Present Moment:      An amazing article, trying to explain the benefits of meditation in a simple way. Even if you are not interested in meditation, it worth the time. The Reality of Being a Work From Home Parent:     Are you a parent who is working from home? or do you think that working from home is easy? Please read this one.. Don’t let a fact that could change bring you down:     Does our present burdens define our future? A short post with a crisp example on self motivation. Meet the real people behind these famous Norman Rockwell paintings:      A post on the Norman Rockwell paintings and their, now, aged models. COPING WITH STRESS – TIPS:     Are you stressed out? This post offers some tips to coping up with stress. This ends today's nice read. Will see you with another set of posts.   HA

What I Learned today (07/04/21) - What are the stages in developing a skill?

Yesterday I learned about How and Where to start in Personal Development . As a continuation, today I learned the common 4 stages in developing our-self in any skill we need to improve. What are those common 4 Stages? These 4 stages are called "Four Stages of Competence" or "Conscious Competence learning model" . Lets see the four stages 1. First Stage - Unconscious Incompetence In this stage, we don't have an idea about the skill or we don't know where we stand. For example, If you want to learn and play football, at first you don't know your skill levels untill you try to play. This level is called Unconscious Incompetent.  The person who wants to develop a skill, unaware about their level or unconsciously incompetent in that skill. Most people, due to fear of failure , reside in this stage without trying. To break it, all we need to do is, "DO IT NOW" attitude. 2. Second Stage - Conscious Incompetence We have tried and we have some knowle