Over the past several months, the headlines have been full of economic misery.

Foreclosure filings hit a record in April. Repo lots overflow with reclaimed cars. And, according to The Washington Post, personal bankruptcies are up 40%.

Some of those hardest hit are enduring a perfect storm in the economy: higher food and energy prices, a weak job market, rising mortgage payments, falling home values, and tougher lending standards.

Others, however, are suffering for a different reason. They chased a blinkered image of success: the idea that status and self-worth are derived from flashy cars, expensive jewelry, or a five-bedroom McMansion in a gated community.

If you can afford these things, fine. Enjoy them. But if they are a stretch, a struggle... could they really be worth long hours, strained relationships, or your kids continually asking "where's Dad?"

After all, life is short. Time expended earning a living is, in effect, trading life for cash.

We all have an overhead, of course. But what else are you trading your life for?

I once heard a customer in a jewelry shop asking the store manager how accurate the Rolex was he was considering.

"Sir," he answered, "I'm more than happy to tell you about the amazing Swiss craftsmanship that goes into each of these timepieces. But, in truth, nothing under this counter keeps time as well as the cell phone in your pocket."

This man knew his business. He wasn't selling watches. He was selling luxury, a certain image of success.

There's nothing wrong with that. The world is full of desirable things. But some of us have forgotten that the important things in life aren't things at all. And genuine success cannot be measured in dollars and cents.

As Bob Dylan once said, "What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do."

"What is success?" asked Ralph Waldo Emerson, "To laugh often and much. To win the respect of intelligent people and the affection of children. To earn the appreciation of honest critics and endure the betrayal of false friends. To appreciate beauty. To find the best in others. To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition. To know even one life breathed easier because you have lived; this is to have succeeded."

Yet, in many ways, society equates success with money and possessions. Some imagine this is a distinctively modern phenomenon. It's not. There has always been fierce competition for resources. Citizens of ancient Greece and Rome hungered for wealth and power, too.

What has changed dramatically is today's level of material prosperity, fueled in part by access to easy credit. Unfortunately, the quest for more can quickly overtake your priorities.

Nearly 150 years ago, philosopher Arthur Schopenhauer wrote in "The Wisdom of Life":

"It is manifestly a wiser course to aim at the maintenance of our health and the cultivation of our faculties, than at the amassing of wealth... Beyond the satisfaction of some real and natural necessities, all that the possession of wealth can achieve has a very small influence upon our happiness, in the proper sense of the word; indeed, wealth rather disturbs it, because the preservation of property entails a great many unavoidable anxieties.

"And still men are a thousand times more intent on becoming rich than on acquiring culture, though it is quite certain that what a man is contributes much more to his happiness than what he has. So you may see many a man, as industrious as an ant, ceaselessly occupied from morning to night in the endeavor to increase his heap of gold...

"And if he is lucky, his struggles result in his having a really great pile of gold, which he leaves to his heir, either to make it still larger, or to squander it in extravagance. A life like this, though pursued with a sense of earnestness and an air of importance, is just as silly as many another which has a fool's cap for its symbol. What a man has in himself is, then, the chief element in his happiness."

The desire to have, to acquire, and to possess, is in principle insatiable. Yet rarely does it generate the fulfillment we imagine. By contrast, doing, creating, contributing, or giving does generate the sense of satisfaction we crave.

In setting our priorities, therefore, shouldn't doing precede having? After all, how can you do what you really want if you're too busy working for what you already have?

So check your priorities. Make sure your actions are in sync with them.

As essayist Christopher Morley observed a century ago, "There is only one success - to be able to spend your life in your own way."

Carpe Diem,

Alex

 

 

Elfin... :)

I didn't know you subscribe to Dr. Paul Brunton's teachings too, as your words suggest...


In this sense, we are truly in kinship... (I do adore Brunton's teachings at heart)... hehehe...

And that's in itself a happy thing to mull over!!!

I prefer to be either very very rich or very very poor.

Simply because when you are very very rich you can help a lot of poor unfortunate people and you can still find friends if they do not know about your riches.

Very very poor because you can still qualify for a lot of subsidies. I mean alot of them. Some of my friend gotten about 50k subsidies besides all those that they apply individually. Pay everything at subsidies rate too.  It total up to be alot. They do not need to work like some middle class have to.  Just apply for all the subsidies because their hubby's income qualify for it. Live like middleclass too. It is unfair to us middleclass. But its true.

Hi. There is a program on Channel U every Tuesday night 11.30pm, discussing such issues. I find it quite interesting.

Let's put it this way...

If one has a choice, would one prefer to be rich or poor (be very, very, very honest) ?

If one's preference is granted, there will definitely be a happier person as a result!!! 

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FairyGal... :)

I am very sorry if I hurt your feelings (and many others' too) when I said that 'happy' people who are notrich  are really goondoos. I know what you mean by what you said in your post. 

But I am only saying  'goondoo' in a loving sense.... I know how people feel...

We, of course, have to make ourselves happy... because no one else can...

FairyGal... :)

I am very sorry if I hurt your feelings (and many others' too) when I said that 'happy' people who are not are really goondoos. I know what you mean by what you said in your post. 

But I am only saying  'goondoo' in a loving sense.... I know how people feel...

We, of course, have to make ourselves happy... because no one else can...