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The 10 Cannots


wealthymatters,com

Often mis-attributed to Abraham Lincoln,the following ten cannots were put forth by  Rev. Boetcker. They had a profound effect on Margaret Thatcher.She is supposed to have carried a news-paper clipping of these 10 cannots in her now famous handbag.

  1. You cannot bring about prosperity by discouraging thrift.
  2. You cannot strengthen the weak by weakening the strong.
  3. You cannot help little men by tearing down big men.
  4. You cannot lift the wage earner by pulling down the wage payer.
  5. You cannot help the poor by destroying the rich.
  6. You cannot establish sound security on borrowed money.
  7. You cannot further the brotherhood of man by inciting class hatred.
  8. You cannot keep out of trouble by spending more than you earn.
  9. You cannot build character and courage by destroying men’s initiative and independence.
  10. And you cannot help men permanently by doing for them what they can and should do for themselves. Read more of this post
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Don’t Get Too Used To Your Money


wealthymatters.com

The article below is from Saturday’s ET.I was struck by the advice not to get too used to money and that sometimes you will regret saving it.

I also enjoyed reading all the highlighted tidbits on the economic scenario in  Europe.

I was also reminded of my history lessons from my school days;of how a sense of economic injustice in Germany led to 2 World Wars. Read more of this post

John D. Rockefeller – The Man Who Gave Away Shiny New Dimes


wealthymattersJohn Davison Rockefeller (July 8, 1839 – May 23, 1937) was an American industrialist and philanthropist. In 1870, he founded the Standard Oil Company and aggressively ran it until he officially retired in 1897. As kerosene and petrol grew in importance, Rockefeller’s wealth soared and he became the world’s richest man .His wealth was estimated at $900 million in 1913, equivalent to $189.6 Billion today. This is more than the riches of Bill Gates, Warren Buffett, and the Walton family combined! He was the first American billionaire. Adjusted for inflation, he is often regarded as the richest person in history.

Rockefeller came from humble, meager beginnings.He was born to traveling salesman William Avery Rockefeller and his wife Eliza. John D. Rockefeller was the second-born child; he had five siblings. His mother was thrifty by nature and necessity.He learned his penny-wise ways from his mother’s old saying: “Willful waste makes woeful want.“As a youth, Rockefeller reportedly said that his two great ambitions were to make $100,000 and to live 100 years. Read more of this post

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