A fool and his money are soon parted

Wednesday, February 16, 2011

Earning or inheriting wealth is one thing and managing it efficiently and effectively is another. A man may inherit vast amount of money or may land in some lucrative, highly paying job. If he is intelligent, he will use the assets carefully and wisely. But if he is foolish in managing his own affairs, he would be carried away and duped by his false friends who would have gathered around him because of his pomp and show. Overspending and lavish life style could pauperize any rich fellow. Sooner or later, his so-called friends would also vanish. Only then the poor fellow realizes his folly. But once bankrupt, people will turn their back on him. Level- headedness is a great quality everyone should have, more so the rich persons.