RULE 88: Know When To Stop

Oba of Lagos, Rilwan Osuolale Akinolu with ex-PDP Chairman, Alhaji Bamanga Tukur

What? I can hear
a gasp of surprise. Know when to stop?! Didn’t you say earlier that you
shouldn’t rest on your laurels or they will wilt? Yes I did, but that was when
you were starting to get results, not when you’d done really well and were
wealthier than you thought you ever would be. Look, there has to come a time
when enough is enough. There has to come a time when you want to:

• Spend more
time with your family
• Enjoy your
life
• Have fun
• Go travelling
• Get the
work/life balance tipped a bit in favor of the life
• Use your time
to pass on what you have learned to others. 

“I am always impressed by people like Bill Gates, who decided to retire from
his work to run his charitable foundation. In his case, he probably didn’t need
and couldn’t spend or count any more money than he already had/has and it’s
probably accumulating faster each day than he can count”.

Of course you
might be able to do all of these without giving up the gaining wealth ideal.
But it is the focus that stops perhaps. Being driven to gain prosperity is a
good thing. But once gained, you should return to the fold so to speak. I am
always impressed by people like Bill
Gates,
who decided to retire from his work to run his charitable
foundation. In his case, he probably didn’t need and couldn’t spend or count
any more money than he already had/has and it’s probably accumulating faster
each day than he can count. He’s probably living on the interest on the
interest on the interest on the interest… 
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And I see his
close second in the wealth stakes Warren
Buffet
is doing the same – and actually contributing to Bill’s foundation. I know these boys
are playing around with sums well into the billions but their hearts are in the
right place. These sorts of people are where this rule comes from. Others doing
the same include Thomas Monaghan,
the Domino Pizza founder, who is
reputed to have given away over a billion dollars and founded Ave
Maria University
.
You’re thinking that you aren’t anywhere in the same
league. No, but you can still have an end game strategy whereby you build an
‘enough is enough’ clause into your plan. Otherwise where do you stop? How much
is enough? Where do you draw the line? There is an Arab saying: ‘If you have
much, give of your wealth; if you have little, give of your heart.’
So when
you get a lot, give some of it away – we’ll speak more of this in a moment. I’m
not going to browbeat you about giving to charity but I am suggesting that
knowing when you’ve got enough money is important. I know there is an
expression that you can’t have too much of a good thing but focusing on
prosperity is only one part of a rich and varied life and you can be too
dedicated.
From The Book; The Rules of Wealth by
Richard Templar
(Read Rule
89
of Rule of Wealth tomorrow on Asabeafrika)

Read-to-Wealth Series








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