The Secret To Being Rich

By Ron | Jun 13, 2008

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Easy Money

Contentment makes poor men rich; discontentment makes rich men poor.
—Benjamin Franklin

Again, wise words from a wise man.

Is there an easy path to riches? No. But there is an easy path to wealth. Contentment. Real wealth is not wrapped up in things, rather it’s wrapped up in how you view yourself and your situation.

A Native American grandfather was talking to his grandson. He said, “I feel as if I have two wolves fighting in my heart. One wolf is the vengeful, angry, discontented one. The other wolf is the loving, compassionate, happy and contented one.” The grandson asked him, “Which wolf will win the fight in your heart?” The grandfather answered: “The one I feed.”

I choose to feed contentment. Contentment doesn’t mean you lie down, roll over, and whatever happens, happens. What contentment means to me is an end to the doubt that I’m coming up short, that I don’t measure up, that I have to compare myself to the homes, cars, riches, and things owned by others.

It doesn’t mean I live in a dump, eat crummy food, and drive a bucket-o-bolts. It means I get to live life on my own terms, whatever terms I choose, not the Joneses. Contentment means I’m the one who decides how much money is enough, not some financial adviser who’s driving a BMW, living in a McMansion financed with an interest only mortgage and is in debt up to his eyeballs.

Is there a path to “Easy Money?” No, but the path to a wealthy mindset begins with contentment, a deep seated peaceful contentment. That’s what I’m talking about.

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9 Comments so far
  1. Frugal Dad (61 comments.) June 13, 2008 7:58 am

    I love this message. Contentment was really the key to my own financial turnaround. It wasn’t until I stopped coveting STUFF that I finally started to make a dent in my debts, and stop the wild spending.

  2. Ron June 13, 2008 9:11 am

    Thanks FD,
    Contentment seems to be one of the hardest things to learn.

  3. Jeff@My Super-Charged Life (65 comments.) June 13, 2008 1:36 pm

    Ron - I love the grandfather story! I can certainly relate to having the two wolves in my heart. It is often hard to choose contentment, but that’s exactly what it is, a choice. I need to spend some time contemplating this one!

  4. Rachel @ Master Your Card (6 comments.) June 13, 2008 4:00 pm

    You have really made me think about my situation. I am working hard to pay off my mortgage and as a result the family are cutting back on lots of things. sometimes I feel jealous and wish I had a nicer house, clothes etc but overall I am happy, no money can buy the loving family that I have and I also love the smug feeling I get every time I pay off a chunk of mortgage!

  5. squawkfox (3 comments.) June 14, 2008 2:42 pm

    I don’t own much “stuff”. When people walk into my home they see a very minimalist uncluttered space. I often get asked how I can live with so few things. What people don’t realize is my life is very full (and so is my bank account). :smile:

  6. Andy Wood (4 comments.) June 15, 2008 7:01 am

    Great post, Ron. Kind of frustrating when you realize that we live in an economy that rises or falls on its ability to make you and me DIScontent and want or buy more stuff.

    To follow up your statement that contentment doesn’t mean lying down and rolling over, consider this quote from John Eldridge: “Contentment is not freedom FROM desire, but freedom OF desire. Being content is not pretending that everything is the way you wish it would be; it is not acting as though you have no wishes. Rather, it is no longer being ruled by your desires.”

  7. [...] recently read an article at The Wisdom Journal where Ron shared the following story: A Native American grandfather was talking to his grandson. He [...]

  8. [...] The Secret to Being Rich [...]

  9. Back To The Basics | The Wisdom Journal September 26, 2008 12:03 am

    [...] need a new car, boat, house, flat screen TV, vacation home, truck, plane, furniture, or wardrobe? Contentment will take you a long way financially so cut those expenses. 2. Budget your income starting TODAY. [...]

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