“The crown of the wise is their riches: but the foolishness of fools is folly.”
One of the greatest tools of the powerful is to prey on the jealous tendencies of men and women. The ones seeking votes pit the rich against the (perceived) poor and create something called class warfare. In order to manipulate votes they try to make the poor think that their lives will improve if the rich are punished for being wealthy, or “make ’em pay!”
In the last national election I heard things like, “Rich people don’t need all that money,” and “We need to tax the wealthy in order to provide for the poor.” I even heard a teenager essentially say of Mitt Romney, “He’s nothin’ but a rich (anal orifice) that wants to take away our food stamps!”
Don’t Blame the Rich
This proverb doesn’t condemn the rich, however; it praises them. Actually, it praises the wise who become wealthy by saying that their riches are tangible evidence of their wisdom.
Many times the poor are tempted to come up with all kinds of reasons to hate people with more money. They accuse them of all kinds of things, from unjustly inheriting fortunes to steeling from elderly. The jealous and envious run around condemning the rich, while hypocritically wishing they were sailing on the same yacht.
What the “fools” of this proverb fail to understand is that the wise are wealthy because of wise choices. The poor, on the other hand, are poor because of foolish choices.
Choices and Consequences
It has been addressed before, but choices lead to consequences. When we make poor choices regarding money we end up poorer. When we make wise choices we are better off in the end.
For instance, most millionaires in America became wealthy as the result of long, hard work and taking calculated risks. They rarely drive the newest cars, wear the most fancy watches, or live in the biggest houses. Instead of sports cars, according to a book called The Millionaire Next Door, the most common vehicle driven by a millionaire was a used Ford truck. And instead of flashing a Rolex, most wear watches that cost lest than $200.
But as for the “foolish,” well, that’s a totally different story. Instead of working hard, they try hard not to work. Instead of investing in the future, they waste multiple thousands on tobacco, partying, tattoos, lottery tickets, check advances, booze, big screen TV’s, bass boats, jewelry, cell phones, and even wheels that cost more than the cars they drive.
So, the next time you find yourself hating those crowned with riches, take a look at your own investment portfolio. Instead of hating the wise, why not learn from them?