I downloaded a book by a 19th century philosopher named Arthur Schopenhauer. It was free on Amazon, I believe the book is called The World as Will. It's full of practical life ideas and thoughts about happiness. I've really enjoyed the book.
Anyway, here's one of his ideas that I think apply to the present that I've never thought about:
When we work for money and have a profession or skill, we realize our labor can bring us more money. But it's another step to realize our money (capital) can make us and supply us with money. And many do not go from the first step to the second.
I wondered why is that so and here's a few reasons I came up with:
1. We're forced to work and become accustomed to gettting money for our work.
2. Investing and saving money takes a certain amount of trust, maturity and sophistication. We're stepping out of our comfort zone and having to rely on institutions to store and grow our money.
This is a big step from just working. That's why I think many say they will work till they die. They are not secure enough to trust, but know they can make money with their own brain and hands.
