John Balguy said,”Contentment is a pearl of great price, and whoever procures it at the expense of ten thousand desires makes a wise and a happy purchase.”
Many Americans today are filled with discontent. They envy and covet and desire that which they cannot afford and do not need. They spend money they don’t have to buy that which they don’t need and wonder why it doesn’t satisfy them. They seek to feed their pride. They have forgotten the warning expressed in Proverbs 16:18: “Pride goeth before destruction.”
Contentment and thrift are part of the answer to the horrible debt bondage that most families suffer under today. Cicero said long ago: “Men do not know what great wealth thrift is.”
In order to stay content and grateful for the blessings you already enjoy and to avoid the bondage of unendurable debt don’t compare up to those who live beyond their means or who earn a great deal more than you do. As you compare your lifestyle with those who are less fortunate you are likely to feel the gratitude that breeds contentment.
This does not mean that you should not work hard to better your situation, but one must ask “how much is enough?”. When I was in high school I told my grandmother that I planned to be rich some day. She asked: “Why, will you need more than three meals a day some day?” It was her way of saying be contented.
As we learn to be thrifty and careful in our expenditures we will learn that we can be happy spending less. We will avoid debt and life shortening stress. Heavy debt brings with it a host of health hazards. Stress from indentured servitude can be a killer. What is your peace of mind worth? What is the value of not having creditors dictating your life? What will that freedom mean to you?
Developing a penchant for thrifty living may lead you to pack a lunch rather than go out to eat. It may require you to plan ahead and save for an item or an event rather than going into debt for it. It might suggest that you develop the ability to negotiate and the habit to do so. Having a thrifty mindset might lead you to fix things rather than replace them. You might forget about following fashion. You may find that you control your spending by purchasing what is needed and avoiding some of what is wanted (at least until you can afford it). You might start to practice and even enjoy some self denial. A thrifty mind might lead you to join a thrift club or take a thrift newsletter. You may decide to use what you have and make do with that rather than feel you have to have the latest cell phone or the most recent version of software, etc.
Start from where you are now. Decide to be more thrifty, more aware of your spending, more careful in your decisions, and to practice self denial. Teach thrift to your family and friends. Decide you will live on less, make do, get by, negotiate more, and be content with what you have (at least until you can afford to have more without taking on debt to have it). See my short article called “End Your Indentured Servitude” here: https://www.area-info.net/articles/show.php?cty=Providence&st=Utah&article_id=935 And see my article called “There Must Be 50 Ways To Leave Your Lender” here: https://www.area-info.net/articles/show.php?cty=Providence&st=Utah&article_id=827
Thrift and contentment bring peace, happiness and financial independence. Both are virtues worth practicing.
Disclaimer: Investing in stocks and precious metals is risky and could result in losing money. I am offering ideas for your consideration and education. I am not offering financial advice. Please do your own due diligence. I am not an investment adviser. Precious metals is not for everyone. I promote precious metals as an affiliate of American Gold Reserve. You should do your own due diligence when making investment decisions of any kind. You should consult your own financial advisers before making any investment decision. I make no guarantees that by following any advice or suggestion I might make that you will realize any return. Beware, all commodity markets and other markets carry risk of loss.