So, how much money before you say enough?

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Kartik Jhaveri:  Dec 03 2012, 03:59 IST
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We all need money, but then how much money is really enough for you? Money is a fundamental need and we all know it. Further, we all want a lot of it and we are always on the look out for ways, methods and advice by which we can earn more.

How much is that “more”? Have you ever asked yourself that question? How much is it that will satisfy you? Beyond a certain point, any amount does not really matter. If you are satisfied with R 5 crore then the amount of pleasure you derive from having R 20 crore is really no different.

In economics this is known as the theory of diminishing marginal utility. You may be really excited to make your first million, more exited to have R 5 million as your networth and excitement for you may climax at R 40 million or R 4 crore. Thereafter, for each additional million the excitement reduces and perhaps beyond R 5 crore it hardly makes a difference. Numbers are purely for purpose of illustration. Facts may differ from one individual to another.

So, the point I am trying to convey is that there is only one Bill Gates or Richard Branson or LN Mittal in the world and everyone may not be as lucky to have the same fortune however secretly we, in our sub-conscious, keep telling ourselves, ‘I wish if it were me’.

The point I am trying to convey is that if you really think

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Murty | 03-Dec-2012Reply | Forward
Did any one told you what nice articles you write? This article to me is what "The monk who sold his ferrari" to someone else. Really, You should aim at publishing a book!

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