A Fool and His Money are Soon Parted!

Money is important thing in the world. It can buy many comforts which will be unable to do away with. It can earn us respect also. People respect the person who is wealthy and powerful, while nobody pays attention to a beggar.

There are wise men and foolish men in the world. Money is safe in the hands of a wise man. If he gets wealthy, he spends it wisely. He invests the money in profitable ventures that will bring him more money.

Once a wise man gets wealthy, he stays wealthy. But it is different with a fool. If a foolish man gets wealthy, somehow or other, he spends it extravagantly without investing it in anything profitable. Soon he will have spent all his money. Instead of utilizing the money, he unwisely spends it all.

This proves that money will not remain with a fool for long. Even if he doesn’t spend too much, he is bound to make unwise investments which may make him lose his money. So don’t be like a fool investor, be wise in taking decisions. Think twice before acting!

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6 Responsesto “A Fool and His Money are Soon Parted!”

1. Wei Liang | ABloggerBlog says:

   December 15, 2008 at 10:22 am

   That was a good educational article. It makes us understand the importance of investment. Wei Liang
2. Simon says:

   December 16, 2008 at 4:48 am

   I agree but sometimes its good t splash out a bit and have some fun – you only have one life, right?
3. Shafar says:

   December 16, 2008 at 2:19 pm

   @Simon
   Yeah of course we should splash out a bit of money for enjoying the life!
4. jj-momscashblog says:

   December 16, 2008 at 4:47 pm

   Hey Shafar, Sometimes a wise man and a rich man is unable to handle his riches as for example the Wall Street trader Bernard Madoff who’s firm at one time was one of the largest independent trading companies in the industry. Now he is up on charges for stealing peoples life savings and most of these people are retired and thought that they would have a nice chunk of money to live out the rest of their lives. Not so,. all because one man got too greedy and scammed hundreds of people. Your post came at a good time Shafar especially when you think about all that is going on down on Wall Street and all over the world. Well there, I got that off my chest…thanks for giving me a platform to spout off. lol
5. Shafar says:

   December 17, 2008 at 2:51 pm

   @jj-momscashblog
   Glad that you quote an example and added more value to this article! Thanks..
6. Salwa says:

   December 18, 2008 at 12:51 pm

   Nice educational article. We should all try to follow this.