Contest: Stories, learnings and reflection #01 (Simple living with abundant savings is more enjoyable)

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Tell us about an incident that happened to you or someone else or that you heard

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When I was little, I lived among very rich people because my parents were also one of the rich people in the city, but I was always taught to live simply by my parents because our family's lifestyle was very simple which made me a poor person.

Because when I saw my friends they had a very luxurious life, their pocket money was also very much at that time which made me jealous, even the clothes my friends wore were also expensive which made me feel very poor.

However, now after decades have passed, our lives have all changed drastically, where we who were previously considered rich can be said to be poor again, but my parents took advantage of our wealth by buying many assets such as rice fields so that now we still have a place to earn a living.

While some of my friends who used to be rich, now they have started to live hard because their high lifestyles in the past could not make them aware of buying valuable productive assets.

The impact it has on you (i.e.; what makes you reflect on it and what you learn from it. For example; you can learn to be humble from the story of the fall of an arrogant man)

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The impact of the lifestyle of my friends and their parents in the past has now made them return to being people who can be said to be poor, but what makes me salute my friends who were rich in the past is that they were never arrogant, it's just that they had a very luxurious lifestyle.

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What made me learn from the incident that I saw at that time and now is that I must always be able to be a simple person no matter how rich I am now, I must also like to invest so that my wealth can increase, because wealth will only be temporary if we are not wise in managing the finances that we currently have.

What do you want to do with what you learn or reflect on and how do you apply it or will apply it in your life or teach it to others

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Currently I always emphasize myself not to prioritize a luxurious lifestyle in myself and I also always tell people around me that they should also live simply if they want to have a better life in the future.

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I also always teach myself and others to continue buying assets when they have money and not buying liabilities that can drain their wealth without realizing it, because for me a lot of money with a simple life will be more fun than living luxuriously but with lots of debt.

This is my entry for the Contest: Stories, Learning and Reflections #01 organized by sister @alexanderpeace, I also want to invite @dekki, @adi.syahreza and also sister @eliany to participate together in this contest.