Thursday, June 05, 2008

Life's Ponderings

I stumbled into someone blogging about life. Why coming to earth empty handed and will return with nothing, that she must burn midnight oil for exams and worry about making a good living?
Here is my perspective. While we are born with nothing and cannot carry anything to afterlife, we are here to learn. Living requires effort. We have now organised ourselves such that basic survival is no longer enough. The trouble is more and more of us are born in the civilised world. We are unable to live off the land. So we all have to find some thing that someone will pay us for to order to buy basic necessities such as food and shelter. After basic necessities are met, we look to fulfil our "higher needs" remember Maslow? After a while, we think the rat race is tiring and endless. We questioned again about life.
The rich get anxiety over money. Here is an excerpt from New York Times:
NANCY CHEMTOB, a divorce lawyer in Manhattan, has found that her days have become crammed seeing clients, all worried about how an economic downturn will affect their marriages.
CUTTING CORNERS Sometimes, sacrifices have to be made.
They seem to have nothing to fret about: their net worths range from $5 million to $1 billion. A blip in the markets shouldn’t send their chateau-size Park Avenue co-ops to foreclosure or exile them to Payless Shoes.
But Ms. Chemtob’s clients are concerned all the same, she said, because their incomes have shrunk, say, to $2 million a year from $8 million, and they know that their 2008 bonus checks are likely to be much less impressive.
One of her clients recently confessed that his net worth had decreased to $8 million from more than $20 million, and he thinks that his wife will leave him. He has hidden their fall in fortune by taking on debt to pay for her extravagant clothes and vacations.
“I literally had to sit there and tell him that he had to tell his wife that she had to stop spending,” she said. “He was actually scared she would leave him because their financial situation changed so drastically.”
The wealthy don’t generally speak publicly about their finances, in good times or bad. It’s in poor taste, for one, and their employers could fire them for talking even a little. But people who provide services to the wealthy — lawyers, art advisers, personal trainers and hairstylists — say they are getting an earful about their clients’ financial anxieties.
For the full length article, click here: http://www.nytimes.com/2008/06/01/fashion/01rich.html?scp=1&sq=rich+anxiety&st=nyt#

2 comments:

Janette Tang said...

Hi Book Lover =p

BookLover said...

Smart girl! =p =p