Tao Wisdom and Money

Tao Wisdom and Money

Money does not bring happiness.  

As an illustration, Barbara Woolworth Hutton was one of the wealthiest women in the world. She endured a childhood marked by the early loss of her mother at age five and the neglect of her father, setting the stage for a life of difficulty forming relationships. Married and divorced seven times, she acquired grand foreign titles but was maliciously treated and often exploited by several of her husbands. While publicly she was much envied for her possessions, her beauty and her apparent life of leisure, privately she remained deeply insecure, often taking refuge in drink, drugs, and playboys.

Her son died in a plane crash in 1972, at the age of 36, leaving her devastated. Dying of a heart attack at age 66, at her death, the formerly wealthy Hutton was on the verge of bankruptcy as a result of exploitation, as well as her compulsive generosity and spendthrift ways.

What does TAO wisdom say about money?

According to TAO, money is neither positive nor negative; it is all in the human mind.

But how you make your money and how you spend your money may turn money into something either positive or negative.

To increase your wealth in a positive way, focus on doing what needs to be done, and no more. On the other hand, the more you do to make money, the less focused you become, and the greater are your expectations of the outcome. That may ultimately create not only undue stress but also internal disharmony in your life, turning money into something negative.

Increasing your wealth, however, does not necessarily mean spending your money proportionately. That is to say, an individual making more money does not have to buy a much bigger house than what that individual actually needs. To illustrate, Warren Buffet, the billionaire, has set an excellent example: he is still living in his $31,500 home he bought some decades ago.

Another classic example is Ann Russell Miller, a celebrated socialite from San Francisco, also known as Sister Mary Joseph, She, who had ten children and nineteen grandchildren, had grown up in luxury and privilege, and had been living a life of incredible wealth. Instead of shopping at Saks Fifth Avenue she used to do for decades—she suddenly decided to give up everything, and became a nun devoted to living in poverty for the rest of her life. That unbelievable event happened more than two decades ago: one day she held a celebrity party in which she announced her incredible decision, and her announcement was widely reported in the media across the United States. Why did she make such an incredible decision to drastically change her lifestyle? She said she her had a calling, a true vocation that was hard to understand for the general public, and even for the close members of her family.

Excessively increasing one’s wants often leads to unduly inflating one’s ego as well, and thus creating many negative attachments that are often packed in one’s own bag and baggage.

Stephen Lau

Copyright© 2018 by Stephen Lau