R.G. Le Tourneau, the inventor of large earth-moving equipment, has inspired many, including my wife and me. His machines represented nearly 70 percent of the large equipment and engineering vehicles used during World War II, and over the course of his life he secured nearly 300 patents.
Early in his career, and before he had accumulated a significant amount of money, he determined to give away 90 percent of his income for the rest of his life. Ninety percent! After he became significantly wealthy, he continued to keep only 10 percent of what he made.
Someone once asked Le Tourneau, “How can you be so rich when you give away so much?”
“I shovel it out, and God shovels it back in,” he answered, “and God has a bigger shovel.”
Regardless of your religious belief, there is a profound truth here to consider. Generosity has the power to help others and even more – to transform your own life.
Generosity is also the cure for the disease of “affluenza”, which is the thinking that there is never enough for yourself.
Wealth is more than money. Don’t just plan for your future, live it right now.
Pass it on and share the insights like this that you find valuable.
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You may be thinking you’ve done all you can to have as much money as possible and know you, your family and your money are protected… in our special briefing we reveal the biggest mistakes even smart retirees make and how you can avoid them.
“If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.”
– Henry David Thoreau