The Golden Rule - A Universal Moral Principle
The Golden Rule is a foundational principle in the moral/ethical/religious systems of the world. Whether Christianity, Judaism, Hinduism, Buddhism, Confucianism, etc., most everyone agrees:
"Do unto others as you would have them do unto you."
In an era of moral relativism, most every religion, philosophy, and culture agrees with this universal virtue: "Treat others as you would like to be treated."
The Golden Rule - A Universal Financial Principle
Many forget that the Golden Rule is also a fundamental principle in the financial world. Although this version is not universally appreciated, it seems a universal reality. In the capital realm, the Golden Rule declares:
"Those who have the gold make the rules."
Although unappreciated by many, the Golden Rule of finance is true. Just look at the imperialistic empires and maritime civilizations of history. Just look at the superpower governments, multinational corporations, and mega-banking institutions of today.
However, beyond the obvious big picture, the Golden Rule of finance also applies to each of us on a personal level. In our own lives, "control of the gold" is directly applicable to lifestyle choices, family mobility, wealth-building, charitable giving, retirement planning, and financial freedom. Of course, love, purpose, meaning, and joy are the most important goals in our personal lives, but it seems we want to close our eyes to the obvious financial component...
"Those who have personal capital can better pursue the things that really matter in life."
Although far from spiritual truth, Friedrich Nietzsche once made a profound statement of financial truth: "No price is too high to pay for the privilege of owning yourself."