The Goose That Lays the Golden Eggs
For financial independence here’s a good book to get to start
giving you some ideas: The Richest Man in Babylon by George
Clason. It’s a good book to start with on financial independence.
It’s a neat little story; it will give you some great ideas. Here’s the
theme of the book: learn to live on seventy percent of your net
income. This is just a suggestion plan, learn to live on seventy
percent of your net income. Net simply means after taxes. Because
that’s the only money you get to see anyway. Jesus, the master
teacher, said, “Pay Caesar first.” And in this country Caesar takes
it before we ever see it. So, Caesar gets paid. Give Caesar what
belongs to Caesar. In translating this into kids’ language, we call it
the care and feeding of the goose that lays the golden eggs.
Everybody’s got to be taught the care and feeding of the goose that
lays the golden eggs. You don’t tear up the goose and divide it up.
Somebody says “I got me a handful of feathers,” oh no, someone
else says “I got me a wing,” oh no. Poor goose. We won’t have a
goose very long. You must care and feed the goose that lays the
golden eggs.
You may say, well, the goose eats too much. That may be
true. Maybe we all pay a little too much in taxes, I’m sure. The
president is trying to get through the congress some way to reduce
our taxes, so the goose won’t eat too much. Every goose has an
inclination to eat too much. The government spends too much
money. The goose is overweight. I understand that. But we’re all a
little over. Everything by longevity tends to get off course.
Everything needs to be corrected. That’s just part of life. The
longer something goes, the more tendency it is to eat a little too
much, indulge a little too much, try to gather up a little too much
power. That’s just natural. And the government is the same way.
You hire someone to be a servant in your house, and now they want
to take over. You say, “No, I hired you to take out the trash, not to
run the house.”
By longevity, people just gather up, gather up, gather up, more
power, and whatever. And then it’s got to be corrected and put
back in place. Everything needs to be corrected. Our diets, our
lives, our friendships, our marriages, everything tends to get off