Wednesday, July 2, 2025

Money, beauty! How can I love debt?

CEO Kiana Danial wants to get rich by offering to make you rich on linkedin.com
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Kiana Dufour signed. Wants rich spouse?
Do our names have anything to do with our life paths?

If one names a daughter "Kiana," will that benefit her more in terms of money or beauty, the main driving forces of a worldly life?

It would be best if she were virtuous, accruing profitable (kusala, wholesome) karma the Buddha called merit to gain the five most desirable things in this world, at least when looked at in the long term.

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SUTRA: Five things everyone wants
What you want, get it by karma.
The Buddha: "O [rich householder], there are five wished for, pleasant, and agreeable things that are rare in the world. What are they? They are long life, beauty, happiness, fame, and [rebirth in] a heaven.

"But of these five things, O householder, I do no teach that they are to be obtained by prayer or by vows [making deals with God or the universe, promising to do something in exchange for a boon]. If one could obtain them by prayer or vows, who would not do it?

"For a noble disciple, O householder, who wishes to have long life, it is unbefitting to pray for longevity or to take delight in doing so. Instead, one should follow a path of [practice in] life that is conducive to longevity. By following such a path, one will obtain long life, be it human or divine.

"For a noble disciple, O householder, who wishes for beauty... happiness... fame... [rebirth in] a heaven, it is unbefitting to pray for them or to take delight in doing so. Instead, one should follow a path of life that is conducive to beauty... happiness... fame... [rebirth in] a heaven.

"By following such a path, one will obtain beauty, happiness, fame, and [rebirth in] a heaven." (AN 5.43)

This vulgar and explicit hit song is about trying to get rich in America

How to get rich right now
I'm the most beautiful Kiana in
the world (Morales/listal.com)
There’s a huge misconception between good debt and bad debt. ๐Ÿ’ธ Both sit in the "liability" column on a balance sheet, but there’s a huge difference between the two, which is the critical differentiator between poor people and rich people:

Poor people have bad debt. ๐Ÿ˜– Wealthy people take advantage of good debt. ๐Ÿค‘ In fact, right now, debt is my favorite type of income!

Our Million Dollar Family Accelerators have accomplished so much using leverage.๐Ÿ’ฐ But be very careful not to confuse the two types of debt in day-to-day life. ๐Ÿšจ

OD Martinique: Kiana (Quebec MOI)
๐Ÿ“‰ Bad debt is a liability on something that doesn’t make money — like luxury bags, cars that depreciate in value, cable TV, and all the other things poor people go into debt for to look like what they think a rich people look like.

๐Ÿ“ˆ In contrast, good debt, also known as funding or leverage (gearing), is defined by the money one may owe to acquire an asset, an investment. It’s something that reproduces after itself to make more wealth — like a skillset gained that will keep on giving for years to come.

Here are some debt strategies wealthy people use to generate wealth:
  • ๐Ÿ  Leverage in Real Estate: Taking out a mortgage to invest in property can amplify returns.
  • ๐Ÿ’ผ Investment Loans: Borrowing to invest in appreciating assets like stocks or funds.
  • ๐Ÿ“ˆ Business Expansion: Securing loans to expand or start a business.
  • ๐Ÿ’ฐ Tax Advantages: Borrowing against investments to fund purchases without triggering capital gains taxes can optimize wealth growth.
  • ๐ŸŽ“ Education and Skill Development: Loans for education or skill enhancement that leads to higher income potential.
Remember, leveraging debt for wealth requires caution and an understanding of the risks involved.

๐Ÿšจ Comment "Toolkit" to grab my risk management toolkit for free to start taking control of your financial future. ๐Ÿ› ️๐Ÿ’ช More

SUTRA: Reasons for getting rich
Are we all agreed that these five are good?
The Buddha: "Householder, there are five reasons for getting rich. What are they?

"... A noble disciple with riches through work and zeal, gathered by strength of arm, earned by sweat of brow, justly obtained in a lawful way, makes oneself happy, glad, and keeps that happiness; one makes one's parents happy, glad, and keeps them so -- likewise wife and children and assistants.

"...When riches are gotten in this way, one makes friends and companions happy, glad, and keeps them so.

"...When riches are gotten in this way, bad luck... is warded off, and one keeps one's goods in safety.

"...When riches are gotten in this way, one makes the five oblations [pลซjฤ] to one's kin, guests, spirits, kings, and deities.

"...When riches are gotten this way, the noble disciple institutes offerings of lofty aim, celestial, ripening in happiness, leading heavenward [to the deva planes, akasha loka, sagga], for all those recluses and good people who abstain from pride and indolence, who bear all things in patience and humility, each mastering self, each calming self, each perfecting self.

"Now if the wealth of that noble disciple, heeding these five reasons, comes to destruction, let that disciple consider: 'At least I have heeded those reasons for getting rich, but my wealth has gone!' Therefore, one is not upset.

"And if one's wealth increases, let one think: 'Truly, I have heeded those reasons and my wealth has grown!' Therefore, one will not be upset in either case." (AN 5.41)

Author Kiana Danial
ABOUT: Kiana Danial is a three-time bestselling author, former engineer, helping people take control of their financial futures and accelerate their freedom with Triple Compounding. She is the founder and CEO of Invest Diva.
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