RULE 9

If they give it to you, it’s yours

I think we’ve pretty much established by now that other people’s money belongs entirely to them, to do with as they please. So it follows that you can do as you like with your own money.

But where did your money come from? Does that make a difference? It shouldn’t, but for some people it does. If you’ve earned it through your own graft, you’re probably fairly comfortable with making your own decisions about what to do with it. Ah, but what if it was given to you by someone else?

I’ve known people tie themselves in knots worrying about whether it’s OK to do this or that with money given to them by family or friends, or inherited from someone who isn’t even alive any longer to see how they spend it.

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