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18

Good Years, Year 2


Surprisingly, it turned out that the one who had the most cash to spare was in fact Benjamin, who knew that Reuben was in need of a house after his wedding. Seeing how he lacked money for the down payment, Benjamin had predicted that sooner or later, he would come looking to him for a loan. He was prepared, and had set aside 5 percent of his annual income for Reuben.

Out of the money that Benjamin had compartmentalized, 5 percent of his income was to be spent on charity. This portion of Benjamin’s money can be given to anyone that needs it most, and this time it was his brother, Reuben. Even though he gave it to Reuben as a loan, he decided to consider this money as no longer his, and took it as helping his brother in need instead.

The original plan was for Reuben to earn money quickly to repay him back within 3 months. However, as he still had not bought his house, Reuben’s loan period grew to 6 months, then a year…

But Reuben still did not have enough, and asked Benjamin if he had more to spare. Reuben calculated that 5 percent of his yearly income was about 1000 shekels, and told him that that was as much as he could offer him.

When Reuben asked for even more, his answer was simply: “Sorry, I have already made plans for each of my shekels, the rest have other places to attend to.” To such an answer, Reuben had no choice but to back away.

Rise Of The Financial Ruler

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