Nakanoshiro Yoshihisa’s Secret to Getting Rich: How to Let Wealth Naturally Come Closer to Us

Japanese legendary business operator Yoshihisa Nakano’s book 「お金と銭」(Money and Private Money) teaches in depth how to build the right money values and life philosophy. The author distinguishes between “wealth” that contributes to society and “private money” that satisfies private desires. By accumulating virtue and putting it into practice, he claims you can turn your luck around and make wealth actively come closer to us. This article is an excerpt and key-point summary from the Ben-san Japan Roundup YouTube video.

How does Yoshihisa Nakano define the difference between “wealth” and “private money”?

In his book “Money and Private Money,” Yoshihisa Nakano gives “wealth” and “private money” two completely different definitions, which are the core concepts of his personal finance philosophy.

Private money: Refers to money spent only to satisfy private desires. These kinds of expenses are typically used for personal enjoyment—such as spending money only on buying brand-name bags, staying in luxury hotels, or driving luxury cars. Mr. Nakano reminds that if “private money” is used merely to fill personal wants, you will fall into a vicious cycle of “losing money.”

Wealth (お金, Okane): In Japanese, “お金” has a beautifying nuance, giving people a positive and valuable feeling. The wealth as defined by Mr. Nakano is money used with a selfless mindset. When we spend money on things that can bring happiness to those around us, take care of others, or support meaningful causes, money will “come alive” and bring compound growth to you, becoming wealth.

Private money pursued for self-satisfaction can never be held on to. The “money” spent for “the happiness of others and society” can earn wealth with “double compound interest.”

Pursuing only private money damages virtue, while continuously accumulating virtue keeps compound interest working. Mr. Nakano believes that when we clearly feel “people are more valuable than money” while spending, we can accumulate fortune, and money will naturally flow to us without end.

How to become richer the more you spend

In the book, Yoshihisa Nakano shares the secret to “the more you spend, the richer you get.” He emphasizes that when consuming, you should feel grateful and apply funds to create happiness for others, so that wealth will naturally circulate with compound interest. In addition, Mr. Nakano also provides non-woo ways to improve your financial luck, such as building morning habits and cultivating a network of positive, virtuous people.

You can’t hold on to wealth because you’re earning “ill-gotten gains”

Mr. Nakano believes “virtue” is the power that attracts luck and happiness, while “damaging virtue” pushes things in the opposite direction. Specifically, he says that damaging-virtue behaviors can be seen in how you make money, your mindset when spending, and your way of dealing with people. When you do damaging-virtue behaviors, wealth will never be held on to. Mr. Nakano believes that obtaining ill-gotten gains through the following ways will lead you into a financial crisis.

Stimulating others’ desires and fears: Profit by manipulating people’s negative emotions.

Unnecessary large-scale production: Cause resource waste and environmental burdens.

Destroying nature: Sacrifice ecological environments for commercial benefits.

Scam and illegal activities: Speculation, scams, or any other illegal business behavior.

In daily life, what simple “accumulations of virtue” can bring compound interest?

Yoshihisa Nakano suggests that in daily life you can “accumulate virtue” for yourself through financial spending. If you build money values in your everyday life, it can bring compound interest.

Spend money for others’ happiness: Spending money on the people who have taken care of you can bring happiness to those around you. When you clearly feel in your heart that “people are more valuable than money” while spending, this money will bring compound interest to us.

Generous giving within your means: The focus of donations is not the size of the amount, but the intention and willingness to contribute to society. This kind of behavior lets wealth begin to circulate and attracts more money flowing toward you.

Say “thank you” sincerely at checkout: This is a habit Mr. Nakano has had for a long time. He believes that behind every item we buy—no matter if it’s just a cup of convenience-store coffee—is the hard work accumulated from countless people. By expressing gratitude with a single line of thanks, you can continuously accumulate your own “virtue.”

Build a mindset of contentment in consumption: Clearly calculate necessary living expenses and set a spending limit so that material desire doesn’t endlessly expand as income increases. Avoid the “private money” you spend just to satisfy “private desires” for vanity—only spending for self-satisfaction will trap you in a cycle of financial misfortune.

Take initiative to approach “virtuous knowledge” people: When we build relationships with positive people, we can, through their influence, also let wealth come to us.

This article Yoshihisa Nakano’s secrets to getting rich: How to naturally draw wealth toward us was first published on Lian News ABMedia.