What is the definition of success

In a world which is solely motivated by money , can success be only be measured with money? Is it only about the perfect pay package, the perfect position, the perfect house, the perfect car? Or are there some more parameters that measure success?
Shouldn't success be also linked to good education, good cultural values, the right blend in life- personal or professional. But then how do we define good education or good cultural values. Today even education is largely linked to the future prospects of minting money. So an MBA from IIM Ahmadabad is good but a MA from Ahmadabad university is not good enough. Definition of good values too is linked to good money. How often than not, we have been introduced to people from extremely rich families as belonging to " extremely good families" Very often, am sure.
So how do we measure success? Do we raise our own bars and try to achieve them. If yes then wouldn't we be a failures from the perspective of the world? And don't we all at the end of the day want to seem successful from the worlds point of view. Do we have the courage to face the world as social failures but still carry the confidence of having achieved personal successes?

Sad State

Was the advice given by our elders really right- Earn more, Spend less, save more for your bad days? With the advent of the “ feel good economy” the focus suddenly had changed. It now was “ Earn good, spend more speculating on your future income”. Nobody created that small nest for the bad days. And the result is very clear.
Be it individuals or the large corporates- everyone is facing the heat. The economy is just entering the recession mode and already most of large corporates are cutting jobs and costs. A few quarter of losses was so strong that it over wrote all the past many years profits. What happened to that huge amount of “ general reserve” that appear on the balance sheets of these companies.
What worries me the most is the plight of the young Indian employees loosing jobs. Already over burdened with the society pressure to own that “ big car” and “ big house”, all of them were carrying huge loans and finding it difficult to repay them with the increasing interest costs. Now with the entire global economy going for a toss and no social support available from the government, sustenance for quite a few of them might become difficult.