I recently stumbled on a post by one of my favourite finance writers, Shilpan. He holds a degree in Mechanical Engineering and is quite conversant with scientific laws. In his article: Scientific Laws of Wealth Creation he tries to find a connection between the age old laws of science and modern laws of wealth creation.

If you doubt that scientific laws have little influence over wealth creation efforts, Shilpan will prove you wrong.

Sir Issac Newton was an English physicist famous for the third law of motion which states, "For every action there is an equal and opposite reaction." As Shilpan puts it, application of this law to personal finance is equal to everything we do financially in our lives also carries equal and opposite reaction. It’s true that financial recklessness ends up in equal magnitude of major financial wreck. Those who live beyond their means have to face the consequences of their actions.

Give me a place to stand, a lever and I shall move the earth – Archimedes , Greek Mathematician

Sounds funny huh? As Shipan puts it: In the world of finance, leverage is a widely used principle. If you are buying shares on margin or buying real estate with mortgage, you are using the law of lever. For those who find the term "leverage' as being unfamiliar, it is the amount of debt used to finance an asset, for instance taking a loan to buy shares, or a mortgage to buy to house. While leverage has helped many achieve financial success, it has driven others to their financial ruin. It is a double edged sward which should be used wisely.

Law of elasticity –Robert Hook, English Physicist.

You must have learnt hooks law of elasticity during your high school life. It is an approximation that states that the extension of a string is in direct proportion with the load applied to it, as long as the elastic limit isn't exceeded. From a finance angle, your income can only finance your lifestyle up to a certain limit, living beyond your means is like stretching a spring to its elasticity limit. If you over stretch a spring it will loose its elasticity. If you live beyond your means, you will automatically find yourself going into debt.

Given the minds above didn't have finance in mind while formulating these laws, they did a pretty good job in capturing the basics of personal finance.