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Money isn't everything.

April 12 2007
I can hear the guffa's from here as I write this note.
"Money isn't everything but it sure does make life better!"
To this I say ... "well yes and no."

Now the case "for money" is pretty apparent and is made regularly every time you turn on the television or radio by the folks who want you to spend your money on them. So I'll restrict myself to the argument against having an excessive amount of the stuff.
  1. People lie to you when you're rich. When you have what people think is a lot of money they are usually very careful to tell you what they think you want to hear, rather than what they think is true. After awhile it becomes hard to know who to trust.
  2. Managing your money takes a lot of time. Did you ever notice that people with money are always talking about their investments and tax strategies? And did you notice that when the stock market takes a dive, how bad they feel when they lose more money in one day than you'll ever see in your entire life time. ... Trust me, managing a lot of money is a lot of work.
  3. You become a target for every relative, and business person and lawyer who sees you as a walking, talking, potential revenue stream. If you don't watch your back someone's going to get ahold of some, or all, of your cash;
  4. Money can spoil your children. How many people do you know that made their money through hard work, thrift, and skill; and that have children who are denied the privilege of doing the same thing, by working as hard for as little, as their parents did in order to succeed.
  5. Money divides families. The divorce rate in North America is at a record high. Trust me the reason is not because people don't get along as well as they used to. My parents didn't get along, but they also didn't have the money to support two households and maintain joint custody of the children. ... So they stayed together. ... Was it perfect? ... no .. but it was a family and they did need to make it work. Today divorce is an option, especially for the wealthy ,,, there is a price we pay for this freedom.
  6. The things you buy with money take up a lot of time. For instance a big house takes more maintainance, more cleaning, more decorating. Even if you have the money to hire staff, even they take time to hire, fire and supervise.
  7. When you pay people to do things for you, you become a dependant. Just like someone who doesn't use their legs by sitting in a wheel chair. People who pay others to provide services become disabled and dependent on the people who serve them.
In summary I would like to point out that the people who pursue money for its own sake may be missing the point. Money is a tool which when used wisely can provide security, time and comfort to people who have it. If used unwisely, or if pursued to excess, the price paid for it may in fact become the loss of the very things it was meant to buy ... security, time and comfort.


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