Now certainly everyone has heard the saying, money is power. But what exactly does that mean for you?
For many, the sensation of money is almost an addiction. Whether it is the thrill you get while shopping and spending or the excitement of that raise, it certainly creates a type of adrenaline rush. It is this rush that gives us the sense of power.
Now, are we really more powerful when we have more money? In some circles maybe, but is that really what we all want? Do you want people to respect you and enjoy your company because you are wealthy or because you are you?
Money is not simply a $20 bill or some numbers in a bank account. Money is an emotional and societal phenomenon. It is often more about status than “do I have enough to buy the things I need?” This is where the phrase “money is power” is often used.
Certainly these mind-sets, ingrained in our psyche from society, are hard to let go. It is important to try. In order to feel satisfied and content, as a person and a family, we all need to develop healthy feelings about money.
The best method is to conclude that money is a means to an end. Those who die with the most money certainly do not win. Instead of worrying how much money you make and how much others make, focus on your immediate needs. Money is there to sustain us and provide for us, both now and in the future. Treat money with respect and avoid unnecessary risks to gain more. Thoughtful spending and investing, while it might not make you rich, will certainly keep you healthy and happy. It will also ensure your money is there when you need it.
Don’t let money control you or become an obsession. Reflect on realistic needs and goals. Let these guide your decisions with your money, instead of taking drastic measures which most often fail. Don’t overspend to keep up with your neighbor, you will only get further in debt and further behind in the long run. Avoid risky investments because they promise high returns. You will truly be better off if you make smaller consistent gains over time.
Control you money with your mind, not with your emotions. Don’t let money become the power over you.
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