“Money is a guarantee that we may have what we want
in the future. Though we need nothing at the moment it insures the possibility
of satisfying a new desire when it arises.” —Aristotle
How much money do
you think you need to consider yourself successful? How many people ask
themselves that question at any point in their lives?
It is said that money cannot buy happiness,
but it can certainly make someone’s life a lot easier especially when the bills
are due at the end of the month and your bank balance is heaving under the
weight of those bills!
Aristotle was probably right when he said we don’t need the money
instantly but the possibility of having it and having lots of it, is what
drives people to play that elusive thing called the lottery.
Money is a
necessary commodity, however, in the search of it people have allowed their social
circumstances and wants to overtake their moral compass.
We live in a
society that judges success by the house you own, the car you drive and how
much money you appear to have. Your social status is determined by how many
material goods you have acquired, the bling lifestyle.
“Money is only a tool. It will
take you wherever you wish, but it will not replace you as the driver.” —Ayn
Rand, Russian-American, Novelist-Philosopher.
People believe that if they have money their lives will be
different. It’s the possibility of what could be that makes people view money
in the light they do. For most, it offers the opportunity to escape the 9-5
life, be more entrepreneurial, to live the dream!
Research has shown that those who are considered rich, made
their money from being able to offer value to people. The more valuable the
product, service and convenience to the masses the richer you become, until
another person comes along who offers an additional alternative value.
Amazon for example offers people what they need delivered to
them at their convenience. Similarly, Uber and Airbnb became market disruptors because
they recognised a need and set out to plug that gap offering convenient real-time
service at a reasonable cost.
“It’s good to
have money and the things that money can buy, but it’s good, too, to check up
once in a while and make sure that you haven’t lost the things that money can’t
Lorimer, American journalist,
author and publisher.
Some very rich
people in this and the last century have committed suicide despite their
immense wealth. This highlights that having all the money in the world does not
guarantee happiness and satisfaction. Money is only good according to what you
do with it.
A series of
studies have been carried out where people were given a certain amount of
money, one group was asked to spend it on themselves, the others were told to
spend it on someone in need.
The results of
the studies revealed that those who spent the money on themselves experienced
short-term satisfaction but those who spent on others who were in need, found
that their happiness level increased.
Money is an amplifier, a catalyst, it can either bring out the best in
you or the worse, the key is that you should manage your money, and not allow
money to manage you.
I like to look as
money as an enabler, meaning that making and having it should not be the
…Being able to
use money as a resource to help yourself and others, and by making a difference
(no matter how small) in the lives of others and the world, will leave a
lasting impression that no-one can take away – A legacy!