Tuesday 23 August 2011

Money Talk- Both the sides.


Money is certainly something which is often discussed in today's world. Hardly a day goes by without the subject of money being raised in most people's lives. However, it is highly debatable whether it is more important than other considerations, such as health and happiness, which some people consider to be of greater significance.

To begin with, it is often argued that having money enables people to exert influence over others. Wealthy businessmen, for example, are often the most highly respected members of society, and business tycoons are often consulted by world leaders, who then make policies which affect the whole population. As a consequence, money can be seen as the single most important factor of daily life.

Money is vital for survival. Western society is structured in such a way that, without money, people are deprived of the means to obtain proper nutrition and health care. Furthermore, in some cases where state benefits are inadequate, the inability to pay heating bills can indeed become a matter of life and death. This is clearly illustrated by the fact that, according to Social Services, the majority of deaths due to hypothermia each winter occur among low-income groups.

On the other hand, many people claim that one of the factors in life, which is undoubtedly of greater importance than money health. As Izaak Walton said, health is 'a blessing that money cannot buy'. What is more, money is of little consolation to those who are suffering from health problems. Despite the fact that money can pay for the best medical care available, this is no guarantee of a longer life.

In addition, most people would agree that personal happiness easily outweighs money in importance. Even if an individual is extremely rich, this does not necessarily lead to happiness. In some cases, the contrary is true and vast wealth brings with it a whole range of problems and insecurities. Genuine happiness cannot be bought and is usually independent of financial status.

On the whole, although there are those who would rank money as the single most important thing in life, the vast majority would disagree. Money, they argue, has an important part to play but perhaps the world would be a more harmonious place to live in if this were kept in proportion and society put more emphasis on moral issues.

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When I talk to people about having multiple income streams, they say why are you so money minded. Having multiple sources of income is a topic which is definitely important, to be known and the need understood. How many times we have heard people say the following things:

1. Money, isn't everything.

2. You should be satisfied with whatever money you.

3. Don't be so money minded.

4. I don't care about money.

5. Money is not important.

and more phrases.

Well, with due importance to their thoughts, money might not be important for them. But, I surely bet, money is important to their milkman, money is important to their landlord, money is important to their banks if they have taken loans, money is important to the person who holds their mortgage, it is important when you go to a hospital. I can go along giving more examples. You may not need money but, almost every individual who is connected to you needs money. As a matter of fact, money is important to any individual living in a civilized city. Please do not try to cheat yourself by knowingly denying its importance. Nothing can take the place of money in the area where it is required. Therefore, to argue that it is not important is just illogical and meaningless.

The simple truth of you getting up in the morning and going to work is because money is important. I come across individuals saying, "It's all about satisfaction and not money". I fully agree if you are doing social service else you will show your displeasure immediately. If satisfaction is important - employers will hire only satisfied employees and not give money. Some people say money is not important just because they are unable to earn money or they say someone with more money is lucky. Luck does play a role in your financial success, it is never sufficient in and off itself. Some even go ahead and say too much money is bad.

Money is important - it is neither good nor bad. It depends on what you do with it. There are no free rides in the world, money is an effect which is always earned with effort and hard work. So, next time you get an opportunity to earn, go ahead and create another income stream.


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