Wednesday, April 15, 2015

A to Z - "M" is Money

Why are our lives so controlled by money?!?

Honestly, it would be so much easier to live in some kind of utopian cult where we all use our talents to balance each other and support and aid each other without needing to beg, borrow, steal, and trade or barter with printed paper dollars to afford the comforts we desire.

You can't argue with money, though. I suppose back in the days of the barter system it was much easier to hurt people's feelings in dealings. Asking for more eggs or an extra lamb in exchange for the new dress you are to make was sure to put a wrinkle in someone's brow. Price tags don't haggle.

Sometimes I get so caught up in this cycle right here that I wonder why I bother doing it. But, as all cycles, there is no easy way to get out of it. I just have to make the best of it. No use complaining.

Is having more money worth it? Most people would say yes, because they feel they would spend it on the fun things they dream of doing and items they dream of owning. What happens when you get a windfall or a raise?

When you get a windfall, say a large tax return, or a sudden inheritance, you don't often pay off your debts, or even pay down your debts. You might put some of it towards the debt, but then some part of you says "I could still pay on that debt and take the rest of this chunk of change and buy something nice for myself." Or you look at that thing, that one thing you have been wanting for so long, and you buy it. Could be new windows or something practical, so you feel it is justified, but in the end, you still have the same debts and the same income amount coming in. Did you really make headway?

When you get a raise, you often re-acclimate your spending to include the extra money. Now you get used to one extra night a month of eating out, going to the movies, or buying the more expensive snacks. You figure you can affort to charge one more outfit, or that new cell phone, because you can afford to pay it off.

Money takes an extremely huge amount of willpower to save. Unless you have it taken out of your paycheck before you even see it and get to use it, you probably will spend it.

Check out a lifetime annuity. Seriously. That is the way to save for your future, your children's future, and your grandchildren's future. Then put money into it before you even see it.

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Terri Giuliano Long said...

Great post! It is amazing how much our lives and wants are driven by money and desire for money. Yet, ultimately, these aren't the things that make us happy. Glad to find you via the A-Z Challenge!

Dr. Theda said...

I live in poverty... do not have debts ( or money either)....
... Would be nice to still be able to sometimes add another piece to my beloved "Collection"...
... Most everyone's "problems" come down to "Money"...(not enough of it)
At least we have food more often lately...