Money is just a tool of exchange, nothing more and nothing less.
I watch actors and “rock stars”/rappers worship money like it has more meaning than the numbers printed on paper… but it doesn’t. I also see people claiming that it’s the devil’s hands and the root of all that is evil. However, this in my viewpoint, is just silly too.
As ornate and fancy as the print on the paper can be, it’s really just paper with ink on it. It doesn’t really have much value other than what we say it does and believe it has.
So what is money?
I personally like to think that money is similar to that of a translator for two different language speaking countries. A translator would convert the meaning of one of a languages into the other language and visa versa, so that both parties benefit. Money serves as the same type of instrument!
Much like the translator, it exchanges value from one source to another source and visa versa.
Money Tool Exchange Example:
Let’s say that you are a piano teacher. Well, you provide value to aspiring pianists, but a dentist isn’t going to work on your teeth for that skill. Fortunately, he’s willing to accept the money that you were paid for performing the skill that you did, so you don’t have to perform any acts of bartering to have cavity free teeth.
The discussion and definition above makes money sound very linear in that you work x hour, and society pays you x hours. Money is linear for most people, but society (or the marketplace) doesn’t always know what rate to pay you for your skill(s). In fact when the economic principle of supply and demand come into play, you can make a tremendous amount of money if you aspire to.
Like gold, if your skills and abilities are special, you will be able to get more money for those skills while working the same amount as others!
If you don’t continually look and experiment, you’ll just be another cog in the machine of life. And while being just another cog in the machine of life isn’t a bad thing, you won’t get rich that way either.
Many of the rich have money tools working at the same time in different areas. That way they even make more money, versus someone who just has one job and no investments.
So I say, make the process of making money a priority, try to figure out more ways to make money by developing a highly paid skill or using multiple money tools at the same time. Perhaps investing and having a dividend/interest stream of money, or working multiple jobs, or rents for owning real estate…
What do money mean to you?
Did you like this Article? Then please subscribe to my RSS feed so you can check out new articles when they become available. You will help this blog grow by doing so. Thanks!