If people ask me whether money is important or not, my answer will be yes, money is important and it is a great leverage in the period we live today. The world has adopted the monetary systems of currency and it is important to play the games of new rules. We can't deny the fact that we don't need money.
I asked around many people and they didn't think money was important for them. Their answers were, 'oh, money is not everything.' I get their views, but they commit a fallacy regarding the importance of money as a leverage. They see from one side of the coin.
I want to talk about the importance of money and its ability as a leverage to live a better life.
1. Why money is important?
Money is important today for a number of reasons. Every body has their own unique understanding and idea about money. Each may be right in their own rights. However let's explore, why money is really important today?
As we know, people have evolved over the years in doing businesses. In the past people had barter system of exchange of goods and services, then people moved to more sophisticated system to meet the needs of the emerging economic evolution. The gold became the foundation of our modern economic system. People traded with gold because they considered it to be valuable. Then in 20th century, they took the gold standard off and created a fiat currency system to facilitate increasing business transactions. This is the current monetary system all over the world.
To own a house, car, bike, real estates, businesses etc. we need fiat currency guaranteed by the governments of the world to purchase all of them. If we don't have enough money, we can't have all that we want. The food, clothes, shelter and other luxury things could not be afforded in the absence of money. Money is very important to feed the family, kids, children and everybody. If there is no money, we can't go to the restaurant to eat nice delicacies. We can't buy lovely dresses, we can't travel to lovely places around the world, we can't build the skyscrapers. We can't construct the flyovers, the roads, the bridges, the schools, the hospitals and we can't have the computer and internet connections, mobile phones.
In short, money is important to buy what we need as well as what we want in life. There are people who think money is not everything. They are not moving with the time and not following the changing trends. They want to stay in the old civilization where there was no money at the time. For them money was not everything. Today money is car, travel, vacation, house, farm, education, health, entertainment, comfort, relaxation, satisfaction and many more.
If people don't want to use the modern technology, then for them money doesn't mean much. But I have learned through the experiences and come to the conclusion that money is important today. It is necessary to lead a good life. It is necessary to do some thing. I grew up in poverty. My parents couldn't afford a high standard of living in spite of their hard work. My father did a labouring job when I was a little boy. He hardly earned enough for the family in the beginning and my mother had nothing to cook and feed her two children. The lack of money was a big problem in our family. But as my brother and I grew up and attended the school, the situation slightly improved. We had enough food to eat, to go to school or to buy clothes etc.
I learned a valuable lesson that we shouldn't buy others' conclusion about the world, money, health, wealth, education. We must follow and make our own conclusion about them. Being born in a poor family, I understand the importance of money. Due to lack of money, my brother couldn't complete his university studies instead he made it possible for me by dropping his plans off because our parents couldn't afford university expenses though we were smart boys. Likewise, there are millions of students who lack monetary support to pursue their dreams but they can't do so because of the reason so obvious.
Money is important because it facilitates people, it educates the kids, it feeds the hungry, it buys all kinds of informative and educative books for students, it helps to travel to another country to acquire knowledge and education. I don't understand, why some people think money is not everything and it is not important. May be they have some unique stories to share. Of course, I do know their reasoning and calculation but I don't agree with them in this 21st century.
Those who think money is important, they have plenty and they can afford things that they want based on their choices. Money has become a servant for them. Money is a leverage for them to lead a prosperous life. Whether they are happy or sad, it is not the point here, the point is whether they consider money as important or not.
I have come to the conclusion that money is very important today because it is a great leverage. Money must be used, it must be circulated and if it is not circulated it is worthless. People have invented money system to assist all of us to have a great lifestyle which our creator wants us to be.
2. How money is important?
Money is important today because it has been made as the most essential commodity of modern human civilization. We are living in the greatest time of human civilization. We are technologically advanced society and we have become sophisticated in terms of business transaction, philosophy, lifestyle, education, attitudes and thoughts.
Money is like blood in our body, which circulates 24/7 and we know that if the blood doesn't circulate in our body, we won't be alive. Likewise, the circulation of money in the economy is must for any country to be alive and active economically. When there is less flow of money, there is recession or inflation and we understand how inflations, deflation, recession and depression impact the existence of human beings on this earth. People lose their jobs as a result earn no money for the family to feed on.
Since money is injected in our modern economic system, we can't deny it is not important. If we had followed gold standard, then fiat currency won't have any value. But it is the defining factor of any economy today.
3. When money is important?
Money is important throughout our life. Money is needed when we go to buy groceries, fish, chicken, meat, fruits, clothes, cars, planes, travel tickets, computers, ipods etc. Money is needed to get admission in the schools, colleges, seminars. Money is needed when we want to start businesses or make some investments in various portfolios.
Money is needed to pay for taxes, electricity, water, hospitals, roads, employees, workers and many other things. The functions of money are deeply rooted. It is everywhere. It is needed every time. It is required and used 24/7.
Do you use money to exchange something? If you do, you will know when you need it and why you need it. Religions have spoiled the people by speaking bad about money. Religious leaders have no problem, when they receive huge sums of money, but they preach or teach against money. Why do they do that? They are harming the people by discouraging them to earn decent money. The love of money is not the root of all evils in the world. Of course, there are greedy men and women, who rob or steal others' money and wealth out of jealousy, but money doesn't become bad by itself. It is the individuals who are bad because they operate on account of bad philosophy and beliefs.
4. For whom money is important?
Money is important for everybody. Money is important for a child to buy some candies, toys, books, snacks, pens or pencils. Money is important for parents to buy groceries, clothes, fruits, vegetables, to provide education fees for the children and visit the doctors when they fall sick. Money is important for the entrepreneurs who want to start new businesses or make some investments. Money is important for the governments to improve countries' infrastructure and other institutes. Money is important for religious leaders to feed their stomach, to run their organization etc. Money is important for employers to pay salaries and money is important for the employees to run and manage their respective families.
You see money is important for every body. Even the beggar needs money to survive otherwise he won't be standing by the roads to ask for some dimes. Money is important for survival and living today.
Once you have created the consciousness and understanding about money, it will be attracted to you if you consider it important in your life. So decide today to make your own conclusion about money and yearn to have abundance and prosperity in your life.
Finally, poverty is a big sin preached by the religions and it is a big issue for the governments of the world to exploit poor people for their benefits. If there were no poverty in the world, the governments wouldn't be voted to power. The educated and highly rich people don't reguire the governments in actuality, since there is a system like that they comply with the system for their advantage.
Poverty is not a mystery like God which can't be solved. It is resolvable and solvable. It can be eradicated from the face of the earth. We have enough resources. We have developed advanced technology to cultivate crops, to study the weather systems, to irrigate the fields, to finance the system we have created banking institutes but why don't we succeed in removing poverty?
Poverty is there in the world because our great political leaders and other influential figures wish things to be that way and nothing more. A scientist who is able to study about the stars, galaxies, the big bang, the black holes and understand how the universe originated, can't he study and know how poverty could be eradicated? Of course, he can but he won't because there is a system which doesn't allow the solutions.
Money is important for the poor, the old age people, the orphanage, the AIDS patients, the hungry, the sick and also for the healthy human beings. Money is important because it is a leverage to get the needful things. I guess it throws some light to the subject much debated.
Alwed Ekka
Guide Coach Mentor
