For the love of money

The idea of liking/loving money has come up in a few of the financial feeds I follow, and it’s reminded me to write my thoughts on this topic.

I don’t love money, but I like knowing I have it and can make more of it. It was kind of nerve-wracking to be in graduate school and not know if all the money I was spending on my education would be worth it at the end. It was worth it in terms of the knowledge I gained for myself, but would it actually pay off as an investment? It did, for which I am forever thankful. But what about those who say they hate money?

I find that people who say they hate money generally don’t have much of it. They have to work hard for it, and it’s gone before they even enjoyed having it in the bank. Living paycheck to paycheck would not be my idea of a good time. Some people feel like they can never get ahead, and I feel for them.

I was at a bar a few months ago and they had a band that evening. The band introduced one of their songs by saying something like, “I read that to be middle class in America today you have to make $75,000 a year. F*** that, and f*** money!” and many of my friends cheered along with the crowd at this comment. I felt pretty weird since I’ve actually worked to become middle class. Not intentionally to reach the goal of being middle class, but to have a comfortable existence where I can do the things I want and enjoy life without the worry that comes with being broke as a joke. I realize that it’s not everyone’s cup of tea, but disparaging people who have money? That didn’t sit well with me.

I’m not sure that there’s a genuine conclusion to this commentary, but I do think it’s important to have a healthy attitude toward money. Not a miser, but not hating it, either. Working to live and not living to work. It’s a balance.

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One thought on “For the love of money

  1. At the other end of the spectrum lies poverty, and for all those who say they don’t like money (or at least don’t consider the pursuit of money to be their modus operandi) I wonder how many would be willing to give up all they have and pursue a life of abject poverty. Statistically, many of those who were cheering along at the bar are working to pay off various types of debt (student loans, car payments, credit cards, etc.) and it seems ironic that those who decry the idea of financial stability are also going to spend a great deal of their lives just trying to get out of debt. I think it’s important to try to gain some type of financial stability, and if some see that as pursuing money then they’re seeing it the wrong way.

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