Today’s post comes to us from Apathy Ends. Mr. A.E. is a personal finance enthusiast on a journey toward financial freedom. He believes apathy steals success and there is no better time than now to start working on your finances. Click on over to his site and check out all of the amazing, insightful content!
When you spend a lot of your free time reading and thinking about personal finance, there are going to inevitably be some things that you are tired of hearing about. I decided to put my thoughts down on internet paper and see if anyone shares in my opinions on these popular money phrases.
5 Things I Am Tired of Hearing About Money
1. “I need more”
Probably the most common money phrase I hear uttered. First off, I think they mean “want” not need, as most people that use this line have a home and food.
Second. If you
need want more money, go out and get it. Its an ABUNDANT resource and there are 1000’s of ways to get your hands on some cash. Ask for a raise, or side hustle your way to the bank.
When you can replace “I need more” with “I earned more” you are doing something right.
Another option, you could also keep more of the money you are currently spending on non-essentials. If you are just going to blow it on stupid crap you might as well not even work for it.
“Just get the bare essentials, this is the last of our dough”
Sorry, this is the only place I felt I could get away with using a Dumb and Dumber quote in 10 months of blogging. Had to be done.
If you want more, go out and get it
2. “You need money to make money”
This always feels like a chicken or the egg debacle and those are usually a waste of time. Just pick one and do it.
For compound interest to work, you do have start with something. Most people overlook the impact small incremental steps can make. You don’t need to start with a fortune to end with one.
When I started working, only 3% of my paycheck made its way into a retirement account. 5.5 years later, over 36% of our income is put away for our future. Setting yearly goals gets credit for the bulk of our success. We are not unique, anyone can do it.
Take some action and start small today
3. “Money can’t solve all your problems”
This one, while technically true, still annoys me. It can’t solve ALL your problems but it can solve a whole lot of them. And I am willing to bet it’s the biggest problems that only money can solve.
I have yet to see a doctor take anything but money as payment. Debt can only disappear by paying down the balance. Roofs over your head generally don’t come for free.
Take the stress of paying bills or figuring out how you are going to retire out of the equation.
Use money to solve the problems it can, then spend your time on ones it can’t
4. “I don’t need money to be happy” or “Money can’t buy happiness”
Maybe I just don’t like hearing the word “Need” in the same sentence as money since it is in 3 of the 5.
I do need money to be happy. Working for it prevents me from making my own decisions and that makes me unhappy. It also buys or enhances a lot of my favorite things/activities.
We can definitely be happy without it, there are a lot of free activities that bring joy. But when the fun is over and your family responsibilities come back into focus, money is usually at or near the top of the list. The more you have, the less you have to impede your happiness with work.
Money can’t buy happiness, but it can buy your freedom
5. “Money is the Root of all Evil”
We can’t blame objects for human mistakes. Used the right way, it can do a lot more good than evil.
Family – I can sum this up in one word – Security. Safeguard your family from emergencies or disasters with an emergency fund and plan.
Charity – Charities run on donations, both time and money. You need both to make a far reaching impact.
I could make the case that greed is the root of all evil, but I think there is a healthy amount of greed as well. As long as you use it to motivate yourself and not screw other people over.
Use money to improve your life and the lives of others
These thoughts bother me because people are giving money more power than it deserves. If you let it control you, it will. It may just be numbers on a screen or a bill in your pocket, but it can trick you into thinking it owns you and your decisions.
Start viewing money is a tool, and once you have enough of it – you can truly be free to make your own decisions.
Anything you are sick of hearing about money that I missed?
Thanks for hosting today Amanda! -Very happy to have you here, A.E.!
Mr. and Mrs. AE live in Minnesota with their dog Finn and are going to be first time parents in early 2017. Outside of operating ApathyEnds.com, they enjoy trying out new restaurants and anything involving a MN lake.