There is hardly a topic loaded with such emotion as money, seemingly at the root of all trouble including family fallouts, divorces, and the end of longtime friendships.
Dave Ramsey once said that “you must gain control over your money or the lack of it will forever control you.”
There are numerous life lessons to learn over the issue of money. Self-esteem or the lack of it is closely intertwined with what we earn or what we perceive we are entitled to. Society especially measures the success of a person in terms of how money assets that person appears to have. Almost the entire spectrum of human emotions can be linked to money issues.
Money is an exchange of energy
The bottom line is that money is basically an exchange of energy. The nature of energy however is that it fluctuates and is impermanent. It can be extremely fickle. Fame and fortune can be accumulated and then lost overnight. Being wealthy does not necessarily mean that you have less fear and anxiety than anyone else.
The sudden accumulation of money through an inheritance or a lottery win will merely amplify basic character traits. For some individuals, such a windfall can be a curse. Others see blessings of wealth as a special responsibility. Some individuals, I know personally, are principally giving away regularly a good percentage of whatever they earn and doing most of it anonymously. They see possession of wealth as coming with the responsibility of giving back to society. Using money energy in the right way opens up enormous possibilities, coming from the heart of an abundance mindset.
But our consumerist culture is indoctrinating us with a scarcity mindset that inevitably leads to a “never enough” mentality. It is a culture based on the satisfaction of external needs at the neglect of internal needs.
Numerous psychological studies reveal that the pleasure resulting from such a consumerist mindset soon wears off depending on the frame of reference the individual has. There is a saying that money can’t buy you happiness but that is true only to a certain extent. How much you earn determines the safety and security of the neighborhood you live in, what education your children get, whether you can buy healthy foods, and your longevity.
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