Good Morning Dinks. Let me ask you a question, do you love money? If you answered yes, then I have a follow up question, why? Why do people love money so much?
Maybe you love money because it helps buy all of the things you want, maybe you love money because it helps you live the lifestyle you want, maybe you love money because it is a reflection of how hard you work or maybe you love money because watching your bank accounts grow makes you happy.
If you answered no to the first question then right now you may be questioning why do you hate money? Everyone’s relationship with money is different, but I’m sure at some point in our lives we have loved and hated money.
We all probably handle our money in different ways and that is most likely a direct reflection of past our relationships with money. I personally never spend money on anything that I don’t need to keep me warm, clean or full; but this is most likely because I was not always responsible with money in the past. I have to really push myself to spend money now because I never want to go back to being broke.
Should we spend money just because we have it?
Some people love money because they love spending money, are you one of those people? One of my new coworkers believes in spending her hard earned money. She does not save for retirement and other than a small emergency savings fund; she enjoys her money while she is still young enough to earn it.
What are we saving for?
If you don’t like to spend your money then you most likely save your money, but what are you saving for? If you have a goal then saving money can actually be fun – especially when you save enough money to achieve your goal. But other than specific goals, what are you saving for? Maybe building your net worth makes you happy and you don’t actually need to be saving for something in particular in order to save money, but for many of us this is not the case.
Some people save unconsciously because they make more money than they need to support their lifestyle and some people have to force themselves to save. That is definitely me – if I leave money in my bank account I will find an excuse to spend it, not on unnecessary items but on items that we need for the house. So I set up automatic transfers from my checking to my savings accounts every two weeks with my pay.
Why do we care so much about money?
I used to hate money because it was the root of all my problems, but now that I have learned my lessons and I have grown up to be a financially responsible adult I actually love money. I look forward to payday, not because I am broke and in need of money, but because it means that my savings account balances are growing and I love watching my little babies grow.
Photo by public domain photos