Do you ever feel like you’re bad with money? Like no matter how hard you try, you can’t seem to save or make any headway? Well, I have some good news for you. There is one simple rule that will totally change the way you see money. And once you adopt it, your financial life will never be the same. Are you ready to learn what it is? Let’s dive in on how this one rule will change how you see money forever!
What is money anyways?
Time is money, as the saying goes; with money, we can buy time back from our daily grind to spend time with family and friends on the desired vacation. Money is a valuable commodity that can provide us with more than that occasional getaway: having it lets us plan for retirement and set up passive income streams for the future. As a means of exchange, money has no boundaries and has done wonders for advancing our society. With money, we have what we need to break away from time-consuming work and enjoy a well-earned break.
Money really is King, and not just because of the power, it can buy. Money has been a store of value for centuries, and even today we bank it or hide it in safe places like home or a deposit box. It’s hard to believe that mankind used to bury coins under their beds instead of depositing them into a bank or opening a savings account! Today, storing money in these safe places ensures our value won’t disappear overnight. Long after cashless technology dominates our purchases, money will remain an effective store of wealth.
Money has long been viewed as the great equalizer and with good reason. Money may not buy love, but it can provide checks and balances that allow all people, regardless of other differences, to enjoy freedom and opportunity. The power of money is significant – it provides access to education and information, often in a measurable way. As such, it is incredibly useful as a tool for achieving a quality of life that one would otherwise be unable to obtain. Though it needs to be used responsibly, money can make almost any dream a reality.
Money is best when it stays in motion
This leads me to this point. Money needs to move and stay in motion. Money is a powerful tool that can help to achieve many things, but it is most effective when it is in motion. That means it needs to be spent and reinvested so its power can continue to work for us. When money sits stagnant, its potential diminishes – but when it’s put back into circulation, it has the ability to change lives for the better.
People often ask me what I think money is, and while there are many different ways to answer that question, I always come back to three main points. Money is a means of exchange, a store of value, and freedom and opportunity. To me, that means that money is essential but it’s not everything. It’s a tool that we can use to create the life we want to live, but it’s not the be-all and end-all. What does money mean to you? What is the one rule of money that you live by?
