The Illusion of Money

I was speaking with a friend the other day and she used the term “the illusion of money”. I wasn’t sure what she meant so I asked for an elaboration and it turned into a fascinating discussion that went in a few different directions. This is a brief summary of the discussion

First, do the people who you think have money really have money? When you see someone living in a big house, driving an expensive car, wearing designer clothes, does that mean they have a lot of money OR might that mean they simply have a lot of debt? Are there a lot of people out there living the concept of “fake it till you make it” when in reality they are just putting themselves further and further into debt?

Even if people do have money does this mean they have happiness? If it takes 80 hours a week of work to accumulate this wealth is this really making them happier?

When a company raises money for a new business one of the first things they have to do is figure out how to spend the money “smartly”. If they don’t raise money and instead work on a shoestring budget rather than figuring out how to spend money, they quickly have to figure out how to make money. Is it better for an organization to figure out how to make money or how to spend it?

Does money equate to happiness or is there a lot more to happiness than just money? Where does friendship fit in? How about health? How about learning and personal growth?

There is no doubt that we all need money for certain things but please do NOT fall victim to the illusion of money.

Have a great day!

Lawrence

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