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It is fair to assume that everyone would agree with the statement “money is necessary to live”. But how much money is truly needed? Of course that depends on the life an individual desires. It can be as simple as food and shelter, or as extravagant as luxury houses and all the fine things. There are many people in today’s world who have been fortunate enough to be born into money. However, that is not the case for the majority. Most people have to work
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Comments
01.28.09
This is very true, you will never become rich working for someone else. But when you work for yourself you may end up working even harder and you business may not work out. We are living in a somewhat uncertain time with less job security than ever; company's are making big lay offs due to a struggling economy and you never know when you'll land up without a job. It's time to be prepared, pay off any extra bills that are outstanding and move our lives onto a cash system. How can we do that: Check when all contracts are due to expire and cancel them for pay-as-you-go type accounts. Change your cell phone contract for a pre paid account like Tracfone or Net 10, look at the land line and think if you rely need it or can you go without it. The Sullivan report shows how much more important a cell phone is to Americans for business and in the case of an emergency than the land line. See link
http://www.newmillenniumresearch.org/archive/Sullivan_Report_032608.pdf
01.28.09
I think you summed up your feelings with your last sentence. Most of us are in the same boat. Also I think you answered your own question in your paragraph 2 with sentence 2 in the last paragraph. Balance to all things in your own life is the life long challenge, but living in the moment, of every moment, is crucial to living a life well spent. Good luck in enriching and fulfilling your life!
01.28.09
For the rest of us who have to and are not trust fund babies, money is like oxygen. It's only important when you aren't getting any. Most of us will never have an extravagant lifestyle or large amounts of money to spend, and will have to work hard to support ourselves and our families. And that's why the recession and layoffs are hitting people so hard.
01.28.09
The answer, regardless of how much you make, is to live within your means and save as much as you can. You never know when your means will change.
Living within your means doesn't equal a lack of fun, though. It just allows you to make smart choices about what really matters, now and in the future.
01.28.09
It's important to realize that the answer to this question changes over time.
When I first graduated from college, I thought "I don't need much money. I just want to do work that I enjoy."
After 4 years of entry-level jobs, I'm ready to take on more work and increase my earning power. Putzing around with "enough to get by on" stopped being fun.
I agree that it's all about balance - being miserable and rich is decidedly not better than being poor and happy with what you've got. But there is a lot to be said for what having money can enable you to do with your life.
01.28.09
Folks, unless you have the silver spoon, it's a long way to the top if you want to rock and roll. And it's almost as long just to get by.
The day Americans don't care about how much money they have is the day our economy screeches to a grinding halt.
The majority of our economic power comes when our citizens have money to spend. If future generations do not have material aspirations, then the economy will experience asphyxiation. Couldn't bear to stop going a little Jesse there :).
Rough times force us to reexamine priorities and get all philosophical about what we really need, but as with all economic cycles, we should be back to spending like drunken sailors soon enough. Only maybe some of us will learn to save a little more for the next rough time, and realize that in rough times the value of that paycheck is higher than what we do to get it.
01.29.09
I identify completely with Nicole's sentiment - "Putzing around with 'enough to get by on' stopped being fun."
I completed a public relations internship in Paris, France last semester (sept-dec), having saved up well over $7,000 for life in one of the world's most expensive cities (the job only paid a small stipend of 400 Eur/month). After what was one of the best times of my life, I returned to the States just before Christmas, broke as a joke.
Money is important, folks. Very, very important. And though I thorougly enjoyed myself while living in a really beautiful city, there's no way that living below one's means isn't important.
It's simply impossible to live a comfortable life without working hard, living debt free, and saving as much as you can. It's true that you can work hard and play hard, but work has to come first!
12.26.09
Best topic.You are very smart to make an article about money.astaga.com lifestyle on the net . Cool artickle and nice to read. Sharp topic..wow so great..really so great.Make me get knowledge after reading this post..verry usseful.You are an author who is very clever. Your article is amazing. Style is fun to read.For me, money is everything
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