The Great Power of Money

in LeoFinance10 months ago

It is possible that at some point in life, you have heard someone say they do not care about money, or maybe you have mentioned it yourself that, money isn't so significant. It sounds so cool to the ear and the confidence attached to the fact that your life doesn't practically revolve around money is very good, but in reality, the power of money should not be underestimated.

Money cannot buy happiness that is a certain fact, but we cannot deny the fact that it can buy security and safety not just for you but even for others around you. As humans, we need money to pay for requirements of life like; food, healthcare, shelter, education, and all other things.


pexels.com

Since money is a basic essential, one must be responsible with personal financing, being responsible with money earned is a good way to ensure there is still something left to save and invest. Saving is highly crucial, the sooner you begin to save, the more possible it will be for you never to lack a thing and keep it for the future, it also helps you not to constantly trade your labor for money.

You have to make plans for those days when it will not be very convenient for you to earn through your labor or strength. Investment is an avenue to produce more money and get a return in the process. The sooner we learn to utilize money appropriately and schedule into the right place, the more money will be able to work for you appropriately too.

The Use and Downside of Money.

Money provides you freedom, with sufficient money you will be able to take care of your needs as well as sponsor your hobbies and become highly independent financially, sometimes without even having to work extra hard you can have enough to take care of yourself and to enjoy the luxury of time.

Money provides one with the ability to pursue dreams, with money it is possible to start a business, have a dream home, and accomplish the goals that will sustain you to have a better life. This same money provides security on a great level, with sufficient money in your bank account, you no longer have to think about what to eat or what to drink, and even hospital bills because at that point you will be able to afford everything you want.

As great as the sound of money is, however, there are some downsides that money could attract as well;
The first negative thing that money could cause is an obsession with it, the love of money could create an obsession with it, and that will contribute to a host of other severe problems. If all you have at the end of your life is money with no one to share time and resources with, it is less likely that you will be happy.

When money comes and you and your partner cannot come to an agreement on what needs to be done with the money, it may lead to consistent disagreement that never used to happen before.

Posted Using InLeo Alpha