Why Money Is Important

Money is important? Now, it is not the most important thing but it ranks right up there with breathing. That’s a quote from Zig Ziglar. You need money to function in this society. Money is a means to an end and builds roads, schools, and parks, it pays for public services, law enforcement, and public safety.

Money provides shelter, feeds the hunger, and provides education to the masses. Furthermore, money provides the opportunity to start businesses, invest in real estate, and fund charities. The importance of money is seen in the neighborhoods that lack it.

Good or Evil

Money is amoral. It’s neither bad nor good. How you use money determines if it will help or hurt your community. Just like a brick isn’t evil until you choose to harm a person or personal property. Money is an instrument used to exchange goods and services. In the right hands, it can empower a neighborhood or bring it down to a slum.

People say money is not important but they work 40, 60, or 80 hours to get it. They attend seminars, classes, and events on how to make more. Why is the nation addicted to credit and piling up debts if mastering money is a low priority? Why is it squandered?

Think about it as soon as your check arrives it is already spent. When a windfall arrives you put it to use immediately buying the latest gadgets are paying off your credit card so you can buy more. How do you feel about money? What negative associations do you hold on to? What money myths were you taught growing up?

Money and Character

In The Law of Success, by Napoleon Hill, he states that those who don’t save and invest a portion of their income have a lack of character. You can look at a person’s bank statement and see what kind of life they live. Napoleon Hill says everyone needs to develop a habit of saving money.

A habit of saving builds character. It teaches delayed gratification, provides opportunities, and those who save get the best deals. The bigger your down payment the lower your interest rate will be. Pay cash and you can save hundreds or even thousands of dollars on your purchases. Your investments can pay for all of your stuff.