Some people have plenty of it. Some people have just enough of it. Some people barely have any of it at all. Others only owe it. The amount of money that you have or owe is a statistic that will dictate what you are able to do today. It is also a predictor of what you will be able to do tomorrow, next week, or next year. The following is a summation of the power of money and the benefits that it can add to your life.
Money is Opportunity
If you do not have any free funds, the only trips you can afford to take are those that are within walking distance. Without money, you can forget about ever seeing other countries or taking a cruise to an exotic island. When your income barely covers your monthly bills, you better get used to the fact that the closest you will ever be to taking a vacation is hanging out a friend’s house.
Speaking of friends, forces in the world tend to lump people with similar incomes in the same circle of friends. You do not typically see millionaires hanging out in trailer parks. Therefore, it is practically impossible for relationships to grow between those who are rich and those who are poor. As a result, rich people do not often have poor friends to invite to join them in a business opportunity.
Money is Freedom
If your bank account never reaches four digits, your credit is poor, and an easy installment loan online is your only option for when cash is needed fast, it’s unlikely you’ll be moving into your own house anytime soon. How could you? On the other end of the spectrum, though, if your bank account is booming and creditors are craving your business, you have choices. You have the freedom to move anywhere you want on any day you feel like it.
Similarly, if you are stuck living paycheck to paycheck in a job that you hate, you have almost no other choice but to continue showing up day after day while waving farewell to any dreams that you might have once had. But people who have plenty of wealth can change occupations without stressing over how they will afford their next meal. And they can move into a new residence in any location without having to beg friends and family members for a loan.
Money is Security
Not only does money put food on the table today, it ensures that food will be available in the future. When you have enough money to know that you can pay your bills for years to come if you were to lose your job today, you no longer have to deal with the everyday stresses that poor people are constantly fighting to free themselves from.
Even though money provides freedom, opportunity, and a sense of security, it will provide nothing in the future without being managed properly. In other words, the best way to keep your money is by managing money. Create a habit of spending money as if you had much less of it. The same goes for earning money. If you can trick yourself into believing that your bank account is nearly empty when it is actually overflowing, you should have no problem convincing yourself to work harder to constantly earn more. Then you can be certain that you will reap the benefits of money for years to come.