Chasing paper - is it worth it?
I have a few questions for those that have significant amounts of money.
I come from a relatively financially poor family. I think that we could have been in a better position if there was a little more delayed gratification and economic understanding, but there wasn't. It was what it was.
Because of this, money or lack thereof, has played an enormous role in my life and continues to plague me in many different ways. It is probably the number one cause of stress throughout my experience, even though I have gone through over 20 years of chronic illness.
Still now, as I approach forty and spend much of my time working, money dilemmas still follow me as debt cycles and poor habits of the past are hard to shake. I am improving the situation but I must say, every step is a struggle and there is always another round of bills, needs and setbacks.
My question however isn't about how to change my financial situation. It is more personal.
Is it worth it?
This is more aimed at the self-made wealthy as there is no chance of me inheriting a fortune from anywhere. All of the hours of work or the 'go without' mentality, does it pay off in the end? I don't mean financially, I mean psychologically and emotionally.
Are you a better person for having the money?
I know that this is a hard one to answer as it is very subjective and everyone would like to believe that they are good, but, try to be objective if you can. It would help me a lot and there are too many people selling ideas that they do not actually support or say something is brilliant because they have purchased it themselves.
Is life better?
I understand that you may not worry about paying electricity bills but has the increase in lifestyle also increased the financial pressures at the same rate. Are you just in a better quality cage than me?
The next question is for those that were born into money.
How do you rate yourself and life?
Do you feel that life has been any easier or more enjoyable than those that come from an average background? I ask this as if there is a significant benefit to being born into wealth, I will work day and night until I drop dead in an attempt to provide it for my daughter.
I wonder what your motivations are and drives to work and build skills if there is not the financial need. I wonder if you pushed yourself as hard as you can when your back was not against a wall. It is very possible because of the space you have or had, you were free to push yourself very hard as there was a safety net to catch you. I don't know, this is why I have questions.
To sum up
The reason I ask all of this is from the outside, it seems that life would be much better but to reach that position is of course an opportunity cost situation such as time away from family, lack of sleep and foregoing small luxuries. But, there is definitely no guarantee that the hard work will pay off.
As a society, we hear a lot about the success stories but very little from the negative sides. We are driven to desire the same but I question if this is a control mechanism that keeps us working endlessly towards an experience that may not be so much better.
Yes, I understand that better things can be bought, better holidays, homes and fancier cars, but as a human, is the experience improved significantly?
I think that we have an opportunity at Steemit to rethink society a little and perhaps even direct its course towards a more equitable future where work and skill development that benefit the community will be rewarded. Perhaps we may even be able to improve the experiences of the community as a whole.
I didn't really know how to approach this, so I just freestyled it a bit. There are likely holes and questions missing and feel free to add in the comments your thoughts whether rich, poor or in between.
Taraz
[ a Steemit original ]


I don't come from a rich family. But I come from a slightly more wealthy family than the average Finn. To me the slightly more wealth has taught how to handle money, how to manage your own financial stuff. Financial issues don't really exist for me unless I stress about the possibility.
The best thing about wealth when you are young is that if your parents have made the wealth themselves they probably know how to teach you about the value of money. That then will translate to you understanding how to manage your own financial stuff much better than others around you.
It is hard to say if this is a good thing or if I would be happier spending all my money and stressing about how to pay next months bills. There is a misconception that people from wealth spend money more. It is usually the opposite. They know when to spend and when not to spend. No one can remain wealthy if they use money without thinking. Therefore, learning to use money correctly is the number one thing you need to learn to be wealthy. And if you learn it since you're a kid, you won't have financial trouble to deal with when you're older. At least not in Finland. Everyone gets enough money here, unless you're a student.
So to sum up, even if it doesn't make you happier, it will help you avoid financial despair, which I guess translates to unhappiness.
I am not sure how old you are but have you noticed that in Finland the post-war generation saved most of their money, their children some and the grand kids a little and the great grandchildren live on credit? This is observational of course, but I have noticed that even some of my friends still rely on their parents for a little extra at times and they are mid-thirties. The instant gratification culture is definitely seeping into the lakes here.
You are right about parents teaching abut money or at least the habits that could lead to responsible usage. For me as I said, the issues have always existed but at the same time, I have never had a safety net nor an inheritance to rely on. I am one of those people that can say that whatever poor position I may have, I worked very hard for it and it is all mine :)
Thanks for stopping by again. You always add quality comments and views.
I've noticed that older people here tend to use money very scarcely, but it is probably also a biased view since you hear about older people not able to buy medicine etc.
But I think the instant gratification culture has been here since the 60-70's, of course nowadays people get loans easier so more young people are falling into loan traps made by companies that are not banks.
I think people are also extending further than before too. They are building to their limits and leaving very little in reserve.
It really doesn't make things THAT much better, but I'm not a self made rich. I'm just slightly better off that I was when I was growing up.
My priorities include giving my son (and future child(ren)) a better life than I had. However, I do not plan to make so many personal sacrifices that I do not get to experience their lives with them. I want to be there for every milestone in their lives. I want to be present with them.
There are plenty of ways to be happy with less money (I don't know if I would go as far as to say "without money" since that seems a bit extreme).
I think, in the end, it is all about what your priorities are, and how much you're willing to give up personally.
Thanks for sharing!
I don't think it s the root of all evil, I see it as a tool and like a hammer, it can be used to build a house or crack a skull. It is desire that leads to suffering.
Having said that, because the allure of money is so great, the desire and protection of it does lead to some very poor behaviour indeed.
This is part of the reason for the post, to raise some question and investigate some possibilities in myself. Hopefully in others too as I think that the rethinking and reevaluating of what wealth means and how best to spread the benefits of it would go a long way to ending some suffering.
Personally, I am willing to work hard for many, many things but I am hoping that money is a symptom of it, not the main result. I must have more value to this world than generating another dollar...
It sounds like you are trying to determine the value of your time. That's a little different, at least to me, than earning money and "chasing the dollar".
Money is a measure of value. However, you can also use emotional measurements such as enjoyment or satisfaction. Those measures are individualized.
It has been said that you can't put a price on peace of mind. I would agree, in a monetary sense. However, you can measure the Value of Peace of mind :)
Great article. Money is just money. The main problem in People. A person who lives only for money, only for sex, only for sports, only for spiritual development. That's the problem that you are talking about. Life is diverse. And it is desirable to understand all of its subtleties.
Too much consumption of anything is going to cause problems.
I have struggled most of my life still do I am in huge debt but I love my life and I never think of having money, I do not care for material things at all I just want to post the bills on time. Extra money means nothing to me
Master Taraz,
Like you, I am and have been relatively poor. The 'baby needs shoes' experiences of my past still motivate me today. I believe the goal of more money is normal for most of us. Even the very rich want more! The value is in the struggle.
I am generating a lot of value then :)
optimistic quote of the day xD
Very nice
It doesn't work like that for me.