Gregory A
Loose Change Med Daily

It’s selfish not to want the opportunity to give your family the best life you can and the ability to bless others.

Photo by Nathan Dumlao on Unsplash

There isn’t anything wrong with wanting to have or having a lot of money. I read an article this week and the author linked being rich with material possessions for most of the article. Material possessions don’t have to be your thing, but that’s not all that being rich and wealthy is about. I definitely want to be wealthy and have a short checklist of things I’d want, but possessions on that list aren’t all I think about when it comes to money.

It’s how you think about money and ways it’s used which matter. Don’t be greedy and try to keep up with your neighbor if he/she buys a fancy new car. That’s not what having a lot of money should be about. A lot of people fall into that trap and waste it. Greed, envy, and jealousy lead to dark places. We see it all the time professional athletes who earn a lot of money in their careers and end up broke.

Nobody should want to get rich or achieve financial freedom for self-centered motives. Everyone has a duty to themselves, family, and society to take care and support yourself the best you can. Your goal should never need to depend on anyone else, or more importantly, the government to take care of you if that’s possible. Financial security is the best way to help yourself and others.

Material possessions don’t have to be your thing, but that’s not all that being rich and wealthy is about.

Money doesn’t solve every problem, but it sure helps a lot. It’s better to have it and not need it than need it and not have it. Unexpected crises and emergencies can happen at any moment. Would you rather be rich and have the means not to worry about an expensive medical bill for your child? What if a family member who lives far away needs help right away? You want to be the first person there to help. If you have money, you get to be that person. The stress of a sick child or family member is enough to deal with.

It’s possible to desire riches and wealth to make the world a better place. Is there a cause you wish you had the money to donate in order to make an impact? You can be the person to make an anonymous donation to your church for a new addition to grow a ministry. What about supporting charities that do humanitarian work around the world? You can help out a family that hit hard times and needs a lift. Wealth and riches don’t need to be self-centered.

There’s an unfortunate trend in the United States to demonize the wealthy. Since when did it become a bad thing to achieve that status? Who would make big donations to build a children’s hospital in your area? Who funds medical research to create products that fight diseases like malaria and tuberculosis in third world countries?

It’s more important now than ever to make as much money as you can. Medical costs only go up, Social Security won’t be what it is today for younger generations, there’s no job security, and a financial crisis can happen to wipe out your 401k. The traditional job doesn’t provide a pension that would allow you to be comfortable in retirement.

It’s possible to desire riches and wealth to make the world a better place.

If you can become wealthy or financially independent, you dictate where and how your time gets spent. Your first priority in life should be your family, not your corporate job. You need to create time AND money to live the life you want. They’re more opportunities than ever before to accomplish this. Develop a skill you can make a lot of money outside your day job. People a lot busier than you have accomplished this.

There’s nothing wrong with wanting to be wealthy if your compass is pointed in the right direction. Money is a tool to give yourself freedom and help others. If you don’t want a lot of material possessions, you should still work to become rich. It’s better having the ability to help others than not. You can’t control everything that happens to you in life, but don’t you want the best chance to respond when things go wrong?

Source link