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October 29, 2008

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Mazliza Othman

"Money is not everything, but it's pretty close to oxygen in the must-have list."

I don't remember who said this, but I agree with it. Money isn't everything but you can't live comfortably without money in today's world.

And... this is one of my favourite quotes:
"Money can't buy you happiness, but it can make you awfully comfortable while you're being miserable.:
-Clare Boothe Luce

The Financial Philosopher

Mazliza:

You are absolutely correct! The quotes you shared are humorous and truthful.

My point is, however, that money is necessary for buying products and services that are necessary.

If we find ourselves believing that money is the source of our happiness then we will also find ourselves believing that the lack of money is the source of our unhappiness.

Now that economies and investment portfolios around the world are shrinking, we have an opportunity to reassess the value given to money.

Of course money has some value and it is nearly impossible to live without; however, I submit to you and other readers that the value of money is too high and we can live with less money than we had previously thought...

"Money often cost too much." ~ Ralph Waldo Emerson

Thanks for sharing your thoughts...

Kent

Mazliza Othman

That's an interesting point you make. I read about a research that found that once you're above the poverty line, more money isn't going to make you happier.

Money contributes to our happiness - in the sense that it allows us to buy the basic necessities - but once our basic needs are fulfilled, more money isn't going to make us happier.

So people who work so hard for money because they think that's the key to happiness should stop and ask themselves exactly what it is they want. Is it really the money?

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About Kent Thune


  • Kent Thune is a philosopher who happens to be a money manager and freelance writer... Read More

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