What is Money?

We all know that money is the currency in which we purchase goods and services.  But, beyond that, what is money, really?

Money represents your time, talents, energy…It is a direct representation of you, isn’t it?

Give that fact, it makes me a little more cautious, okay, a lot more cautious, when giving it away.  Each of us has a limited amount of time each day, each pay cycle, each year.

I think, too often, we have this view of endless, disposable money.  And, it’s true money does sift through the fingers of life faster than you can say the phrase, “Long term investment”.  We buy lattes.  It’s gone.  We spend ten dollars on lunch.  Gone.  We blow fifty dollars at the movie theater.  Poof!  We tend to think that money will remain in steady supply; therefore, we run the risk of devaluing it rather than appreciating its true worth and directing it in areas that are most important to us.

We are a one income family, which means we must exercise great restraint and focus on long term financial goals and make wise purchases.

When I pause to consider that in order to purchase an expensive item, I am essentially trading several hours of my dear husband’s hard work and energy, it puts things in greater perspective.

When better financial sense prevails, I am so proud of my budget conscious self-control because we are then able to accomplish our financial goals in a more timely manner.

Time is a commodity in and of itself, one that is actually of greater value than money.

Why?  We can make more money.  However, no matter how hard we try, we cannot create more time.  Therefore, we must guard and place immense value on it as it is factored into our financial decisions.

At the end of the day, money represents your true self, your heart.  That’s why the Bible says:

“For where your treasure is, there your heart will be also.”  ~ Matthew 6:21

One glance at our budget and it is apparent where our hearts are.  Just as it is for you.  Our money is like a mirror.  It speaks of who we really are and what is important to us.

I love what Dave Ramsey says about establishing a budget:

“It’s telling your money where to go instead of wondering where it went.”

Some helpful questions when considering a future purchase may be:

  • Is this helping me to achieve my overall financial goals?
  • How many hours of my life/spouse’s life do I have to exchange for this?
  • Is it worth it?
  • Is there a cheaper alternative?
  • Can this wait?

Hope you’ve found this article to be thought provoking.  I’d love to hear your thoughts.

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