07 Feb

What Money Really Means to Us

Auckland Money Advisor, Financial Planner in Auckland, Auckland Financial Consultant

I’ve been thinking a lot about what money means in our lives. Is it about financial independence, financial security, or just learning financial management? Well, it’s time we dive deeper into this.

First things first, we all have a unique relationship with money, right? It’s like an unspoken agreement we’ve all signed up for. And it’s not just about cash and coins; it’s about what money represents for each of us.

What’s the first word that pops into your head when you think of money? That word is a big clue to your personal view on money. Here’s a fun fact: their answers were quite revealing when I asked my clients this question. The most common responses were love, power, security, freedom, independence, dependence, and worthiness. Let’s unpack these a bit.

1. Love: Picture this: a hard-working parent who is rarely home showers their kids with gifts to make up for the lost time. It’s a standard way to express love through money, but is it a substitute for time spent together?

2. Power: Think of a business owner who equates money with control. Money can be powerful, but it’s a tricky game.

3. Security: This one concern feeling financially stable, especially as we age. It involves planning for the future, but money can’t buy emotional security.

4. Freedom: Many of us dream about financial freedom, the idea that money can free us from work and let us live on our terms. But it’s not just about having money; what we do with that freedom counts.

5. Independence and Dependence: These are two sides of the same coin. Getting a job and moving out means financial independence for many. Conversely, total reliance on someone for money can feel restricting.

6. Worthiness: Have you ever felt that making money proves your worth? It’s a common sentiment, but self-worth and net worth are not the same thing.

Interestingly, none of these answers mention the traditional definition of money – coins, banknotes, or credit cards. That’s because money is more than just a medium of exchange for us. It’s intertwined with our beliefs, actions, and life outcomes.

So, what does money mean to you? Could you take a moment to think about it? If you’re keen on exploring this further, check out the free e-book on our website at www.moneymentalist. It could be a real eye-opener!

Until next time, let’s continue the conversation about the role of money in our lives. Remember, it’s not just about the dollars and cents but what they represent for each of us.

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