Is there a way not to depend to heavily on money?
This question may be un-attainable to be honest. I wanted to know if anyone out there doesn't rely on money as much. Knowing that our country relies so much on financial aid and currency, how can I rely less on money, if possible? #career #money
3 answers
Kim’s Answer
Wow, what an insightful question!
Everything we do revolves around money. I don't think it is possible to get away from it unless you want to retreat to some sort of commune lifestyle. So, assuming that is not an option, I will say this:
First things are to learn to distinguish between "wants" and "needs." You "need" to have transportation to get to work, go grocery shopping, and to the doctor. You "want" a brand new car, when, you live in a city with good bus transportation that will do just fine. There is a lot of peer pressure to have the latest gadgets, newest clothes, etc. You need to be a strong person to resist it.
Second, learn to live within your means. That means, if you want something but don't have enough money to buy it, then save up for it rather than buy it on credit. Exceptions are made for cars, housing, and education. But for education, remember a local junior college for the first year and a half will save a lot of money over a university. When buying houses, they will approve you for a huge amount, I think it is 40% of your income. No one can actually afford to maintain a house if it costs 40% of their monthly income. You don't need to get a mansion. It will be expensive for utilities, new roof, etc. Be modest.
I think these two suggestions will get you headed in the right direction. Unfortunately, I think the only way to not be preoccupied with money is to have a lot more of it than you need. If you don't have a large income, you can still accomplish this by following the above suggestions.
While I have not really answered your question, I hope that I have helped to give you something to think about.
Kim
Paul A Coulter
Paul A’s Answer
Tiiffanie! Maybe a first step would be to become more aware of your current mind set about money. Rich Dad Poor Dad by Robert Kiyosaki would be a great place to start. He has a created a paradigm changing game about money called Cash Flow. His books and you tube video's offer a life changing perspective about money. Think and Grow Rich by Napoleon Hill has been a best seller for years. Our intention with and about money will be a determiner of the role money will play in our life. Job Security and Financial security are different then financially self reliant and financially independent plus they are protective and fear based. Financially free as defined by Robert K is when your passive income exceeds your expenses. Understanding the difference between good debt and bad debt is a big distinction. He covers that on his you tube video's. I have been financially broke with no income and little money in the bank several times. Self unemployment is a very frightening and scary place to be especially with a wife and two young kids and no money coming in. Personally, being free, dancing on lily pads and trusting myself when uncertainty stares me in the face has led me to some pretty exhilarating and awesome places. Learning about money is a skill set and a mindset. Start with Monopoly! Have some fun with this. I am flowing money easily and abundantly and All the money I need is in my pocket, in the bank and available for my use are a consciousness that guides my focus when my personal reality is temporarily different. Self trust, self aware, clarity of intention, purpose and desire play a big role when dancing with uncertainty. I grew up in an alcoholic home and money was extremely scarce so I know what not having money looks and feels like. Presently, money is flowing easily and abundantly. May you be as blessed! Paul
Jeff’s Answer
It's not just our country that relies on currency. Every country does. And they have for a long time.
You can limit your reliance on money/currency in a number of ways.
Live more simply--If you live more simply, you generally have less need to spend money.
Become handy--to the extent you can learn skills that allow you to produce what you need/want, you won't need to pay someone else for it.
Community--Kim mentioned a commune but it's worth noting that even communes typically produce products to sell in exchange for money so they can buy what they don't have the ability to produce for themselves. The Amish, too, live simple lives and rely heavily on their community but they still rely on cash and FDIC-insured banks among other modern institutions. Becoming handy is helpful but becoming handy and part of a community of handy people who are working together reduces your reliance on money even further.
Barter--provide goods and services in exchange for other goods and services. This is an inefficient form of trade and money's greatest benefit is making trading goods and services easier. But if it's important to reduce your reliance on money, build a network of relationships with people who produce the goods and offer the services you need and also need/want whatever goods/services you provide.