Not to Get all Christian but…
On Sunday I read a favorite bible quote:
1 Timothy 6:6-21.The love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains.
OK, let’s stay away from the religious aspects of this biblical quote and concentrate on the essence of what is being said by the writer (or God depending on your point of view).
Money is not the root of all evil as most folks erroneously like to quote of this passage, the love of money is a root of all kinds of evil, but sometimes it is easier to shorten the passage to fit your argument I assume.
I agree with this passage, you can easily fall in love with money, and that can really screw your life up, which is a simplistic rewording of this passage. The entire low rate mortgage scandal in the states can be summed up by this passage, as people fell in love with what money could buy (expensive homes), which then overextended them, causing them to default on the loans.
My guess as to what the authors are bringing across is a very Christian ethic, which is live within your means (OK, it’s not just Christian, I am sure many Buddhists, Muslims and even a few Atheists agree with this tenant as well). Don’t fall in love with money and the pursuit of it, and worse the things it can buy you, live your life, in a sensible way and you should be fine.
I am not saying, don’t watch your money carefully or make financial plans, on the contrary, I am saying plan so that you don’t have to keep pursuing money, as someone in love might chase a new object of their affection. Money is a tool, to get what you need to live a happy life, not much more, but no less.
Love your family, your friends, and your life, but don’t love money, show it respect as you would any good tool, and you should be fine. The other problem with money as a tool, is that it does not coming with an Owner’s Manual, but then again, most men wouldn’t read it anyhow.
If anybody knows where I can find the Money Owner’s Manual, please leave me a comment.