Author John Boitnott did the hard work in collecting quotes about money, really good ones that put into perspective what money is. I can’t disagree with them. They are truisms. Now, they’re worth reviewing.
Why then is the world economy in another era of irresponsibility so soon? It’s greed. Maybe we’re wired that way. It’s an obviously bad idea. Greed makes you stupid. Ask any thief in prison. “Greed is good” is a falsism.
I think the 25 quotes are good tools to fundamentally change things for the better. Sadly, people forget them. They don’t get passed down.
Money is an idea too.
Work, Pay and Money
I look at money in a classic way. It’s an exchange instrument. It’s a symbol of whatever I’ve done or have, is worth a certain amount of money people will pay for. In turn I can take this representation of worth and exchange it for something else of value. Money frees up trade. I may be able to trade my writing skills for a hamburger, but more likely I’ll earn cash and eat with more flexible menu options.
From there complexity builds if you shift away from the above thought. You start playing with risk. The allure is powerful. Before playing, review the 25 quotes.
Then ask yourself these questions.
If you veer off, are you smart enough to pull it off? Are you playing with folks that know the rules better than you? Are you playing with some who are making their own up? Are you playing with those who take? Are you playing with those who share? Are you playing with those who give? Are you trying to play with those who aren’t playing? Do you know who you are playing with?
Sometimes, to earn money, you have to play with everyone. Sometimes it’s by not playing at all when it’s wrong. You have to ask these questions over and over since all the answers change dynamically. These aren’t the only questions, obviously.
Change the idea.
Sir Karl Popper knew that ideas can become reality and thus an idea itself is real. World 3 is what he called it. The concept frames our human reality and actual reality. Be careful with ideas.
Ideas, good ones, make humankind better.
Working for good ideas is earning worth towards making a better life for yourself and others. Money can be the result.
Some improve humankind through work and ideas that money can’t define- improving at the moment or improving for the future, turning their back on the money. To them it’s a transaction of value to humankind and the world.
Ask yourself how fulfilling is it to work for a bad idea? What do you call it?
Constantly thinking of ideas and following good truths about money will get you out of the mud even if you are up to your neck. It can guide you from failure to success. It may even shape reality for all. Make sure it’s a good idea if it’s going to affect others.
Did the ideas of the 25 quotes become real? They are. Some have obviously lasted for centuries. More people have to understand them to change things for the better. They’re all worth relearning, and as John put it, live by.
Send in your money quotes or ideas that were passed down to you, or ones you remember.