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Ponderings (September 2008) - “MONEY” According to Merriam-Webster's Dictionary … Money is “something generally accepted as a medium of exchange, a measure of value, or a means of payment” Sharing my thoughts … Money … what does it do for you? How do you handle it? How much is enough? Are you a tightwad, a spendthrift or somewhere in between? In my 20’s I leaned more towards being a spendthrift until I found myself with too much debt. What saved me were words of wisdom from a woman I worked with who was a single mother of two children. She advised the following: With each purchase that you make, ask this question, “Is this item a need or a want?” If it’s a need, buy it. If it’s a want, pass it by. Following this advice helped me to get out of debt and stay that way to this day. My husband’s favorite money quote is “It’s not how much you make, but what you do with what you make that determines your financial situation.” He has used this piece of advice to shape his philosophy around money and it has served him well. What money wisdom has helped you through the years? Questions to ponder …
Related quotes … Money often costs too much. [Ralph Waldo Emerson] The art is not in making money, but in keeping it. [Proverb] Money is something we choose to trade our life energy for. [Joe Dominquez] Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one. [Benjamin Franklin]
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