Today, I’d like you to consider some key things you need to know about money, dear reader. In other words, think about what it all means to have money.
It’s natural to dream about being rich, of course.
Most people dream about being able to buy whatever they want and go anywhere and everywhere they’d like to go, possibly even in a private jet.
The attraction of having that pot of gold is why a lot of people will chase every rainbow.
However, while money is necessary for sustaining life, there are some things you should understand about money.
Here are three of them:
Things you need to know about money:
1. Having money brings its own pressures:
A great fortune is a great slavery. ~Seneca
It’s reasonable to want to create wealth and build a fortune. Everyone wants to feel financially secure. Why wouldn’t you?
However, being financially secure doesn’t mean you’ll have a life without problems and worry.
You’ll encounter different problems and other things to worry about.
No one goes through life without problems. Dealing with problems and challenges is an inevitable part of human existence.
Put simply, having money brings its own pressures.
Once you’ve got money, your biggest concern will be to ensure that you hang on to it.
Inevitably, that means you can become a slave to managing your money, preserving its capital value, and protecting your fortune.
Being wealthy may be a nice problem to have, but it’s no less of a problem for that.
So keep it all in perspective.
2. Money can never be more important than people:
We love to earn money; who doesn’t? It gets you things. ~Katie Price
Earning money is excellent, as it allows you to buy both the things you want and the things you need. However, money won’t take care of you when you’re ill.
Yes, it might enable you to hire some help.
However, that’s not the same as having someone around who genuinely cares about your well-being. That someone for whom you matter much more than money ever will.
In my experience, while money is important, nothing in our lives matters more than friends and loved ones. Human beings are social animals. So, only people really matter to us.
Never focus on money to the point where you neglect the people who should matter most to you. Forget about them, and eventually, they will forget about you.
You can have all the money in the world, but you’ll have nothing at all without friends and loved ones.
Please go out and earn as much money as you can, and enjoy it too. Fill your boots, as they say.
However, always maintain a sense of balance in your life and make sure that you allocate some time for the people who matter most to you.
An investment of your time in the people you love is an investment that will pay dividends.
3. Money is a precious resource, so use it wisely:
A penny saved is a penny earned. ~Benjamin Franklin
I make no apology for repeating Benjamin Franklin’s money mantra, repeated frequently by generations of well-meaning parents to their profligate children. It’s as valid today as it was in his day.
Whether Franklin was referring to money saved when making purchases or money saved from income is not obvious in his statement, but that doesn’t matter.
The underlying point is that you must be cautious with your finances, as saving money is the key to building wealth and achieving financial independence. No one ever got rich by wasting their money.
Money, like time, is a precious resource, so use it wisely.
Please share this post with your friends:
I hope you found these things you need to know about money interesting.
If you did find this blog post interesting and valuable, please share it on social media with your friends.
When you share, everyone wins.
Please share it now, and I’ll be ever so grateful. You’ll be helping a keen blogger reach a wider audience.
Thank you.
Other articles you might find interesting:
- Work and Money: Which is more important?
- Turn your yearly income into your monthly income
- 3 ways for getting rich
- How to become rich through your work
- 5 ways to kill your dreams
- 33 life lessons learned that are best learned early
- How the power of words can change lives
- 10 steps for making new year’s resolutions
- Public Speaking: The Power of the Pause
- Productivity Tips: How to Structure Your Day
- George Carlin’s Top 10 Rules For Success
- Top wealth creation strategies for financial success
- Why an investment in knowledge pays dividends
- 13 tips for improving your personal happiness
- Steve Jobs’ Top 10 Rules For Success to inspire you
- 25 inspirational stories of people going from rags to riches
- How to find the right job for you: Simply Explained
- How to spot a liar and be your own lie detector
- Self-promotion and why it matters if you want success
- 21 things you need to know in life to avoid its pitfalls
- 9 tips for getting the most from your work
© Mann Island Media Limited 2025. All rights reserved.