If you’ve ever seen Gail Vaz-Oxlade’s show, “Til Debt do Us Part” you’ll hear the opening soundtrack. If you haven’t, try to find it.
I’m reading Moolala by Bruce Sellery, which I thought was going to be your usual how-to for money. Spend less, make more, save, save, save. It has the tag line “why smart people do dumb things with their money (and what you can do about it)”.
It’s not about spending less, making more or saving. Well it is about all those things too. Just on a deeper level. You could call it psychological or spiritual, whatever you want to name it.
We all have ideas about what money is for, what it does for us. Most of our ideas come from our childhood experiences.
For me, money was a point of contention. My dad made good money, but he spent it on things my mom didn’t agree with, and she always felt we didn’t have enough. (which may have stemmed from her childhood experience of growing up the seventh of 10 children on a farm). I guess I grew up with the idea that I needed to save, I needed to stash money away for LATER. My money context is money is for later. I’m good at putting things off, buying things. Like when we were given a large gift of money, my husband bought a television (we didn’t need) and I was to buy a video camera. We picked one out and it was out of stock, and we’ve never gone back to get it. My husband says that’s happening soon.
So then, in this book, which I’ve only gotten a chapter into, it asks you to rewrite the context of money, because guess what? you get to tell your money what you want it to do. Money doesn’t control us, we control it. Or at least we should, because money isn’t sentient, yet.
I’m trying to figure out what I want my money to do after the whole survival thing is over. So I”m trying it out.
Money is for freedom. Freedom to do what I want, freedom to create and enjoy life.
Money is for security. I need a certain amount of money stashed away for security. This isn’t bad, it is what I need.
Money is abundant. Part of my money is for the future, is a scarcity mentality. I’m going to add this one as a reminder on my debit card, so I’m not worried about spending. There is more and more and more. And I can have all I want.
What is your purpose for money?