ROLE OF MONEY IN LIFE
Estimated reading time: 2 minutes 19 seconds- Money is neither good nor bad . It is our intent and application which makes it appear coloured . It is important to understand how is money connected with each of us – what role it plays in our life
- There are 2 categories of people : (i) One for whom Money is the reason of their work , (ii) There are others for whom Money is the result of their work
- Money as Reason
o Without ascribing any judgmental adjectives ( Good or Bad ) to the focus of these people , it is always on money … they work only because it gives them money ; even if they hate , they will come to office everyday because they get salary at the end of the month ( e.g. House maid , who runs from one house to another just in order that she doesn’t miss to go to a house so that she doesn’t lose money
o Quite logically their focus being only on getting money , it is clearly not on work . It’s an activity they need to go through in a simplistic numerical connection to getting money , there is no connection with Purpose . Ask your maid what her work is , she is more likely to say it is brooming , dusting , swabbing ( all activities ) …. But not as ‘ Cleaning House ‘ , which is the purpose which is why the ‘ activities ‘ have been requisitioned . The approach remains very clearly – transactional .
o Logically further , since the focus is never on work or the purpose behind , efforts are not driven to create a quality output , which remains average & doesn’t improve
o Since there is no time , there is no time for self upgradation , so skills of these people remain where they are ; obviously “ what got them here will not take them further “
o Market pays for ‘ Value ‘ . Since there is no value creation , eventually money does not come to those who run after money
o In my ( Maid to Mother ) terminology , this category of people is ‘ Maids ‘ - Money as Result
o Since money is not the reason why these people work , the reason must be something else .. it is the Cause , a Purpose , which makes the pursuit , sustainable ( & worthwhile )
o Since the focus is on the cause , the output is likely to be good . Since the pursuit is endless , the person gets better and better at it and eventually attains mastery at it
o Since pursuit is of a cause , self upgradation becomes essential and natural
o There is a huge ‘ Value creation ‘ & since the market pays for value , there is a lot of money in it … in effect money follows those who do not follow money
o In my ( Maid to Mother ) terminology , this category of people is ‘ Mothers ‘
…. What do you feel , which side of Money you want to be , Reason or result ? It is a choice you need to make .
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