The Importance of Money


A great philosopher once said "Money is a barrier against all possible evils." Let's explore and expand on this thought.

Money can prevent the sufferings that come with poverty like cold and hunger. While sickness can not be totally obliterated by money, it can be considerably relieved by it. Giving away money to charity can also provide us with the satisfaction of relieving others from suffering.

With money, we can obtain an advanced education that may aid us in the development of genius and extraordinary achievements. It gives us the leisure to devote a part of our time to culture and art. Money can provide a powerful diversion for all or our troubles by permitting distraction from the anxieties that assail us.

So we must try to get a thorough understanding of all that we may possibly do, in an honorable and legitimate way, to conserve wealth. Even to those who have inherited wealth, idleness can be a certain cause of ruin. A great fortune needs genuine labor for efficient administration. Those who leave this duty to strangers may pay a penalty for their negligence. This is why a rich man, who wants to preserve and increase his fortune, should be his own business manager.

Even artists must know the price that their work is worth. It is necessary for the artist to be a businessman in order to have the right to be a genius. History is full of example of this. The great Shakespeare labored as a theatre manager to obtain the necessary leisure to produce his dramatic masterpieces. Edison worked as a telegraph operator to pay the bills while he "moonlighted" as an inventor.

From the bottom to the top of the ladder, it is necessary to amass money in order to apply it to some great cause. Money is the means by which we may fulfill our purpose in a larger and better way.

Everyone should, in his own way, make an effort to amass some money. Some will apply money to their daily wants. Others seek to swell the fortune that they desire to leave to their children. Some only desire money so they can devote it to some noble enterprise or charity. Finally, a large number see money chiefly as a means of immediate gratification.

Whatever the reason, everyone capable of earning money should learn how to manage it properly in order to ensure that they will have enough of it to apply to the causes that they choose.



Money Related Topics News

  • Money fund assets fall to $2.657 trillion
    Total U.S. money market mutual fund assets fell $21.28 billion to $2.657 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.Assets of the nation's retail money market ...

  • Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
    Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com. NEW YORK (TheStreet) -- "Skepticism is no longer a workable strategy," Jim Cramer told his "Mad Money" TV show viewers on Friday, as he laid out his game plan for next week's trading. ... Click to view a price quote on ...

  • PXT Money Giving Away 7 Free Tickets to College Students for BARSTOOL BLACKOUT TOUR @ House of Blues
    ANDOVER, MA-- - PXT Money, a mobile payment and rewards company, is giving away 7 free tickets to BARSTOOL BLACKOUT TOUR @ House of Blues in Boston tonight and tomorrow night.The 7 free tickets go to the ...

  • 'Mad Money' Recap: Bubble Sightings (Final)
    Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com. NEW YORK (TheStreet) -- "Stop looking for bubbles where there aren't any bubbles," Jim Cramer told the viewers of his "Mad Money" TV show Thursday. He said that now's the time to tip-toe back into the markets, not run ...

  • CashUnclaimed.com Found Unclaimed Money Success Story $100 Gift Card Drawing
    CashUnclaimed.com remains the largest unclaimed money database in the world. CashUnclaimed.com can access both state and federal unclaimed money records at once. They also offer free unclaimed money searches, and great tips on preventing unclaimed money in the future. Log on to http://www.cashunclaimed.com today and find your unclaimed money!Costa Mesa, CA (PRWEB) February 04, 2012 ...

  • The 3 Best Moves You Can Make With Your Money
    Avoiding these pitfalls and focusing on dividends is the path to success.

  • Tough Money Conversations: Telling Your Family You Don’t Have The Money
    Money is a tough subject to talk about! We don’t want people to know what we earn or how much we have.

  • Money & Politics: Freakonomics Author Gives ā€œBig Fat Noā€ to Idea Money Buys Elections
    Follow Yahoo!'s The Daily Ticker on Facebook here! According to conventional wisdom, Mitt Romney's big Florida primary win can be attributed to one thing: Money. Romney's campaign outspent Gingrich by nearly 5-to-1 in the Sunshine State, with $15.4 million spent by Romney and pro-Romney Super PACs vs. just $3.7 million by Gingrich and his supporters, [...]

  • Money ā€˜not an issue’ for city schools
    Money talks. On Tuesday night, it said a Greenville city school system is possible if local leaders decide to move in that direction.

  • MONEY NOT THE PRIMARY FACTOR TO ACHIEVE SUCCESS
    KUALA LUMPUR, Feb 3 (Bernama) -- "Money is not the primary reason behind thedrive to be a successful entrepreneur".That is the philosophy held by the founder and managing director of HyraxOil Sdn Bhd Datuk Hazimah Zainuddin, who has carved out success both in thedomestic and international markets.The story began with a joint-venture move with a Korean firm. Thisdetermined woman has succesfully ...