by TheChosen1

Created on: May 02, 2009

Money means different things to different people. To some it is a mere medium of exchange or a store of value. To others it is their lord and master. Yet to some, it is something they have to chase after to survive. This article will discuss about what money is and what it can do.

Amplification

Many people want to blame money for what they are or what they have become. In truth, money simply amplifies who you are. If you are a good person, more money will enable you to do good things such as build schools and hospitals, feed the hungry and shelter the homeless. If you are a bad person, more money will enable you to conduct illegal activities, hurt and kill people and destroy the environment and people's liberties and properties.

More money will simply help the person become more of what he already is. Money is never to blame for it is an inanimate object and amoral. It is always about the person handling the money. The good person will be better and the bad person will be worse.

The Power of Choice

The amount of money you have determines the kinds of choices that you could exercise. This ranges from the place where you live to the food that you could eat to the clothes that you could wear to the school your kids go to. Indeed, the more money you have, the more and better choices that await you. Likewise, less money means fewer choices for you and your family.

Why buy a Honda Fit when you could afford a Dodge Viper? Why eat at McDonald's when you can afford to eat at the Masa restaurant in New York? Why enroll your kids to public schools when Harvard and Yale are within your reach? Money gives you the power to choose.

This power of choice not only extends to goods and services but to investment vehicles as well. Most people are limited to investments of certificates of deposits and mutual funds. People miss out on Initial Public Offerings (IPO's), joint ventures, real estate and foreclosed property that the rich people usually take advantage of. More money leads to more and better investment options.

Money is never about the metal coins and paper bills. That is a too simplistic way of looking at it. It is about what it could buy. It is about the lifestyle it could bring.

Financial Freedom

Financial freedom is a nice sounding term. It is however very simple. Financial freedom means that you could do whatever whenever. If you wanted to spend the day in Daytona Beach then you could. If you wanted to buy a Ferrari then you would.

This type of freedom also entails that you

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