Q&A

Is money all about life?

Is money all about life?

Money is not everything, but money is something very important. Beyond the basic needs, money helps us achieve our life’s goals and supports — the things we care about most deeply — family, education, health care, charity, adventure and fun. But, money has its own limitations too.

Is money is the ultimate goal in life?

No. Although you can find that money is the medium to achieve various goals, money must not be the ultimate goal in life.

What is the purpose of earning money?

The higher goal of making money is to make yourself useful to a cause you believe in. While the lower goal of making money sits on level 1 (Physical) or 4 (Esteem) of Maslow’s hierarchy of needs, the higher goal sits on level 8 (Transcendence). Consequently, the higher goal is more fulfilling.

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Why money should not be your goal?

Money is essential to a good life, just like freedom and good health. But, putting money as your goal will only lead you to a frustrating and never-ending quest for success. You will never achieve and experience true happiness and success, you will only have a pile of money.

Why do we chase after money?

Burnout, mental anguish, and wasted time are just a few side effects of dedicating yourself to a pursuit that is overall superficial. Many people spend their whole lives chasing after money, expecting it to bring them happiness, success, and for it to solve all their problems in life.

Is money a success?

In general, people who make more money also tend to be more successful at what they do: It’s this success that makes them feel good, not the money itself. Successful people are also usually more productive and satisfied with their jobs, thus creating positive feelings of self worth, pride and contentment.

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Is life in the money or in the person?

It’s in you, not the money. Life, except for the obvious physical needs, is not so much defined by the external situation as by the inner one. Having money won’t change your internal makeup.

Why is it important to earn money in our life?

For living a life there are some basic necessities that need to be fulfilled. As money is the power to buy commodities and services, certain amount of money is required to fulfill the basic needs and handling contingencies like medical etc. So, untill the money is not replaced by some other exchange media, it is important to earn.

What happens when you have no money to live on?

If all you have is money, but you have no one to share your life with and nothing to enjoy, you’re unlikely to be happy. Money can lead to disagreements: When you and your partner or family members don’t agree on what should be done with money, this can cause substantial friction in your life.

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Who is the author of money and the meaning of life?

Called Money and the Meaning of Life, the author is Jacob Needleman, a professor of philosophy at San Francisco State University.