Money Means Different Things to Different People (Episode IV in Teaching Money to Teens)
Sunday, October 29th, 2006 by KibitzerIf money is just a concept created by people, then obviously what people think about money has a great deal to do with what money actually is. Here are some of the things that money tends to mean to people:
- Power – Money can help you influence or control others.
- Freedom – Money can help you do what you want, when you want.
- Stuff – Money can buy you things.
- Respect – I know it sounds a bit crazy, but people tend to respect people with money (or at least treat them with respect), whether they deserve it or not.
- Immortality – Have a building or school named after you so you (or at least your name) will be remembered.
- Knowledge – Money can buy you information, or free up time to learn what you want.
- Altruism – Money can let you help others – make the world a better place.