ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Why Money Isn't a Luxury

Updated on January 3, 2020

People claim that money isn't important to them.

'No I would never do it just for the money' they say.

Liars.

They would actually do it for just the money. And they know it. In fact, I'm willing to bet my whole inheritage that when people claim they don't want to do it for the money, it's the other way around.

Here's the thing.

It's not evil to do something for the money. Everyone needs money one way or the other. No matter how much you love it or hate it.

You actually need it.

Period.

Maybe it can help if you consider money to be a tool that you’re using to improve your life. As an example, today I went to the grocery store and bought two lamps. This has significantly improved my life because now my living room isn’t so dark as it used to be.

And if you keep in mind that I’m living in a dark and cold place right now, some light really helps.

Literally.

Anyway, back to topic.

Let’s say that your car breaks down. There’s a problem with the transmission. The people at the garage say that they need to change the whole transmission system. It’s going to cost you at least $3,000. Maybe even more. It all depends on how much work they’ll have to do.

Imagine if you actually had $3,000 available to pay for that expense. I guarantee you that you wouldn’t have felt ‘good’ about paying all that money to fix your car. Nobody ever does.

However, I likewise guarantee you that if you *didn’t* have that $3,000 available, you’d feel worse. A lot worse. You’d either have to sell something or you’d have to take a loan to fix your car. Imagine applying for a credit card loan and you know you won’t see any of that money because you need to pay for fixing your car.

That definitely is going to suck.

A lot.

If you own a car and you haven’t had that one break down where you need to pay a lot of money to get something in your car fixed — get ready for it. It will happen to you eventually. It has happened to me. And maybe it’ll even happen again.

Something to think about if you want that bug out vehicle of yours to be functioning.

Anyway, I think you know where I’m going with this. If you have a day job, make it a habit to pay yourself first. What that means is putting away money in your emergency fund in case something serious happens. If you seriously cannot even afford to put away some money you either need to reduce your expenses to a bare minimum or get a second job. Or perhaps another job.

I think you know where I’m going with this.

You’re not dumb.

However, if you take a look around at what most people today do with their money, they’re rather dumb. At least you would think so based on how they spend their money and what they do.

It’s not abnormal for Average Joe to go to Wal-Mart or somewhere else and buy some cheap stuff that he really doesn’t need and that he’a half enthusiastic about while in the grocery store.

Like a pair of shoes.

When he gets back home, he stares at the shoes for two seconds and then tosses them away. He doesn’t need them. And he knew it from the very beginning.

Now, if he’d done that just once or twice it wouldn’t have mattered so much. Everybody makes mistakes. But doing it over and over again clearly shows a lack of respect for money and financial planning.

Put simply, if you buy stuff you really don’t need over and over again, you won’t be able to save up for your emergency fund. Much less afford to pay for the car repair cost or whatever else big financial cost you’ll be subjected to.

In order to get your money straight, you have to get your mindset right. And in order to get your mindset right, you have to start showing discipline.

It means sitting down with a pen and a paper and write down what you spend money on versus how much you make.

Then you'll have to cut all your unecessary costs and start from there.

It's tough.

It's hard.

But it's 100% possible to do.

All you need is your willpower.

And the ability to persist.

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2020 Aasmund Ryningen

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://maven.io/company/pages/privacy

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)