145: Challenging Your Beliefs: Money, Buying and Happiness


They say that money makes the world go round and that the love of money is the root of all evil.  Do you believe it?  Our culture works arduous hours all for one thing, money.  Sometimes it is for necessities.  Most other times though it is for luxuries and status symbols.  The process is simple; work more, make more and buy more.

Today I examine some common beliefs about money.

Everyone wants to be better.  The grey area is though, what is better?  For some it means to live up to their potential.  Others feel it may be to have a high level of status.  Ye for others it is simply to keep amassing more things that are deemed valuable by society.

We all work.  The major consensus is that the more money you have the more important you are.  While not everyone agrees with this, it is the foundation of our economy. Why else do companies have logos?  They have logos to set them apart from the competition.  To be the best you need to make people believe that your product is the best.  It caters to their need to belong, to be respected.

Money is great.  Our economy is based on it.  But when the desire to have more and more money is the goal and not the benefit it brings, imbalance in your being becomes apparent.

i have been wealthy and poor and I know which one I strive for more.  Having more money allows me to add to the world in a way I couldn't before.

What about you?  Is it important what kind of car you drive?  Where you live?  The next time you buy something, understand what the impetus is

Quote of the Day

"Too many people spend the money they earned, to buy things they don't want, to impress people they don't like" - Will Rogers


Topics Covered in this Episode

  • Maslow's Hierarchy of Needs
  • Fallacies about Money
  • The Need to Buy as Determined by Ego
  • Why you desire Status


Journal Question

How often do you buys things that are not essential?

Action of the Day

  • Review your last five purchases and honestly as yourself why you bough the brands and items you bought.



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Thom WaltersComment