“By not saving & managing your money in your youth…you greatly increase the likelihood that you will one day feel enslaved to a job. People will tell you that money doesn’t make you happy, and that’s because they are broke. Money will offer you freedom, which can lead to both peace and happiness. Make it-Share it-Save it”
Being on the radio for almost 20 years has taught me that you can’t make a statement everyone will agree with, and so I was not shocked that a few (very few) disagreed. However, I am a little shocked that someone would disagree. Does that make sense? Sure, I know that not everyone will realize I’m like a Caucasian Buddha, but not sure how anyone can deny the importance of money here in America. Regardless, I want to clarify my statement to help people understand the brilliance that flowed so easily from my tortured mind.
Note that I didn’t say money can take care of all of our problems, and that it is the source of happiness. I said it can make life easier for you. When life is easier it can thus bring more peace and happiness to most situations. For example, one of my dear friends replied with the following statement to my post:
I agree with you Tony. Always been a “save for rainy day” fund gal. In my 20s..when we were making very good money-we both socked 16 percent into 401ks…bought a modest home. 15 year mortgage ( house now paid off and I am only 43 ). Being responsible then when we were making big bucks saved me a world of grief later.
You will notice the phrase, “Saved me a world of grief later.” What you don’t know is my good friend lost her husband to cancer at a very young age, and was left to raise 3 children. Did the money take away the grief. No. Did she ever think the money would replace the loss of the love of her life? No. However, did it reduce the stress in her life greatly? Absolutely. Let me give you an example on the other side of the spectrum. My parents are now almost 80 years of age, and despite having Medicaid and an AARP health policy their medications cost them over $500 a month. If my parents had not saved money then they would be having even more struggles Life is still difficult for them, but at least one stressor has been removed due to a few extra “Benjamins” in the bank.
Money shouldn’t be worshiped, and allowed to control us, but you sure as hell better learn to respect it and know the value of it. I’m not speaking from a place of expertise, but I am speaking from experience. I’ve made and continue to make great money, but because I wasn’t wise throughout the years it has tripled the amount of stress I have in my life. I simply didn’t listen to my father who told me to save my money. Now, please know I’m blessed beyond my dreams with most of the important things in life so don’t miss my point about money. My post is simply a way of advising younger folks to not just live for today. Sure, enjoy today and spend some of your money on things that will bring joy into your life…just don’t spend all of it!
A few others insinuated that my Facebook post showed that I’m a broken man and in need of turning things over to God. I would like to say that we are all broken, and you know what is worse than being broken? Being broken and broke at the same time! I fully believe that a belief in a high power will bring an incredible amount of peace during difficult times. However, God doesn’t even carry a wallet, which makes it very difficult for Him to pay my rent.