CommerceCubes

A Penny for your Mind

I am always impressed by a great deal of the articles that Steve Pavlina writes for his site. I stumbled across his site again today and I hadn’t been there in a while. The first article title I saw was “Making Money Consciously”. He raised a good number of points about money and how are society views both making money and having money. Personally I’ve always seen money as a “tool” that you can either chooses to live your life with or destroy your life with, the choice is always yours. At the end of the day the only value money has is the value that we assign to it.

Getting back to Steve’s posting about money I think that this article is well worth a read over. Here is an excerpt from his article….

Money is a social resource – the primary social resource. Money has no inherent value of its own, but we assign it value through social agreement. If I give you $100, you can withdraw $100 of value from society. The only reason this works is that we agree by consensus that $100 has a certain value. If we all agreed that money was worthless, then money would have no value whatsoever.

Because it’s a social resource, money isn’t a perfect medium of exchange. The value of anything, including money itself, is determined by social consensus. That may be the consensus of just two people, such as when you buy an item from another person. Or it may be the consensus of a large group, such as when you buy or sell stock in public companies.

Source: StevePavlina.com

…I’ve personally always thought that there is no good answer to one of those eternal questions as to, “how much is enough?”, when it comes to money. It really is subjective to your lifestyle, your beliefs… it’s as individual as you.

Lucas