March 9th, 2009

nicki window

Philosophy of money

Most of us seek money. That money then goes first to food, second to shelter and third to clothing our selves and keeping ourselves warm. Beyond that we start buying entertainment, status symbols and small comforts. We want to save for the day when we can no longer successfuly seek money and have enough to still obtain our list of needs and wants that seem reasonable.

Each of us has a feel for what money is worth to us. For most a dollar is nothing. If it flew out of hands in the wind, we'd say shucks and hope it found a good home with someone else. For some, it's much needed food. Once we meet those basic needs and have a sensible (as much as we can know) savings plan, how do we set the worth on the luxuaries, the toys, the comforts, the entertainment? Is it purely realtive? For one meal out, I could have two DVDs and I should decide which is better for me? Or is there some other strange structure of worth? I personally don't understand ever paying multiple hundreds of dollars for shoes, but for some people that's "worth it." Should we feel ok spending money in ways that make us happy as long as we don't short the important things? Or is it criticle to make sure your benefit per dollar meets some minimum. There are some things many of us just accept. Cars, for instance. Are they realyl add as much value to our life as we pay? Espeically those of us with access to good public transportation?

In this world where people think that $30/month for cell phone is "cheap" should I feel bad about buying a silly toy for $330?

Some people play the game of just trying to make the numbers big without asking why.

This ignores the tyrany of stuff, but it's a complicated enough issue that I feel that's worth ignoring for now.