Thursday, November 26, 2009

Money

If money was no object....What would you do? Travel? Spend? Still save for that "rainy day"?

How much money would it take before you could say, "Money's no object"? $1million? 2? 20?

Where do you even put that kind of money? I can't see my current financial institution being OK with me showing up with a $Million plus lottery "check"

They say that there are three things you should do before announcing yourself to lottery authorities.

1) Cancel your telephone.

2) Talk to a financial planner. (In regards to my question from above, about where to put it all.)

3) Prepare to be bombarded.

There are people out there who are afraid to have money. Can you believe that? They say things like, "Oh! That's too much. I wouldn't know what to do with it. I'd have to hire an accountant. The taxes would be murder."

Wow. If your toughest choice in life turns into "Should I go with accountant X or accounting firm Y?" that's a good thing. There are people right now who have to choose between food and rent. They have to choose between buying gas to get to work to keep their jobs, or buying food for their kids to eat.

I won't get into politics here. (Today) I'm just trying to tell you to keep your mind open. Be aware of the, sometimes, foolish thoughts we let creep into our heads. My wife and I were discussing money this afternoon and we realized that we keep using the term "insane money" when we dream about being rich. That's not a healthy way to look at money. It means that, somewhere deep inside, we might have issues with wealthy people.

If you want to be a wealthy person, it's probably not a good idea to have issues with them. At least we've caught it now. All that's left is to figure out where the problem is. I'd hate to hate myself in a few years when I've come up with a million dollar idea. You know what I mean.

I'll leave you with this again though...If your toughest choice is what accountant to go with...That's a problem that thousands of people would like to have. I know I would.

J

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