What's more important to you: love or money?
A new survey by Country Financial revealed that most people who are married or in long-term relationships would choose money over love, if they had to make the choice. If you’re one of these people, you might want to consider rethinking your priorities. After all, without love, money won’t buy you happiness. And financial security, which can be achieved with hard work and dedication to your career, doesn’t necessarily equate to a meaningful life – one filled with friends and family members who truly care about you and your future success and wellbeing. In short, don’t forget about love!
Defining Money
Money, Money, Money. The three words that will forever be linked in a gold-plated union that many of us still don’t fully understand. If I had to give it a definition, I would call it Purchasing Power—the ability to purchase items needed for day-to-day living and also some luxuries. Is money important to everyone? For most of us, yes; but there are those who don’t care about having it.
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The purpose of money
Money can give us everything we need. But does it bring happiness? In my opinion, it does not. Think about it for a second. The whole purpose of having all that hard-earned cash is so we can finally purchase what we want, right? But once we have purchased whatever our hearts desire, then what? Does satisfaction and fulfillment suddenly come over us when we finally get what we've always wanted so badly? It doesn't always work out that way.
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How do you make it work?
That’s a complicated question that each of us can answer for ourselves in our own way. But before we can do that, we have to be honest with ourselves about what it is we want and need from life—what are our financial goals, how much do we want to earn, how will we spend our time, etc.—and then make choices that align with those objectives.
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Reflections on relationships and finances
What many people don’t realize is that, for some couples, finances can actually be a deal-breaker. If a partner has a history of not handling their financial affairs responsibly, it could cause problems down the road. It might also have an impact on other elements of your relationship. For example, if one person is used to living in excess while their significant other lives frugally, there may be pressure on one party or both parties to adjust their spending habits.
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