Sunday, March 8, 2009

Does money have the right to be considered as a legacy?

Some say money is a necessary evil…others say money is the root of all evil. Either statement should be challenged. The last time I checked money is necessary to live and the LOVE of money is the root of all KINDS of evil. We constantly try to obtain more through necessity, desire and curiosity. What is it about money that drives us incessantly?

Think about all the education we received from growing up at home, school, religion and etc... How much of it is centered on budget, debt, credit, investment, charity, and wealth management? Not all but many have to learn these from the school of hard knocks. Moreover, even knowing this are we doing a better job changing this for our future generations?

Money is a legacy we pass to our descendants. Therefore, our responsibility should be taken seriously. We have many things we want our lineage to reflect and sound financial management if not already present must be incorporated. You do not have to be a parent to make this difference take place; just a willing aunt, uncle, grandparent, cousin, friend or mentor.

No matter what you think money does convert our lives, how that actually takes place is primarily dependent on each of us as we navigate our financial management arenas. Have you come to any conclusions about money and the impact it has made on your life during the formative years, your practical years, your forthcoming years and beyond?