The Purpose of Money

could buy several boats. Eventually you would have a fleet of fishing boats and you could skip over the middle man and eventually control the product, processing and distribution. You could leave your village and move to bigger cities to run your expanding enterprise.”

The fisherman asked how long all this would take. The businessman replied, “15-20 years.” “But what then,” the fisherman asked. “That is the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very very rich. You would make millions.” “Millions! Wow! Then what?” The businessman said, “then you would retire, move to a small coastal fishing village where you would sleep late, fish a little, play with your children, take a nap with your wife, stroll into the village in the evenings where you could sip wine and play your guitar with your friends.”

The fisherman looked up and said, “Isn’t that what I’m doing right now?”

If you don't know what you need and you are unwilling to define what you want, you are pursuing the game of greed and it will consume you. If you are young, this game will rob you of your youth. If your youth has already passed you by, it will rob you of true happiness and your chance to leave a legacy. Do not spend your life chasing after money without a thought for how you actually want to live. Do not get trapped into always wanting more.

Money is not real wealth. In fact, material things are only wealth to the extent that you are fully able to enjoy them. True wealth comes from human interaction; our relationships, experiences, ideas and plans. While money can purchase some of the things that make up wealth, most of us place the highest value on being able to share these things with other people.

Equanomics will help you become financially independent. We are here to support you through any situation and each decision you need to make. Our goal is to help you look at your life, realize what really matters to you and help you pursue it.


 

Key Ideas


  1. The Purpose of Money
  2. Disparity of Wealth
  3. Our Economic Roles
  4. Ownership
  5. Cooperatives
  6. Local Economics


Words of Wisdom

"In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries."

Ezra Pound