Quantum Happiness Series- The meaning of money


Money Matters

“Money is what we take in exchange for our life’s energy.”
–Deepak Chopra

Take a moment and think about the quote above. Let it sink in fully.

It was life-changing for me.  The very thought that money is what we take in exchange for our life’s energy gave me a whole new perspective on purchases.

Let’s say, for example, that I make $20 per hour.

I spent an hour of my life to pay for a burger and fries,

Or those shoes that I have only worn once cost me half a day,

Or that cup of coffee cost me 15 minutes of my life’s energy.

The implications are astounding. I was sacrificing my time and energy to buy things I didn’t need or even really want. I was just spending mindlessly. So, I decided to organize my finances to see where my life’s energy was going and where it could be conserved.

Sure enough, I found spending habits of which I wasn’t even aware depleting my bank account, causing me passive stress, and feeding my ennui.

Meaning of money 

“Being rich is having money; being wealthy is having time.” – Margaret Bonanno

Since realizing the true cost of purchases, I have become much more careful where and how I spend money.

When I considered: 

All the Christmas gifts that go unused,

The toys that children play with once and discard,

The amount of life energy that goes in the garbage every week,

The cumulative life energy represented in the landfill,

I immediately changed my spending habits and began warning friends and family that my gift giving mindset had changed dramatically.  While I still enjoy giving gifts, I now pay more attention to what the person actually enjoys and what experience I can give as opposed to a material item.

For example, I often:

·        Cook birthday dinners instead of buying birthday presents.

·        Plan activities with my friends and family instead of working overtime to buy them an extravagant gift.

·        Give gift certificates to restaurants or spas so they can relax and enjoy themselves when they need it most.

 

Paying attention

Would you rather work half as much and ditch the shopping trips and extravagant dinners? Most of us would.

A large percentage of Americans, as well as citizens of other industrialized nations, spend much of their lives working to pay for things they don’t need.  Simply being aware of unnecessary and/or unused purchases, makes us more conscious of our buying patterns and encourages us to change our spending habits to accurately reflect what is important in our lives.

Want vs. need

Many Americans learned how to do more with less during the recession of 2008/2009. The financial crisis forced us to reevaluate our wants and needs and prioritize things that were previously taken for granted. Homes were downsized, cars were traded, and boats were sold to raise funds. At the same time clipping coupons, gardening, cooking, and tiny living gained popularity. As a nation we were forced to separate our wants from our needs.

For instance,

·        We need transportation but want an expensive car.

·        We need food but want to dine in restaurants.

·        We need shelter but want a mansion.

·        We need clothes and shoes but want a designer wardrobe.

This experience taught many of us to be grateful for things we had previously taken for granted.

 

Sprout gratitude

Taking a moment of gratitude during our busy day, provides fertile ground for happiness, exuberance, and energy to bloom, especially when life is full of struggles. If we wait for a perfect day to be grateful, happiness will remain elusive and ennui will continue to reign.

Everything in life may be viewed as either a curse or a blessing, and problems are simply opportunities in disguise. I recently read a parable that captures this point precisely:

A traveling holy man and his apprentice came upon a farm with a single cow. The people were very poor and depended on the cow for everything. They made butter, cream, and cheese from its milk, reserved what they would eat, and sold the rest.

The next morning as they were leaving, the holy man told his apprentice to go back and push the cow off the cliff. The apprentice was worried since the family relied on the cow for their livelihood. But he did as he was told.

Years later, the apprentice returned as a holy man himself and was surprised to find a mansion where the family’s hut had been. He asked the landowner what had become of the other family.

The man replied, “We have always lived here. It is our family land. We used to be very poor and relied on one cow for everything. When that cow died, we had to learn new ways of taking care of ourselves and develop new skills. Losing that cow was the best thing that ever happened to our family.”

This parable teaches us that even the worst disasters can present us with unexpected outcomes and enlightenment. So, when problems present themselves, as they always do, instead of resisting, embrace the opportunity. The only constant in life is change, and since there is no way to stop it, we must learn to value the many possibilities it presents.

Bye-bye sheep

Cultivating gratitude must be practiced deliberately and daily. So, at the end of every day, while falling asleep, count your blessings the way others might count sheep. If you can’t think of anything to be grateful for, start with abundant food, clean water, and fresh air, three things much of the world struggles for every day. Then move on to reliable electricity, transportation, and uncensored internet access.

We all have much to be grateful for but instead we take these things for granted. So, say goodbye to counting sheep and count your blessings instead.

Engagement exercise 1:

List five specific things that you can be grateful for right now. Think back and try to find at least one thing that you would not have expected to be grateful for but are.

Engagement exercise 2:

Go to your closet:

What percentage of your clothing do you wear regularly? ____%

What percentage do you wear for special occasions? ____%

What percentage do you not wear but hang on to, “just in case?” ____%



Now evaluate your shoes using the same method:

What percentage of your shoes do you wear regularly? ____%

What percentage do you wear for special occasions? ____%

What percentage do you not wear but hang on to, “just in case?” ____%


Now move on to other areas of your home.

What percentage of dishes or cookware are unused? _____%

What percentage of kitchen appliances are unused? _____%


What percentage of personal care items are unused? _____


Engagement exercise 3:
Using the percentages from exercise two and calculate how much of your life’s energy is spent to buy things you don’t use.

Clothes: _______%

Shoes: _______%

Household items: _______%

What changes might be in order?

Vacay Q&A playlist: Meaning of money

Video about the meaning of money

Sources and resources:

This has been an excerpt from the Everyday Vacay e-series

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