Thursday, November 11, 2010

Frustrations with money

Becoming a millionaire seems like a very complex endeavor and the path seems so vague. There are so many beliefs that we have deep within us which kind of deter us in a way from achieving this goal. Books like 'Rich Dad Poor Dad' and 'Secrets of a millionaire' talk about these beliefs and how our conditioning and environment has played a major role at how we look at large amounts of money. Owning large amounts of money is potential. The real motivator is usually the experience of a service or product itself. So its kind of difficult to understand how people all around me are so motivated by money(potential). If you have money you get social approval, appreciation and respect. Is that so damn important in people's lives?Would you like sacrifice a huge chunk of your free time just for that? Its ridiculous the things that people do just to fit into society. This is not a rebellion against society but I think people are just being paranoid about it. The herd mentality is so infectious we stop trusting ourselves which is the most unfortunate thing. How can you be bad for yourself? That's a contraction and it makes absolutely no sense? How can someone else know the taste in your mouth? Why cant people just trust themselves and be happy? Or be more honest with their own feelings? It is understandable if primary needs are not getting adequately(subjective here) satisfied or if u have a loan, then you do have a very strong motivation to earn enough money.

But if a person is going to spend 9-10hrs+ at work, 22days a month for a period of say 40yrs, and we sleep 7hrs a day on an average.

So if I factor everything,
you have 8784hrs in a year
- 2562hrs sleeping - approx 30%
- 2420hrs at work - approx 30%
- 3802hrs of free time - approx 40%

This is assuming the typical working class white caller job. Usually offices demand much more than that. How much stress you carry home needs to be measured. After completing minimum 10hrs of work, you may need to work extra hours on many days and work on weekends too.

So it would kind of go closer to 40% - work, 30% - sleep, 30% - leisure

Now in the 30% leisure time, its barely all leisure, you got to manage a HUGE number of things even in that zone. Its a life full of juggling responsibilities. Why the hell do you need to do that?
Whats the use of buying a very expensive couch if I cant sit on it long enough without any stress or worry. That is like the most inefficient method ever.

Then other paradigm is that, if you are motivated to work. Some people have specific interests and even there, there's a lot of variation. People with COMMERCIAL interests would be much more successful at making lots of money while there are plenty of people whose interests have no room for the typical large scale commercial options available. Every person on this earth adds value. Why is money making so narrow. It is 100 times harder to become a great artist than it is to become a manager in a firm even if you have the same ability in both areas.

Why is getting a job so hard? Why is it so hard to plug into social systems that generate value and create money? Aren't work hour timings supposed to reduce with better technology? It has just got worse. Whats up with people. The difficult part here is, all these constraints of reality in this domain will make you reconcile to them and do the needful till you need is satisfied. But where do I get the motivation from?People expect you to be driven, motivated, passionate? Giving 10hrs of work per day minimum is hard enough, the mental state requirement makes it OUTRAGEOUS.

1 comment:

  1. see the issue is even though the intagibles in life have the potential to give u infinite happiness
    they also have the potential to bring u infinite sorrow
    Hence upon being sorely hurt a few times, we turn our focus to the tangibles in life...
    which is money in various forms...
    that is what i think it is... and thus begins the race for the accumulation of wealth ...

    I guess the more interesting question for each one of us is : What is your utility for money ?


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