E.E. Cummings
Thinking or talking about Money is never just about Money. Money has a way of bringing out the absolute best and absolute worst in people. Money has a way of slithering into every facets of our lives and affects our ego, our feelings, our thoughts and our relationships. I have often read that money is the number one reason for couple separations, above sex, above kids, above religion, everything! I have witnessed first hand throughout my whole life, that it is the one topic sure to make people uneasy. I grew up in quite possibly one of the most progressive and liberal families ever, but there was always one thing you did not talk about directly, and that was money.
I have heard that Money is the one religion we all belong to, and instead of going to service once a week we go every single day and it is on our minds 24/7. This sounds crazy, but it is so true. Even some of the most enlightened and the most spiritual among us have been guided more by money then any religious or spiritual teachings. Furthermore, even our religious establishments are just that, establishments, that like the rest bow to one thing before all else, money.
Speaking of religion it is known that scripture has plenty to say about wealth, poverty, making money, giving it away, what is virtuous about having money, and also how love of it can be our downfall. It has been said that one-sixth of Jesus’ words recounted in is the Gospels address money with only the Kingdom of God being a more popular topic. However, how often do we discuss our financial situations with our spiritual leaders with our friends and family? Just based on some recent conversations, I have been shocked to learn about the intimate and difficult conversations that are openly discussed at many churches, which sounds great and healthy, however I have not heard about a single conversations regarding people’s finances, debt or bankruptcy. I am sure it happens, but to what extent compared to everything else.
Because of all the emotions and issued tied into money it is no wonder it is the last taboo. If you think about it I am sure you can recall more conversations you have had about sex, politics and morals with your friends then money. Have you ever wondered how much money your friends make, how much debt they have, how they spend their money, how much their mortgage is, what their plans and goals regarding money are? I would guess that you have, but I would also guess that you have never asked, or at least not directly.
So what is the problem with Money being taboo? The problem is that we all deal with money, we all work to make money, we all need money, but we can’t talk about it. When we can’t talk about something openly then it becomes the unknown and the unknown represents FEAR and living in fear is not healthy and not productive. Furthermore, when we can’t discuss it then it becomes us standing alone against the world and whenever we feel like “I” instead of “We” or “Us” we feel isolated, alone, even terrified. Something to realize is that business wants us to stay in fear, they want us to not understand or be comfortable with money, it makes it easier for them to convince us to hand it over to them, which we do. We give them every penny we have now and thousands of dollars we don’t even have yet, we get in debt and live our lives giving away what we work so hard for.
I propose, like a few others, to talk about Money openly. However, it is nearly impossible for this without understanding what it means to us. So we need to take a moment and determine what it means to us, and try and realize that it most likely means something different to those around us. What does it mean to have money, how would you feel about having no money, how would you feel about having millions? These feelings and thoughts about money can have a huge effect on how you relate with friends, family and partner. Furthermore, we need to look at money as more than a sum total equation. The more money your neighbor has does not mean that there is that much less for you. Just realizing this simple fact can make it easier to help others, share, and possibly even more important, be able to ask for help! Money needs to be deflated down to what it actually is, currency… everything else is just our feelings and thoughts about it. Lastly we need to determine what we want that needs money, why we want it, and take time to evaluate if that matches our internal desire for peace and happiness.
I plan to have more posts soon that talk about what money means to me, what I want that requires money and my new focus on having more time to do the things I want versus just having “things”.
Ohhhhh, great topic, Mike! I cannot wait to see what you discuss next along these lines. There was a funny episode of Friends (Season 2, “Five Eggplants…”) where money was a sore subject with Rachel, Joey & Phoebe vs. Ross, Chandler & Monica. Someone said something like, “We never thought money was an issue before.” And Rachel snapped back, “That’s because you have it!” Seems, as with many things in life, that the things we don’t have which we want are tough to talk about. However, you made a great point that no matter how much money a person has, it’s still taboo to discuss. Wow… so many posts you could do on this topic (and I’ll read every one of them!).
Michael,
Great stuff!!!!!!!!! What you say is so true. We had many, many discussions about money in our family. However, when I really think back, they were really arguments and usually ended with me getting angry and sulking off to the garage for a few hours, kinda like I still do… hahahahahaha.
To help others, and you, get started with breaking the “Talking about money taboo” I propose that you post on your blog the amount of money you make, what you owe, how much you save, how you spend your money and any other relevant information that will help you and others get past this taboo.
Don’t expect me to do the same cuz MONEY is still TABOO in this house… hahahahahahha.
Megan - I remember that episode of Friends and it was hilarious. Glad you are excited about the topic, hopefully I can present some thoughtful ideas.
HAC - I think that is a great idea, I have thought of doing something similar after I saw a blog where this person blogged every single purchase for a year.
I have a great friend who is open with her finances and me with her. It’s very refreshing and sometimes I forget that not everyone is like that…My family is very sharing with each other in this area too..When I was growing up my mom was always very honest with us about our finances and sometimes we struggled to make it…
I had a friend ask me yesterday if I had read this yet..I hadn’t, if I had we might know each other’s incomes right now…
That reminds me Mike! You have never told me how much you make!:)
My biggest frustration with money is when people say we can’t afford to do that!!!! (I hate this phrase) I would go on, but I’d start ranting
Got to run, Me
Thanks for your honesty Mike, I know money is such a difficult suject, but I feel as though I know you better after you shared with me last night.. I like being open in this area it’s nice to share and bounce idea off of friends. To get others opinions and gain knowlegde.. You get to find out what works and what hasn’t for others..
Shannon, thanks for the comments! Regarding the phrase that you hate, I don’t like it either. Most of the time it is just a matter of priority.
The more accurate language would be “I choose not to spend my money or credit on this or that”, instead of, “I can’t afford it”. This simple change in language asserts that the person has choice and that they are in control of where there resources are used.
Yeah, it is nice to pull back the curtain and realize it is not so scary to talk about this stuff after all.