I have heard the saying, “Let’s just throw some money at this problem!” And I immediately think, “What a waste!” We are missing the point if we are not changing the habit that got us into the predicament in the first place. We are bound to repeat our glooming results…. Why contemplate throwing more money into a bottomless hole thinking it’s the cure? The crazy thing is problems always have a taste for money- it’s like candy! But that doesn’t mean you feed it sweets just because it tastes good.
I think about NFL football players who flaunt money and pay outlandish amounts for parties and a lavish lifestyle. They give money to childhood acquaintances (to include the club and entertainment community), and do so without first ensuring they have made investments into their own retirement. If they get hurt and exit the NFL earlier than planned, their so called “friends” from home do not offer financial assistance to them. Instead they gossip and say “oh he was making it big and now look at him, I thought he would have set himself up!”
Don’t be that person.
Money does not solve everyone’s issues. In fact, if mental awareness/enlightenment is not gained then I would argue you are simply throwing money away. Why? Because those unenlightened will go out and repeat the same financial mistake. And YOU feel the heartache and financial burden of the lost money. So focus on solving the issue… the outlook on spending. Break that down and you have helped your friends moreso than giving a mere financial bailout.
Bottom line: Help by giving sound financial advice— not by funding a habit.
If you find this thought interesting, please consider reading more in my book!
“Procedures, Techniques, Rules… I Wish I Learned in School is a resource tool that offers bottom-line instructions on a range of habits that have proved beneficial to our nation’s leading authorities.” “Andrae has taken his experiences from sitting down to talk with leaders, such as former Secretary of Defense, Donald Rumsfeld; Chairman of the Joint Chiefs of Staff, General Martin Dempsey; and Korean War hero, General Paik Sung-yup, and consolidated the lessons learned about life. Useful techniques are broken down into the simplest forms that relate to finances, health, parenting, and mind-set—all of which, if they had been reinforced and learned in our youth would have paid back seven times over. It’s never too late to become better. Enjoy.”