A Little Something In the Pocket

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A discussion came up at the office today about the link between financial frustration and mental Illness. Not having money can drive you mad, and apparently quite literally for those who are caught off guard. This is of course not taking into account other possible health issues that can arise from financial anxiety.

Personally, I am at a point where I am a bit frustrated with just how central money has become to our lives to the extent that it can determine things like friendships, relationships, mood and to an extent our plans for the future. It is all very unsettling sometimes to be candid when I see the scramble for properties by two people who supposedly loved each other during divorce settlements, and un-paralleled hedonism by those who view money as a status symbol.

That said, I have generally come to terms with the importance of money while trying my best to downplay its influence in my life on a day to day basis. Being Financially stable opens a lot of other doors that may have been hitherto kept shut due to the mind firmly on survival mode.

An earlier post here I read emphasized the need to staying debt free for as long as possible. Debt can unsettle anyone, and make us slaves to money. Worse still, the is the possibility of going on a downward spiral as far as debt accumulation goes as the urgency to get out of debt, or reluctance to make necessary lifestyle changes persists.

One other thing to consider in other to minimize the strain of financial challenges on our mental health is to save as much as possible. I reckon I always feel better knowing I have some assets somewhere even when I may not have anyone physically in that moment. I have written about crypto savings before, and I believe Hive/HBD can serve as a decent platform to store wealth for the future.

Of course the necessary adjustments will have to be made in other to enforce such strict disciplined measures aimed at promoting contentment and satiation. Having something to draw on is a great financial buffer, and is perhaps the biggest reason why the current monetary system has survived for so long on the basis of promising (faux?) security. Unfortunately the boomer bubble is about to burst and the blockchain is poised to succeed where it failed.

Conclusion

We can probably all relate to being broke and being in debt. Still, imagine if it were possible to not having to worry about these things, it represents an option the majority would take. If it is possible to live that way, we might as well aim for it.

Posted Using LeoFinance Beta



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2 comments
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Being debt free is the thing to aim for.
Seriously.
It changes everything.
Clarity ensues.

It's hard to be logical and focused when your entire existence has a dark shadow hovering over your head - 24 hours a day, 7 days a week. (ewwww)

Being debt free allows you to truly breathe.

It can make the nicest of people become total wankers...But, that's on the individual, is it not ?
Debt is (for the most part) ...a 100%, 'opt in' exercise.
(I see it as a kind of 'monetary IQ test')

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Unfortunately the boomer bubble is about to burst and the blockchain is poised to succeed where it failed.

You mean fortunately for us 😁

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