The Value of my Money

2005 June 19
by Gaizabonts

What do you believe about money? What is its place in your mind? There have been many ‘definitions’ of what money is; many thoughts and many ideas. One of the most powerful thoughts about money – and more about it being the root of evil, is very well described in the speech by Francisco d’Anconia in Ayn Rand’s Atlas Shrugged.

However that is a very deep thought about the purpose and value of money and its relationship to men who possess it or don’t – their relationship and perception of money.

Yesterday, while waiting for a flight I saw two women stack up all the local currency that they had and I guessed they were doing what we all tend to do when leaving a country – dispose all local currency – especially if it is not easily convertible.

Crumpled pieces of paper started landing up on the table from all possible pockets and wallets. Soon you had a stack of various denominations surrounded by pints of Fosters. The plan was probably to have as much beer as residual local currency permitted.

My first reaction was disgust – not at the disposal plan – I do it all the time. I was disgusted at the way the money was being ‘thrown’ in. The currency notes were as crumpled as a love note that did not make sense. The notes were tossed in the beer pit as casually as grain being fed to birds. A few notes fell to the floor and they were picked up and tossed back in the pit with as much indifference.

In my growing up years, respect for money has been hammered into my head for years together. Parents and teachers ensured that we did not ‘play’ with money. Keep it safe and organized. We even have a festival where we worship money. Money has a ruling Goddess in the beliefs that I grew up with. I felt disgusted at the way the women were treating money.

When I churned these thoughts even more – I wondered whether I was thinking right and thinking enough. I wondered if I was being culturally myopic. World over I have seen money being treated very differently. The ethos of money that I learnt and grew up with is not the same for everyone. For most people, money is just a tool – a tool of exchange. Why and where does the concept of respect come in, then? Francisco said, “Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” Ahead, he says that money is, “…only a tool.”

My thoughts come from another part of his speech, where he says, “To love money is to know and love the fact that money is the creation of the best power within you, and your passkey to trade your effort for the effort of the best among men. It’s the person who would sell his soul for a nickel, who is loudest in proclaiming his hatred of money—and he has good reason to hate it. The lovers of money are willing to work for it. They know they are able to deserve it.”

It then comes down to how you have made your money – that determines how you treat money. It determines how you use, abuse, or misuse money. It determines how you treat it – like a loved one? It demonstrates your own values about yourself. It describes how much importance you attribute to your efforts that got you the money.

How you treat money talks about how, deep down, you treat yourself and your own worth.

17 Responses leave one →
  1. 2007 January 6
    Explorer permalink

    How you treat money talks about how, deep down, you treat yourself and your own worth.

    Couldn’t agree more. Francisco’s speech came about as a revelation. A revelation of something that was long known and implicit!

  2. 2007 January 7

    ==Explorer:
    One of my long time favourites, along with ’sanction of the victims’. Cheers!

  3. 2007 January 8
    Explorer permalink

    Yes, that one too! Reading both Fountainhead and Atlas Shrugged felt like reliving a world that existed only in my mind until then!

  4. 2007 January 8

    ==Explorer
    I think I know exactly what you mean – felt the same way myself. It’s nice when someone puts thoughts into words – and oh-so-beautifully at that!

    you don’t blog, do you?

  5. 2007 January 9
    Explorer permalink

    ‘Nice’ is an understatement. I haven’t found a particular word that does justice to a feeling that can’t be contained. But for now, ‘joy’ comes close.

    I figured I’d conquer reluctance this time and start blogging afterall. That’s how I ended up at your blog!

    I did read your blog on words…the one that talks about instant conversations. Framed my thoughts about it. Just finetuning it.

  6. 2007 January 10

    ==Explorer:
    I’d agree at ‘nice’ :) I would have attempted ‘exhilaration’, perhaps.

    I look forward to the URL, soon! :)

  7. 2007 January 10
    Explorer permalink

    I saw this in TOI today. I find it befitting this context.

    It’s good to be just plain happy, it’s a little better to know that you’re happy; but to understand that you’re happy and to know why and how and still be happy, be happy in the being and the knowing, well that is beyond happiness, that is bliss. – Henry Miller

    Expect my URL sometime this weekend!

  8. 2007 January 12

    ==Explorer:
    I bit mushy for my taste, especially when read in the context of reality with all the variables. However, makes some sense with this particular isolated context ;)

    Look forward to the URL

  9. 2007 January 13
    Explorer permalink

    Hey, dropping in to say hello and to give you my url.

    naandi.wordpress.com

    My maiden entry into the blogosphere!

  10. 2007 January 13

    ==Explorer:
    Lovely to see you (t)here!

  11. 2007 January 16
    Explorer permalink

    :)

    Probably the first time I’m using an emoticon!

  12. 2007 January 17

    ==Explorer:
    All the more reason for you to remember Gaizabonts! ;)

  13. 2007 January 19
    Explorer permalink

    There are reasons aplenty why I’d remember Gaizabonts! Your blogs are such a relief from the constant insanely insipid conversations that people force me to have. You should write more and more often. You understand when I say mental stimulation is a pleasure in its own right, don’t you?

  14. 2007 January 20

    ==Explorer:
    Thank you! I will write as the stimulation strikes :)

  15. 2009 November 4

    “How you treat money talks about how, deep down, you treat yourself and your own worth. ”
    If even a 50 paisa coin drops from my wallet, i pick it up and touch it to my forehead. This respect came long before I started earning and i think it really is my attitude towards spending.
    Well written post, on a very different topic and comes to an amazing conclusion in a unique way.

    • 2009 November 7

      That respect (picking up and touching to the forehead) is probably a legacy and culture instilled by our parents and grandparents. I think, the reason why it remains (or does not) when we grow up is the real determinant of what value we place on money.

      Thank you!

Trackbacks & Pingbacks

  1. Respecting Value « Square Peg/Round Hole

Leave a Reply

Note: You can use basic XHTML in your comments. Your email address will never be published.

Subscribe to this comment feed via RSS