Cost of Money

The Cost of Money!

“Money often costs too much.”

Ralph Waldo Emerson

There is an old story

A widow and her little child were returning from the forest collecting wood. Suddenly, a voice called out from the nearby cave. It proclaimed the immense treasure inside the cave and said the widow can take whatever she wanted. The door to the cave will open on a bell and close permanently after 3 minutes following the second bell. Joyfully the widow jumped into the cave with her son on the first bell and quickly collected as much as she can carry. On the chime of the second bell, she moved out with the treasure and the cave door closed behind her once and for all. While happily counting the fortune, the mother realized with a shock that she had left her son inside the cave.

I have always felt a knot tightening in my throat every time I read this story. The tale is the perfect parable for our life, dictated by the over attachment to wealth. While greedily amassing worldly fortunes, are we missing the eternally valuable things?

The search for the goal of life has been going on ever since human history. In the short period between birth and death, people pursue a lot of things in search for a happy and comfortable living. It is a natural tendency to equate happiness to the riches that we posses. But is this really true?

A research on happiness

One of the longest studies, conducted by Harvard University, spanning 80 years, to find out the factor affecting a person’s happiness, has arrived at astonishing conclusions.

Originally starting with 268 Harvard sophomores, the study expanded to include more than thousand people from all walks of life. The research found out that, it is not money, fame or possessions that keeps a person happy though out his life. The only factor that is important, argues the current director of the research, Robert Waldinger in his TED talk , is ‘Quality relationships‘ that the person has in his life.

Unfortunately, we are so consumed in the rush for money that we neither have time nor energy to develop nurturing relationships. We miss out on many things in this frenzy and are oblivious to it until it is too late.

The sad truth is, rather than earning money for living, we live for earning money. We need everything in surplus and when we have that, we want more. This avariciousness has hindered our personal growth, love and spirituality, the corner stones to eternal joy.

Money doesn’t make anyone great

All great minds have abhorred fortunes and embraced a simple living. People like Francis Assisi, Gandhi, Walt Whitman and Leo Tolstoy have even considered money dangerous, if not evil.

Instead of blindly following the luster of money, they have dedicated their lives to spiritual and humanitarian causes. Without argument, they have left behind a legacy of their own and were easily the most happiest people ever lived in spite of their minimalist approach to life.

Nevertheless, we need cash to live in the society. The basic necessities should be fulfilled and bills need to be paid on time. But the quest for these necessities should not be a hindrance to the more important things in life.

In fact, the more fortune that we have, the more we have to spend to maintain it. This becomes a vicious cycle of buying and working hard to earn money for maintaining it. Ellen Goodman, Pulitzer prize-winning journalist and writer has put it very eloquently.

“Normal is getting dressed in clothes that you buy for work, driving through traffic in a car that you are still paying for, in order to get to a job that you need so you can pay for the clothes, car and the house that you leave empty all day in order to afford to live in it.”

Ellen Goodman

Few people see the irony behind this. Those few try to escape from this imprisonment. Others keep going with the society’s flow, unaware of the great fall awaiting them.

Who is really wealthy?

Richness is not something that can be measured with the amount of money that someone posses. Rather it is the quality of life and happiness that he/she enjoys, the ways in which they have influenced the society, happiness they have spread through their kind actions and so on that signifies a fulfilled life.

More simply, love is the greatest fortune anyone can posses. What good can the money do to the mother in the story who lost her child in the pursuit of that very treasure. It would torment her to death that her greed led to her greatest misfortune.

Instead of being hell-bent on amassing lucre, wouldn’t it be better if we are contend with what we have? Won’t it give us the freedom to pursue the eternally important, if we can break out of the reins of money?

What is your opinion on the topic? Feel free to post it on the comment box below

46 comments

    • So true! The blindness makes it difficult to see the obvious truth. Thank you for commenting. Follow the blog if you like it

  1. Too often we equate money and greatness. Of course there is no connection between the two but the makes an engaging myth. You are clearly thinking deeply about these things.
    Thanks for following my blog!

    • As you said, even though there is no relation between money and greatness, it has become a social dogma that prompts people to earn more through whatever means possible. Thank you for reading this. Please follow my blog if you like it

    • Exactly! If people would understand this, world would be so much better place to live in. Thank you for reading the blog

  2. That parable is a really great example for us, we are blinded by money and the sad thing is it is always too late to realize our mistakes. Though it is known for all that everybody dies hard for wealth, fortune, and money, it is also our means for living, and also the reason for our dying. Stress, depression, sickness, heart attack, poverty, everything has to do with money. Great post, thank youπŸ™

    • Thank you for your very insightful comment. It is a great feeling to know that there is someone out there who feels the same way you do.

    • Thank you for taking the time to read and comment. As you said, realizing the important things in life is the first step towards happiness.

  3. This is quite an interesting topic. I love your balanced view on the irony in the pursuit of wealth. I am glad that you did not shy away from pointing out that we need money to survive. Many people have accepted the view that money can’t buy happiness. At the same time, however, the lack of money can make a person reasonably miserable. Living in societies that are built on the structures of incessant bills attached to living, or existence complels most people to pursue money. They sought of have to pay their “dues” for staying alive. In this continuous dynamic, the question is always where to stop. This brings to mind the saying that ” If you are nit pursuing something, something will pursue you.” Even the circle of family, friends and acquintances that are said to likely bring one more joy, can easily alienate individuals without the means to support themselves. How much is the minimum required to live a decent life? There are studies that have done the “heroic” task of trying to come up with the mininum dollar amount/figure required to achieve this. This is just very academic and lesslylikely practicable. Indivodual/ family situations differ greatly and one size will definitely not fit many. The hedge against a constant state of dissactifaction seems to be contentment in the face of lofty ambitions. Thank you for sharing this in-depth post.

    • Thank you for your insightful comment. It is true that common people show aversion towards poor. Nevertheless recent minimalist movements have captured social consciousness. Hope that will bring about a change in the way we see fortune.

  4. Well stated. People are so often obsessed with “prosperity” that they overlook the emotional and mental needs we all have. Without a good circle of love (friends, family, pets, joy) the rest is just stuff.

    • So true. On the pursuit of “prosperity” we seldom stop to see what we are missing. Thank you for taking time to read and comment. Hope you are doing well.

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