Money is an illusion.
Well, the physical green paper you have is not. The definition of “Money” is an illusion. Literally!
Definition of Money: “A current medium of exchange.”
Let’s not jump down the rabbit hole too far, but a medium is anything you want it to be, as long as both parties agree. Take this another step further. . .anytime you give someone something, and expect something in return, that is money.
When you are invited over for a birthday party, you arrive with a gift. That gift is your “medium” for saying “congrats and thank you for inviting me to your party.” You feel terrible when you forget a gift am I right? You are getting out of the car and you say “Are you serious!? How the heck did I forget a gift!?” Do you feel terrible because they are going to go without your gift? No, you feel terrible because they provided you an invitation, food, cake, a good time, and all you did was show up and eat!
They gave you value.
What do you value?
Value can equal money, but value is so much more, because value can be priceless or something you cannot repay. We put dollar amounts on value because most of the time we cannot repay a service immediately with value. So we give money to them that is left over value from another exchange we made earlier.
Did I lose you?
When your bank account is low, you are not providing enough value, or you are getting more value than you receive. When it’s high, you are giving more value than you receive. We pay for what we value and we sacrifice what we don’t. Take a quick read of my article titled “Let’s get rich Quick.”
What if we stopped thinking about money as dollars and cents and we physically thought of it as your hard work, your time, your knowledge, support, your coaching, your service, you fill in the blank. That is what money is.
The man giving away the most value wins!
“For the love of money is a root of all kinds of evil.” – 1 Timothy 6:10
The reason the Bible says the LOVE of money is the root of evil because it’s an illusion. . . You are falling in love with something that you define, that you give meaning to, that you have made up. . .see the problem now?
How do you define money? What does it mean to you?
Let’s start thinking about money in the value we provide. Bring more value, receive more money.