It's Valentine's Day and “Love is in the air, everywhere I look around….” John Paul Young. Let's talk about love and relationships.
If you're single, maybe this song makes you sick? If I didn't have anybody to cozy up with at night, I'd probably randomly hurl at the site of lovers rubbing their noses and holding hands in public. “Why them and not me?!” Things would get especially tough around Valentine's Day.
Ask This Q On Valentine's Day
Let's face it, money is but a small shadow of importance if you have nobody to spend it with. There can never be a debate about one question this time of year. And that question is:
If you had a choice between finding the love of your life but would always be dirt poor, or never finding the love of your life but having all the money in the world, which would you choose?
I love asking people this question, especially women because it gets them all giddy. I already know their answer. But, it's fun to hear the way they answer anyway, especially when Valentine's Day is approaching.
The Answer Is Always “Love & Poor”
The reason why this question is silly is because you will always have some money thanks to others. But, there is a chance you will never find love. Defining love is easy. You are either in love with someone who loves you back, or you aren't.
Defining money is hard. You can blow it all on cars, gambling, and designer jeans. But even then, you will likely still have money because of moral hazard. Culprits include: the Bank of Mom & Dad, your friends, your relatives, and good old Uncle Sam who will always be there to take care of you, no matter how reckless your spending. How ironic.
Since Americans won't die from a lack of money, motivation to make money won't always be there. Here's where magazines, TV shoes, gurus and personal finance blogs come in to kick your ass into shape. We step in when you start wondering why your personal finances aren't where you want them to be. That's fine, it's just when you don't realize you're on a particular detrimental course which makes things worrisome.
Whereas with love, you could be the nicest, best looking person on Earth. But, because of destiny or what others may call your low self-esteem or lack of ability to love yourself first, you may never be able to find someone. I don't know if there's a worse fate in life than growing old alone. Well, maybe jabbing long needles into your eyeballs in an enemy prison is worse.
What Are Your Priorities This Valentine's Day?
If you're single, perhaps you feel like you are wasting time thinking about money. Or, maybe after we've reached a certain level of money security or understanding, we should all stop thinking about our personal finances and start think more about our relationships with our loved ones.
Some highlight posts from around the web:
* The second Yakezie Writing Contest has begun! A team of 12 Yakezie Members were assembled to go through 1,049 essays to pick the Top 60. Linked is one of my favorites so far. Come support and vote for your favorite!
* Costs Of Running My Online Business. Mike's online business is getting huge, and it's amazing to see the costs associated with running all his websites. I had no idea. I'm thinking of buying another site myself, and hope to keep costs down.
* Behind The Scenes With Andrew Sorkin Of Too Big To Fail. Andrew's book was riveting, and provided an insightful look at what went down during the financial crisis. Everybody should read his book and get a good understanding of Armageddon.
* I Don't Want My Kid To Have It Better Than Me. Kevin suggests we break the cycle because things don't seem to be that good. Life has been very fair to me so far and I just want my kids to have a chance to fairly compete in a competitive world.
* Creating More Income For A Balanced Budget. Little House discusses various additional income ideas to help ones finances out a little. Staying at home blogging is nice, but I don't think I could do it for more than 4-5 hours a day. I'd go house crazy.
* Bailing Out Family & In-Laws. Elle provides some nice thought processes for what to do when family ask for monetary help. Perhaps somewhat incredibly, I've never been asked by any family member for monetary help. Maybe I should ask them for some help for my mansion fund. Just kidding.
* What's With All The Begging Online? Mighty Bargain Hunter notices a trend of beggarship that is pervading the online community. It's easier to beg than work for one's spoils. Everybody, send me some money via PayPal now please!
Further Reading And Recommendations
Here are some additional resources I’ve put together that will help you on your financial journey to earn more, save more, and hopefully double or triple your income!
- Take advantage of free online financial tools: Free Wealth Management
- Explore my top financial products recommendations
- Learn how much you should aim to have saved in your 401(k) by different ages. The numbers could surprise you.
- Look beyond your salary and start earning passive income. Here are the best passive income streams I recommend.
And here are some other articles you may find interesting for further reading
- How To Save Your Job And Not Get Fired
- Working Is To Capitalism As Retirement Is To Socialism
- Longing To Take A Break But My Conscience Won’t Allow
- Feeling Guilty And Afraid Of Taking Vacation?
- Would You Hire This Recent Graduate For Your Company?