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Friday Morning 103: The Truth About Money

Ann
In the flow of life and finance, money is more than just a tool for transactions; it’s a mirror reflecting the deeper layers within each of us. With over 15 years of experience in finance and investments, Mr. Trinh Ngoc Minh, founder of B247 (a service specializing in home cash deposit and transfer services outside business hours).

Mr. Trinh Ngoc Minh, founder of B247 - service specializing in home cash deposit and transfer services outside business hours, views money not just as a financial asset, but as a flow that reveals hidden aspects of our inner selves. To him, money is like a mirror—at times clear, at others opaque, yet always truthful.

8 Perspectives on Money

1. Money as a Reflection of Inner Self

Money
is not just a tool for exchange or a material asset; it serves as a
magnifying glass
that reveals profound aspects of our
inner self
. When we don’t have money, we often live simply, with fewer worries, and can connect more easily with spiritual values. However, once money enters the picture, our
needs
and ambitions come to the forefront. While some positive qualities such as kindness and generosity can flourish, many are also tempted by wealth and fame. This leads us to the question: if one’s inner self is not strong, can money be used wisely and truly add value to life?

2. Money Helps Achieve Desired Life

Money enables us to

achieve the life we desire
. When we have money, we can invest in crucial aspects of life such as
education, health, and experiences
. Money allows us to broaden our horizons, create new opportunities, and improve our quality of life. Fulfilling our plans and dreams becomes easier, but it is essential to remember that using money wisely is crucial to genuinely enjoy life.

3. Money Multiplies What We Already Have

Money has the ability to

multiply what we already possess
. When we invest in our skills and talents, money becomes a tool for growth and enhancement. Furthermore, while money cannot buy happiness, it can be invested in values such as health, education, and experiences, thereby creating genuine moments of happiness. To multiply what we have, we need to sow the seeds, which are our ideas and aspirations for personal development.

4. Money Provides Freedom of Time

One of the greatest benefits money offers is

freedom of time
. With money, we can invest in modern tools and technologies that enhance productivity. For example, owning a powerful computer enables us to complete tasks more quickly, freeing up more time for personal activities, family, or hobbies. Time is the most valuable asset, and money helps us manage and optimize it effectively.

5. The Meaning of Money's Flow

Money needs to be

invested wisely or generate value
. The true meaning of money extends beyond mere possession; it lies in its ability to create a
flow
. This flow represents growth and prosperity. When we hinder this flow, something else may emerge and seize the value of our money. This can manifest as inflation, unexpected expenses, or ineffective investments. Therefore, instead of merely hoarding money, we should seek ways to invest and utilize it judiciously to achieve long-term benefits.

6. Money Accumulates for those with Meaningful Plans

Money tends to

accumulate around those who know how to plan
and use it meaningfully. Successful individuals in financial management are often those with a clear vision who understand how to leverage money to create value for themselves and society. They focus not just on making money but also on generating value for others, thereby expanding their networks and opportunities.

7. Money Relates to the Value We Provide to Others

Another important aspect of money is that

the amount of money we possess often correlates with the level and quality of value we provide to others
. When we invest in people and help them, we are also investing in our future. Money is not merely a tool for consumption; it is a means to make a difference and foster the development of the community.

8. The Capital of Humanity is Humanity

The most valuable capital each person possesses is their

relationships with others
. Wherever there are people, there is money. Building connections, supporting one another, and investing in relationships will help us create a strong foundation for our lives. A good relationship can open many doors for business opportunities and personal growth.

Money: Its Role in Growth, Well-being, and Fairness

The Evolution of Currency and Its Significance

Currency has a long history, evolving from silver and gold to become a tool of exchange, leading to the emergence of national currencies. The United States has played a significant role in establishing and abolishing the

gold standard
while creating the
Petro Dollar
system. This evolution has profoundly impacted how money operates in the global economy. Furthermore, managing personal finances through an
investment framework
is crucial. Allocating money to various goals such as investment, emergency funds, education, giving, and leisure helps create a solid financial foundation.

Friday Morning 103: The Truth About Money.
Friday Morning 103: The Truth About Money.

Illness, Happiness, and Fairness

Lastly,

illness and happiness
are equal opportunities for everyone. Money cannot buy health or happiness, but it can help us face the challenges of life. When we have money, we can access better healthcare and enjoy a fuller life. Everyone can experience difficulties or joy in life, but with money, we can manage those challenges better and seek fulfilling experiences.


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