HOW TO MAKE MONEY YOUR FRIEND (PT. 1)

One of the strongest needs of man is money, and we can’t talk about it enough. It answers or provides solution to virtually everything. It buys food and clothing, provides accommodation, and means of transportation. If you must be educated, you need it for school fees, books and upkeep. It’s also a defense; it makes you live up to your responsibility as a family man, helps in recovery from sickness, and keeps you in health.

As important as money is, some frown at people talking about money. Commenting on this attitude, Jacob Needleman, a professor of philosophy and religion, and author of Money and Meaning of Life, laments that, “There exists a tremendous hypocrisy about money. The taboo that used to surround sex now surrounds money.”

I think that this attitude is gradually changing now because the rising cost of living is making more people see that we need money to fit in. Besides, the many conveniences modern technology and the digital age has made possible in terms of multiplying our comforts, has proved that money is a very significant tool. T. Harv. Eker, an American entrepreneur, says that “Money is like a lubricant, going through life without it is very, very, rough.”

Interestingly, if you don’t make money your friend, a lot of it can’t flow into your life. Is there any wonder, therefore, why Jesus in Luke 16:9 advised, "And I say to you, make friends for yourselves by unrighteous mammon, that when you fail, they may receive you into an everlasting home”? Some translations interpret “unrighteous mammon” as “worldly wealth”.

In the incident referred to above, the unjust steward wasn’t commended for his sharp practice of cheating his master, but for his financial sense of making money his friend, and knowing how to use present money to plan for future wealth. If he hated money, he wouldn’t have been able to do that.

As a matter of fact, getting rich is not a stroll in the park. You can’t distance yourself from money and know how to make it a useful partner. This is why Leslie Hassler enjoins us that, “You must nurture a close relationship with your money for you to understand how it will work for you and with you. Your relationship with money should make you happy!” Is money your friend, or do you want to relate better with it?

Ways You Can Make Money Your Friend.

(1) Get financial literacy: Simply put, wealth education or financial literacy is  the ability to convert cash or labour into assets that provide cash flow. Its components include business skills, money skills and investment skills.

It is very difficult to be a successful friend to somebody you don’t know closely. In the same vein, it is impossible to make money your friend when you don’t know much about money and how it works. That’s what financial literacy is all about.

(2) Seriously engage in self-development or personal growth
Personal development covers activities that have to do with improving our awareness and identity, developing our talents and potential, building attitudes and skills which greatly facilitate our employability enhance our quality of life and contribute to the realization of our dreams and aspirations.

The reason this is paramount is because your wealth can only grow to the extent you do. In fact, it is self-development that will enable you to fully utilize your knowledge in other vital areas of life such as business, finance, career, family, and so on.

(3) Don’t love money. Why we make friends with money without having to love it is because of the following reasons:

Ø  All wealth belongs to God, he created all of it. We should love the Creator, God, not the creature.

Ø   Because of its tremendous power and influence in human affairs, if we love money, it will take the place of God in our lives. We’ll always tend to love it more than God and fellow human beings.

Ø  Because money is a solution to virtually everything in life, it is the only thing that can seriously compete with man’s loyalty and love for God, if we love it.

Ø  Love of money seriously darkens the heart and grossly limits its normal flow in our direction. That’s why those who love money do all kinds of unethical things against God and man to acquire wealth. Love of money, therefore, is the root of all evil.

We’ll conclude this post next week. But meanwhile, I have great news for you.

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