The Importance Of Financial Means

They say money can’t buy happiness. That is not entirely true. In today’s world in America and all around the globe, money is the predominate means to attain the necessities of life. Whether to buy food, pay for shelter, or just about everything associated with existing in today’s world all depends on the availability of having enough money to do so. In many instances the lack of financial means puts individuals in very stressful situations. We can conclude having the financial means could very well equate to a person being somewhat happy. This is because when one has financial support behind them the stress level should dissipate. Were not saying that this is true for all individuals but, having money puts a person in a capacity to be able to use that resource to reduce stress associated with not having enough money to pay for such essentials as housing, food, or medicine.

In our fast-paced world where the basic necessities of life are becoming more expensive than ever, one would think that all the technological and scientific marvels at our disposal would somehow reduce many of those costs. That is not the case today. In fact, in Flint Michigan for example, access to fresh, clean, safe potable water is actually money driven. But it is not only those in Flint, Michigan that are having water woes; all across the country water rates continue to spike. And, like everything else, it is the poor that continue to suffer just because they lack financial support.

It is a very sad commentary for our times when so much wealth is hoarded by so few. Much of the world’s anguish would be avoided if there was a lot more balance in societies everywhere. Someone once asked what money can’t buy. When we say it can’t buy happiness or health, think again. Just look at the mortality and obesity rates of the poor compared to those few at the top of the income ladder. Also, look at the emergency room where millions of people flock to just for minor health issues. They are there because they can’t afford health insurance. Money, or lack of, plays a vital role in every one of these issues.

Without access to living wages society especially in the United States today breeds a whole slew of problems. It was Dr. Martin Luther King that stated giving people the financial means like establishing a Universal Income for all would reduce poverty, reduce crime, and pretty much ease the burden of parenthood. In fact, the greatest economic boost for any society comes from that society being able to achieve the “Williams Theory of Economic Evolution.” That being having more people with enough disposable income to spend, pay down debt, and to save at least 10 percent of that income.