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Is money the root of all evil or can it also bring happyness?

People often say the love of money is the root of all evil. I feel it can also be a pathway to happyness. I am 31 living with my parents and have $0 savings and about $700 in my checking. I have a decent job but haven't been really good with my money. If I had about $20-$25k savings right now. I would be much happier. Not having any savings is always on the back of my mind. I am going to start saving from now on. It's just the time it will take to save up that's the hardest part. I feel like such a loser, which I am because I have been careless with my money. Had I been more discipline, I would have a lot saved up. I don't need or want to be millionaire just want to live a life comfort in which money isn't an issue. Started a T-shirt business with my friend that has great potential of making us decent money. Hopefully, things take work out.
Money is just a tool. It can be made or used in good, neutral or evil ways.

The real evils are excesses of greed, fear, anger or ignorance. Any of these can motivate someone to use money (or anything else) in ways that cause harm.
People often don't think sufficiently about the consequences of their actions.

It's how money is made and used that counts.

An old guideline is to put 10% into savings (one pay day). These days, because interest on savings is below the rate of inflation, it would probably be best to put the money into superannuation (or something that accumulates value over the long term, like gold.)
skip2mylou · 31-35, M
@hartfire Thank you very much, well said
PhilDeep · 51-55, M
Nothing wrong with it as a medium of exchange. As a medium for judging and exploiting others though - as it too often seems to be the excuse for... well...
skip2mylou · 31-35, M
@PhilDeep Thank you
SW-User
I don't think so. I think greed is more like that. Wanting more than you need can lead to evil.
skip2mylou · 31-35, M
@SW-User Very true
DragonFruit · 61-69, M
There's a difference...money itself isn't the root of all evil, it's a useful thing.
The love of money (greed) is the thing called the root of all evil.
While that's closer to the truth, some evil arises out of hatred which is not based in greed...so even the love of money is not the root of ALL evil.
skip2mylou · 31-35, M
@DragonFruit Thats true
smileylovesgaming · 31-35, F
I all was just put a little into savings. Doesn't have to be a lot. I set a goal for the end of the year and put a little in every check to reach that goal at the end of the year
skip2mylou · 31-35, M
@smileylovesgaming Thanks for the advice
olderuncle944 · 70-79, M
simple question what expenses do you have ,if some one gave you 20,oo dollaes ho much would youe in 6 monts and still be working
skip2mylou · 31-35, M
@olderuncle944 I help pay rent and cable, cell phone bill and groceries
olderuncle944 · 70-79, M
@skip2mylou how much is left at end of month bank saving accounts dont pay much you need 500 at most banks for savings with out charges put that much in savings and every payday put 10% in savings
skip2mylou · 31-35, M
@olderuncle944 Thank you, will def start saving.
Money is not the root of all evil - that's something a poor man says.

This is not directed at you - but just the remark.
skip2mylou · 31-35, M
@MarmeeMarch lol, I understand. Thanks
money isnt the problem.. stock markets are... making more money by havign money is wrong. you should work for your money always
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olderuncle944 · 70-79, M
people save money so that later like retirement money works for them to maintain there life style after retirement
skip2mylou · 31-35, M
@olderuncle944 Thank you
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skip2mylou · 31-35, M
@Stereoguy Thank you.

 
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