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"its only money"

NoEgo

I've got a big one
I've noticed that people fall into 2 camps when it comes to attitudes towards money:

The "its only money" camp or the camp that think that money is a very precious resource. The thing is, the amount of money that a person has no bearing on which of the belief systems he/she chooses.

Which one are you and why?
 
"It's only money" for me.

I've been heard to say "Well, I've got to spend all this money quickly before it runs out!" in the past.

My default state is "no money" so it always seems a bit weird to have any of it kicking around not being spent on stuff.
 
NoEgo said:
I've noticed that people fall into 2 camps when it comes to attitudes towards money:

The "its only money" camp or the camp that think that money is a very precious resource. The thing is, the amount of money that a person has no bearing on which of the belief systems he/she chooses.

Which one are you and why?

Me thinks you might get challenged on that
 
If it's only money, you won't mind giving me all of yours :p
Ambivalent - wouldn't take a job just for the money, but I wouldn't just shrug off the loss of even a fiver as "it's only money".
 
I recognise that we can only have this discussion in the context of a certain degree of wealth and ease. I have said before, elsewhere on Urban, that no-one here is truly broke - we all have at least enough cash to be able to access a computer, and the necessary electricity; we are not too hungry or cold to sit in leisure and tap out answers to strangers.


Money is only a metaphor, in the end. It stands in for the things that are more precious: time, labour, energy, and the material things of necessity like food, shelter, etc.

It is, in fact, "only" money, meaning that it is paper and coinage, with which nothing can be done. It just stacks up in your pocket, or in the bank.

What is of value is the thing for which it can be exchanged, or for which a person has invested their time/labour etc.

When people say "I can't do it" or "I won't do it" because of the money, they are really saying I don't want to make that effort, that swap, that bargain. What is underlying the transaction (or refusal to make the transaction) is often very subtle and tricky to identify. It might be power, or some other intangible part of human interaction. It might stand in for sexual favours, or social position, or instance.

If someone says "It's only money", I suspect that some of the time, at least, they are finding an excuse to spend it, or excusing some profligate choices. In the same way, these people might say "Well, you can't take it with you"; or "Easy come easy go" or some variation thereon.

I also think that a person who habitually says "It's only money", is likely to be generous with their time, and energy, someone who does favours for people, who understands that social networking is about being open, kind, generous, and even perhaps altruistic. Those individuals who are prepared to share their money (after all, it is "only money") are the same who will share their time and attentions. They will be generous with their time when broke, and generous with their gift giving or round-buying when flush.

Conversely, those who are less likely to share their time and energy, are also, I suspect, those who think of money as something to be hoarded and accumulated.

Money as a metaphor, you see; a symbol, signal, stand-in, as an expression of who we are and what we feel within.
 
As long as I have enough to live on I don't really care. I have no overdraught or credit card, no cash back card for shopping, no rent to pay, I have use of a car whenever I want but don't pay the insurance.

Actually, I don't really exist at the moment. :cool:

eta: I'm not a kid, I'm in my forties with three kids of my own. Bit of an enigma me ;)
 
NoEgo said:
I've noticed that people fall into 2 camps when it comes to attitudes towards money:

The "its only money" camp or the camp that think that money is a very precious resource. The thing is, the amount of money that a person has no bearing on which of the belief systems he/she chooses.

Which one are you and why?
Not all people fall into one of your made up categories. Apart from the blindingly obvious fact that people attach differing import to money, there are many different attitudes that people take towards it.
 
Yeah, it is only money, but it's money that pays the rent and the bills and puts food on the table. So no, it's not only money - it's also survival.
 
Blagsta, would you agree that money is a metaphor or stand-in for rent and bills and food on the table?

I mean, money itself has no intrinsic value. Even when it is real gold, it's not useful. Gold, or money, only has the value that we ascribe to it. When/if it all goes tits up, the money itself will be of no value: it's the food and shelter and safety that will have value.

People who can swap something useful (from storytelling to medical ability) will be better off than any number of rich socialites who have no skills outside of pouting and preening.

So if someone says "It's only money" they are either saying "The money itself has no value" or they are saying "I have no fear/cannot envisage of being without food, shelter, safety".
 
I fall into both camps - I don't fetishise money and it's acquisition, but at the same time I'm also aware of it's value to me. When I've had stuff nicked I've taken the view 'It's only an object' which is on the same lines, but I think your two camps aren't real at all...
 
money is only a number.
and so are bills. mortgage. the cost of life. etc.
responsibilities change as one gets older.

it's 'only money' - hey i'd love to think that! but i'm not rich or too poor.
so i guess it don't apply.
 
story said:
I have said before, elsewhere on Urban, that no-one here is truly broke - we all have at least enough cash to be able to access a computer, and the necessary electricity; we are not too hungry or cold to sit in leisure and tap out answers to strangers.

I think you need to look at what modern poverty is if you think this is a significator (or signifier??? :D) for wealth. :)
(BTW Story that wasn't a dig at you I just don't agree with that statement FWIW)

It's easy to say 'it's only money' when you have it/are used to having it....
 
zenie said:
I think you need to look at what modern poverty is if you think this is a significator (or signifier??? :D) for wealth. :)
(BTW Story that wasn't a dig at you I just don't agree with that statement FWIW)

It's easy to say 'it's only money' when you have it/are used to having it....


Well yes Zenie, I don't disagree with you. I've been so busted that I didn't have the bus fare, couldn't feed the cats, was scared of the rent falling due. It's not "only" money if you're broke, I quite agree.


But when we compare our position, sitting here tapping away, with food in our bellies and clothes on our backs and access to health care etc. with that of those who are scrabbling about on rubbish tips for things to sell so that they can buy some food for their children... well, we're not really broke, are we.

To be able to think about it in a theoretical or philosophical way, one cannot be hungry or in fear of eviction. I was only pointing out that we here on Urban have the luxury of being able to debate such questions as "What is the value of money?" because we have enough to stay alive.

Those who are truly in dire straits do not have that luxury.

I was kind of drawing up some parameters for the discussion...
 
I mean, are we just talking about money and what it is in the Modern West only? Or are we talking about money as Platonic *thing*?
 
story said:
Blagsta, would you agree that money is a metaphor or stand-in for rent and bills and food on the table?

I mean, money itself has no intrinsic value. Even when it is real gold, it's not useful. Gold, or money, only has the value that we ascribe to it. When/if it all goes tits up, the money itself will be of no value: it's the food and shelter and safety that will have value.

People who can swap something useful (from storytelling to medical ability) will be better off than any number of rich socialites who have no skills outside of pouting and preening.

So if someone says "It's only money" they are either saying "The money itself has no value" or they are saying "I have no fear/cannot envisage of being without food, shelter, safety".

Here's the difference between use value and exchange value. You're right, money has no intrinsic use value, but it symbolises exchange value. Saying that "People who can swap something useful (from storytelling to medical ability) will be better off than any number of rich socialites who have no skills outside of pouting and preening." is all well and good, but completely useless in my day to day life. I'd rather have money thanks, it pays the rent and bills.
 
Well me too, of course, Blagsta.

If we're talking about the value of money is London in 2007, then I say that money has enormous use value.

Gimme the money.



ETA
I like the idea of Letts schemes and so forth, but I've never bothered joining one because the money has more value to me than does access to a few hours from a plumber some time in the future. The money represents my freedom to choose what I spend it on as well.
 
story said:
I mean, are we just talking about money and what it is in the Modern West only? Or are we talking about money as Platonic *thing*?

It doesn't mean anything to talk about money in a Platonic abstract sense. It's meaning is located in it's social and economic conditions.
 
There is a freedom to being destitute. Having nothing means that you fear losing nothing.

To wake up each morning and begin the day's search for sustenance afresh is to free yourself from the shackles that are the price of comfort.

I don't desire the freedom of the tramp, but the freedom of the hunter-gatherer has its attractions.
 
littlebabyjesus said:
There is a freedom to being destitute. Having nothing means that you fear losing nothing.

To wake up each morning and begin the day's search for sustenance afresh is to free yourself from the shackles that are the price of comfort.

I don't desire the freedom of the tramp, but the freedom of the hunter-gatherer has its attractions.

Errr, yes, time to leave I think......
 
I fall into neither camp: I dislike money and what it stands for, but could really do with a good deal more of it because I have bills to pay and a family to keep. But then I'm earning less than the average wage, so maybe that colours my opinions.
 
littlebabyjesus said:
ok. It's true though.

I disagree. Not knowing whether you're going to eat today or whether you're going to freeze to death at night is not any kind of freedom I ever heard of.
 
Blagsta said:
It doesn't mean anything to talk about money in a Platonic abstract sense. It's meaning is located in it's social and economic conditions.


Quite so.

But the social and economic conditions are very variable, yes? From culture to culture, time to time, place to place.
 
@LBJ: Sounds like misty-eyed "oh for the simple life of a noble savage peasant" nonsense to me. Usually goes hand in hand with "I'd forgo all my money and real estate to be free of the worries and responsibility that comes with my position"; no they (usually) wouldn't.
 
danny la rouge said:
@LBJ: Sounds like misty-eyed "oh for the simple life of a noble savage peasant" nonsense to me. Usually goes hand in hand with "I'd forgo all my money and real estate to be free of the worries and responsibility that comes with my position"; no they (usually) wouldn't.
Nope, not the noble peasant toiling in a field - far too much hard work. But the hunter-gatherer lifestyle certainly has its attractions.

I'm not free - I have bills and a certain lifestyle to maintain and I have to commute, work set hours each day, keep on top of finances, do all kinds of things that sometimes depress me.

And your second sentence is saying something that my post explicitly said I didn't mean.
 
You wouldn't be free if you were a hunter-gatherer either. You'd have to make sure you hunted and gathered enough food, you'd have to find somewhere warm and dry to sleep, find fuel to keep warm - even when you're sick and exhausted. Sounds shit to me.
 
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