LIVING BT FAITH IS LIVING IN MIRACLES

<b>LIVING BT FAITH IS LIVING IN MIRACLES</b>
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Friday, October 11, 2024

Money Fantasies and Money Miseries

Money Fantasies

Not being rich and yet wanting to live richly is one of the most common money fantasies. 

An Illustration  

There was the story of a beautiful and sophisticated woman in her mid-twenties who wrote to an investment counseling company looking for a list of eligible bachelors with earnings of at least $600,000 a year. That woman had money fantasies in her mind. According to experts, using marriage as an investment is a money fantasy, and no more than a "bad" investment bargain—just like investing into a shrinking currency. Just imagine the beauty of that woman would shrink over the years, while the $600,000 might grow over the long haul. So, marrying into money, buying the lottery, and winning at the casino are all money fantasies that are not approved by God because they come from greed and gluttony.

Money Miseries

Money miseries happen to many who always feel dissatisfied, frustrated, insecure, and insolvent. This mental condition suffered by many is often a result of their constant exposure to media news of the rich and the famous, as well as their own perceptions of “possessions equal satisfaction.” Spending more than earning and living from paycheck to paycheck (70 percent of consumers, according to The Wall Street Journal) often lead to struggling with money miseries that ultimately end up in going broke. 

Even wealthy celebrities went broke, such as Mike Tyson, a famous boxing champion earning over $300 million dollars, ended up in bankruptcy in 2003; and Michael Jackson, a recording artist, dancer, singer, and songwriter, earning over $500 million dollars, was heavily in debt when he died in 2009.

According to the Harvard Business Review, money and happiness are not positively correlated, because wealth may make people less generous and more domineering. In addition, money may not bring out the best of an individual: the more money that individual has, the more focused on self that individual may become, and so the less sensitive to the needs of people around, as well as the more probable to doing all the wrong things due to the feeling of right and entitlement.

An Illustration of Going from Riches to Nothing

Barbara Woolworth Hutton, also known as “the poor little rich girl”, was one of the wealthiest women in the world during the Great Depression. She’d experienced an unhappy childhood with the early loss of her mother at age five and the neglect of her father, setting her the stage for a life of difficulty in forming relationships.

Married and divorced seven times, she acquired grand foreign titles, but was maliciously treated and exploited by several of her husbands. Publicly, she was much envied for her lavish lifestyle and her exuberant wealth; privately, she was very insecure and unhappy, leading to addiction and fornication.

Barbara Hutton died of a heart attack at age 66. At her death, the formerly wealthy Hutton was on the verge of bankruptcy due to the exploitation of her husbands, as well as her own lavish and luxurious lifestyle.

Barbara Hutton was the unhappy poor little rich girl! She was widely reported in the media, and her story was even made into a Hollywood movie: “The Poor Little Rich Girl.”

The bottom line: Many Americans earn plenty of money to live a great lifestyle but end up in money misery with their money blown away.

Living by faith: Believe in a powerful God. Beware of money—or rather the love of money, which is idolatry obsessed with “money-lust.”

"For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs." (I Timothy 6:10) According to the Bible, money is the second most powerful god. So, beware of money—or rather the love of money, which is idolatry obsessed with “money-lust.”

"For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs." (I Timothy 6:10)

Stephen Lau




















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