The 5 Kinds of Money

School may teach us a bit about money.  Real life has taught us all a bit more.  What no one told me, that is now very clear, is that when I learned about money, it was considered to be one entity.  Now I realize there are 5 kinds of money.

1      Money as Debt - In this example, money is a tremendous burden.  Debt also comes with compounding interest making money a crushing negative stress and obligation.

2      Money that is enough to pay the bills - Money is no longer a burden, and can be used to buy 29 days of time/life until the bills are due again.

3      Money in savings - $100 of debt is a completely different form of money than $100 saved in the bank.  We refer to them both as “One Hundred Dollars,” but they are very different things.

4      Money that made from interest -   Your money is now making money.  Your money works like a machine, but it is better than a machine because it will never wear out, and requires no maintenance.   Again, money that you did nothing to create is very different than the prior three examples.

5     Money that is FU money -   Now money has power.  You can do anything and pay lawyers to fix it.  You can do nearly anything to nearly anyone and money will fix it.  You have so much money that no matter what you do you will never run out of money. You can also use the power of FU money to create more money made from interest (4) and then have even more FU money.  And since you have FU money, all of the things you do to make more money don’t have to either be ethical, moral, or even legal. (Meta - Google)

The goal for most of us is probably somewhere between examples 3 and 4.

I’m not sure example 5 should be the goal for any of us. 

Money often costs too much. --Ralph Waldo Emerson