I don’t think that anyone will argue that money isn’t important. Of course, there are a lot of other things to work on, such as relationships, personal knowledge, family related goals, and so on. But a lot of these will also depend on the amount of money you have at your disposal. In a way, money is all about freedom and choices. If you have more money and resources, then you have a wider pool of alternatives to choose from. But if you do not have that much extra income, then you’re going to be forced to choose from a smaller set of alternatives. That’s why I think that it’s better to just accept that money is important, and then figure out what can be done to increase it.
Knowledge is an important factor when it comes to money. If you don’t know as much about how money works, then you will tend to play it safe and choose what everyone else is going for. That would be great if most people are choosing the best alternative. But sometimes, there are better alternatives out there, that many people aren’t quite aware of. So it’s good to read up on matters related to finances. One thing that I’m particularly interested in is how transactions work, and how we are charged for them.
It’s important to remember that many transactions come with a particular charge. For example, some banks might charge a fee in order to handle a currency exchange for you. Knowledge is important because it allows you to find out which bank charges the lowest fee, or ideally no fee at all, when it comes to certain transactions. A similar situation exists for money transfers. I’ve been looking at the OrbitRemit blog and other similar sites, for information on what people should know when they send money somewhere else. If you can determine which firms and sites charge the lowest fees or rates, then you can make decisions which will save you money.