Friday, March 13, 2009

Is it called Financial Freedom or Greed?

March 13, 2009

Me difference pala? Hehehe. Watchuthink?

In psychiatry, a psychological disturbance becomes a disorder, when it impairs the functioning of the individual, be it in the activities of daily living (like eating, bathing, etc), or in the more complex functioning as decision making. I guess we can use this tool to tell when financial freedom becomes already greed. But in this case, the individual we are pertaining to is not only the one who is in pursuit of it, but the people who might get affected in the pursuit as well. Ewan ko sa 'yo

For me there is nothing to discern. For one, they belong at the opposite ends of the spectrum. Financial freedom is something that is good, while the other is bad (absolutely and not relatively). The former is an end. While the latter is more of a means to achieving an end. Watchuthink?

However the parallelism exists between the two because one is a matter of perspective while the other is not. Because of our individuality, the definition of financial freedom is viewed at many context, such that its pursuit may resemble that of greed. But when it does, it is not financial freedom anymore, but, greed, actually.

Financial Freedom means different things to different people. It entails a spectrum of definition from having nothing at all,no possessions, staying under the government’s mercy, commuting and not having the burden of owning a car, for example at one end. For some it simply means being debt free, having a decent salary, having enough money for retirement or earning (a lot) from passive income. And at the other, being extremely wealthy – being able to buy anything, wanted or needed, having the money to take lavish vacation, the power to buy expensive cars and jewelries. You see, the latterdefinition is the one responsible for the ambiguity.

Being greed as an excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth, and since that clearly what one needs is but a matter of opinion, it then confounds us as to what makes greed andfinancial freedom different from one another? It is the denial of the same goods (food, power or wealth for this matter) to others that completes the meaning of greed and that which makes it distinct fromfinancial freedom.

Thus when money is pursued to have the power to buy dignity or life for example, now that one is greed. But when it is used to buy a diamond, well that one is a matter of opinion. Hehehe Watchuthink?

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