Saw this article tweeted around by my boy Cody McKibben (who’s also a pretty killer “personality” online, fyi), and thought some of the points made in it were pretty spot on. People either love or hate on Seth Godin, but regardless he’s a pretty brilliant dude.
Here were the points I really got down with:
- The amount of money you have has nothing to do with whether or not you’re a good person. TRUE!! Some people are just better at it than others, like any other game out there. What makes you a good person is your heart :)
- Money spent on one thing is still the same as money spent on something else. Also very true! Though admittedly I suck at remembering/understanding/caring about this. A $40 parking ticket vs $40 for a kick ass new outfit feels completely different to me – though technically still $40.00. Same with earning $40.00 more one month at “my job” vs getting a check for $40 for my birthday. It’s probably best to consider it all very much the same, but such is my hang up.
- If you borrow money to make money, you’ve done something magical. If only we can figure out more ways to do this! My dream is to be able to say, “Give me $____ and I’ll turn it into $____.” That’s a powerful thing to be able to do right there.
- There’s no difference (in terms of the money you have) between spending money and not earning money… Yup. And both are very easy to accomplish, haha… The trick is figuring out whether you’re better at spending less or earning more to keep your finances going up, up, up!
- If you’ve got a job, a steady day job, now’s the time to figure out a way to earn extra income in your spare time. Side hustling, baby!! Much easier to pull off when you’re not counting on that money and it’s all “extra.” Also for following that dream of working for yourself one day, if you’re one to fall in that category anyways. If not, it’s still some great extra money!
There were some others in there that were so-so and/or I didn’t understand all the way (Did I mention Seth was pretty smart? ;)), but those above 5 were the ones that really stood out to me. And then there were a few others I just didn’t agree with all the way, like this one:
- If money is an emotional issue for you, you’ve just put your finger on a big part of the problem. While this could be true for a majority of people, I actually feel like being emotional HELPS with managing your money. Because the more passionate/angry you are, the better chances of you accomplishing whatever it is you’re trying to do w/ your money! It’s taking all that emotional energy and using it to better whatever situation you’re in. And it’s nice feeling alive when you interact with money too – for better or for worse ;)
Here’s the entire article if you want to check out all 16 of them: Thinking about money. I guess it was on his mind knowing that marketers work overtime to try and confuse us about money, haha… That’s def. true! Y’all keep on eye on it, ya hear?
PS: Yes, there is even an action figure based on Seth too, as you can see from that pic above. On top of all the books and everything else he’s built for his cult following! A true marketing master indeed…
[Photos by betsyweber]
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!