avatarAldric Chen

Summary

The author, Aldric, expresses a passion for discussing financial matters, emphasizing the importance of financial literacy and the value of conversations about money, which he likens to the necessity of oxygen.

Abstract

In a recent live-stream, Aldric engaged enthusiastically with two Chief Financial Officers about the financial health of businesses, a topic he finds captivating and fundamental. He acknowledges that his excitement for such discussions, which include technical financial concepts, sets him apart from others who tend to avoid these conversations. Aldric believes that money is essential to life, much like oxygen, and that those who frequently discuss money are not necessarily obsessed with wealth but are focused on securing their financial future. He views these individuals as sources of inspiration rather than embarrassment, drawing a parallel to Albert Einstein's enthusiasm for sharing complex ideas. Aldric also criticizes those who flaunt their wealth to belittle others, arguing that such behavior is a sign of complacency and decline. He concludes by encouraging readers not to hate money, as it is a tool for achieving a better standard of living.

Opinions

  • Aldric enjoys discussing financial health and technical financial concepts, which he finds engaging and fundamental.
  • He recognizes that his interest in money-related conversations places him in the minority and that most people avoid such discussions.
  • Aldric equates money to oxygen in terms of necessity, suggesting that it is a taboo topic that is crucial for survival and societal function.
  • He posits that people who often think and talk about money are generally concerned with meeting their current and future needs rather than being obsessed with wealth.
  • The author views individuals who are open about discussing money as financially literate and as a source of inspiration for others.
  • He compares the passion for discussing money to Albert Einstein's enthusiasm for sharing his theories, despite the fact that few people understood them.
  • Aldric expresses disdain for those who use money conversations to flaunt their wealth and belittle others, seeing this behavior as a sign of complacency.
  • He believes that money is not inherently evil and that it is a means to achieve personal growth and a better quality of life.
  • Aldric encourages engagement with people who are knowledgeable in business and investment finance to foster personal growth and learning.

Do You Hate People Who Talk Money All The Time?

I don’t. In fact, I enjoy such conversations

Photo by Shane on Unsplash

In my most recent live-stream, 2 Chief Financial Officers came on board to talk about measuring the financial health of the business. Amongst the 5 co-founders of the live-stream, I was the only one excited over this conversation.

In fact, I was so excited that I felt that an hour wasn’t enough. I even thought of going beyond the scheduled one hour.

It was an enjoyable discussion, and thinking back, I probably got too carried away when our guests start talking about Return on Invested Capital and Weighted Average Cost of Capital.

I know it is too technical for many, but it was so beautiful, engaging, and fundamental to me that I didn’t realize one of the co-founders was yawning.

Yup — These are the struggles I have.

In particular: -

  • Struggle number 1 — I love to talk about money.
  • Struggle number 2 — Most people avoid talking about money.

And so, I find myself in the camp of the minority. It was almost as if I fall into the minority camp of those laughing at their own jokes. An apt analogy would be a group of dentists chatting with exhilaration over inventing a cutting-edge technology to finally extend the lifespan of molars while the rest of the World excuse themselves to a topic of fresh mint flavored bubble tea.

I often wondered why so. Sure, money is deemed to be a taboo. Money is the root of all evil right? Yet we cannot live without it.

I would go as far as to say money is like oxygen. We cannot live without it. Pretty obviously, oxygen molecules are ranked far higher in human societies as a topic compared to money. Maybe we don’t really talk about it?

Back to money. Our society is lubricated via the use of money. It is the medium of which we transact to purchase the goods and services of our desire. It also stores our financial energy for future expenditure when we need it during our retirement.

And I find that people who think about money all the time aren’t always obsessed with money per se. They are concerned with, worried about, paranoid over meeting their needs today, their needs in the future, through the acquisition of money.

Money in itself is an expression of utility.

We want to have a better standard of living, quality of living. We all do. We can achieve that when we have enough money to achieve what we want. The way to get there is to earn, build great businesses, and flourish financially. Investments matter too.

So the people who think a lot about achieving their dreams tend to talk about money. Some of them are obvious, a few are subtle. But they think the same way.

How can we earn more per working hour? How can I get a 4% investment yield instead of 3% if I invest $1,000.00 in the stock market?

And very naturally, the more they think about it — Nothing bad, in my opinion — the more likely they are going to speak about it.

I do that too. In fact, I do that very often. I want to talk more to people who are better than I am in business and investment finance. This is like learning how to get better writing in Medium.

The growth we seek runs in parallel. We got to think about it, talk about it, learn from each other, and get better in our life journey.

I honestly do not hate those who love to talk about money. To me, they are being open about the topic and they understand what it means to be financially literate. They aren’t a source of embarrassment for the Human Race. I view them as a source of inspiration.

Hey, Albert Einstein talks about General Relativity to everyone around him too. Almost none understood him except Max Plank (fellow physicist). It didn’t stop Albert Einstein from sharing his thoughts with others with enthusiasm.

Luckily for me, the topic of money is so much easier compared to General Relativity. Oh, wait for a second, maybe Albert Einstein thinks the same too.

That said — That is one small group of folks whom I don’t appreciate when it comes to money conversations. Some always can’t wait to flaunt their wealth and berate others for being poor.

I always laugh loudly when I meet such people.

Because deep down I understand one thing. When people get complacent, they are on a path of natural decline. There is no need to be upset because they put us down.

In fact, we have to be glad.

There is now one more idiot and one less competitor for the acquisition of financial resources.

I genuinely think so. Do you?

Money is not evil, don’t hate it.

Aldric

Related Stories from the Author.

About the Author:

As a content contributor, I write my observations from daily life and my business exposure.

Because our life experience is the bedrock of our unique perspectives.

As a Consultant by training, I believe in making the complex simple.

Because simplicity adds value.

And with clarity — We grow.

Follow me for my stories on Medium!

This is more “About Me”.

Do reach out and say hi on Linkedin!

Self Improvement
Reflections
Life Lessons
Communication
Business
Recommended from ReadMedium