(noun, etymology Dutch from ‘boedel’: estate, possession, inheritance, stock.). 1. Crowd, pack, lot, as in ‘the whole boodle.’ 2. a. Counterfeit money b. Money acquired or spent illegally or improperly, particularly when used in bribery for political purposes. 3. Slang for money in general.

What is money?

Posted on: Nov. 11, 2009  |  By: Ronnie Kahn  |  Category: General

Money has long been a source of confusion for many of us, and never more so than in recent times. Why? Money is slippery. Whatever you think money is, it isn’t.

Let me show you what I mean. Set a timer for 3 minutes. Now brainstorm a list that begins “Money is__________.” You can vary the format or sentence structure, or avoid sentences altogether if you want, just write down everything that comes to mind about money, whether or not you think you believe it. There are no “right answers.” If you find yourself writing, “Money is ravioli,” that’s a-okay. Even when you think you’re done, stay on the clock anyway and keep writing something, anything until your time is up. Don’t censor.

What’s the point of all of this? I guess that, while I don’t believe we can make our money lives whatever we want them to be by visualizing abundance or chanting mantras—governments and corporations need to meet us at least half way!—I do think that in order to get out of the boxes we’ve put ourselves in when it comes to money, we need to loosen up and embrace the absurdity of the stuff that has us all tied into knots. Then we can get down to the serious business of finding solutions to economic problems. What do you think?

One Comment

  • What is money? It’s energy in tangible form, pure and simple. It’s the energy we generate with our brain or our brawn. It’s one of the only universally accepted mediums of exchange of that energy. We work and expend energy, and we receive monetary compensation (money) for that energy. We exchange that money for goods and services which are the result of the energy expended by others.

    What’s an equally important issue is the one posed by Deborah Price in her book, “Money Magic: Unleashing Your True Potential for Prosperity and Fulfillment”, why do we feel out of balance when it comes to our money lives?

    In three short paragraphs under the heading “Some Essential Truths about Money”, she poses some interesting questions and impactful statements. Here is the first paragraph:

    “How did money become so powerful when, in fact, it consists of pieces of paper that only have value to the extent that we believe they do? We have not understood that money, quite literally, is worth nothing without our belief it it. We created it. We gave it value. We made it powerful. And then, as the money game grew, these pieces of paper became our greatest resource, a resource so valuable that many people unconsciously worship money above all else. Now, our greatest misfortune is that without money we feel that we are nothing.”

    She ends the third paragraph with “And to the extent that we maintain the illusion of money as our safety net, we will be prisoners of our own making. Money will own us if we let it.”

    What is of great concern is our attachment to this energy we call money. It can consume us…or it can set us free.
    We at the Money Coaching Institute provide money coaching and workshops to individuals, couples and businesses. We also offer training and certification programs for those who wish to become a Money Coach.

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