![]() So for all you money hungry folks out there, just know that it’s OK to love money! And for all of you who are hating on folks who love money, stop it already. The idealistic summer MBA intern who wanted to change the world at a startup went to work at a private equity shop because they offered her hundreds of thousands more a year to start. We already know that it is impossible to escape the allure of money. Be honest! Those who provide the most honest answers usually get past the first gauntlet of interviews. Shower in it. Throw $100 paper planes off your balcony just because you can. HUH?! Just say you LOVE MONEY! You want to bathe in it. Instead, candidates respond with contrived answers such as, “ I’d like to work on landmark deals that can create new synergies in the marketplace.” Or, “ The markets are inefficient, and I believe I can help provide transparency to our clients.“ The obvious answer is, “ I want to make lots of money!” But, no candidate ever has the guts to admit it. The most absurd question people in the investment banking industry like to ask prospective undergrad and MBA hires is, “ Why do you want to work in investment banking?“ The love of money is something I’d like to discuss in this post because I finally read a comment from a reader who admits that he loves money! We Know Everybody Wants More Money You might even subscribe to a personal finance blog. You’ll do a lot more research on how wealthy people got rich, what to invest in the stock market, how to get a raise, and all sorts of money attracting stuff. If you love money, you will probably be better at accumulating more money.Get things in writing, make things clear, explain your situation, and go from there. Folks who let their emotions get the best of them in business usually lose. ![]() Stand your ground, while listening to the other side’s point of view. In any business transaction, question everything.You can simply increase the amount of DIY projects, like cleaning, to earn more money by saving money. Now there are zero excuse for folks who are unwilling to moonlight, start a side business, or create a product to generate passive income. DIY can be seen as a side-hustle to make more money.But as a personal finance writer, these are exactly the topics that make for robust discussion. ![]() We all have our own desires, skills, and values. It’s therefore unwise to speak out against how people should spend their money. The more people feel guilty about spending money on services they know they can easily do themselves, the more pissed off they will be if you say something.I’ve found some great takeaways from the post, “ The Unfair Competitive Advantage Of The Wealthy: The Frugal Gene,” such as: Despite my failed attempt to ascertain whether some people are just born with a frugal gene and thereby able to amass much greater wealth than the average person, that’s OK! It can actually help set you free, which I’ll discuss below. ![]() Do you love money or wonder why some people do? Loving money is not a bad thing. ![]()
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