Under-acknowledged truth about our modern world: the universal necessity of money

Continuing from my previous article, ‘Money Can’t Buy Happiness — is an Absurd Statement’, I now highlight the universal necessity of financial resources (money again!) in facilitating a good life, not just for humans but for all living beings and the environment.

In today’s world, the concept of a ‘good life’ — for humans, animals, and the environment — is inextricably tied to financial resources. It is a reality that can’t be ignored or downplayed.

For humans, the necessity of money is pretty clear. It provides the means for basic survival — food, shelter, healthcare, and education — and extends to offering opportunities for enjoyment, personal growth, and fulfilment. But this necessity extends far beyond just human needs.

Money plays a pivotal role in enabling individuals to pursue their dreams, access education, and actively participate in the cultural and social fabric of society.

Look at wildlife and nature conservation. The harsh truth is that these efforts are heavily dependent on funding. Protecting endangered species, maintaining national parks, conducting research to understand ecosystems, and even combating climate change — all require substantial financial investment (money!).

Similarly, charities and non-profit organisations, dedicated to countless noble causes, from animal welfare to environmental protection, operate largely on donations and grants. Their ability to make a difference, to save lives, and to improve conditions in various sectors is directly proportional to their financial resources.

This broad dependence on money showcases a significant aspect of our modern society: money is not just a medium of exchange for goods and services. It’s a critical enabler of welfare and well-being, a tool that can be used to provide for and protect life in its many forms.

In a world interwoven with economic systems, the availability of financial resources (money!) is central to sustaining life and cultivate a healthier, more balanced ecosystem.- Arvind Krishnan

So, when I talk about the importance of money in leading a good life, I am not just referring to human luxury or comfort. I am talking about the very essence of survival and quality of life for all beings on this planet.

This doesn’t diminish the value of non-material aspects of life. Instead, it highlights a practical and unavoidable truth: in our current global structure, financial resources are vital to creating and maintaining a world where every living being has the opportunity to thrive.

We should understand that when people are financially comfortable, they are more inclined to support causes that extend beyond their immediate needs. This includes wildlife and environmental conservation, charitable endeavours, and community upliftment. Financial literacy and stability give individuals the freedom and capacity to invest in initiatives that protect and nurture all forms of life.

The Ripple Effect of Financial Well-being and the role of wealth management and financial services.

By equipping individuals with the knowledge and tools to manage and grow their finances effectively, we should aim to cultivate a community of informed, capable, and compassionate individuals. These individuals are then positioned to extend their influence and resources towards causes that matter. Whether it’s donating to protect the planet’s biodiversity, supporting sustainable practices, or contributing to non-profits, the ripple effect of financial well-being reaches far and wide.

Why did I start the journey of founding ThinkingWealth

The journey of ThinkingWealth is more than a financial venture; it’s a step towards a world where financial literacy and comfort are leveraged for the greater good of all beings and the planet. We envision a future where our efforts in cultivating financial empowerment goes beyond individual gains and contribute to a harmonious, thriving global ecosystem. This is the vision that drives ThinkingWealth forward, towards a future where financial resources become a powerful tool for positive change.

The three pillars of ThinkingWealth —

ConscienceWealth — Wealth with a conscience, growth with a purpose

echoes — Amplifying financial wisdom

the Investment app — the power of possibilities in wealth building

By equipping people with financial literacy and comfort, we’re not just helping them secure their futures; we’re contributing to a world where every living being has the opportunity to thrive.

While we recognise that non-material aspects of life hold immense value, we also acknowledge the profound role of money. It’s a tool that can enhance human lives, safeguard our environment, and support the organisations that champion noble causes. Through ThinkingWealth, we aim to bridge the financial literacy and empowerment gap and contribute to a world where financial empowerment becomes a means to a greater good — a world where individuals are not only financially secure but also agents of positive change for all living beings and our planet.

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