What if Money Did Grow on Trees

We all know the saying “money doesn’t grow on trees”. The point of the old saying is to impress upon us that money is not easy come, but it sure is easy go. Because money isn’t just easily available without having to exchange something else for it: time, work, or some sort of product, we should always use it wisely.

But what if money did grow on trees? Would we all be equally well-off? Would we be able to end world problems, like hunger and poverty? Or would money become useless and cause more problems instead of solving them? Obviously we all love to imagine what life would be like with money growing on trees as several blogs exist based around that thought. Here are a few of my thoughts on what could possibly happen if money were to grow on trees.

The Best Scenario

If things turned out 100% for the best, money growing on trees would be able to help solve several world-wide problems. We would no longer have people living in poverty without access to clean water, enough food to eat, adequate shelter, good medical care, and lots of life’s pleasures and comfort items.

An unlimited supply of money growing on trees could put everyone in the world on an equal footing, thus eliminating the need for money in the first place. If money were to grow on trees in this scenario, it would essentially out-do itself and be rendered useless. When everyone in the world has an unlimited supply of money no one needs money anymore.

The Worst Scenario

If money growing on trees turned 100% to the worst possible outcome, people would become so greedy that they destroyed the world. The rich would be ticked off that everyone else is now on a level playing field with them and they would take their anger out on everyone and everything around them. The rest of the general public might go mad trying to do and buy everything they’ve always wanted but never had. People would become inherently evil and eventually the world would probably be destroyed as people with mega-mansions and 38 cars would kill off the plant life, which kills off the animals, and no one could survive without these food sources. The world would be a dark and dangerous place to live in up until it’s point of destruction.

The Middle-ing Scenario

With money being able to be grown on trees now, the scenario in between utopia and world destruction is that people would be able to choose to cultivate their money tree and benefit from it or not. This means that people who work hard and deserve to have success would mostly likely have it. They would be willing to learn about how to grow and care for their money tree and then they would do it. People with no work ethic would not cultivate their money trees, resulting in the death of their trees or at the very least decreased money production. All would be right with the world.

It’s kind of fun to think about what could happen if money grew on trees, but until it happens I’ll just have to keep on hustlin’!

What do you think could happen if money were to grow on trees?

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Financial Implications of Working Outside the Home

We all know there are pros and cons of working outside the home when compared to working from home or being self-employed. Things that often come to mind are issues with flexibility of your work schedule, and creating a work-life balance.

Ever since I started freelancing online, I’ve had a goal of quitting my full-time “corporate” job to work for myself as a self-employed writer (among other diverse income streams of course!). So to say the least, I’ve spent a lot of time thinking about the financial implications associated with self-employment vs working outside the home.

How does working outside the home affect your finances? I’m glad you asked.

Spending More

-Clothing. I know that as an office working I’m spending more on clothing than I would if I were self-employed. As long as I continue to work in an office that required business casual dress, I will have to make sure I have appropriate clothing, including things like: slacks, dress shirts, jackets, nice jeans for Fridays, a nice coat, appropriate footwear, etc. Plus, I have to maintain those things that I already own which can include special laundering instructions (dry clean only, yeah right!) and ironing/pressing for things that wrinkle. My imagined self-employment uniform of yoga pants and a t-shirt will always be the more frugal option.

-Commuting. Driving to reach my job’s location is obviously more expensive than the “commute” from my bedroom to  home office, even if I take a detour by the coffee pot in the morning. By working in an office, I am spending more on gasoline, car maintenance and other fees, and time wasted. I’m lucky, my “commute” to my office job is currently about 5-7 minutes, but that’s still time and resources saved if I only have to walk 5-7 steps instead.

-Food? I do go home for lunch most days since I live only about 5-7 minutes from my office. This allows me to be home to let my dogs out for a potty break and to have leftovers for lunch. Every once in a while I do fall victim to eating lunch out at a restaurant or fast food joint, which we all know is more expensive than eating leftovers. If I worked from home due to self-employment I could easily eat at home every day and not even be resigned to eating only leftovers or a cold sandwich.

Spending Less

- Heating and Energy. Because I work in an office instead of at home, I program my thermostat to be at a lower temperature when I’m not a home (vice-versa in the summer). This saves me quite a bit of money on my monthly energy bills. Plus, since I work at an office, I’m not at home using the electricity to power lights and my computer all day every day.

-Food? Yes, this category made both lists. I spend more on lunch by working in an office because I do get tempted to eat out now and then, but I’m sure I’d spend more on snacky foods if I worked from home. My current employer provides a few snack foods and drinks in the break room. I try not to snack all the time, but I’m sure if I worked from home I’d be more tempted to snack throughout the day since the kitchen is right around the corner from my home office.

How other financial implications can you think of from working outside the home? (Childcare is a biggie, but I don’t have to worry about that one right now.)

 

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