Money is the Root of All Evil

moneySay something often enough and people start to believe it – even if it’s wrong. A lot of commonly held beliefs about money fit that description. One such money myth is:

“Money is the root of all evil.”

If you’ve heard it once, you’ve heard it a thousand times.

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People who have money are evil
If you buy it, you have no choice but to look down on people who have money. After all, they must be evil, right?

They got their money by cheating people or walking all over people. They’re greedy.

People who want money are evil
It can also be used as an excuse for not having money (or for not trying to get more money). If you’re money motivated, you must be evil by definition.

In other words, it can be substituted for the real reason why someone doesn’t have money. They tell themselves that money is the root of all evil and, therefore, they don’t want money which is why they don’t have money.

But, in some cases, the real reason that they don’t have it is that they are just plain lazy. They lack the ambition necessary to go out and get it.

In other cases, they may give up too easily when the inevitable obstacles present themselves. They lack the persistence necessary to reach bigg success.

In either case, the biggest fool is the person who fools themselves. They fool themselves into thinking that money is not something you should seek. They tell themselves that money isn’t only unnecessary, it’s undesirable.

Because money makes you do bad things.

Money isn’t important

Now it is true that money isn’t important to some people. That’s fine. Bigg success is life on your own terms. For some people, that means living simply or frugally to lessen the need for money.

And that’s a strategy for reaching bigg success. But it’s not judgmental (or at least doesn’t have to be). They can live their lives the way they want without expecting others to do the same.

It’s a moral judgment

On the other hand, thinking that money is the root of all evil and looking down on people – who have it or seek it – is judgmental. We’ve also been hurling some judgments so far so we’ll move on.

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The real problem
Everything we’ve said above doesn’t even begin to debunk this myth like what we’re about to say.

“Money is the root of all evil” comes from a verse in the Bible. The problem is that it misquotes the verse. It leaves out the critical first part. The full quote is:

The love of money is the root of all evil.”

Bigg success is life on your own terms. Terms are important. When you compare the full quote to the truncated version, that one little term, love, makes a bigg difference.

Money itself isn’t the root of all evil. However, our attitude about money can be the root of all evil.

Money is just a resource
There is certainly more to life than just money. In fact, it’s only one of the five elements of bigg success. Within the five elements, time and money are our two resources.

So that’s all that money is: a resource. A resource that’s neutral. It can be used for good or for evil.
 

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Mary-Lynn FosterAs Bigg Success becomes a bigg success, we plan to donate a significant portion of our profit to causes that relate to our core mission here – to educate and inspire entrepreneurs and the organizations that serve them.

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George KruegerWe settled on this toward the end of last year as we were planning for the year ahead and reviewing our overall business plan. We can’t claim this was an original idea – it came from a book of my dad’s that I read a long time ago called God Owns My Business.

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It’s about an entrepreneur named Stanley Tam. His Christian values are definitely prevalent throughout the book. So if that offends you, don’t read it.

What we found interesting was that he set up a foundation to which he sold all the stock in his corporation. Then all of his company’s profits went to the foundation. The foundation gave money to worthy causes. 

You make money. Then money is what you make it. It’s life on your own terms. That’s bigg success!

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00571-040510.mp3

(Image in today's post by xenxen)

4 replies
  1. Amy LeForge
    Amy LeForge says:

    Oh, I’m so glad you explained the true wording of the verse! It makes such a difference when you add in those two little words.

    And YAY for your plans. You two are so terrific. I’ve loved you guys ever since we met at SOBCon two years ago. Looking forward to seeing you again this year!

    Reply
  2. Alan
    Alan says:

    Great post! I arrived here through a post on FB from a good friend, Becky Joubert. Stanly Tam! What a guy, and what an example to all of us who care to see.

    This is my first exposure to BIG Success, but I suspect not the last! It’s centered on the only source that matters.

    Reply

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