You don’t own money, it’s just your turn with it.
The phrase “You don’t own money, it’s just your turn with it” is a perspective often used to highlight the transient nature of wealth. In essence, it suggests that money is not something you possess permanently but rather something you temporarily hold and use before passing it on to someone else through transactions, investments, or other means.
This perspective emphasizes the idea that money is constantly in circulation, flowing from one person to another and that individuals are merely temporary stewards of it during their lifetime. It underscores the importance of responsible management and utilization of financial resources, as well as the recognition that wealth can be fleeting.
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Nice work.
Probably true for all assets.
We have busted our chops paying a mortgage for 30 years so we can stay in our fabulous 1895 Victorian Italianate villa. But as great as it is, maintaining it is becoming too demanding and too expensive.
Facing having to sell it and downsize is a very painful reminder of our own mortality.
Worse is the thought that some developers will buy it and pull it down to make a pile of money putting four townhouses on the land.
This house is about a mile away from where I was born. And I’ve lived in the area for most of my life. When I walk our grimy urban streets I feel a powerful sense of belonging.
Which makes me reflect on the truth in what you are saying about being temporary custodians of stuff.
Indigenous Australians have apparently always held the belief that the land owns us. Not the other way around.
And like our ancestors, she will reclaim us in due course.
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I hope I get loads of “turns” with money 🙂 woohoo
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That’s a great thought!
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