In our system, money takes on a different role than in traditional economies. Your essential needs, like housing, healthcare, and basic groceries, are covered by the government, ensuring that no one has to worry about survival costs. However, money still plays a crucial role in allowing people to enjoy life beyond the basics. This is where the concept of “wants” comes in.
Money is used for discretionary spending—things like vacations, entertainment, or upgrading your lifestyle. You might have everything you need for a comfortable life, but if you want to explore the world, attend special events, or treat yourself to luxuries, that’s where money comes in. For example, while your basic grocery needs might be taken care of, choosing higher-end ingredients or specialty items could require some extra spending.
Think of money as a tool that allows you to enrich your life rather than something that dictates your ability to survive. It’s there for the things that make life more enjoyable. This shift from “making ends meet” to a focus on “enhancing life” removes much of the financial stress found in other systems. Instead of being forced to work just to cover the basics, you have the freedom to spend money on what matters to you, whether that’s travel, personal hobbies, or experiences with friends and family.
The key to making the most of this system is to manage your money wisely. When your essentials are covered, it opens up opportunities to invest in the things that bring you joy or long-term value. Smart spending ensures that you can enjoy the best of both worlds—peace of mind knowing your needs are met and the freedom to pursue your desires. It’s a balance between ensuring your comfort and enhancing your quality of life.