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Why Do You Want More Money?


There are a lot of people in the world who say they want more money. Are you one of them? I have been, but there are times when I ask myself what more money actually means to me – why do I think having more money is important? Have you ever asked yourself why you want more money?

Maybe you want more money so that you can quit your day job. Maybe you want more money so you can pay off debt, maybe you want more money so you can have a bigger house or a fancier car or more expensive vacations. Maybe you just use money collection as a score card – thinking that if your net worth is big, your self worth must be as well.

Whatever your reason is for wanting more money, I’ll bet there are more fundamental motivations involved.

To really be successful in pursuing monetary gain – a life with lots of money – you need to understand those underlying motivations. Pursuing money just for the sake of getting more money is a pursuit doomed to failure. You will encounter difficulties, you will get bored, you will burn out, you will hate your life, you will lose interest, you will wonder why the heck you care about getting more money – unless you understand those fundamental concerns.

Dig deep to find your money motivation.

Let’s say you are mired in debt – student debt of say $15K and credit card debt of around $20K. You’ve got a car loan and a house loan and you’ve just lost your only source of income. Creditors are starting to call. You lay awake at night, sleepless with worry over what your family will do, what your parents think, how you will put food on the table for your kids and where you will live if you lose the house.

If I asked you if you wanted more money, I believe you would say YES, YES, YES. Used wisely, more money would reduce your debt. But really, it isn’t the debt reduction which is important to you. What might be the foundational experiences you want? Could it be that you want to be in control? If you had more money, you could control whether or not you keep your house. Could it be that you want tranquility? With more money, you could pay down your loan and get rid of the creditor calls disturbing your peace. At this point, you could ask yourself what besides more money could help you be in control and find tranquility.

Let’s say you are debt free, own your home outright, have millions invested and in cash and have just retired. If I asked if you wanted more money, I believe you might still say YES! Maybe you still worry about outliving your money or perhaps more money would allow you to take extravagant vacations. But really, it isn’t the luxury vacation which is important to you. Maybe your underlying dream is to experience new things before you die. If you had more money you could be assured of enough to last a lifetime and still LIVE during the life you have left. At this point you could ask yourself what else you could do (besides getting more money) to find the security and new experiences you seek.

Ask your self question after question, digging deeper into your dream for your life to see why YOU want more money.

There is no doubt that having access to sufficient funds allows you more options in life. BUT, if you can figure what options you need to live life on your terms, getting the funds will be much easier. You will have defined the life you want, the dream you have and can move forward from there to get the funding needed to pursue it. Money isn’t the end goal. Living your life on your terms is.

Do you want more money? Why (no really…..why)?

Battle of the Mind Money


My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. I want more money because to me it’s becoming an art form. Plain and simple.

    • Jai,
      I’m not sure of your meaning. Are you saying that you like getting more money just to pursue the act of getting more money?

  2. Opening options for yourself seems to be an important factor, as staying debt-free will allow more time for considering other possibilities.

  3. Mm, a thought provoking article. I think the best motivation to make money would be to help a close person to pay a medical bill or help them in a tough situation. Hopefully that would be the best driving factor.

  4. marvy question! We recently discovered we don’t want more money, we want less debt! 2 loans down, 2 to go;) Have a funky crazy weekend!

  5. When I was younger, I never dreamed of wanting more money. What I want is just enough for me to pay for my education and have a little extra for myself. But when I started to have my own family, I wanted to have more money than I used to want. I never dreamed to be a multi-millionaire. I just want to have a little more than enough for my kid’s future and for a little leisure with them as well.

    • When you have a family, having a financial backing can provide peace of mind and security. To me, that is what is most important.

  6. I think you hit it right on the nail. Most if us want control/choices.

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