Dear Destiny Friends,

It’s an unassailable fact that money is good. I mean how else can one say it.  According to the book of life, in Ecclesiastes 10:19, “Money answereth all things”. The only problem money can’t solve is death. Though in some instances, money can be used to postpone death. The message here is that money can be used to solve almost all of life’s problems, if not all. Money is not only good, but also sweet. A friend once jokingly told me that money is sweeter than a woman.

But as sweet as money is, it has two sides, just like the knife. The use depends on what one wants to achieve with it, and in whose hands the money is. That determines if it will function for its advantages or disadvantages.

One however, would ask what the disadvantages of money are. As interesting as the question might be, the answer is found in using it for negative purposes such as for oppression or ungodly acts or purposes detrimental to the upliftment of mankind. When the money is used to support worthy causes that uplift humanity, its advantages are immediately established.

One of the many things my late dad, Chief Lazarus Ukazu, told me includes the fact that two things that can separate brothers or friends are money or women. And according to a school of thought, if you want to know someone, give him money or power. They will try to influence or control him, but if he’s able to control both then he can be judged to be a man of integrity. This is in league with another school of thought, which states that there are four people one cannot advise; a rich man, a woman in love, a religious bigot and a member of a political party.

The interesting thing about money is that it has a spirit. If one is not careful, they might become a victim. Let me share a practical example. When one has money, he is supposed to control money and not allow the money to control him. It’s sad to know that some people are slaves to money. When money controls you, you are a slave to money, but when you control money, money is your slave. Your money is supposed to work for you, and not you working for money.

Acquiring money is good because it can be used to enjoy the good things of life like good accommodation, good cars, good food, good education, good health system and more. We basically enjoy the good things of life. That’s why a lot of people strive to make money through any means even if it involves negative avenues, and this urge has led many people to engage in nefarious activities.

Let’s talk about the importance and value of money.

Money is a form of inspiration: If you have travelled to different Countries, Cities, States, and Continents you’ll understand the importance of money. I have been inspired by visiting friends because I see the value money accords them. I have also been inspired by seeing great people and the respect they have been accorded due to the associated impact their products and services have been used to solve problems in the world which in turn brought large sums of money. This singular act inspired me to become successful because when I do, I will  help the needy in addition to promoting worthy causes.

Money provides security: When you have money, you won’t be bothered too much about the challenges of life. According to an Igbo adage from the Eastern part of Nigeria, it is said that “a hunger that is backed with hope can’t kill anyone”. What it really means is that, when a person is hungry and he knows that he has food, he won’t be bothered too much because he knows when he gets home, he will have good to eat.

Now contrast that to when he’s hungry and he knows that if he gets home, he won’t have food to eat. That level of pain is different. That’s why I said, money provides security because there is a certain level of respect that one will be accorded.

Money has value: There’s no doubt money and value are relative. It all depends on what one is looking at. It’s sad to see uninformed minds respect someone because of the money they have in their bank account. This shouldn’t be the right approach to life. Everyone ought to be respected irrespective of the money in their bank account.

In politics, two things are required for one to be accorded a decent amount of respect and recognition. It’s either you have money or have electoral value. Let me explain a little, in politics one of the greatest needs of politicians is money.

According to some schools of thought, money is the greatest need of any politician because it can be used to sway electorates especially as it relates to campaigns, however another school of thought are of the opinion having electoral value is more important because one may have money, but may not be a great candidate, the electorates might not be swayed especially the independents.

But if the candidate is good enough, the electorates can even contribute and campaign aggressively for him.

This act was seen during the 2023 Presidential election where H.E Peter Obi shocked Nigerians with the “Obidient Movement”. In less than nine months, he was able to upstage the political landmark of Nigeria electoral system, but unfortunately, he was rigged out of the system despite being alleged to have won the election.

Also, in 2008, President Obama shocked the world by winning the Presidential election against McCain. Again in 2012, he won a reelection against Mitt Ronney, who had more money than him.

The moral is that despite money having value, it was quite limited in what it can do.

However, despite the importance and value of money, money itself is limited. It’s not every problem money can solve. For instance, if one has a life-threatening sickness like stage four cancer, money can be limited in saving the life of the person.

Also, money cannot solve deeply personal, emotional issues. As a matter of fact, it can even create new problems if not handled well especially when one lacks empathy and emotional intelligence.

Emotional and mental well-being:  Money cannot cure loneliness, heal trauma, or erase emotional pain. While financial stability can reduce stress, it does not guarantee genuine happiness, contentment, or a sense of purpose. Money can buy bed, but it can’t buy sleep and peace of mind. It can buy a comedian to create jokes, but it can’t buy joy.

Genuine relationships. Money cannot buy true love, friendship, or deep intimacy, at most it can influence it.

Serious health issues. While wealth can provide access to top medical care, it cannot cure all diseases or prevent aging and death. Some of the wealthiest people still face serious illnesses.

Lack of character. Money does not buy good character, integrity, or wisdom. A person’s flaws, like greed or immorality, are not erased by wealth.

Loss of a loved one. The pain of losing a loved one cannot be fixed by any amount of money.

Satisfaction and purpose. For those who equate financial success with happiness, an abundance of money can lead to a state of dissatisfaction.

Some societal problems.

Broader social issues like discrimination, inequality, and systemic problems cannot be solved by an individual’s money alone, as they require collective and systemic solutions.

In conclusion, money is a crucial resource for solving problems related to safety, security and access. It provides stability and freedom that can significantly improve one’s quality of life, especially for those living in hardship. However, it is an inadequate tool for solving core human needs related to emotions, relationships, and finding meaning.

Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator.  He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design  and Unleash Your Destiny .  He can be reached via info@gloemi.com