Money is power

A couple of week’s ago, my friend K. hosted a housewarming at the new home she’d bought with her partner – and father of her lovely one-year-old. I recalled the discussion we’d had about how money is power back in 2018, which I’ve reposted below. For her part, K. regrets nothing, though she does miss being able to drop everything for a cheap flight. Which is great – but I’d add they weren’t able to buy a house in the areas they first targeted, and there wasn’t much in it. As in so many aspects of personal finance, I think we’re both right… The look on my friend’s face was one you might deploy if you were presented with a charge for service at a McDonalds. Total incredulity. “So let me get this straight – you’re putting a money value on your memories?” “Well I wouldn’t state it so precisely,” I said. “But basically… yes.” “Wow! That’s so sad! Experiences are worth more than money.” “I agree,” I admitted. That puzzled look again. “But you’re experiencing something every moment of the…