Do you think the personal value of money decreases as you get older?
818378
As I understand your question, the "personal value of money," as you put it, depends less on the effect of inflation, and more on personal financial responsibility.  In your example, the seven year-old child will think solely in terms of what she wants for her own pleasure, without considering how her role will change as life goes on; so, if she is normal in such respects, a hundred dollars will buy many CDs, videos, etc., with nothing having to be set aside for her future as an adult, a wife, mother, breadwinner.  But when she reaches that point in life, the demands and responsibilities exist (remember, I'm speaking of normal circumstances), so that whatever the amount, it is not all for her, for the fun things that occupied her thought when she was a child.  I would also like to point out that if and when such a person has enough to meet her wants and needs, the excess amount she may possess will not help her finally reach a point of financial stability, but have less personal value because it is in excess of what she actually needs.  (For someone who, as an adult, is still deprived of what we think of as necessities, the situation is obviously different, and will remain so until the time - if it ever comes - when she has enough to meet her needs.)
1171213
I would say yes!\nIt sounds like you have the sensibility to value some things other than a steady job and secure finances.\nAlso, if you have the confidence to sell your art, then that is HUGE. \n\nWhen you look back at your life 10 years from now, you'll have done more than just sat in an office. You would have created a body of work that satisfies something in you. \nIt's priceless.\n\nPS - would love to see some of your work.
702879
Money alone does not make any one rich. The ability to be happy with yourself - to work or not work if you want, and to love your fellow man and be loved back are important here too. My mother gave me 18 million when she died and that is OK but I made a lot on stocks and sold my internet company at 42 and retired so now the accountant tells me I am worth about 130 million. I really don't feel rich as I am depressed two out of every 7 days. I do like shopping without restraint though.
809355
That all depends on the people involved and what their values are. My marriage has lasted a very happy ten years, and most of that time has been in the "low income" category. Having "lots of money" is often nice as it helps to alleviate a lot of life's stresses, but also usually brings stresses of it's own, and many marriages have fallen apart due to having "lots of money". Again, it all really boils down to the people in the marriage, and what they value.
561847
Growing old does bring with it some compromises, but it does not mean that it kills your idealism. \nIf you have a strong enough character you can just realize that those ideals may just take longer to achieve due to those compromises made.
614826
I'm 50.  does that help?
197059
Nope. I'm very average and lifes pretty good!!  Wouldn't trade it for a shorter life for anything.
443521
As a child you have no real worries unless you come from a broken home.  As a teen you can party and discover your sexuality.  In your 20s you have a lot more control over your life.  In your 30s you have even more control, you know more stuff, and generally you are getting to the point when you can afford the nicer things in life.  In your 40s you can afford some nice things in life, but you probably have a lot more responsibilities such as kids.  In your 50s your body is starting to wind down and you now look old.  In your 60s your career is coming to an end and you are starting the process of dying.  After that look forward to health issues and death.  So take your pick.  Personally I think 25-35 is the best age group.
1178904
From a legal aspect, there's two theories of thought when it comes to valuing a life.  The financial loss of an adult can easily be calculated by the amount of income they earn, and aggregate that until retirement age.  Children, however, are different.  The amount invested in the child, i.e. schooling, feeding, birthing, etc., are added up over the course of the child's age.  However, society will do whatever it takes to save a life if it's on a TV screen.
39730
Yes it is in deep trouble. They should allow younger workes to keep the money and put it in their own savings account with the stipulation it can not be touched until they are 65. This is a simple proposal and I do not see why anyone argues with it.
785998
False.  Inflation decreases your purchasing power.  And it also decreases the value of your debt.
771008
Im sure its worth something.  If you would keep it for a while then the value would go up after he retires.  The longer you keep it the more value it will have.
887053
No, I wouldn't. People have a habit of taking the easiest way to anything and it makes them weak. Sure, the money is nice today but over time you lose the ability to fend for yourself. You lose the ability to go out and earn your own way in this world. So waht happens when the government cuts the free funds?\n\nAlso, there is no such thing as free. It gets paid by somebody somewhere, always. If they are giving it to me they are taking it from somebody else. That's wrong.
287821
not much but you do add more as you get older
40236
Not really, but everything changes as it gets older.
648426
You should be more interested in the job than the money.  If it appears you are fixated with money that may take away from other personal values.
687535
No, it will now be 'pleasure BEFORE business' ! \nThe present day senior citizens will be spending a lot more, on rejuvenating themselves, and looking younger - as that is what all the advertisers are now conning them into !