Does Having Money Make Some Decisions Easier?

[Opiate32]

I started thinking about this  after noticing something that does not get discussed much when people talk about money. Sometimes having little money can actually make certain things more expensive. For example someone with enough funds can buy something in bulk when the price is better and someone who is low in funds may have to keep buying smaller quantities at a higher cost.
Someone with savings can take there time looking for a better job while someone who needs money immediately may have to accept the first opportunity available even if the pay is poor or the conditions are bad. Even with emergency having some money available can allow you to fix a small problem before it becomes a bigger and expensive one.
So maybe money does not only buy things, maybe money only buys flexibility and that flexibility can sometimes allow someone to make easier decisions.

This is where I find the idea interesting. We often tell people to make better financial decisions but how much of that decision making actually depends on having financial freedom in the first place?
Does having money give people an advantage beyond the money itself because they have more options available for them?
And if that is true, could one of the hidden cost of being poor be that you have fewer opportunities to choose the easier option?

I’m curious how other see this. Is financial flexibility itself a form of wealth?

[_act_]

If you are able to make money and save and able to buy things that you want, just like buying in bulk so that you will buy cheaper, that is financial flexibility but it is more than that. What it means in simple word is just wealth, but in a way average people can have it so far they spend wisely, save money and thing about the future. Financial stability is a form of wealth.

[Wiwo]

Rich people with money, buy things way cheaper, because of their choice of market and availability of resources that place them on a special customer class.

Poor with limited resources, are forced to buy thing more expensive due to their limited buying power and unavailability of good markets, which come from they lack of funds, most times they buy goods at blackmarket rate.

Money is important to your buying power, since buying in bulk gives you access to wholesale prices, infact the rich have more access to credit buying since they are creditworthy to their sellers.

[Die_empty]

I’m curious how other see this. Is financial flexibility itself a form of wealth?

The financial status of people affects almost every decision they make. Those with enough financial backing would always consider several factors before choosing a profession. They consider the pay, risk, location, schedule, etc. before making decisions. They can even afford to pay for training that will help them secure their dream job. Meanwhile, those who need immediate jobs to survive don't care about these factors because they desperately need money.

Poor people cannot take risks because of fear of losing their immediate source of income. They are exploited in their workplace and would have to endure it. A typical example is how immigrants are treated in their host countries. They have few opportunities because of poverty. There is a place in the Bible that says money is a defense and I think its true.

[Finebone]

With money everything is answerable, as the holy Bible says.
Having money truly makes some decisions easier because you will go for what you want, and even if what you want is too expensive, you wouldn't care because you have what it takes to finance it and make it happen, because our decision making is always influenced by how much we have in our account.

Most people that want to do this or that project sometimes changes their initial plan because their financial capacity can't afford such project, so they rather go for an inferior one, but if they have what it takes to get it done financially, they wouldn't even care of the cost because their main concern is to get it done, that's why when you have money, things will be easier, including your choices and decisions.

[viljy]

Well, that’s obvious. Money buys not only things, but also opportunities, provides life choices, buys health, beauty, and so on. Since under capitalism almost everything has been turned into a commodity, it follows that you can buy almost anything with money. That is what financial freedom is.

[m2017]

I started thinking about this  after noticing something that does not get discussed much when people talk about money. Sometimes having little money can actually make certain things more expensive. For example someone with enough funds can buy something in bulk when the price is better and someone who is low in funds may have to keep buying smaller quantities at a higher cost.

Having available funds makes it possible to secure more favorable deal terms. That is true.

Someone with savings can take there time looking for a better job while someone who needs money immediately may have to accept the first opportunity available even if the pay is poor or the conditions are bad.

A person who lacks financial freedom becomes a "slave" to current circumstances and is forced to "pay" more (by foregoing potential profits, wages, or better terms).

Even with emergency having some money available can allow you to fix a small problem before it becomes a bigger and expensive one.

That is why you should always have some money set aside for a "rainy days".

So maybe money does not only buy things, maybe money only buys flexibility and that flexibility can sometimes allow someone to make easier decisions.

Of course, it is not merely a means of purchasing goods (or services), but an instrument of "freedom". Not just financial freedom, but freedom in the broadest sense - for with sufficient funds, you are not constrained in your actions as you would be by a lack of money. You can go wherever and whenever you please and do whatever you wish or implement the projects you wish - that is precisely what freedom is.

This is where I find the idea interesting. We often tell people to make better financial decisions but how much of that decision making actually depends on having financial freedom in the first place?

The more money one has, the greater the freedom of action. A person with no money to spare and someone with a financial reserve possess vastly different levels of freedom.

Does having money give people an advantage beyond the money itself because they have more options available for them?

Of course, they provide an advantage, for money is also a tool of "opportunity". (New) opportunities - for instance, to carry out projects (creative, charitable, business, etc.), that would have been impossible without money. In other words, money can provide, for instance, creative freedom in realizing one's abilities and ambitions.

And if that is true, could one of the hidden cost of being poor be that you have fewer opportunities to choose the easier option?

In a sense, yes. You could consider it an additional negative effect that compounds the poverty.

The miser pays twice, the fool three times, and the poor - always (to paraphrase folk wisdom ).

I’m curious how other see this. Is financial flexibility itself a form of wealth?

You certainly can, and I agree with you, for this financial flexibility allows you to preserve your wealth (by spending less than you otherwise would have). The essence of wealth lies not only in acquiring it but also in not losing it - in preserving it.

[Stepstowealth]

This is where I find the idea interesting. We often tell people to make better financial decisions but how much of that decision making actually depends on having financial freedom in the first place?

You're very correct in your thinking because having a lot of money at your disposal make decision making easier as you do not have to evaluate your post and make calculations each time you are trying to make purchase in the market and making sure not to overspend and leave a deficit on other needs that you will require but people who have a lot of finance and do not require a budget make decisions faster and do not really have to overthink on some kind of expenses because it is within their financial capacity to do so and one major example is what you've mentioned already which is buying in bulk which is cheaper but not affordable for everyone especially those in the low income bracket who although may like to purchase items in this manner will not be able to do so because they cannot afford to. To those people, it is constant calculations and a battle of decisions to make each time.

[AmaGold70]

Money can actually make someone to make an informed decision, and act accordingly, but when one is handicapped financially you can easily accept any offer to ensure you gain some financial relief. In the aspect of seeking for a job opportunity, when you have good amount of money in your savings account, you become very selective on the kind of job you want to do or you can even decide to open your own business instead of doing a low salary job. More also, those who don't have enough money spend more money in any economic system, while those who purchase their goods in wholesale price have discounts from the items they buy.

[jcojci]

Of course, having money gives people advantage how they will use it. They can manage money and buy the basic needs without a problem and use it for other reasons. They should be wise taking decision but the reality is not many people can use money wisely but they tend to spends money for the unnecessary things. Money is flexible, a tool to survive so you should know how to manage and not just waste it. It is no problem if you don't have much money but you know how to manage it, that will not makes you shortage.

[Ruttoshi]

Of course, having money makes you decisions easier and make them come true compared to a poor man who can make easy decisions but have few options and little money to execute his plans.

Just like you said, the rich buys cheaper because they buy in bulk but the poor who can barely afford one meal will buy expensive. This is why you see that the rich get richer because they're financially flexible than the poor.

[New Judgement]

Sometimes the rich buy in bulks because they have more mouth to feed, and they also have storage facilities to store those items they bought. Some people buy things in parts because they live alone, and they can just get the little they need for their consumption. If they buy in bulks it will get spoilt. If it spoils they have lost big time more than how they would have lost if price increased in the market. There are many factors that constitute why consumers behaves differently when buying items they need. Money is not always the only factor to consider.

[batang_bitcoin]

So maybe money does not only buy things, maybe money only buys flexibility and that flexibility can sometimes allow someone to make easier decisions.

Then, that's not only but it can do everything because flexibility gives us more time and choices of what we like to do. And when we're allowed to decisions of our own, that means that you're free and thanks to money. It buys you freedom, and not 'only' flexibility.

I’m curious how other see this. Is financial flexibility itself a form of wealth?

100%.
When you're financially flexible, you're wealthy. You don't have to think of bills because they're going to get paid for and other expenses. And that's the kind of wealth that we should aim, we're not financially stressed.

[348Judah]

Money is a thing of influence, and we need it to be able to make some things work for us and other people around us and for us, so appreciate every moment of having money with us, because there are times we could also be without money. The earlier the better that we understand the principle of money and work out to secure the future with the little we have today, because money comes in seasons.

[Shadiq]

I’m curious how other see this. Is financial flexibility itself a form of wealth?

There is definitely a difference between retail buyers and wholesale buyers, it also has a special value in the market. Wholesale buyers have special needs than retail buyers in the market, which is why market sellers also give them special benefits.
The biggest advantage of money is that it makes you valuable, which is why you have multiple options. In any case, money can help you make decisions easily.

In the field of health, money provides the most benefits. If you take treatment at the right time, small diseases can be solved with little money, while the rich take that treatment, the poor ignore it for a little money, as a result, big problems arise later. For example, a tragic disease like cancer, if you take cancer treatment at the beginning, it can be easily solved. But since the poor do not have that option, they most of the time have to die of cancer. But the rich rarely die of cancer, because they can take the right steps at the right time. Even if you have money, you definitely need knowledge to use money in the right way, only then will you get the maximum benefit from money.

There are other areas where the wealthy have special advantages or options in decision-making. You can see that advantage in club football. Where the poor have very few options or are the most cheated. Money plays a significant role in government benefits, the benefits are most often in favor of those with money.

[snowpega]

No one is poor by their own choice, but their way of thinking makes them poor people.
You will always notice one thing in a poor person: he is always afraid of taking risks, which is why he stays poor his whole life. There is no doubt they also have a good idea of becoming financially free, but they are afraid of taking risks and executing their plans. Always remember one thing: until you execute your plans, your plan will always stay a plan, which makes you an afraid and uncompleted perosn to become a successful person in life.

So, taking risks is a great thing, not bad at all. And remember always, whenever you are going to execute any plan, always follow the best risk management strategies so that you can reduce the risk on you taken steps. And yes, it is obvious that when you become financially free, taking any decision becomes easy to take in major cases. This is my point of view on this.

[Salahmu]

Sometimes having little money can actually make certain things more expensive. For example someone with enough funds can buy something in bulk when the price is better and someone who is low in funds may have to keep buying smaller quantities at a higher cost.

Does having money give people an advantage beyond the money itself because they have more options available for them?
And if that is true, could one of the hidden cost of being poor be that you have fewer opportunities to choose the easier option?

From all you have explained you have already seen how easy a decision or something could be achieve when there is money. Of course when you have money the advantage to become richer than how you are is already there because you will not have a financial limitation to the capacity of business you would want to do, so actually if you understand the business you will definitely multiply your wealth. So this is always what the rich have that poor people do not always have because while the poor people is ready to accept any opportunity they see but the privileged that surrounds the rich already gave them the chance to scrutinized opportunities first and accept or decline if it wouldn't give them what they want.

[Marvelockg]

Life becomes way easier when you have the financial means to run it and most of the decision you are struggling with will become suddenly simple if their is the availability of money. Apart from the desperation that sometimes comes with having a quest to get money, everything about money comes with blessing and ease. As long as living in the world is concerned, money rules the world because without it, living hear becomes extremely frustrating.

Travelling to an admired country looks like a hard decision when you don't have money but i you have the financial means to sponsoring that lifestyle, you can decide to stay in any part of the world and make it happen. you cant hate money and have a good stay in this world.

[Oasisman]

I’m curious how other see this. Is financial flexibility itself a form of wealth?

What you have discussed above is entirely correct, so to answer this question, I can definitely say yes financial flexibility is a form of wealth. Not only does it gives you plenty of options, but it also gives you psychological relief, whether you're in a corporate job or in the retail industry.
Rich people already have a better understanding of this financial aspect, maybe even before they acquired their wealth. So, this could be the reason why they continue to thrive with financial freedom and flexibility. The moment their options become limited is the moment they realize they're losing some wealth.

[Sobz]

Does having money give people an advantage beyond the money itself because they have more options available for them?
And if that is true, could one of the hidden cost of being poor be that you have fewer opportunities to choose the easier option?

I’m curious how other see this. Is financial flexibility itself a form of wealth?

Money makes life easy and it gives one more opportunity. Money gives one the ability to go after their dreams and this is why when one have a vision and in the absent of money that vision remains to be an idea. Not every amount of money can be considered as wealth but the availability of money and planning of money into the right channel creates wealth. Having money is a reason to create wealth and in the absent of money it is impossible to have wealth.  I see money as part of life because when money is not their life becomes terrible and one stands a chance to miss most opportunities that comes ones way.