FINTEL Frank Talk – DAY 8 of 10



On Day 5 of this Event, you will recall that I mentioned certain limiting religious beliefs that are causing people to struggle with their finances. Isn’t it stunning how the erroneous belief that money is evil is one of them?

In today’s talk, I am going to dismantle the crux of this belief and give you a renewed perspective of money.

It is against the law of nature to call money evil and still expect to have it in abundance. It doesn’t work that way.

I think the best way to get started is to review what money really is and why it is a major issue in the world today.



According to Encarta, Money is any medium of exchange that is widely accepted in payment for goods and services and in settlement of debts.

Money also serves as a standard of value for measuring the relative worth of different goods and services. The number of units of money required to buy a commodity is the price of the commodity. 

Now, let’s get the above meaning right. 

This definition assumes that there are things of value (goods and services) that you will need to survive in life…. Since no man is an island and you cannot have everything, you will need another person that has what you need. And when you find that person, you will have to give him something of value in return. This is where money comes in as a standard for measuring the value of what you are about exchange in other to avoid cheating.

So that is all about the place of money in our world today. It is a measure of value, just like a ruler or tape is used to measure length and a scale is used to measure weight. This makes it a TOOL… 

One of the meanings of a tool is “something used as a means of achieving something.” This further implies that Money is a means to an end and not a Goal.

Therefore, it is an error to believe that you will be “rich and happy” when you must have attained a certain level of income. In fact, this perspective reveals money for the mirage it is. 

That notwithstanding, money is important because we need it to survive. From the time you wake up to bed time you spend money on a daily basis whether you like it or not. For example, you might use N2 worth of toothpaste, N10 worth of soap, N500 food, N200 transportation, etc. In most daily activities, value is being exchanged and money is used as the measure of value.



As the human society grew and advanced from the Hunter-gatherer age, the Agrarian age, through the Industrial age to the Information age, so has money evolved and more sophisticated means of carrying out business have became necessary.

First it was Trade by Barter where goods were exchanged for other goods.

Then, Commodities like seashells, stones, colored gems, beads, cattle, gold and silver were used to represent value and speed up the process of exchange. Thereafter, Receipt money and Fractional Reserve receipt money (cash) were adopted as a standard measure of money. 

As we all know, with greater advances in technology, internet banking and cashless policy, money is fast evolving into an electronic form known as Cryptocurrency. Only God knows what it will turn into 5 decades from now.



To answer this question, it is best to understand what evil is. Evil means something that is 

profoundly immoral or wrong or deliberately causing great harm, pain, or upset. 

Now money does not bite or corrode your hands, does it? πŸ˜„ 

Life in general throws unpleasant experiences at us and many at times, people seek to sooth these experiences and satisfy themselves with the temporary pleasure that money can afford. They are deluded into looking for “more money” instead of nipping the problem in the bud.

Money can never bring this kind of satisfaction “on its own” because the more you earn, the more needs you discover you have to fill.

This explains why the “love” or “excessive need” for money tends to make people lose control of their emotions. When this happens, vices such as greed, covetousness, jealousy, theft, fighting, fraud, embezzlement of public funds and other kinds of evil deeds follow suit.

In the end, money – the tool, is given a bad name when in reality the evil resides and originates from the hearts of men that have little or no control over their emotional attachment (love) to money. 

That is why the Apostle Paul admonished in 1st Timothy 6:10, “For THE LOVE OF MONEY is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”

The evil comes when men develop an inordinate affection or need for money (replacing the first place that God should occupy in their lives), thus causing them to cut corners or even harm people in order to have it. 

I hope you now understand the logic….😎

The sooner you develop the right perspective of money, the better for you and your finances.



In order not to be associated with evil, you have to know how to USE the tool and not ABUSE it.

The first step to using money the right way is to invest in your Financial Intelligence and Literacy. It has been said that a bad workman quarrels with his tools.

FINTEL will teach you a whole range of stuff starting from how to make a simple budget to how to invest and make good returns from your money.

When you accept to use money as a tool, you will begin to see it as an instrument you use to get something else that you really value such as vacation time with your family, a business investment or donation to charity. 

In summary, I want you to have the understanding that money on its own is NOT evil. Rather, it is a tool that is meant to be used wisely to get a job done. It is a means to an end, and not the goal.
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If you follow this event to the end and you are interested, I will send you a link to a special Facebook group where I will be sharing rare Financial Intelligence tips and will attend closely to your financial challenges.

Do you have any questions or suggestions? Let me know your thoughts in the comments below.

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_____________________________________________________________________________ Hey, before you go…. did you know that many people are struggling with their finances today, not because their income is low, but because there is something they need to know? How much do you know about Financial Intelligence?   Click here to download your copy of my FREE eBook on 15 BENEFITS OF FINANCIAL INTELLIGENCE.     Did the contents of this post make sense to you? Why not share it with your friends on Social Media so they can be enlightened too? Simply HIT the Share Buttons above.

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