Oh no..money leh

Money, money, money...sing to the tune of the Mamamia song...which came across my head when Lau talks about money.

Money, money, money lyrics

I work all night, I work all day
To pay the bills I have to pay
Ain't it sad?

And still there never seems to be
A single penny left for me
That's too bad


It sounds quite familiar to me though...I can like spend all my $50 in 2-3 days which I do not understand why? I guess I spent most of it on the transportation fee, food and some unnecessary items. Therefore, I need to control my own expenditure.

Okay, back to today's reflection on money (topic raised by Mr Lau)

a) Aside from the definitions of money you may have heard of or already know, I’d like you to ask this question of yourself, and others: “What is money?” Write your thoughts down in your own words about what the function of money, what you think it is. Consider what does money mean to you? Or – what is your relationship to money?

Functions of money:

1) Pay the material and printing cost

2) Do research

3) Eating

4) Shopping

5) Charity

Pay the material and printing cost

Money helps me to pay off the materials and printing needed for the course. It is always standard that I will spend around $50 to buy the paper, printing for every BDS assignment.

This is what I heard from someone: " Only when you are very rich then you should study design course", which I think is half true and half not true. It depends though. Even though my family is not considered well-off, but I can learn to save money when comes to printing and buying materials. I can go do research and see which printing shop provides the cheapest rate yet high quality. So, it really depends.

Do research

Secondly, money is used to aid me for my research. For example, I have to do a repackaging for Meiji yoghurt and I actually spent $10 to buy all the different brands of yoghurt and items that have nice packaging design that I like.

Eating

I like to eat even though I am vegetarian (restriction of a lot of good food, but there are a lot of good vegetarian food out there). But most of the time, I spent it on cakes, chocolates, ice-cream because I love them a lot, especially nice and pretty cakes. haha.. Next time you all shall try this chocolate buffet at Fullernton hotel.

Shopping

Recently, I am into online shopping because I want to look pretty with pretty clothes...hahahaha..yeap, and I like all those sosphicated, vintage things (which usually cost quite a bomb for me)

Charity

Yeap, money is used to help poor people. It justs hurt to see those beggars out there begging for money (but luckily there is not a lot of beggars in singapore). Like what I have learned from this show "Meet the Natives" : " Why does people rather spend the money to groom their pet dog but not the poor?" It is kind of true though.

b) Consider: Money makes the world go round ... (true/false/why?)

False because even those rich people also have their own family troubles. Theirs are worst because their kids will fight for the asserts. Poor people may have enough to make ends meet, but then there will be still some occassions that they will be worried about money issue too.

c) Consider: Money is the root of all evil … (true/false/why?)

True because people have to live on money. No money means no life unless everyone can survive by eating anything that can be found by them. If it is in the past, I think people still can live without money, e.g. survivors on the island. But in this 21st century, everything needs money and that is why there are so many robbery case etc.

d) What else?: Money is …

Money is the master of your life.

e) What else?: Money is …

Money is the one that help you build relationship with people (but I do not like the use of this method to make friends.

f) Do you care about money? Why/not? What would happen if you didn’t have money at all? What would happen if you got a million dollars?

Of course I care. Because I need money to eat lo..If I have no money, I will go out and work to earn money. If I have million dollars, I would like to travel around the world and learn about the cultures of different countries. This is what I like most!!!!!!!!

g) List down all your ideas and assumptions about Money, and examine them. How did you come to these conclusions? When did you start to think of money that way? Who influenced you to think that way? Was/is that always true?

Money helps to build relationship with people that is beneficial to you. I learned this from the television and real life example. However, I disagree to this method because it just sucks. Why do you want to use money to suck up with people??? However, this is the reality and we have to believe it (that's sad right???)


h) What can money do (for you)? And what does money enable you to do? And what does money stop you from doing?

Let me eat good food, buy design books and also for studies. It stop me from overspending because I have to control my use of money or else I will not have enough to spend.


i) How much are you worth? Try to imagine, and come up with a $ value/figure, and then explain why you are worth this amount. What emotions do you feel as you contemplate this question? What is the significance of this reaction?

Maybe $5000 because I think that I am still not that good as a designer and my EQ is still okay but not that perfect. I gave some serious thought to this but then I felt that I am being sold. Is a weird feeling to think how much I am worth for.


j) Imagine a scenario where you were hired by a client to do a design job. How much would you charge for it? What if you doubled the amount? What if you halved the amount? What are your reactions to each price range? Would you do it for free? Why?

I may charge about $1000+.