The World Of Money

Before I begin, let me just say that 'Money is important', and I guess most people know that fact. Money helps us attain the essential things in life such as food, water, education, clothes, a house, and healthcare. You can also use the money to pursue other things in life like travel, donate to charity, or carve your future plans and careers. That's why many people desire to have a job or start a business so that they can earn enough money to buy their basic needs in life.

Alright! So, the reason I wanted to talk about money right now is that I just recently learned something new today. It's about this money business - wait, I'm not even sure If I should disclose what type of business this is, hahaha! But the system goes like this: 

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A person (or the
business owner, I might say) uses his personal money as a startup cost. With his money, he'll lend it to a few people, or otherwise known as his clients. He will let the clients lend his personal money, but with a monthly interest rate. The client shall promise to pay the amount every month, every week, or depending on their initial agreement. 

As more people lend on the owner's money, the more he receives payments with interests, and these interests will serve as his gain or profit. With the returned money, he can roll it out again by lending it to other clients until, eventually, the business owner becomes a rich man.

Of course, this business wouldn't be possible without his employees. So, the owner will need to hire an office clerk, a few money collectors and a Customer intelligence officer. The office clerk will be in charge of all the paperwork, computer stuff, keeping records, etc. 

On the other hand, the money collectors are responsible for collecting the payments from the indebted clients from different towns. If a client fails to pay the promised amount, the money collector will need to ask for a collateral item in exchange. It can be an appliance, a deed, or any valuable property that's worthy enough to pay the client's debt.

Meanwhile, the customer intelligence officer is responsible for marketing the business, doing the sales talk, and eventually, enticing other people to lend money from their business and become one of their clients. Once a person agrees to be a client, the C.I. officer will need to check his background and financial status to see if that person is capable of paying his debt every month.

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Wow, that was a very detailed description, HAHAHA! I guess you already have an idea of what type of business I am talking about. But still, I won't directly disclose it here. I'll just leave it in your mind.

The first time I heard about this type of business before was when I was in college, in my Accounting class. But I didn't fully understand its context until just now. Now, I know how the whole thing works. I've also understood how fast money can grow through this type of business. Plus, you don't even need to provide any product or service for your clients. All you need is a startup cost and lend it to a few people, and it's up to you on how you rotate your money or how much is your interest rate.

In fact, a coworker of mine from my previous job also explained to me how this business could make a person easily rich. The business owner doesn't have to do much work because his employees will do the fieldwork for him. He only needs to invest his money by lending it to others and waiting for the interests. Impressive, right?

HOWEVER.....

This business also comes with a few disadvantages, and this is where some things get pretty shady. You see, as much as we like the thought of receiving profit from the interest rate, sometimes, some people can play dirty, especially when it comes to money. Let me give you two clear examples, with people's names. Again, this is just an example which means the name isn't from a real person.

First example:

A person named Tony lends money from the business owner with a promise to pay every month and an interest rate of 8%. Let's say, the first couple of months, Tony was very prompt with his payments. However, in the third month, he failed to pay his debt. The following days and weeks passed by, but still, he's been saying a lot of excuses why he couldn't pay his debt.

So, the C.I. officer had to personally check on Tony and see why he's not paying his debts and hopefully collect the payment or collateral from him. However, as the C.I. officer arrived at Tony's house, Tony held the officer at gunpoint and threatened to shoot him if the officer would continue to force him to pay. Out of fear, the C.I. officer had no choice but to flee and swear to himself never to go back to Tony's house again. 

Second Example:

The money collector named John is responsible for collecting payments from three different towns. So, John rides his motorcycle and takes the same route every day to reach his clients and collect payments from them. But little did he know, there was a group of gangsters who had been watching John every day, studying his route and creating a plan on how they could set up John and rob him. Keep in mind that John is a collector, which means he's carrying a hefty amount of money every single day. 

One day, as John was on his way to his next client, the gangsters blocked him at the spot where he last parked his motorcycle. He was surrounded by a group of men with guns and knives and held him hostage. Then, the gangsters robbed him, took all the money he collected, as well as his personal money, cellphone, and other valuable belongings and eventually left John penniless. John didn't fight nor argue and just gave up all he had to spare his life. Then, he went back to the office traumatized.

I apologize if my examples are gloomy, but unfortunately, these scenarios have happened in real life. And it saddens me how a fantastic business like this could also be a dangerous venture to get into. It may not be that risky for the business owner, but for the money collectors and C.I. officers, their lives are technically at risk. 

Money is important, and you can even do business out of it. However, money can also be the root of evil. Despite your good intentions, some people can play dirty and even kill just to get as much as they want. They would kill you just so you would stop bothering them with their debts, and they would also kill you if they knew you were carrying a large sum of money.

And so, after knowing everything that I learned today, I realized how complex the world of money is. The money can save you and help you achieve your needs in life, yet the money can also be why you lose your life. I'm not saying that I'm against people who are in that type of business, okay? My only point is, I wish there were ways wherein business owners could secure the safety of their employees. I can only imagine how those collectors and C.I. officers are working so hard to feed their families, yet they could lose their lives because of their jobs. I guess what I just want for them is to have more security for themselves.

The Bottomline

I'm not an expert. I'm just a woman with a lot of opinions. But I know that each of us here is working our asses off to earn money and feed our family. So, I would just like to remind everyone that money is important, but it's not worthy enough to exchange your lives.

To people out there who are working life-threatening jobs like the money collectors, C.I. officers, police officers, doctors, nurses, electricians, military officers, drivers, miners, and the rest who work on risky jobs - I salute you. I salute you for being brave enough in taking those jobs to earn money for your family despite the risk. And all I wish for you is safety and security. But please, when things get hard, always choose your life over money. Because if there's one thing that money can never buy, it's your life. Ciao!