A few weeks ago, my husband and I watched a movie called In Time. Have you seen it, or at least heard of it?
The premise of the film is that money no longer exists in its current paper/coin format; time is the new currency:
“In a future where time is literally money and aging stops at 25, the only way to stay alive is to earn, borrow, steal or inherit more time.” (Amazon.com)
The movie itself was not exceptional, and it didn’t receive great reviews. As one reviewer stated, “As a film, it’s more fun to think about than watch.” I tend to agree with that, though I think it’s worth watching just so that you can think about it.
What if credit cards didn’t exist? What if filing bankruptcy was never an option? What if defaulting on a loan ended not just with repossession, but with death?
How would it affect your desire for a larger home or nicer car (or a new pair of shoes)? How much more clearly would you be able to define wants versus needs?
How would it affect your work ethic? What if you had to subtract days from your own life in order to keep family members or friends alive? Would you work longer hours to help others, or would you leave them to provide for themselves?
Of course, the rich are still rich, and sometimes corrupt. Some have the potential to live forever (no, humans are not meant to live forever, but that’s a different topic).
The working class are basically trapped in a cycle of living day-to-day (literally having less than 24 hours on their clocks, needing to earn another 24 hours before the next day).
But all must live within their means.