Is money a need or want?

thehindu.com - Money is important, but how much do you need? - The Hindu

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January 17, 2010 02:58 am | Updated 02:58 am IST

Money is not everything, but money is something very important. Beyond the basic needs, money helps us achieve our life's goals and supports — the things we care about most deeply — family, education, health care, charity, adventure and fun. It helps us get some of life's intangibles — freedom or independence, the opportunity to make the most of our skills and talents, the ability to choose our own course in life, financial security. With money, much good can be done and much unnecessary suffering avoided or eliminated. But, money has its own limitations too. It can give us the time to appreciate the simple things in life more fully, but not the spirit of innocence and wonder necessary to do so. Money can give us the time to develop our gifts and talents, but not the courage and discipline to do so. Money can give us the power to make a difference in the lives of others, but not the desire to do so. It can give us the time to develop and nurture our relationships, but not the love and caring necessary to do so. It can just as easily make us jaded, escapist, selfish, and lonely. How much do you need? What is it going to cost you to get it? It is keeping these two questions in mind that gives us a true sense of money's relationship to happiness. If we have less than what we need, or if what we have is costing us too much, we can never be happy. We need money to eat, sleep, dress, work, play, relate, heal, move about, and enjoy comforts. We should remember in choosing our style that it comes with a price tag. Evidence of the psychological and spiritual poverty of the rich and famous fills our newspapers, magazines, tabloids, and television programmes and hardly needs repeating here. "We always think if we just had a little bit more money, we'd be happier," says Catherine Sanderson, a psychology professor at Amherst College, "but when we get there, we're not." "Once you get basic human needs met, a lot more money doesn't make a lot more happiness," notes Dan Gilbert, a psychology professor at Harvard University and the author of the new book Stumbling on Happiness . Yes, we get a thrill at first from expensive things. But we soon get used to them, a state of running in place that economists call the 'hedonic treadmill'. The problem is not money, it's us. For deep-seated psychological reasons, when it comes to spending money, we tend to value goods over experiences. Money can help us find more happiness, so long as we know just what we can and cannot expect from it. Many researches suggest that seeking the good life at a store is an expensive exercise in futility. Money can buy us some happiness, but only if we spend our money properly. We should buy memories. How much money it costs is not the issue, but how much the money costs us is important. Money should not cost us our soul, relationships, dignity, health, intelligence and joy in simple things of life. People who figure out what they truly value and then align their money with those values have the strongest sense of financial and personal well-being.

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What is $30 SAS?

We can use a colon modifier “:” to tell SAS to read variable “Name” until there is a space or other delimiter. The $30. refers to the variable as a character variable having max length 30.

geeksforgeeks.org - SAS | How to read character of varying length using COLON Modifier

We generally face this situation when we have company names or both first and last names of a person in our data set. We can use a colon modifier “:” to tell SAS to read variable “Name” until there is a space or other delimiter. The $30. refers to the variable as a character variable having max length 30. data ex1; input ID Name :$30. Score; cards; 1 ShubhamMaurya 25 2 SaurabhPandey 32 3 NikitaChaudhary 30 ; proc print; run;

Output:

The colon modifier is also helpful to read numeric data that contains special characters such as comma(, ).

For example,

1, 000

For example, if you want to read a variable which holds numeric values with the comma in thousands place (or thousand separators) then refer the code below. data ex2; input ID Name :$30. Score fee:$10.; cards; 1 ShubhamMaurya 25 1, 000 2 SaurabhPandey 32 2, 000 3 NikitaChaudhary 30 3, 000 ; proc print; run;

Output:

In the above program, we have declared “fee” variable with colon modifier to load data and used $ sign to read this variable. It will be stored as a character variable. If you would not use $ sign, it will return missing values. Refer the program below how to store it as a numeric variable. data ex2; input ID Name :$30. Score fee comma5. ; cards; 1 ShubhamMaurya 25 1, 000 2 SaurabhPandey 32 2, 000 3 NikitaChaudhary 30 3, 000 ; proc print; run;

Output:

Note: comma5 format removes comma and store it as a numeric variable. 5 refers to the width of the input field. To read a bigger number such as 5, 000, 000, you can use comma10.

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