Wealth relates to the social status and morality of an individual. It’s been said that money doesn’t change people; it merely reveals them. Money can show your true personality as it affects the way you think and feel.
It allows people to buy the things they desire, making them feel more powerful. But many different factors affect the way these two thoughts and feelings are experienced.
For some, money doesn’t mean anything, but it’s a way to live a good life for others. Thus, this article visits all the possible aspects of Money and how it can impact our lives.
Does Money make us less compassionate?
Yes, Money can make us less compassionate, as the studies reveal the dichotomy between Money and empathy. People living with limited resources can easily understand someone’s feelings through facial expressions.
Lower-class people are open to various social threats; they have to work with others to create opportunities. Thus, they are found to be more compassionate than their wealthy counterparts.
Limited resources result in enhanced emotional intelligence, and on the other hand, it was found that Money can make people cunning and selfish.
A study concluded that wealthy people or people having wealth could go to any extent for the sake of profit, and they use tactics to manipulate the lower class.
1. Money makes us feel Superior
A Richman gets more respect, and people show gratitude, even if the person is morally incorrect. A study at UC Berkeley shows that a luxury car driver is less likely to stop for a pedestrian at crosswalks.
Even the thought of possessing Money can result in antisocial behavior. Once the idea of money is embedded in someone’s mind, the person is more likely to lie or behave unethically.
Even an intellectual, who can discriminate between wrong and right, can fall for the trap of money.
2. Wealth can cause Addiction
It is seen that wealthy people are prone to getting an addiction. A study reveals that affluent children can fall into the pit of substance abuse as they have a pleasure to carry forward the legacy of their ancestors.
Apart from teenagers, adults are vulnerable to several addictions that can cause endless health issues.
Although some studies show that wealthy children are great at adjusting and can manage every situation, we can’t deny that it can ruin their childhood.
3. Money is the Addiction
Greed for Money is no less than an addiction. It’s addiction can result in compulsive behavior. The obsession with wealth is although different from substance abuse, but the repercussions are alike.
Compulsive behavior is mainly due to process addiction that has a similar effect on the brain, like a drug or alcohol.
The brain starts releasing Dopamine that can alter the brain’s chemistry. It makes the person feel good about possession or money. The money addiction can also transform into shopaholism, the addiction of spending money.
4. Wealthy Children lack Morality
Children in a wealthy family can possess anything they desire, except for family time. The rich children are found to be more depressed than the lower-class children.
Depression then leads to substance abuse like drugs and alcohol, which holds numerous adverse effects. The studies also found that children are under tremendous pressure to excel in academics and extracurricular activities.
As affluent parents often have a packed schedule, they can barely find time for their loved ones. Thus, a busy schedule leads to loneliness and isolation, making the children agitated and stressed.
They find it difficult to make genuine friends, as their social status hinders the socialization process.
There is a stereotype by lower-class people that wealthy individuals don’t have feelings and are considered cold-hearted.
Being rich is perceived as being evil, and thus people become envious of them. Studies found that people enjoy the struggle of a wealthy individual.
Organizations that generate high revenue are perceived as evil, and the people believe that they are hiding something from society.
These stereotypes are also expressed in superstitions, and various traditions believe in numerous money-related superstitions.
6. Your goal shouldn’t be to “Earn Money.”
Money is often considered the symbol of luxury. People blindly run after money without giving it any thought. The majority of people, especially at an early age, have a unidirectional goal- earning Money.
Money is a mere byproduct of hard work and passion. If you’re willing to have an impact on society, you’ll make money without much trouble.
People with a goal of earning money are less likely to succeed as their driving force is feeble.
7. Money is not Everything
You can possess everything with the help of money, but there are a few exceptions. Happiness, love, and inner peace are examples of what you can’t buy using money.
Money is not the measure of success, and even an income that can take care of basic needs can give you a good feel.
Wealthy people suffer from depression, and the longevity is more of the lower or middle-class people. The wealth can often lead to dissatisfaction, instigating the feeling of greed.
It’s time to look beyond Money and live a happy life. The article covered every aspect of Money and how it can change your perception.
So, it’s better to stop worrying about money and live a stress-free life.