The Psychology of Money

The society demands that we be politically correct - this is the new view of what being civilized means. The way we make money and the way we spend money is influenced by the society greatly. It is possible to understand the human relationship with money by looking at the psychology of money.

Insecurity

Society tells us that we need money to have security. This is even affecting relationships where you are not likely to 'bag' the woman of your dreams if you are not financially stable. Money provides shelter, clothing, food, and education for your kids. In the not so distant past, just having a farm was all the security you needed. Due to the fact that money is associated with security, you have to work long hours, sometimes at the expense of your family, you have to save money for the future, people are wedding at a much older age, people are not as generous, and people are engaging in criminal activities much more.

Doing what is right

We want to do what is right, but you need to first determine what is right to you. You should realize that money is just a means to an end and it is a way of accomplishing your dreams, not the actual dream. If you understand this, you will be able to enjoy life more. If you know what is right, you will be motivated to work harder and you will have more money. However, if you work for the sake of paying your bills, you are not likely to find happiness. You should consider giving to charity, educating your brother's son, or doing anything else that will make you feel good about yourself.

Get-rich-quick

Many people want to get rich as quickly as possible and to retire early. You should avoid this temptation because the truth is that you will never have enough money. Trying to get rich quickly will prevent you from enjoying life and you will not even have time for your friends and/or family. You are also more likely to engage in criminal activities or to fall into get-rich-quick scams.

Marcus is dedicated to providing financial education that helps individuals create wealth for themselves and their families.

Marcus is the author of the book, 'Wealth Workout - the Simple Seven Step Formula for Financial Success', and the contributor to various money, finance, stock market and property publications in UK. For more information on how to make more money and to get a wealth workout please click here wealth-workout.

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