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The Consequences of the Money Taboo
The Money taboo is a serious psychological problem because, though we do not talk freely about
money, it is of major concern to almost everybody in America. This taboo keeps people from finding
money?s proper place in their lives. It keeps them from balancing their financial needs with other needs;
such as love, family, self expression, self esteem, meaningful work and physical or emotional health. If
people can recognize and overcome their irrational or destructive money-related beliefs and behaviors,
money can become a valuable, life-enhancing force for them - a tool with which they can shape their
lives rather than a cage in which they are confined. But, the taboo often turns money into a destructive
force. Let?s consider a few consequences of this taboo. |
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| cauz |
Aug. 22, 2014, 2:28 p.m. |
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| Lou Holtz |
I think that everybody needs four things in life. Everybody needs something to do regardless of age. Everybody needs someone to love. Everybody needs something to hope for, and, of course, everybody needs someone to believe in. |
| Dalai Lama |
Old friends pass away, new friends appear. It is just like the days. An old day passes, a new day arrives. The important thing is to make it meaningful: a meaningful friend - or a meaningful day. |
| Jack Canfield |
Greater self-esteem produces greater success, and greater success produces more high self-esteem, so it keeps on spiraling up. |
| Kathy Ireland |
If we get our self-esteem from superficial places, from our popularity, appearance, business success, financial situation, health, any of these, we will be disappointed, because no one can guarantee that we'll have them tomorrow. |
| Jerry Garcia |
I think it's too bad that everybody's decided to turn on drugs, I don't think drugs are the problem. Crime is the problem. Cops are the problem. Money's the problem. But drugs are just drugs. |
| Jackie Earle Haley |
I started acting when I was 5 years old. And I was pretty well known for a while. Your self-esteem and your identity start to become wrapped up in that celebrity, and when that starts to fade away, your self-esteem and your identity start to fade away with it. |
| Paul Farmer |
The biggest public health challenge is rebuilding health systems. In other words, if you look at cholera or maternal mortality or tuberculosis in Haiti, they're major problems in Haiti, but the biggest problem is rebuilding systems. |
| Jason Babin |
Everybody gets all worked up about trash talk but it is what it is - it's talk... You ask any player, honestly, if trash talk's gonna affect how hard they play, because if a little trash talk affects how hard they can play, it just lets us know that they were holding back or weren't playing harder or as hard as they could. |
| Stephen Baldwin |
I'm not going to fight in the physical with physical weapons, because it's not a physical fight. I'm going to fight with spiritual weapons, cause it's a spiritual fight. |
| Anthony Fauci |
Antibiotics are a very serious public health problem for us, and it's getting worse. Resistant microbes outstrip new antibiotics. It's an ongoing problem. It's not like we can fix it, and it's over. We have to fight continued resistance with a continual pipeline of new antibiotics and continue with the perpetual challenge. |
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The Taboo Against Dealing With Money Issues
Why is it that the literature regarding the psychological meaning of money is so scant? As sated
previously, there is a taboo regarding the subject of money in our society, to which psychotherapists are
not immune. We Americans may complain about taxes, discuss the prospects of Social Security and brag
about the great bargains we found or the killings we made in the stock market, but we seldom discuss
our incomes, our indebtedness or, more general...
This post is a comment.
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In this author?s experience, patients will rarely bring up money issues unless the therapist is willing
to focus attention on them him /or herself. There is only one kind of therapy where discussion of money
and how we relate to it, and to each other because of it, often comes up: marital therapy. It comes up
there because disagreements over money and stresses connected to it are the most common reasons for
marital discord. That, to a significant extent, is the result of the money taboo which results in lack of
...
This post is a comment.
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In addition to the psychological literature there is some information about the psychology of money
available in the financial literature. Close to the beginning of her best selling book, The 9 Steps To
Financial Freedom, financial planner Suze Orman states ? most of my clients biggest problems in life
today - even those that appear on the surface not to be money related - are connected with their early
formative experiences with money.? She recommends to her readers, as the first step toward financial
...
This post is a comment.
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I'm not sure. I do think its more likely that those born in money have an attitude that they're family is smarter and harder working than the less fortunate. But they certainly didn't make their fortune giving money away.
But those who don't have money probably don't share their money either. But I think they would better understand what being in the bottom of the 99% lives like.
It really comes down more to how one was raised. People who are raised well are just good people. You don't see shitty snobby kids from parents that teach lessons and enforce boundaries.
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This post is a comment.
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Another psychological approach to understanding people?s involvement with money was offered in
a financial magazine. This article (Sullivan, 1994) presented a classification of money personalities based
on a survey of 2,000 people?s ?inner financial life.? It divided people into seven personality
classifications as follows: 1) Hunters, who are characterized by an aggressive attitude toward the making
spending and investing of money and who tend to have unsettled personal lives and a higher than average
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This post is a comment.
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Despite common wisdom to the effect that money can?t buy happiness it is certain that many people
believe that enough money could make them happier than they are. Many people squander huge amounts
of time and energy, thinking about and trying to acquire money because of this belief. Even when they
are reasonably well off, people often make increasing acquisition and control of money a higher priority
than either self actualization or cultivation of relationships - leading to many of the personal and
...
This post is a comment.
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Most people who don't want to do the PhD realize that they can leave and make a lot of money early on. The people who really want to do research and stay usually value money less.
This post is a comment.
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Apple, Google and Microsoft Are Hoarding $464 Billion In Cash
Apple, Google and Microsoft are sitting on a mountain of cash -- and most of it is stashed far away from the taxman. Those three tech behemoths held a total of $464 billion in cash at the end of last year, according to a Moody's report published this week. From a report:
Apple alone had a stunning quarter-trillion dollars of cash thanks to years of gigantic profits and few major acquisitions. That's enough money to buy Netflix three times. It's also more cash than what's sitting on the balance sheet of every major industry except tech and health care. All told, non-financial U.S. companies studied by Moody's hoarded $1.84 trill...
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Psychoanalysts, too, have offered sociological explanations. Fenichel offered one based on Marxist
theory, which may seem odd in post cold war America where 40% of the population invest in the stock
market. ?One gains the impression? he wrote, ? that this quite general characterization of money matters
as ?indelicate? must fulfill a special function in the social ideology. This function must be a negative one:
ignorance about financial matters and the effort to repress them as much as possible, lead to illusions
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This post is a comment.
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Try to improve one aspect of your health every day, be it physical, emotional, psychological, social, spiritual.
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