Good And Bad Effects of Money on People
There are always two sides of the coin, the head, and the tails, just like the impact of money on people, there is a positive and negative. Before we get into the changes money can do to people, let’s analyze first the differences of getting rich and getting money, because most people think these two are pretty much the same, but the impact of money on people, actually affects their perspectives as well, so let’s break it down shall we?
Getting rich is basically a process, it doesn’t really matter how slow or fast the process may be, it is still a process. People who are getting rich are the ones who are basically working hard to earn their money, even if they’re regular employees or people who own businesses, they go through a process, sometimes there are struggles but then they manage to get over them and then when the times finally comes, all their hard work will be paid off because they’re becoming rich.
This one, on the other hand, doesn’t really have a process. They just do a something, and they get the money. This can be simply winning the lottery or do something illegal like rob banks or sell drugs. It’s easy and dirty money, it is not exactly considered as a job because it is not something legal.
Now that we have established the difference, let’s now move on to how exactly does money change a person? Well, money doesn’t exactly change a person literally, it just means that money brings out both positive and negative qualities of a person, which is actually good since it would show what exactly the kind of person he or she is. So here are some of the positive and negative effects of money on people.
Spend and Save
The first positive effect of having money is that you will be able to spend it on things that you both need and want. People basically work hard so that they could earn money and provide for themselves or for their families. That is because money is needed for shelter, clothing, and of course food, it is always used to pay for the bills. It is basically teaching people how to budget their money so that they will be able to have some money left to save. Budgeting is such a great way to actually be in control. Just like when people save, because they have earned their money, it is not just for spending, people are also learning to save their money for more important and emergency matters. The impact of money on the people’s minds are indeed on the good side when it comes to the idea of budgeting.
Sharing and Compassion
Another great effect of money on people is that they learn to share, especially if they have more than what they have. Sharing is just a great way to spread the goodness in humanity, especially in times of need. Money is just a tool for people to get what they want and what they need, yes, it is a fact that in order to get money, you have to work for it. However, there are some cases that some people are just not privileged enough to have a decent paying job or people who don’t have homes, so being compassionate is really needed in this society.
Unfortunately, if there are good effects, there are also bad ones. There are some people who’ve got the amount of money more than what they need. They have two choices in life, let them control themselves, or let money control them. In some cases, it is the latter. There are people who actually thinks highly of themselves just because they are a lot of zeros in his or her bank accounts. There are people who just couldn’t step on the ground and they also treat others like they’re not even human. Unfortunately, there actually really people who are like this. Arrogance has taken over their minds because of money, and it just never turns out so well.
Conflicts in Relationships
In connection with the previous one, people who have a lot of money, tend to have a hard time dealing with people. You see, there are actually people who would do anything for money, so if you have a lot, there will be people out there who might pretend to be a good friend, but all they really want is your money. There are also people out there, who will judge you just because you have money. The conflict between the people around is just endless, unpredictable, and unstoppable.
Money shouldn’t make the world go round, so it must not take control of people’s lives. It has its good sides and bad sides, but it is always up to you which path you are going to choose.
More in Bank Stories
7 Simple Ways To Get Rid Of Stress
Are you sometimes too stressed out to even think clearly and have no time for a therapy or to relax properly?...January 22, 2018
The Types Of Insurance You Might Not Know Existed
The business of insurance is huge and covers various subjects starting from life, property, valuable assets, health insurance and even different...January 22, 2018
Creative Methods To Save Money When Shopping
Shopping for products can be exciting but it can also be a hassle you would rather be without. The introduction of...January 22, 2018
Hollywood Celebrities With Successful Tech Ventures
The tech industry has grown from a niche market to one of the biggest players in the business field. Because it...January 22, 2018
Why American Rappers Make A Lot Of Money
Rappers are known for living a life indulged with all the good things and, quite literally, tubs full of money. With...January 22, 2018
Debt Consolidation 101: 5 Things To Check If You Are Ready For It
Debt consolidation has gained tremendous popularity in the recent years. Banks have been very rigorous on their risk models and it...January 22, 2018
5 Most Common Misconceptions About Money
Nowadays, money seems to be most people’s worries, but why exactly do you think so? They say money makes the world...January 22, 2018
Financial Mistakes You Can Commit In Your 20s And How to Avoid Them
In your 20s it is likely that you are just beginning to adjust to a number of things like starting a...January 22, 2018
Fly First Class For Free With These MAGIC WORDS
Flying all over the world is part of education and exposure but this can be cumbersome for some, who may find...January 22, 2018