To Top

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

You must be logged in to post a comment Login