How does money affect our behavior?
Is this the natural result of wealth? Are rich and poor destined to follow the same path in life and form a “rich” or “poor” personality? Researchers have long studied the psychological and social differences between rich and poor and have come up with a lot of interesting results.
The rich are more isolated
With wealth comes loneliness. According to an American study, wealthy people have a more self-sufficient focus on life. The rich more rarely want to depend only on others and for others to depend on them. Money increases the individualism of people, while reducing the social community.
Poor people give more
On average, households earning between $ 50,000 and $ 75,000 a year provided 7.6 percent of their income to charity. Households earning $ 100,000 or more yielded only 4.2 percent. Rich people living in rich areas have been shown to give even less to charity without ports at an average of 2.8 percent.
Money often leads to addiction
Of course, money itself does not lead to drug problems. But studies show that children in rich households are at greater risk of experiencing drug problems. Wealthy children are, on average, also more concerned than poorer people and are more likely to suffer from depression, eating disorders, cheating and theft. Much of this is considered to come from the greater performance requirements children in wealthy families know from their parents.
Poverty leads to poorer cognitive ability
British and American researchers measured the cognitive ability of Indian farmers before a harvest when money was scarce. And after the harvest when the peasants had money in their pocket. The differences between the two different measurement periods were striking. The IQ measurements were on average 8-10 points lower before the harvest than the measurements afterwards. It also turned out that poor people had a harder time making decisions, even unrelated to the economy. The researchers’ theory is that problems related to poverty absorb energy in people’s thought activities, unconsciously.
Wealth is seen as evil
We all have prejudices and we have all heard about the baseless stereotypes about the poor. But studies show that people also often have preconceived notions about the rich. While the poor are often seen as lazy, uneducated and alcoholic. Seen rich as evil, cold-blooded and unreliable. So much so that some take pleasure in the problems and cases of rich people. A relationship has also been found between a company’s success with the phenomenon of its social harm. Test subjects from both the right and the left of the political spectrum rated “rich” companies (both real and imagined) as more vicious. Regardless of company documents.
Wealth is not the path to happiness
How much we must fight, fight and cheat on our way to the top is more money not the solution to all our problems. Studies show that we do not become happier after a certain limit between about SEK 35,000 to SEK 55,000 a month. Money after this limit makes a button, if any, difference in a person’s general happiness and well-being. You can almost interpret it as a lot of money making one not happy. But a little money makes you unhappy. One must not forget the happiness of friendship, love and family. Something that cannot be bought for money.