People+money=weirdness

[Amazon warrior]

I do like New Scientist. It has articles on the strangest things:

http://www.newscientist.com/article/mg20127001.200-why-money-messes-with-your-mind.html?page=1

Excuse me, I\'ve got to go get my next fix of Euros........

 

[evil tendencies]

I find it interesting the results about the diminishing returns of joy from money. A couple of you guys are good examples (I\'ll not name names), going out and just enjoying painting and living (and usually traveling). Thanks for the link.

 

[BarstoolProphet]

Interesting stuff, that.

It makes me wonder where I fall in the mentality of it.

 

[No Such Agency]

I think I have miserly tendencies... but not because I view money as an end in itself. I actually find it pretty loathsome. But I\'m not a risk-taker, and I have a pretty well-developed desire for stability, and at least in a low-inflation society, savings = stability. I guess this is serving me well these days, a lot of people who ran up debt with no savings are now living in tents. If I lost my job it\'d be at least a few months before I was living in a tent

... with all my minis of course. They do say natural light is best for painting

 

[ScottRadom]

I love money. Everything about money. What it gets me, what it means to me, everything. I love money. ONly thing better then a little money is a LOT of money.

I love spending money, I love making money.

People who aren\'t driven by money drive me crazy. It\'s just the opposite of how my brain works. I grew up poor. Not eatin\' out of a dumpster poor, more like buying the cheap knock off version of kraft Dinner poor. I hated it. I have worked full time since I was 16, and I have always had at least one job since I was 14. It makes me a smug bastard plus a bunch that I have \"made it\" financially.

I agree with the article that people don\'t valuer financial values appropriately. I think a bug part of why the \"spending poor\" are the way they are is because they don\'t get that when they spend 2200$ on a TV and put it on a VISA, it\'s even worse then spending the cash. I think if most people kept the cash in their wallets to spend (I am a cash man, I don\'t need to check a bank balance to see if I can afford it, it\'s in my wallet and it feels real!) it wouldn\'t be as easy to part with it. But I must stop before I get all preachy and start patting myself on the back and lecturing the poor. And the communists.

Money rules. It\'s the best thing ever! It\'s like a score card for life!

 

[darthfoley]

Mo\' money, mo\' problems?

 

[matty1001]

Money is a necessary evil when you live in a \'developed\' country.

Interesting article.

Peace and love...

 

[Evil Dave]

For me, Money equals Freedom/Security.
When you have no debt, when your house is clear and free, it\'s very hard for someone to take that away.
Plus when you are in this position if you don\'t like the job you have, you can easily say \"Screw You, I quit.\" and easily pay utilities on a minimum wage job without all the stress.
The only way to achieve this is either to posses nothing, (which kind of sucks) or pay off debt as quickly as possible. (which has it\'s own areas of suckiness as you usually end up sacrificing wants)
The only way to achieve the latter is through money.*

I do find it interesting though that they chose college students who volunteered for the study. Because of two reasons:
A.) College students only make up a small percentage of the population and will be completely different in their outlooks on money and life in less than five years after they graduate.
B.) While many college students understand the concept of spending money, few of them have the actual experience of earning it.

It would be interesting to see the variations between those that are paying for their school themselves (IE: GI Bill, Working while going to school, or student loans) vs. those that are going to school on their parents money.


Edit: * and Self Discipline.

 

[Amazon warrior]

Having taken part in a few psychology experiments as a student and also because my boyfriend studied psychology at the same University, I know that they use students because where else are you going to find such a wealth of people who have the time and inclination to take part in a daft experiment for 10 quid? (Or in some cases, a cup of tea?) Also, since most of this research is performed by university researchers, you could say that students are a natural resource for them!

 

[freakinacage]

Originally posted by No Such Agency
I think I have miserly tendencies... but not because I view money as an end in itself. I actually find it pretty loathsome. But I\'m not a risk-taker, and I have a pretty well-developed desire for stability, and at least in a low-inflation society, savings = stability.

ditto. i love to make money, save some up because that means if i go to salute etc, i can spend a load without worrying. i ALWAYS spend within my means though, the only reason i have credit cards is for online transactions, i don\'t even know my pin for it!

 

[Jericho]

I refuse to get a credit card. It\'s a hassle but it keeps me out of trouble. I\'m good with money when there\'s a tangible exchange of goods for cash... not so much when plastic gets involved and hypothetical money gets traded for very real toys.

 

[alextheartist]

Originally posted by freakinacage

Originally posted by No Such Agency
I think I have miserly tendencies... but not because I view money as an end in itself. I actually find it pretty loathsome. But I\'m not a risk-taker, and I have a pretty well-developed desire for stability, and at least in a low-inflation society, savings = stability.

ditto. i love to make money, save some up because that means if i go to salute etc, i can spend a load without worrying. i ALWAYS spend within my means though, the only reason i have credit cards is for online transactions, i don\'t even know my pin for it!

I make quite a bit on the side, from various deals etc.. and it feels great, to know that you have earnt that case off your own back, rather than having got given it either from a job or from parents..

Alex

 

[Amazon warrior]

Originally posted by alextheartist

Originally posted by freakinacage

Originally posted by No Such Agency
I think I have miserly tendencies... but not because I view money as an end in itself. I actually find it pretty loathsome. But I\'m not a risk-taker, and I have a pretty well-developed desire for stability, and at least in a low-inflation society, savings = stability.

ditto. i love to make money, save some up because that means if i go to salute etc, i can spend a load without worrying. i ALWAYS spend within my means though, the only reason i have credit cards is for online transactions, i don\'t even know my pin for it!

I make quite a bit on the side, from various deals etc.. and it feels great, to know that you have earnt that case off your own back, rather than having got given it either from a job or from parents..

Alex

Errrm, are you saying you don\'t earn anything from a job? ??? Traditionally, that\'s not how it works.... If I got nothing in return for slaving over a hot computer five days out of seven, you can bet your boots I\'d quit in a heartbeat!

But yes, in principle I agree with you, it\'s a much nicer, more rewarding feeling to have earnt and saved up for a new toy instead of just being given it, and consequently it feels more \"valuable\", even though it isn\'t!

 

[alextheartist]

?? I think you misenterprited that a little..

What i meant was I get some money from small jobs and i get some from my parents, but it feels so much sweeter when I found the work myself and really earned it without any outside help.

Alex

(my bad writing probs didnt help.. lol)

 

[Evil Dave]

Originally posted by Amazon warrior
Having taken part in a few psychology experiments as a student and also because my boyfriend studied psychology at the same University, I know that they use students because where else are you going to find such a wealth of people who have the time and inclination to take part in a daft experiment for 10 quid? (Or in some cases, a cup of tea?) Also, since most of this research is performed by university researchers, you could say that students are a natural resource for them!

Oh, I know, I work for a university, Physics.
I\'m just saying that with such a small, very similar study group, I wouldn\'t put too much stock in the study.

Originally posted by Amazon warriorBut yes, in principle I agree with you, it\'s a much nicer, more rewarding feeling to have earnt and saved up for a new toy instead of just being given it, and consequently it feels more \"valuable\", even though it isn\'t!

\"Value\" is relative. To a man dying of thirst a glass of water is priceless, to the guy sitting in his home drinking tea it\'s nearly worthless.
Even among different people, without life threatening consequences, we all value different things.

 

[slah]

Originally posted by Evil Dave

Originally posted by Amazon warrior
Having taken part in a few psychology experiments as a student and also because my boyfriend studied psychology at the same University, I know that they use students because where else are you going to find such a wealth of people who have the time and inclination to take part in a daft experiment for 10 quid? (Or in some cases, a cup of tea?) Also, since most of this research is performed by university researchers, you could say that students are a natural resource for them!

Oh, I know, I work for a university, Physics.
I\'m just saying that with such a small, very similar study group, I wouldn\'t put too much stock in the study.

Originally posted by Amazon warriorBut yes, in principle I agree with you, it\'s a much nicer, more rewarding feeling to have earnt and saved up for a new toy instead of just being given it, and consequently it feels more \"valuable\", even though it isn\'t!

\"Value\" is relative. To a man dying of thirst a glass of water is priceless, to the guy sitting in his home drinking tea it\'s nearly worthless.
Even among different people, without life threatening consequences, we all value different things.

Agree 100%
(wow )

 

[hestan101]

though it was uttered by an eskimo hat wearing chav, this statement rings true for me
\"isnt it funy how money can make a lot of people change, you say your my friend but im im telling you you aint\"

 

[Dragon Forge Design]

I just love it when people spend money in my online shop



*Hint* click the link below!


** Yes Scott, this indeed does make me Greedy..I have been swayed to the dark side...

 

[Evil Dave]

Originally posted by hestan101
though it was uttered by an eskimo hat wearing chav, this statement rings true for me
\"isnt it funy how money can make a lot of people change, you say your my friend but im im telling you you aint\"

This may be true, however, the word \"friend\" is so overused in today\'s society as to be almost meaningless. Win the lottery and you\'ll see all kinds of \"friends\" that you haven\'t seen in years or that have ever done a thing for you.

A few years back, I had a \"friend\"/roommate that ended up bilking me out of about $2000 in rent and bills. We parted and I made it perfectly clear I wanted nothing to do with him. Years pass and I inherit a tidy little sum when my dad died, and who do you think comes nosing around?
The rest of my friends wanting to get the old group back together welcomed him back, I disagreed but not wanting to make my friends choose, I stayed cordial, if not a bit frosty. Two weeks later he hits me up for money. I refuse, he gets indignant, the other guys see him for what he is, he disappears. He now only comes around when he \"needs\" something from my other friends. He does not come around me at all, which is probably in his best interests.

I never loan true friends money, I give it to them as a gift. If they choose to pay me back, fantastic, if not, no big deal.

 

[Shawn R. L.]

Originally posted by No Such Agency
I think I have miserly tendencies... but not because I view money as an end in itself. I actually find it pretty loathsome. But I\'m not a risk-taker, and I have a pretty well-developed desire for stability, and at least in a low-inflation society, savings = stability. I guess this is serving me well these days, a lot of people who ran up debt with no savings are now living in tents. If I lost my job it\'d be at least a few months before I was living in a tent

... with all my minis of course. They do say natural light is best for painting

Sum\'s up me pretty well. I have never had much dough and this mind set was a must.

Strange thing happened many years ago. I ran TOTALLY out of money...zero, and there was an odd sense of peace to it. Hard to explain other than it broke the illusion of how much I thought I had control of things and I was simply powerless.