#wealth-psychology

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US Elections
fromIntelligencer
2 days ago

What Does Extreme Wealth Do to the Brain?

Extremely wealthy individuals often struggle to acknowledge how wealth fundamentally alters their perspectives on status, relationships, and reality, despite evidence that it profoundly changes their thinking.
Psychology
fromSilicon Canals
1 week ago

Behavioral economists found that people with substantial savings who live modestly aren't being frugal - they've discovered that the security of untouched wealth provides more psychological satisfaction than any material display ever could - Silicon Canals

Financial security from modest spending and consistent saving provides greater psychological satisfaction than wealth displays or increased consumption.
fromSilicon Canals
1 month ago

Psychology says adults who feel guilty spending money on themselves learned these 7 things growing up that wealthy people never experienced - Silicon Canals

Ever catch yourself standing in a store, holding something you genuinely want, only to put it back because that familiar knot forms in your stomach? You know the one-that creeping guilt that whispers you don't really need it, that you should save the money instead, that spending on yourself somehow makes you selfish or irresponsible. I used to think everyone felt this way about money.
Psychology
Relationships
fromBusiness Insider
9 months ago

Sofia Vergara said dating someone with less money than her would be a 'nightmare.' We asked 3 therapists what they think.

Sofía Vergara emphasizes the importance of equal financial status in romantic relationships to avoid resentment and power struggles.
fromPsychology Today
9 months ago

Affluency: A Syndrome of the Rich and Powerful

Rich and powerful people are prone to psychological biases that I label "affluency." These are evidence-based biases in social perception that lead to a sense of entitlement and a perception that the powerful individual is in many ways better than less powerful people.
Social justice
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