Psychological Effects of Money

Hey dear community, at the beginning I would like to welcome you all to my new post and hope you were able to have a day that has been full of positive experiences! In my new post, I would like to go into psychology and hope you can expand your knowledge.

Here are some pictures of coins and I would like to specifically address money from a different point of view and focus on the psychological effect of this post. Since money is linked to different values, there are often positive feelings when you think about it and in this context people often think of dreams that they can realize with it and from a psychological point of view, much is associated with the release of the happiness hormone dopamine and if you receive money or exchange it for a certain value, this creates a reward effect. When money is involved, it happens that the way of thinking is completely changed and you think irrationally and thus all action are influenced and the brain works much more inactive and you react quite differently to facts or logical ideas and only depends on the values and it happens that you make mistakes more often. By receiving rewards and the resulting feelings of happiness, it often comes to an addiction and the moments in which you have been rewarded for certain things in the form of money or have bought things that make you happy, are also strongly connected to the subconscious and without you noticing it, complex patterns arise in the brain with are connected to these moments or feelings. When it comes to the price of things, much is associated with the placebo effect and most make values dependent on numbers and often more expensive products are considered as the better ones and the idea of acquiring something more expensive can lead to more positive thoughts, but usually often the value is the same as with a cheaper products and this psychology behind it is also often seen in other areas in which values are made dependent on numbers as with certain trends that lead to self-deception.

There are always different value concepts, but only real values such as things you need for everyday life and these are also tied to the monetary system and here the psychology turns because people are under pressure and if they cannot acquire certain values, this often creates a feeling of fear and the whole psyche is influenced by it because it is about the basic survival and through money you can create a feeling of satisfaction. Money is also strongly linked to mass psychology and there are some actions such as envy, greed, social status and more and it often comes to reactions like the fear of losing things because people often lose their social status at the same time and every person reacts differently to money and there are always different behaviors. A good example of this phenomenon are people who have a certain status who are presented in the media and as a result the mass behavior is strongly manipulated and they take a person as a role model and thus change their own behavior because the mass wants to be like this person. When it comes to dealing with money, there are interesting cultural differences and in poorer countries people usually have a completely different reference to money than in wealthier ones and everywhere you can see similar emotions that arise as a result when it comes to general behavior and people are happier when they spend money on themselves or others. Financial fears lead to a wide variety of changes in the psyche and is a huge factor for the development of diseases and money influences people in so many ways and there are numerous differences in the handling of people who have already grown up with money than others who have received it during their lives and even when it comes to saving money, the psyche is influenced and is strongly influenced by future thoughts and it is definitely an interesting topic to shed light on the psychological effects of money.

Thank you for the visit and I hope you could learn something new about this interesting topic! I captured these pictures with my Camera Sony Alpha 6000 plus 55-210 mm lens.