Money can be a source of stress from "summary" of The New Psychology of Money by Adrian Furnham
Money is a curious thing. It seems to make the world go round, yet it can also cause a great deal of stress for many people. The mere thought of not having enough money to cover basic expenses can send shivers down one's spine. It's no wonder that financial worries are often cited as one of the top sources of stress for people around the world. The concept of money as a source of stress is explored in depth in "The New Psychology of Money" by Adrian Furnham. Furnham delves into the various ways in which money can create anxiety and tension in people's lives. One major factor is the fear of not having enough money to meet one's basic needs. This fear can be exacerbated by societal pressures to keep up with the Joneses and live a certain lifestyle that may be beyond one's means. Moreover, the constant need to earn money to sustain oneself and one's family can lead to high levels of stress and burnout. The pressure to climb the corporate ladder, earn more money, and achieve financial success can take a toll on one's mental and physical health. In this way, money can become a source of chronic stress that permeates all aspects of one's life. Furthermore, the uncertainty and unpredictability of financial markets can cause a great deal of anxiety for individuals who are invested in stocks, bonds, or other financial instruments. The fear of losing money can lead to sleepless nights and constant worry about the future. In this sense, money can be a source of stress not only in the present moment but also in the long term.- The concept of money as a source of stress is a complex and multifaceted one. It involves not only the fear of not having enough money to meet one's basic needs but also the pressure to earn more money and achieve financial success. The unpredictability of financial markets further compounds this stress, creating a constant state of anxiety and worry for many individuals. In this way, money can truly be a double-edged sword - a necessary means of survival, yet also a significant source of stress in people's lives.
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