Does Money Make You Selfish?

Brenda Money Love Leave a Comment

Overspending can be like a drug. You spend and spend without giving your full attention to what you’re doing. (Shop ’til you drop, anyone?) Or maybe you withhold money or hoard it. These are all spaces of contraction where people hide. You may have noticed these patterns in yourself and people you know. We are still learning how humans as a species interrelate with money. The field of neuroeconomics, which studies the foundations of economic behaviour from psychological (and other) perspectives, is in its infancy. However, there has been some interesting research about money and how it affects us. In 2006 Kathleen Vohs published a study about money and people’s sense of interdependence. Her experiment involved two groups of subjects. Subjects in the first group were primed to think about money by, for example, having them sit alone and wait for her at a table strewn with Monopoly money or …

Do We Need Money?

Brenda Healthy Money, Uncategorized Leave a Comment

I think money should have a place on Maslow’s Hierarchy of Needs, the famous theory that depicts human needs and motivations for survival in the shape of a pyramid. The model shows our basic needs (food, water) at the base and moves upward to psychological needs (belonging, self-esteem) and spiritual needs (achieving your full potential) at the top. Believe it or not, I would put money right at the bottom with food and shelter, warmth and rest. Here’s why. As humans, we used to meet our need for food and shelter by hunting and gathering—by finding what we needed in our home environments. But we don’t do that anymore. Now most of us work to get money to pay for food and shelter. In the world of commerce, shopping and spending are our “hunting and gathering.” In modern times, money has become a primary need. I wouldn’t be surprised if …

A Few Thoughts on Money and Culture

Brenda Healthy Money, Uncategorized Leave a Comment

It’s hard to see the effect our culture has on us when we have lived in it our whole life. I realized this while living in South Korea for eight years, where I had the opportunity to see a culture from the outside. I was always asking questions: Why did that man give up his seat for another man who looked just as feeble? Why are the people in the subway not looking at me? They just push and bump into me without apology. Why, when I walk down the street, don’t people move aside until they are just inches away? Why do they ask if I have eaten dinner? And why, if I say no, do they just move on? I was expecting them to invite me to dinner. The culture of a country fascinates me. Because I asked questions, I soon began to uncover why people were acting …

Confidence With Money: It’s an Inside Job

Brenda Uncategorized Leave a Comment

Confidence is an inside job—it takes practice, patience and presence. When I started out as a money coach, I had a lot of insecurities. I thought: “How can I work with people’s money relationships if I am still figuring out my own stuff? I am not an expert.” But the truth is that no one is an expert at the beginning. Confidence happens with practice. Almost every one of my clients faces feelings of insecurity and doubt. And no wonder! Money is one of the most under-explored energies on the planet. Over the years, I have worked to uncover my own genius with money. I have found that the more I stretch my awareness, the more I love the energy and possibilities money holds. Now I relate to money with joy, peace and confidence, the three elements that are paramount to a healthy relationship with money. Too many people, women …

What Is Money: An Invitation

Brenda Money Love Leave a Comment

We deal with money in one form or another every day. What is money anyhow? I can almost hear people rallying together and throwing ideas around: Money is a tool. Money is energy. Money is freedom. Money is a pain in the ass. Money is the root of all evil. Money is whatever we believe it is. It takes on the meanings we attach to it. Throughout my life, money has been power, control, joy and generosity. It has been an effing pain in the ass. Money has stressed me out and it has been the only thing that has validated me. Money has clouded my judgment and stifled my creative flow. It has also opened me to think creatively and unleashed my passion. Money has motivated me to act. It has been a burden and a grind. Money has many faces, so it’s not as important to decide what …