Why Do We Prioritize Money?

Money is one of the most important aspects in determining what sort of lifestyle one may live. In the corporate sector, the amount of a person’s compensation determines how satisfied they will be with their job and whether or not they will put forth their best efforts, which strongly impacts an organization’s employee retention rates. A person’s financial status may also disrupt human connections and cause them to rethink their place and purpose in the world. As a result, this Chicago Booth Review article offers a few basic reasons to explain why people prioritize money as their top goal.

Why do we prioritize money?

The article emphasizes that our connection with money appears to be rather standard, though not fully healthy, in certain ways. The article views money as a necessary tool for survival. Money offers you the ability to acquire whatever you need to live a pleasant life. According to the article, if one does not have enough money, the scenarios become less desirable. According to the article, a person dealing with scarcity typically spends a lot of time thinking about how to address little concerns like saving a few dollars. These discussions are frequently marred by the type of stress that leads to poor decision-making. This essentially means that a severe cash shortage forces us to adopt certain short-term financial remedies that might have devastating long-term consequences. Second, the article outlines that being front of mind, being given first and final chances, and always being given the benefit of the doubt are only a few of the benefits that money provides. Money has the ability to affect social ties as well. All these things together make humans prioritize money as their visible god, the article outlines. Finally, the article argues, “What if money played no part in defining position and opportunity, but was simply a tool easily available to obtain things?” The article concludes by suggesting that money will no longer be the subject on which humans spend so much of their time and effort as a result of this. This will spare humanity from spending their endless nights and valuable time pondering how to save and earn more, and will finally provide them with a taste of tranquility.

Being financially mindful is no longer an option for humans; it has become both a responsibility and a requirement. The aforementioned are a few reasons why humans prioritize money as their primary objective.