On this occasion I would like to talk about what are the disadvantages of money. Of course. And it is that all that glitters is not gold, but that does not mean that it is bad, we just have to know how to use it. To do this, let us know the cons and be careful.
Those who follow us will say that we are crazy hahaha and recently we talked about how money is not bad (being rich is bad, ideology that put an end to success!). However, it is not a contradiction in terms; every powerful tool must be masterable. It’s like in the movie “You must prevent thing X from falling into enemy hands” because it is so powerful that it can do a lot of good but also a lot of damage.
Therefore it is necessary that we know the disadvantages of money. So we will know how to take care of ourselves and use this powerful tool.
What are the disadvantages of money?
The downsides of money start with the “power” it can give you. Having money or lots of money means you can get almost anything they have. So I’ll start with the first con:
1- It makes you think that you can have it all and that’s not the case at all!
A sign that you are suffering from this disease is that you are running out of money and wasting it without thinking about more important things. Can you imagine having a lot of money? You start overbuying material things until you can’t get enough of them and want to buy things that aren’t meant to be bought. Such as power, sex … and the latter not from women and men dedicated to these businesses, but from anything you want.
From there come the inconveniences, the obsessions, etc. And it’s just an example, because we can also talk about wanting to buy properties that are not for sale or positions that are hard to earn. No doubt it brings you many problems because because people refuse to play along with you, you can become so obsessed and crazy about doing what you want.
The advice at this point is that you realize if you were such a person with money. Are you a dominant person who likes to do whatever he says? If so, it’s time to work on it and get rid of this negative trait. Well, when you have money you only bring troubles for the people around you and of course for yourself.
2- It can go from a humble person to an arrogant person
It’s not the first time we’ve seen a person change completely from one day to the next because “they won the lottery”. And that has two reasons:
- He wasn’t humble, he just had nothing to rise to.
- The new environment has shaped him.
And the fact is that money as such does not change anyone, but it influences. By having money, you may share with people of high financial standing, and many of them may have arrogant attitudes that absorb you. They may already be so comfortable that they forget what the poor are suffering etc. So we can say that one of the disadvantages of money is that it is very likely to put you in an environment where you lose your humility.
The advice is don’t forget where you came from. Whether you feel good or not, always remember what a good person you are. Otherwise, even though you think you’ve managed to have a lot of money, the reality is that you’ve failed.
3- It can make you give up the business
Another disadvantage of money is that it can meet many of the needs that led you to become an entrepreneur. And since you really did not feel passion for the business, the sector, but only for the money, give up entrepreneurship!
This has many disadvantages. One is that you feel so good that you stop working and when your money runs out you are poorer than you were before. Another disadvantage is that the people who have benefited from your business will have no one to turn to. Or maybe yes, but they don’t have you who they felt offered the ideal service or product.
So we have to keep in mind that our business is not only a money making machine for us, but also a winning machine for our customers. The advice is that you have passion for your business, your industry, etc. If you have passion, i.e. become a millionaire overnight, the business will continue.
4- It can make you literally feel an object or bank
When you have money, “friends” come out where none were, loved ones come out, followers, etc. And even if they make it seem like you’re their target, it’s actually your money. This makes many people feel like an object or just a bank since they are only looking for it for financial purposes. Which often hurts. Having money is a challenge, you don’t know if the people around you really love you or this great tool.
Therefore, you should not forget where you came from, your friends and family who were still with you in poverty. It’s more likely that if they love you, it’s you. But like I always say, I don’t like to generalize, so you should also consider the following:
- Not everyone you meet after making lots of money is bad, nor is everyone good.
- And not everyone you met when you were poor, now that you have money, is good, nor is he bad.
As for that last point, remember that even money can change you. Who says it can’t change the people around you too? So be very careful, the advice is to be very careful who you trust.
We have already encountered 4 disadvantages of money. If you think there is more, which is certainly the case, please let us know in the comments. They will be very helpful to other entrepreneurs like you. Without further ado, I can only say goodbye and wish you every success. A big hug! See you next time!