Why Do Ordinary People Have Money Problems?



It is everywhere around us but it is not a raw material. We need it, without it being necessary for our survival. It is at the center of all our lives without being necessary to our social relationships… You have understood, we are talking about money, of course! Whether we like it or not, whether we are in it or not, our social and economic system runs with and through it. It is a fact that ordinary people, despite the qualitative actions that are specific to them, still struggle to maintain their relationship with money. Who is an ordinary person? Why do ordinary people have problems with money?

I-What do we know about money?

A first concrete definition can be found on the website lesdefinitions.fr. Briefly, we learn there that money is a “means of exchange that is accepted by a society to pay for goods, services and all kinds of obligations“. It is also an “intermediary in exchanges (easy to store and transport); a unit of account, insofar as it makes it possible to measure and compare the value of products and services that are quite different from one another; and it is a store of value, which makes it possible to save money.

II-What if ordinary people were responsible for their divorce from money?

1- Ordinary people accept being underpaid

It’s not hard to recognize ordinary people in our daily lives; maybe we are one of them. They are the first to show up at work and the last to leave. They often work overtime. Ordinary people are the ones who like to work a lot but at the time of payment are the ones who are paid less in their company. Because of the fear of losing their job, which most of the time is their only source of income, they prefer to keep silent and accept the poor remuneration for heavy work.

2- Ordinary people have money problems

Ordinary people are often spendthrifts, as soon as money comes into their account there are always unforeseen expenses, so that in the end they do not manage to save. Besides the mismanagement of financial inputs, ordinary people tend to give too much despite being in precariousness just to keep the loyalty of their social relations.

3– Lack of financial audacity or investment

Ordinary people are getting poorer and poorer not because of the capitalist society, but because of lack of financial literacy. The rich have a financial culture from their early childhood. They learn at a young age to manage money and see their parents invest. They will therefore be able to perpetuate the tradition and develop their bank account.

If ordinary people, who represent the majority of people in the world, also had this financial culture, they would be able to invest and reap the fruits of their modest but beneficial investments. Lack of financial literacy is the real reason why ordinary people are getting poorer and poorer in a capitalist world.

4– Ordinary people’s belief that “money does not make you happy

This conception of the value of money increases the level of precariousness of ordinary people as they prefer to live a life of subsistence rather than the perpetual search for wealth or money. This statement is ridiculous in our age, which is visibly dominated by consumption.

Indeed, happiness is by definition the psychological state that results from the realization of one’s values. These values are the goals for which a person acts in order to obtain or preserve them. They are the things that a person wishes to have or do and that he/she cares enough about to act in order to appropriate them. Values can be material or spiritual. So even if money does not make happiness, money is essential to happiness, not to say that money buys happiness.

Human beings are not brains in vats. We are physical and spiritual beings as well as conscious organisms. That is why we have material needs. Money is an instrument in the satisfaction of these needs. It offers the possibility of exchange to obtain the necessary goods.

This does not belittle or underestimate the spiritual dimension of life. For many people, it is precisely certain spiritual values that make life worth living. Nevertheless, what enables us to pursue spiritual values, at the most basic biological level, is the satisfaction of our physical needs. Certain material basics are indispensable. It is ridiculous to minimize this fact or to proceed as if it were somehow not the case. Even the missionary or ascetic needs a place to rest his body, food to eat and medicine to cure his illnesses.

In reality, spirituality is empty outside the material world. A person cannot live or enjoy anything while disembodied. He must satisfy his material needs. Money is the way to do it. It is the way to obtain the goods and services needed to maintain one’s life. Money is synonymous with wealth, whether in monetary form or in goods that the individual produces and could convert into money. Without money, he cannot acquire the things on which his survival depends.

From all the above, it is clear that ordinary people have habits that keep them in precarious conditions. Their lack of money is indeed the result of several factors, of which they themselves represent 95% of the explanatory factors.

Investment instead of spending habits, rationalization of financial gifts, a positive philosophy and conception related to money can enable ordinary people to stop lacking money.

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