Chapter 1: The Inner Self Revealed Through Spending

The manner in which you allocate your finances can serve as a mirror to your inner self. Have you ever pondered this?

Money serves as a helpful tool but can quickly become a tyrant. Each person possesses a unique belief system when it comes to spending. Some individuals cherish earning but recoil at the thought of spending, while others find joy in expenditure without regard for saving. There are also those who generously spend on others yet hesitate to treat themselves. This phenomenon is referred to in psychology as one's "money personality." It encapsulates an individual’s perspective on finances, their beliefs, and emotional responses, all of which shape their financial behavior and reflect their psychological state.

Money can reveal the depths of the human spirit—some become fixated on it, while others maintain a sense of tranquility. Particularly concerning consumer attitudes, the ways individuals manage their finances often unveil their fundamental values and character traits.

It is essential to recognize that spending habits have long been indicative of one's true self.

1.1 Hedonistic Spender: Living for the Moment

Consider the hedonistic spender, who thrives on earning and spending, finding delight in the present. During a recent visit to my hometown, I encountered a poignant story about a neighbor who was once the envy of many but now faces personal and professional hardships.

This neighbor, who left school early to work in a factory, demonstrated remarkable adaptability and emotional intelligence, quickly ascending from a basic worker to a managerial role. Over twenty years ago, he earned nearly ten thousand yuan a month, far surpassing his peers. At that time, he was a figure of prestige, flaunting branded attire and an imported vehicle, frequently treating the entire village to meals and gifts.

Despite his parents' counsel to save, he often chuckled, declaring, "Money is meant to be spent; what’s the point of having it if you can't enjoy it while you're young?" Unfortunately, his extravagant lifestyle caught up with him. By his thirties, despite a flourishing career, he had accumulated no savings or property. Eventually, after marrying a local woman and having a daughter, his spending habits led to marital strife. Last year, after his wife grew weary of his lack of ambition, she filed for divorce, taking their only car in the process.

Just as the ancient text "Wen Zi: On Benevolence" advises, one should not deplete resources for short-term gains. Enjoying life is essential, but it should not come at the cost of future stability.

The first video titled "The emotions behind your money habits | Robert A. Belle" delves into how our emotions influence our financial choices. It highlights the underlying psychological aspects of spending and saving.

1.2 The Generous Giver: A Quest for Approval

Have you encountered someone who goes to great lengths for their loved ones, often at the expense of their own well-being? This type, often characterized by their need for validation, may seem outwardly popular but often struggles with self-care.

Consider an internet user named Momo, who dedicates her financial resources to her husband and children, splurging on their needs while opting for the most economical options for herself. On her birthday, when given a bonus by her husband, she spent a mere fraction of it on herself, instead using the funds to prepare a special dinner. Despite her sacrifices, she feels overlooked and unappreciated, often left to cover bills on outings with friends.

Her story encapsulates the saying: being too generous can lead to being taken for granted. Genuine connections cannot be purchased; they are nurtured through emotional support and mutual respect. It is crucial for everyone to learn to value themselves, as true respect and admiration come from within.

The second video titled "How to Stop Stressing About Money" offers valuable strategies for overcoming financial anxiety and emphasizes the importance of self-worth in financial decisions.

1.3 The Cautious Saver: Security Over Pleasure

While many find joy in shopping and spending, there are individuals who experience anxiety at the thought of expenditure. This group, known as prudent savers, prioritizes security and financial stability.

Take, for instance, Fu Shouer, who grew up with a fear of poverty. Even with a modest income, she found ways to save and often went without new clothes to manage her family's finances during challenging times. Reflecting on her past frugality, she now recognizes that excessive restraint can rob one of life’s pleasures.

As the saying goes, being overly reluctant to spend can stem from past hardships. Many who have faced difficult times lack the confidence to enjoy life fully. It's essential to strike a balance between planning for the future and embracing the present to enrich one's life.

1.4 The Visionary Investor: Fueling Dreams

The aspirational type invests in their dreams and harbors grand ambitions. A notable example is Lei Jun, a billionaire known for his unpretentious attire, often donning budget-friendly clothing.

Lei Jun's story serves as a reminder that while he may live simply, he makes significant investments in his vision. His commitment to his alma mater and consistent donations reflect a deep understanding of the value of money beyond materialism.

The book "The Soul of Money" articulates the idea that money embodies a spirit, revealing one's vision and discernment. Those with a broader perspective on spending recognize that true fulfillment lies in meaningful investments in their dreams and aspirations.

In conclusion, while money plays an important role in our lives, it should not dictate our existence. Balancing present enjoyment with future planning and self-love is vital for a fulfilled life. May we all cultivate wisdom in our financial decisions and lead happy, stable lives.