Why are some people so negative and always worried about money?
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Anonymous
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My retired dad is wealthy compared to most retirees his age. Yet this man is always negative. He always send me articles every time there is some bad economic news. He goes into a gloom and doom rant. He always cries poverty despite taking home $10,000/month as a retired 70 years old. He has a pension. He has amazing health insurance. He has no debt . His home has been paid off for 20 years. He has paid rentals. he has investments. And yet he keeps crying poverty. This month one of his tenant is leaving. OMG now he doesn't know if he will survive financially. I love my dad but this seems like a mental illness. I feel bad for my mom..she is the total opposite.
It's exhausting. Do you know people like that? Why are they so preoccupied with money despite having enough cushion?? |
Anonymous
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If you worry about money for too long, it's impossible to stop worrying about it.
My grandpa only let me order from the appetizer section of menus when we'd go to dinner. Then he died and we found out he was a multi-millionaire. |
Anonymous
God so hate people like that. One my friend is similar to your dad. I think it's undiagnosed anxiety. Men don't know the signs of mental health distress. And the worst thing someone can tell.jsnis that we are anxious. It's just anxiety OP. He needs therapy. But good luck telling a man born in 1955 that he needs to see a therapist lmao |
Anonymous
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People like that are usually quite wealthy, but they die unhappy. What's the point of living of you can't enjoy your money by taking part in all the life experiences available to us.
People don't talk about the unhappiness of people who practice FIRE, but the level of intense stress these people put themselves through is not only bizarre but sad. |
Anonymous
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He suffers from undiagnosed anxiety.
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Anonymous
| Sometimes it's a lack of perspective and gratitude, anxiety. So many on this board have this issue: millions saved but still think the sky is falling. I get it on some level because I was a poor young woman and the scarcity mindset stayed with me, but I really try to catch myself and not think that way anymore. The book The Psychology of Money was very enlightening on the topic. |
Anonymous
| Seems unhealthy, but it's not really abnormal for a lot of people to have a difficult time transitioning to drawing down their investments. Lots of people become millionaires by being thrifty, and once you refuse to waste any money whatsoever, it just becomes a part of who you are. This is an extreme case though lol |
Anonymous
This can be related to childhood experiences. It is hard to imagine the hardship that many of our older population (esp immigrants) have gone through, and they are afraid of losing everything. It’s not necessarily a bad thing. |
Anonymous
| Scarcity mindset is an actual mental illness |
Anonymous
His parents and grandparents probably told him stories about the Great Depression that were scary. |
Anonymous
| Tell us about what money was like for him and his parents in his childhood. |
Anonymous
| It's clear as day that he is not quite well in the head. Even therapy and modern medicine can't fix it for him and you are asking him not to worry? |
Anonymous
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My multi millionaire cheap ass uncle drove a Yugo when I was a kid and also flooded out his house because he would turn the heat down really low in the winter lmao.
Weird guy and ridiculous, but I don't think this qualifies as mental illness. |
Anonymous
I think it's mental illness, not just weirdness. When you do things that can be detrimental and damaging to yourself and your family for the sake of being frugal it beats the whole point of being frugal (which is to feel security and comfort). It's illogical. People who are frugal to the point where they create hardships (which money is supposed to solve) are mentally damaged or have some sort of personality disorder spectrum. |
Anonymous
| Mo money, mo problems |