Money and Mental Health

Howard, a senior citizen, hoards. He stashes money in the bank, which he says is for his future. He does not want to let his adult children know about it. So when he flies away, his children will not be aware of any of his father’s huge savings. In the meantime, Howard makes his children feel obligated to give to him a monthly allowance. He always feel insecure and worried regarding his material needs.

Money often reveals your state of mental health. Money “greed” is like sex, power, alcohol or drugs. The more you lust, the more you become dissatisfied! It never stands still. It keeps grasping. It is addictive. To be fulfilled, you’ve to keep increasing the dosage. That’s when it develops into a kind of mental health problem we can call greed.

In Howard’s case, the problem is not the saving of money. There are indeed times in our lives that need economy. The problem is the greed that motivates the saving of money. This greed is both psychological and emotional as much as it’s also spiritual. The anxiety over money that underlies the hoarding has much deeper roots that need to be attended to.

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