The Masters Money Mentality is a mental conditional suffered by a great many so called adults around the world. However, it has run rampant in first world nations where people have become spoiled and feel life is about acquiring luxuries while trying to create a delusional paradise that simply can’t exist. They also see themselves and those they deem important as Masters while everyone else is an expendable tool. The need to lavish themselves with “treats” stem from a place of low self-esteem and big egos that are the norm for our 21st century society. The idiocy begins in childhood since this condition is childish in nature. The prime example is when kids are given an allowance and love to spend it on toys, candy and other treats. Then when instructed to spend it on school supplies or something else they don’t care about they pout and have a fit.
The Poor and Middle Class Fall Prey To The Masters Mentality
The equivalent of this is seen in adults who have no issue lavishing themselves, family, or friends with luxury treats that serve no purpose other than selfish pleasures. Yet necessities are a begrudging expense. The Masters Money Mentality is seen in both poor and rich alike. For instance we have so many in the lower class who need that 52 inch plasma television with giant speakers along with the complete cable TV package. However, then they claim they can’t afford to pay the rent or electric bill. Also there’s plenty of money to go out partying at the taverns and night clubs. Perhaps even indulge in some gambling. It hits their primitive pleasure centers and makes them feel good like a simple animal. Despite the fact that logic and common sense should create the opposite effect. They should feel the dread of wasting money and facing bills for necessities they can’t pay. This often causes them to charge everything on credit cards and eventually claim bankruptcy. Some even go on government assistance while refusing to give up their luxuries.
The Wealthy And Big Businesses
The rich will consider money no object in their continued obsession with collecting material items, globe trotting and partying like it’s 2099. Yet if someone wants a legitimate extra penny from them they get very offended as if they’re being taken advantage of. They will often look to pinch pennies on things that are once again not treats to savor within their luxury lifestyle. They will question expenses for repairs and necessities as if they assume they’re being ripped off. They will procrastinate on various things that really aren’t that much money compared to their nutty luxury spending since it’s not a treat. Not one penny shall be taken away from their mountains of cash set aside for their personal enjoyment! Naturally they donate to charities for appearances and tax breaks. Sometimes they give to make themselves feel special like a good person. Again this selfishness is usually for their benefit only.
We also see similar behavior in businesses who are selective in their expenses. Super benefits packages, miscellaneous luxuries and lavish parties for valued employees are seen as necessary expenses. Meanwhile, they look to cut costs on an armada of little non-luxury things and hold off on much needed repairs and other expenses as if they have no money. Compared to the luxuries any savings are a joke! A sound business is always thrifty across the board while being reasonably generous to their employees. They shouldn’t partake of silly expenses that in some cases may appease employees who are looking for a raise. In the end, the day of the Masters Money Mentality will only pass when money no longer exists in an advanced Post-Scarcity Economy. A world where automation, unlimited renewable energy, and raw resources from space run rampant allowing all to indulge in the sweet luxury life…A day when the plutocratic elites lose their power on the greater populace!
Note: Plausibly many will find this offensive and it doesn’t apply to everyone. If you indulge in luxuries, pay your bills on time, and don’t hold off on necessities then you don’t suffer from the Masters Money Mentality. Particularly if you don’t act selectively miserly on small things amid you luxury spending spree!