Delusion of Poverty

1137 WordsMar 11, 20135 Pages
Poverty and Progress: Are we suffering from delusion of poverty? It is indeed that most Filipino today suffers from delusion of poverty which is a false belief of a person that he or she is impoverished or will be deprived of material possessions or a person’s mindset the he strongly believes that he is financially incapacitated. Many people will use the excuse of this is the way I was born or this is my environment and I cannot change it. Through these statements it shows that most of the time it is because of your own mindset the reason you are where you are today. We have all heard, you are where you are today because of what you did yesterday. If you didn’t change or plan ahead yesterday, then you can expect today to be…show more content…
Other adults: primarily your parents. We spend the way they spend. We value what they value. We carry their views on most things. So if your parents spent foolishly, their actions taught you to spend foolishly. If your parents spent wisely, you would gravitate towards wisdom in finances. If your parents were really wise they would have explained why they spend the way they do and how to by-pass financial failures through proper money management. People who grew up hearing a language of poverty that sounds like this: “we can’t afford it”, “we don’t have the money”, “that’s for the rich people not for us”. All of those statements are victimized, poverty statements. Change your language, and you change your financial future. Even the rich people suffer from delusion of poverty according to the Philippine Daily Inquirer (2007, January), “As the economy dips precariously, people who still have a lot of means are freaking out”. According to Dr. Kotbi from his interview in New York Times (2009,Jauary) he had a wealthy woman patient, worried about whether she would have enough money to buy groceries, refused to eat. Another patient, a real estate investor grew so paralyzed by financial fear that he asked his wife, who had hardly paid a bill in her life to take over the family finances. Dr. Kotbi said they often suffer “delusions of poverty” which is in the Diagnostic and Statistical Manual of Mental Disorders, associated with psychotic depression and despite
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