How Does Psychology Influence Money Management?

I happen to come across a popular post regarding a company's finance department on social media. "Seriously, that person in the sales department is such an idiot! All I wanted was to claim reimbursement under her name for the bag I bought, and yet she still refused! "Since she doesn't want me to reimburse my bag, then she can forget about reimbursing everything! This time, I'll teach her a lesson about what happens when she offends a member of the finance department!" There are many bashing comments in the comment section, but the original poster doesn't care at all. She continues adopting a haughty tone. "What am I scared of? The finance department is extremely vital to the company! I refuse to believe that the boss has the courage to offend me, the most important person alive, just to stand up for a sales employee who's easily replaceable!" As I stare at the familiar profile picture belonging to the original poster, I can't help but mentally sneer. She wants to suspend all of my reimbursements, huh? Go ahead, then! This time, I'd like to see what the consequences are for offending a member of the finance department!

On my way to the bank, I stumbled across a post: [What's the most shameful thing you've done behind your partner's back?] One comment stood out: [I secretly married my first love, and my girlfriend keeps dumping money into our joint account like an idiot. She actually thinks I'm saving for a house. There's already sixty-seven grand in there. Once she hits eighty, I'm taking it all!] The flood of likes made my stomach twist. I pulled up my account balance. Sixty-seven grand. Not a penny more, not a penny less. So, my boyfriend secretly married his ex.

On the third day after our divorce was finalized, my ex-wife, Georgie Anderson, sent me a text message. [Why haven’t you transferred your salary from this month to me?] I thought she was joking. [We’re already divorced.] [So? What does it matter if we’re divorced? You should transfer nineteen thousand dollars from your twenty-thousand-dollar income, just like you did before. The remaining one thousand dollars will be your pocket money. When you were unemployed, I was the one who took care of you. Now that we’re divorced, you’re turning your back on me?] I stared at her text messages and fell silent for a really long time. Throughout our three-year marriage, I gave her nineteen thousand dollars out of my twenty-thousand-dollar salary. She was responsible for "budgeting" our household expenses. However, she spent my money on her civil service exam, afternoon teas with her besties, and even on her study partner, whom I’d never met. As for me, I handled all the house chores—cooking dinner, mopping the floors and doing the laundry. But when I took a little time after work to game, she would yell at me for being lazy. She was demanding money from me even after we were divorced. Her reason was that I might spend the money without thinking. I blocked her number. Three seconds later, she sent me a text message from another phone number. [You’ll regret this. I’m trying to help you one last time.] I laughed. ‘Helping me?’ I thought. Nobody had ever helped me in the past three years.

Yelena Moon, the new intern, claimed to be someone who could bring wealth to everyone. Apparently, the lottery numbers she had her eye on would definitely win a prize. Everyone lined up to get her to buy lottery tickets for them. Surprisingly enough, they became millionaires overnight. But I soon realized that whenever Yelena won a lottery prize, I'd lose money to all sorts of incidents and accidents. I might suffer from a bone fracture one day, only to get into an accident that required a surgery the next day. Even my own luck started to run out when it came to my own wealth. I kept failing my investments while racking debts nonstop. In the end, the loan sharks came knocking on my door. My senses were all frayed at that point. In a fit of despair, I demanded answers from Yelena, only to get scolded by everyone else. "What do you mean Yelena swapped out your luck for hers? I think you're just jealous of the fact that everyone's getting rich now!" "You can't even retain your own wealth, and yet you have the guts to frame a young woman for such nonsense! People like you are absolutely toxic to this world!" I tried my best to defend myself, but not even my own dad believed me. To rub salt into my wounds, he even treated Yelena as his own biological daughter and kicked me out of my home. Later on, someone tossed a sack over me and kidnapped me. After torturing me to no end, they threw me off a high building, I was crushed beyond recognition. When I wake up again, I've returned to the day Yelena is flaunting her financial luck. Upon noticing how smug she looks, I start buying lottery tickets like mad. "What a coincidence! I'm also super lucky when it comes to wealth!"

After I resign from a private company and move to work at an overseas company, my salary has increased by leaps and bounds. My wife, Vivian Spencer, who's always been smart about money, suggests that I turn in all of my salary. At the same time, she will decrease my allowance. Her reasoning is that she needs to use my salary on our family's daily expenses, so she can't spare me a single cent. As I watch Vivian record all the expenses dutifully, I can't resist asking, "What about your salary, then?" Vivian replies in a matter-of-fact tone, "I'm saving it up for our retirement pension." I don't bother responding afterward. Since then, I start spending every single cent of my salary, as per Vivian's suggestion. When Vivian notices the stream of packages being delivered to our home, she finally can't take it anymore. Upon hearing her question, I tell her happily, "You were the one who said that my salary is meant for our family's expenses!" Vivian exclaims in shock, "What sort of family do you think we are? As if we can afford to spend this much money every month!" What a joke. It turns out that Vivian knows that a regular family's expenses can't possibly drain every single cent of my salary in one go.

After I switched from a private company to a foreign enterprise, my salary rose accordingly. My husband, who was always frugal, suggested that I hand over my entire salary to him. He claimed it would be used for daily household expenses. Watching him calculate the numbers, I asked, “What about your salary?” He said casually, “I’m saving it for our retirement.” I said nothing and followed his instructions. I spent my entire salary within a month. My husband finally felt uneasy when he saw how many packages kept showing up at our home. Seeing his doubts, I happily said, “You’re the one who said to use my whole salary for household expenses.” He exclaimed, “What are we, the Rockefellers?! How can one month cost this much?” That was funny. It turned out that he knew that a normal family’s expenses would never take my entire salary.