Gov William Weld on Yahoo Finance. – YouTube
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It is one of the more regrettable aspects of human nature that people apply blame to innocent associates and things for their own abhorrent behavior. This is not a new phenomenon, as examples of such conduct can be traced back hundreds of years. For example, the renowned phrase ‘money is the root of all evil’ is an adaptation of the bible verse ‘the love of money is the root of all evil’, which is a clear criticism of greed and how it creates deceit and ill judged conduct within society.
However, the contemporary adaptation of this phrase suggests that it is money which stands as the significant factor in all that is wrong with the world, and not the people who handle and abuse it. This is an entirely inaccurate and irresponsible conclusion, as it absolves individuals of their duty to spend and save money responsibly. A simple phrase it may be, but its meaning is a clear indication of the blame culture that exists with regards to personal finance and expenditure.
The Concept of Financial Infidelity
The concept of financial infidelity is a further example, and is the process of one person keeping financial secrets and trends from their life partner. Instances of this behaviour seem to have increased during the global recession, which suggests that people have taken to creating their own individual financial safeguards even within a relationship of marital environment. There may be may potential reasons for this, but these issues are more likely to be the cause of the deceit rather than the presence of money itself.