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1. Wanting It All

But although Ebenezer Scrooge and his ilk are portrayed as misers with serious money, greed can sometimes make you poor. Here are six examples of the way greed can eat away at your pot of gold. Not content with their lot in life, some people look at all those things they could have that make life even better. Or so they think, anyway. The 80 inch flat screen TV. Sadly, all those expenses have to be paid, and it can lead to crippling credit card debt, loans that cannot be paid back, and the eventual loss of everything to pay back creditors.

6 Ways Greed Keeps You Poor

Happiness from those items is fleeting anyway. When greed manifests as the intense and selfish desire for food and drink, it can lead to a plethora of health problems. And as we all know, health care can be very expensive in the USA. While there are definitely other factors involved, including depression and other mental health issues, greed can contribute to a whole host of health problems from drug abuse. Recovery can be costly. And then there are the other problems stemming from an excessive lifestyle, including time taken off work, a lack of drive or motivation, and the sheer expense of maintaining that kind of diet.

Greed can make people do some strange things, which leads to committing unlawful acts.

Sexual Prejudice

This does not mean they go out and rob banks, or scam people out of their savings online. And then, they get caught, and face a prison sentence and a career in ruins. One example is Scott London, a once successful audit partner at a huge accounting firm. London decided to start selling sensitive information about some of his clients to a friend.

However, for others, it may be something smaller that leads to the poor house. Cheating on taxes, even just for a few bucks, is a federal offense. And shoplifting as little as three belts, or a couple of jerseys, has landed people in prison for life.

2. Living to Excess

Goodfield was expecting a call, thinking the offspring wanted to attend the funeral and needed to know the details. Goodfield started The Blunt Bean Counter blog five years ago and recently compiled its best posts into a book. He found readers were most interested in the things they found hardest to talk about, including death and dying.


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He suspects the broad interest is partly demographic — the Baby Boom is benefitting from the biggest wealth transfer in history. Of those who have not received one, two-thirds believed they will.


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  8. The finding is similar to other studies, including one by Investors Group in It found that young people are the most optimistic about getting something. Eighty per cent of to year-olds expected an inheritance versus 48 per cent of Boomers, the to year-old group.

    Nietzsche on Love | Issue | Philosophy Now

    The parents have been a cash machine for the kids. Every spare nickel has gone into private schools, dance lessons, sports, home down payments and financial support while the kids build careers. The parents often neglect their own needs.

    Greed vs Love

    You can have something now: The majority falls into this category. Parents distribute excess cash along the way. They enjoy seeing the money put to use. The pragmatic loving child: They want their parents to enjoy life even if it means spending the inheritance. These kids are waiting for their parents to die so they can get the money. They pay little or no attention to their parents throughout their lives, but surface when their parents get old or sick.