top of page

Money Matters: The Power of Finances in Shaping Our Upbringing

Discussing money is not a favoured topic among many people however the influence money has on our lives and choices are significant. Therefore throughout this blog i'm going to be discussing what impact money has on us and how money shapes peoples upbringing.

Money has a profound influence on people's upbringing and can shape their lives in numerous ways. It can affect the kind of childhood experiences children have, the kind of education they receive, and their future opportunities as well as their personality and the person they become.

One of the most fundamental ways in which money affects childhood experiences is through the quality of care that children receive. Children from families with more money are more likely to have access to high-quality medical care, dental care, nutritional food, and housing. They are also more likely to have access to and take part in extracurricular activities, such as music and/or sports lessons, and are more likely to participate in travel and other cultural experiences. These experiences can provide children with a wider range of opportunities and help to foster their intellectual and creative development which in the long term sets them apart from other children. Another important way in which money affects upbringing is through education. Children from wealthier families are more likely to attend high-quality schools through private schooling and tuition. This provides them with a better education and helps to prepare them for future success. This life may seem like the dream for some however it has been found that children from wealthier families tend to be more distressed than lower-income children and are also at a high risk for anxiety, depression, substance abuse, eating disorders, cheating and stealing. In contrast, children from lower-income families may struggle to afford a good education, which in the long run can limit their future employment opportunities and earning potential.

Money has also been found to shape individual’s upbringing through the values and beliefs that are passed down from one generation to the next. Children from wealthier families may be taught values that emphasise achievement and success, while children from lower-income families may be taught to value other things such as community and cooperation. These differing values can shape the way that children view the world and their place in it which in turn can have a lasting impact on their life choices.

The impact of money on upbringing can also be seen in the kind of relationships that children develop. Children from wealthier families may have more opportunities to form relationships with peers from diverse backgrounds, which can help to broaden their perspectives and discover new opportunities. Children from lower-income families, on the other hand, may have more limited opportunities to form relationships with diverse peers, which can limit their exposure to different perspectives and experiences.

Additionally, some say that money can shape or upbringing by affecting the kind of role models that children have. Children from wealthier families may have access to successful, high-achieving role models, who can serve as inspiration and provide guidance on how to achieve success. Children from lower-income families may have more limited access to these, which can make it more difficult for them to envision a successful future.

Some may argue the fact that children from wealthier families having access to more opportunities in life compared to their less affluent peers is unjust and unfair. In this day and age there is also a common belief that wealth provides immunity to consequences therefore, those with money have been seen to get away with alot, especially in the eyes of the law.

This argument can be viewed and discussed from many different aspects and directions, but overall it would be safe to conclude that money plays a significant role in shaping people's upbringing and can have a lasting impact on their lives. For some people it can have a positive impact whereas for others it can be the opposite. Money affects the quality of care that children receive, their education, the values and beliefs, the relationships that they form, the way that they view and experience stress, and the kind of role models that they have. Understanding the influence of money and the value of money from an early age is vital in shaping an individual. It is also important to understand this for developing policies and programs that can help to ensure that all children have access to the opportunities and experiences that they need to succeed. The differentiation between the rich and poor which has been discussed throughout this blog is one of the main reasons that people have the belief that long term financial stability is a crucial aspect for achieving a fulfilling life.

Recent Posts

See All

Cash Is King

The evolution of money In 7th century B.C Rome, coins were minted near the temple of the goddess Juno Moneta, which gave us the words 'mint' and 'money'. Money has been a sacred possession for centur


bottom of page