October 25

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Symbols of Wealth and Status

The psychology of money and wealth is interesting. Take this, for example.

Someone drives a $100,000 car. That's a symbol of wealth. "That person is wealthy," you might think.

But, consider this.

By purchasing a $100,000 car, that person is now $100,000 less wealthy. Because they lost $100,000, spending it to buy the car.

Or, take the busy entrepreneur or executive who boasts a 90-hour work week. Sure, it may come with a huge salary. Maybe it comes with a level of status.

But that person is also losing the time that could have been spent on other things. Personal wellness. Time with family. Learning a musical instrument.

Work may think they're a superstar. But from the perspective of others or even themselves, not so much.

Whenever we automatically think of someone as wealthy, powerful, or of high status, there's always a flip side.

Symbols aren't as simple as we think.

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About Jonathan Roberts

I am the founder and director of the South Shore Piano School, and I have been teaching the piano for nearly 20 years. My work centers around bringing music to the lives of kids, parents, and adults in an enriching, meaningful way. At the South Shore Piano School, my incredible colleagues and I accomplish this through skill-based teaching, community, and an innovative, people-first business model. You can read more about me here.


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