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Simplicity to Friends has generally been a reference to material possessions. Friends have often limited their possessions to what they need to live their lives, rather than accumulating luxuries. The testimony is not just about the nature of one's material possessions, but rather also about one's attitude towards these material goods. [1]
Despite his $145 billion fortune, Warren Buffett values time far more than money. Discover why the iconic investor believes reclaiming time is the best investment anyone can make.
Shakespeare Sacrificed: Or the Offering to Avarice by James Gillray The Father and Mother by Boardman Robinson depicting War as the offspring of Greed and Pride. Greed (or avarice) is an insatiable desire for material gain (be it food, money, land, or animate/inanimate possessions) or social value, such as status, or power.
The word "mammona" is quite often used in the Finnish and Estonian languages as a synonym of material wealth. In German, the word "Mammon" is a colloquial and contemptuous term for "money". Usually as a phrase in combination with the adjective "schnöde" ("der schnöde Mammon" = the contemptible mammon). [21]
The Diderot effect is a phenomenon that occurs when acquiring a new possession leads to a spiral of consumption that results in the acquisition of even more possessions. [1] [2] In other words, buying something new can cause a chain reaction leading to one buying more and more things. Each new item makes one feel like one needs other things to ...
Instead, research shows that purchases made with the intention of acquiring life experiences, such as going on a family vacation, make people happier than purchases made to acquire material possessions such as an expensive car. Even just thinking about experiential purchases makes people happier than thinking about material ones. [20]
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Lobh (Gurmukhi: ਲੋਭ Lōbha) is a word derived from the Sanskrit (लोभ), which translates in English to "greed"; it is a strong desire for worldly possessions and a constant focus on possessing material items, especially the urge to possess what rightfully belongs to others.