The fear of money is real. A silent condition that affects many people around the world. Sometimes, without those who suffer knowing it.
For better or worse, money is always present. It conditions the world and humanity. Many consider it like a god. For others it is a cancer. An evil entity responsible for a crisis that kills the planet.
Not having money is a problem. There is no need to illustrate the difficulties involved by the lack of capital to ensure one’s own existence. But sometimes having it becomes a real problem. A chaotic scenario with results that can be catastrophic.
Chrometophobia: the “scientific name” for the fear of money
Although this is the term to refer to the extreme fear of spending money, it is not an official name. Beyond the fact that no one doubts the existence of this disorder, the World Health Organization has not included it in the International Classification of Diseases.
There are many triggers that can originate this condition. From genetic factors to experiences with traumatic effects.
Like any phobia, the perception of a latent threat manifests itself in a completely disproportionate way. In the most critical cases, those affected may be left without buying basic necessities.
Common symptoms
- General deterioration of all interpersonal relationships.
- Do not spend money on anything, at any time. Even in essential things.
- Refuse items like credit cards.
- Excessive anxiety.
- Tachycardias.
- Constant feeling that there is danger of theft. Either physically or digitally (some hacker who breaks bank security and empties personal accounts).
- Sleep disorders.
- Need to constantly review account statements.
Causes
As mentioned above, the triggers are diverse. Some are beyond people’s control. But others don’t.
Fear of money can be a consequence of poor financial education. There are those who are convinced that they are not capable of managing their money and using it well, so the option is not to spend it.
Upbringing also plays a fundamental role in the appearance of chrometophobia. Kids who grow up watching their parents constantly argue about the state of the family economy or about the existence of expenses that can be described as superfluous, often blame money for these crises.
Money doesn’t give happiness
A phrase repeated ad nauseam, frequently adopted as an immovable mantra. But one way or another, money is necessary. And it plays a central role in the welfare and happiness of everyone.
