One of my favorite quotes about wealth and personality is by Steve Harvey: ““Money and power don’t change people; they allow people to be more of who they are.”
And I’ve often said that: “The rich, in general, are no more corrupt than the poor.”
But a new study by Paul Piff found that great wealth is associated with great narcissism.
And we all know that “Money is the root of all evil.”
But not really. The above is a misquote from I Timothy 1:10, which more accurately reads: “For the love of money is a root of all kinds of evil… (NIV).”
And Matthew 19:24 warns that: “it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God (NIV).”
But Jesus immediately follows His statement above in Matthew 19:26: ““With man this is impossible, but with God all things are possible (NIV).”
And the question of the relationship between wealth and personality has burdened me for the better part of my entire life, having grown up as (what might now be termed) a 1%-er.
But today I comfortably struggle in the middle 50%.
And deep down it frustrates me to know I will never even knock on the door of 1% again.
But maybe that’s good.
And I would love your thoughts.
© 2013, Dr. Phil Bryant
Dr. Bryant is an Assistant Professor of Management at Columbus State University, and co-author of Managing Employee Turnover.