Does money cause depression?

It is very common at the moment to get obsessed with

  • How much money earn.
  • What we do with our money.
  • How much other people earn.

There isn't really a simple solution to this as we couldn't just stop money altogether together, could we?

Of course, depression, isn't something you really want. It makes you feel unhappy and constantly worried. And as the picture above shows (it may not be exactly the reason- it was the closest I could get) money shows it's often the reason. If you live in the city, you will find SO MANY people that are helplessly depressed. Money causes many problems and I came up with some long term solutions...

  • In stead of jobs like cleaning McDonald's, the government can employ people (that are trust worthy) to count up everyone's money. If they find that some people have lots and others don't, they could alert the government who would do something about it.
  • The government could take a little from the rich each year and give it out those who need it. This would be appreciated by those who need it greatly and hopefully the money We are borrowing will be given back after people have hopefully now got much better lives.
  • We could lower the prices of products causing less depression to people who struggle to buy things that they enjoy, rather than what they need to survive. Which will now be much easier to get if you are hard working and determined.

It's a shame that are money system doesn't work that way. However well thought out and hopefully these suggestions may be, it doesn't work. We couldn't suddenly employ loads of people and people that work in places like McDonalds (might) not be able to do the maths. The rich properly won't be happy with people taking money from their accounts. Then of course, if we lower the price of products, those companies won't get the money they need and then THEY end up not having much money to use for pleasure. I only have one suggestion that might be worth considering...

We open more job opportunitys, earn more money for our country by doing that, and STOP wasting the country's profit and resources on cheap, plastic toys.

Thank you for reading - what do YOU think?

Money is powerful, but we shouldn't let it make our lives miserable because of how much we earn.

Thanks!

Comments (11)

  • Olivia-Avatar.jpg Olivia @ the BNC 15 Nov 2018

    This is a good post, and I have awarded you a star for being sceptical of your own suggestions and thinking about the problems that they might cause.
    It's really important when talking about depression that we don't make assumptions. Depression is a serious mental health problem and a lot of the time, there is more than one cause for it. So I don't think we can blame money problems entirely.
    I'd like you to find out a bit about taxes, and the tax rate for higher earners. Then, I'd like you to find out what these taxes are spent on. You might find that your suggestion is already taking place!

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  • Boutcher-logo-250x250.jpg impartial_panda_bear
    Boutcher C of E Primary School 15 Nov 2018

    Hi Olivia - thank you for the star! Yeah, we have to be carefully though I found out that money is quite a large reason for people becoming depressed.
    I found out some answeres.
    This website was really helpful and SORT OF explained it in the simplest way I could find...
    https://www.gov.uk/income-tax-rates

    Reply to this comment
  • Noel-Park-logo-250x250.jpg capable_sea
    Noel Park Primary School 15 Nov 2018

    I think depression can be caused by money but sometimes money can cause good things for example giving money to charity or the homeless or even buying tea with friends but too much of everything is always unhealthy. On the other hand if you have to much money then you wont know what to do with it and you will get overwhelmed causing depression. People get often depressed because a family member died or something else that can cause trauma so they try to find themselves again by finding something like a teddy bear or in this case money to make them feel comfortable . But overall you cant blame money entirely for causing depression as depression is a really serious mental health problem.

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  • Olivia-Avatar.jpg Olivia @ the BNC 16 Nov 2018 in reply to impartial_panda_bear's comment

    Well done! Can you explain what it means?

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  • Boutcher-logo-250x250.jpg impartial_panda_bear
    Boutcher C of E Primary School 16 Nov 2018 in reply to Olivia @ the BNC's comment

    For me, the main points on that web were how much money comes in and the taxes we have to pay. I found this web after a lot of research as other websites were hard to believe and I didn't trust what they said. https://www.gov.uk/income-tax-rates explained everything with good reasons and seemed very sure if what they knew. I think that they know the actual facts and NOT rumours that other websites I visited seemed to get their 'information' from.

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  • Boutcher-logo-250x250.jpg content_lemon
    Boutcher C of E Primary School 10 Dec 2018

    I love this post idea and your thinking AND your ending! I agree that “money is powerful but we shouldn’t make our lives miserable because of how much we earn” !! Well said!

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  • Boutcher-logo-250x250.jpg impartial_panda_bear
    Boutcher C of E Primary School 11 Dec 2018 in reply to content_lemon's comment

    Hi @content_lemon, thanks I'm glad you agree! Have you done anything similar, I would find it very interesting to see your opinion in a more detailed explanation.

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  • Noel-Park-logo-250x250.jpg fearless_wolverine
    Noel Park Primary School 14 Dec 2018

    In my opinion, we shouldn’t lend money to everyone.

    One reason I believe this is because you don’t know what is going to happen to it. If you give your money to strangers, they might waste it on alcohol, gambling… Some people might also spend it on things that they don’t need. For example, they might spend it on something they already have or something that they will throw away right after they buy it. Also, some people lose money quite often and might lose the money you lent. These are both ways that money can be wasted.

    A second reason is that some people are not honest. They might not give back the money that you lent to them. If you lend money, some people will use your money to do something and then move away.

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  • Tiff-Avatar.jpg Tiff @ the BNC 14 Dec 2018 in reply to fearless_wolverine's comment

    This is quite a negative view of those borrowing. Can you question your reasoning here. Is this the case with everyone who borrows money?

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  • Boutcher-logo-250x250.jpg content_lemon
    Boutcher C of E Primary School 14 Dec 2018 in reply to impartial_panda_bear's comment

    I've not done anything similar, no, but I must say, this inspired me; I might give it a thought!

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  • Boutcher-logo-250x250.jpg impartial_panda_bear
    Boutcher C of E Primary School 16 Dec 2018 in reply to content_lemon's comment

    I'm glad! Do let me know, I'm looking at quite a lot of other people's posts, and seeing their thoughts. Thanks @content_lemon!

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