Tag Archives: religion

Will I Be Rich Because I’m Jewish?

Google News “Spotlight” popped up a NY Times article today that asked in it’s title: “Is Your Religion Your Financial Destiny?

According to the article, the most affluent of the major religions, including secularism, is Reform Judaism. What’s more, 67% of Reform Jewish households made more than $75k per year. Hindus and Conservative Jews take the #2 and 3 spots.

On the other end are Pentecostals, Jehovah’s Witnesses and Baptists. In each case, 20 percent or fewer of followers made at least $75,000. The share of Baptist households making $40,000 or less is roughly the same as the share of Reform Jews making $100,000 or more.

While I’m not sure religious belief has anything to do with the income discrepancy between religions, it’s clearly due to the values placed in each culture (because let’s face it, in America, for many of us, religions is our culture — even if we’re not religious.)

In other families – perhaps other non Jewish families – money wasn’t the considered the most important definition of success. I couldn’t choose not to go to college, nor could I choose to be satisfied in a lower-wage position when I knew the only thing stopping me from upward mobility would be myself, and myself being a coward. But, given I was able to go to college and graduate with no debt, the bravery had a cushion behind it at all times.

The article points out that “the differences are also self-reinforcing. People who make more money can send their children to better schools, exacerbating the many advantages they have over poorer children. Round and round, the cycle goes. It won’t solve itself.”

Buying Happiness in a Consumption Economy

Lately, I’ve been thinking a lot about Capitalism and its relationship to the definition of happiness in modern society. Last night I watched this video…

… which describes why our materials economy is not sustainable and how it is awful for everyone involved (except the big corporations making lots of money.) Nothing really shocking in the video if you know how the consumption economy works, but it’s just sad how capitalism is pretty much based upon making you feel like shit so you have to buy stuff you don’t need and then making the stuff you don’t need seem like shit compared to the latest cool thing so you want to buy that and so on, with all your once cool stuff becoming waste polluting the planet (not to mention the whole awful part about cheap labor and destroying third world countries.) That leads me to wonder, if stuff is ruining the planet, and likely our ability to be happy, then is it possible to be happy with money in our lives?

I jokingly asked my boyfriend today if he thinks I’d be happy if I just gave away all my money. That’s a stupid idea, as I’d eventually starve and wouldn’t have a place to live. I don’t actually give any money to charity yet and I’m not sure at what point I’ll feel comfortable doing so. If I save $20k next year, I should be able to afford to donate some funds to charity. But I just feel like all that money should be put in my grad school account, or in my making babies in vitro account, or in my house down payment fund, or car replacement fund. Having money is a necessity, unless you’re that blogger who lives in canyon and eats out of trash cans and seems to be thrilled with his life, and I’m not sure how to let go of any of it.

Still, I don’t see myself ever being happy in a stuff economy. I don’t always buy the newest and most expensive gadgets and clothes, but I tend to shop for trends when the prices come down a bit, and I’ll snap up the hottest gadget when I feel the cost is what it’s worth (ie, my recent iPhone purchase), but I just don’t know when I’ll feel like I make enough to have enough to feel “good” in this society.

When I went to undergrad, I was so idealistic. I wanted to learn everything. I wasn’t the best at learning because I couldn’t decide what to learn and could never focus on one thing. When I figured out I need to find something to do to make money I became depressed. Now that I’m looking towards grad school, I have to find something that can sustain me for the rest of my life and also take in a decent income. I constantly think about having to support a family one day, knowing I could do it on a small income, but dreaming of a “large” six-figure income to support my mildly frugal stuff-based lifestyle.

The problem is, capitalism is inherently teaching us that our happiness should come from having more than the next person. Whether that’s having a shiny new car, a cool pair of Ugg boots, or even just the ability to go out to dinner once a week when they can’t (even if we’re going into debt because of it) that is how we value ourselves in our society. Yet does it really make us happy? If there were some utopian society where everyone was equal, would we be able to obtain happiness without comparing ourselves to others from a financial standpoint? Or is that impossible… after all, we are genetically designed to compete so our offspring obtain the best life. Is that what our happiness is about?

My boyfriend is a simple guy. He’s be happy living in a small hut with some good books and nothing but forest around him, and a visitor maybe once or twice a month. Me… I’m a different animal. I almost feel like I need stuff. I need the rush of shopping, it makes me feel safe. Without god in my life there’s only shopping to fill that void. I don’t go to temple or church, I go to the mall. I say thanks by purchasing the best fitting outfits I try on. I fill my religious void with lots of stuff. And then I fill my room with it and my clutter makes me miserable. It’s a vicious cycle. And it has to end now.

Still, what replaces my stuff religion when it’s gone? The only replacement are experiences… and those can be free or expensive and worth the same. It is our experiences that we remember, not our material goods. Even then, though, experiences can be pricey (they don’t have to be) and do they even really make us happy? A blog I was reading the other day discussed how travel is a waste of money and that experiences are pretty much just as invaluable as stuff and they come and go. But if nothing has value (other than maybe our love ones, who we have no control over in terms of life or death as accidents happen) it becomes almost necessary for us to have stuff in our lives. Stuff keeps us sane. It puts meaning on something that really isn’t worth anything, even if it cost a lot. Take away stuff and what do our lives mean?

I wish I could spend my life studying how the relationship of a people with material goods and experiences effect the happiness of a society and culture. Is American culture just so awful and warped that it’s hard to see past life’s true value and how to obtain happiness, or is this a worldwide epidemic? A human epidemic?

Plenty more thoughts on this topic to come… feel free to post a comment answering some or all of my questions… I’m curious what you all think…