Monetarily-minded

Describing a person, action, or policy primarily focused on financial gain, profit, or economic considerations. Someone monetarily-minded often prioritizes monetary value over other factors, such as ethical concerns, social impact, or artistic merit. This mindset emphasizes fiscal responsibility, the acquisition of wealth, and the efficient use of resources to maximize financial returns. Individuals exhibiting this trait are typically pragmatic and driven by economic incentives in their decision-making processes, valuing tangible assets and quantifiable outcomes.

Monetarily-minded meaning with examples

• The new CEO was distinctly monetarily-minded, slashing employee benefits and investing heavily in automated production to boost quarterly profits. This decision, although profitable, led to a decline in employee morale and created a less collaborative work environment. His focus was solely on financial outcomes, overlooking the potential damage to the company's long-term reputation.
• The politician’s campaign promises revealed a monetarily-minded approach, prioritizing tax cuts for the wealthy and deregulation of industries to stimulate economic growth. While these policies could benefit certain segments of society, they neglected the needs of the underprivileged and environmental sustainability, demonstrating a clear focus on financial benefit.
• The art collector, though admiring certain pieces, was undeniably monetarily-minded, primarily concerned with the potential resale value of each painting before making a purchase. His appreciation for the artwork’s artistic merit was secondary to its investment potential, leading him to acquire pieces he thought would appreciate the most in the long run, rather than those he enjoyed.
• The company's decision to outsource its customer service department was a clear demonstration of a monetarily-minded strategy. By shifting operations to a country with lower labor costs, the company significantly reduced its expenses, though the move also led to a decrease in service quality, which may impact customer satisfaction.