Money-mindedness

Money-mindedness refers to a strong preoccupation with financial gain, wealth accumulation, and the economic aspects of life. It's a mindset where monetary considerations often take precedence in decision-making, influencing values, behaviors, and priorities. Individuals exhibiting money-mindedness frequently prioritize profit, investment returns, and material possessions, sometimes even at the expense of other aspects of well-being, ethical considerations, or personal relationships. This focus can manifest as a shrewd business acumen, diligent saving habits, or a constant evaluation of the financial implications of choices. The degree of money-mindedness varies, ranging from practical financial awareness to an obsessive drive for wealth. It is important to note that this term is often used with negative connotations.

Money-mindedness meaning with examples

• The CEO's money-mindedness was evident in his relentless pursuit of quarterly profits, even if it meant cutting corners on employee benefits and R&D. His decisions were always guided by the bottom line, prioritizing shareholder value over the long-term sustainability of the company or the well-being of his workforce. Critics often pointed out his lack of concern for the community, which suffered as local jobs were lost due to cost-cutting measures.
• Sarah's money-mindedness drove her to meticulously budget every expense and invest wisely. She treated every purchase as an investment, constantly comparing prices and seeking the best deals. While her frugality enabled her to amass a significant savings, she struggled to enjoy life's simple pleasures, fearing the financial consequences of spending. Her friends often felt she was more focused on building wealth than nurturing relationships.
• The politician's money-mindedness became apparent during the campaign when he accepted large donations from special interest groups and then championed legislation that benefited those donors. His constituents accused him of being more concerned with personal enrichment than serving the public good. The allegations fueled public distrust and raised questions about the integrity of the political process, prompting calls for campaign finance reform.
• The auction house catered to a money-minded clientele, where collectors were more motivated by the potential for profit than the artistic or historical value of the items. They were obsessed with tracking market trends and anticipating future price increases, making investment choices based on calculated speculation rather than passion. The atmosphere was driven by a frenzied competition for the most valuable pieces.
• His money-mindedness led him to adopt a cutthroat approach to business, ruthlessly exploiting opportunities and sacrificing ethical considerations for financial gain. He was willing to engage in aggressive tactics, undermining competitors and squeezing suppliers to maximize his profit margins. This approach earned him success in his career, however his business practices often left a trail of resentment and damaged relationships, making him many enemies.