To explain the current economic crisis, we need to examine various internal and external aspects of the national and personal financial states like the consequences led by debt and the relief and solutions provided by debt care options like debt management programs and debt Settlement Company etc. The language of psychology however, helps to address the fact behind the economic decline in a most interesting manner using the theory of hitting a balance between one’s greed and gratification. It has been noticed an umpteen times that people often pay no heed to fine-tuned economic models and ideals by doing irrational things, which are certainly not in their best interest and are importantly guided by emotions and lack of equilibrium, as they are often confused about whether to be greedy and acquire money without considering other aspects like ethics, humanity or principles or to stay gratified with whatever they own by being indifferent to the all available and possible ways and sources of extra income.
Falling short of a well-balanced thought process or an appreciable decision-making ability is nothing new with people who are more desperate than determined to acquire wealth and as a result they miss out the much required wisdom and enlightenment which are necessary to give us guidance towards the right path of gaining prosperity through financial freedom and security. As a result we are unable to take the mid-path of co-utilizing a healthy proportion of both greed and gratification that would complement each other in order to help us retain our sensibility and sanity in the race of wealth acquisition. Instead we are either being too greedy to control our sense of right and wrong in the pursuit of financial power or choosing to be too gratified with our limited sources of income and ignoring all added possibilities of money-making. One of the major causes behind this failure of balance is our own misleading ‘emotions’ which has not only led America to the recent economic deficit but is also keeping the damages intact for a long time. Thus when it comes to national or personal financial status, we forget to harness our instinct or intellect but take shelter in our emotions and on ‘how we feel about the entire situation’. And this undisciplined and misbalanced mindset is keeping us from achieving our financial goals which is possible only when we successfully harmonize both our greed and gratification.
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