Motives for Making Money Scale; in addition, a manipulation check was conducted to determine if the intervention had the expected effect. Specifically, participants in the experimental group were asked if the workshop had helped them identify their motives for making money, affected their spending habits, and changed their perception of money.
for desiring money are associated with great satisfaction of psychological need for autonomy, competence, and relatedness—and thus with greater well-being. Amassing wealth for, in contrast, is associated with the frustration of psychological needs and greater ill-being.was also linked with higher need satisfaction and well-being. Why? Perhaps because money spent to satisfy basic needs often increases the sense of autonomy and competence and strengthens relationships, thus improving well-being.
Finally, findings from Study 3 suggest it may be possible to help people become more aware of their money motives and to discourage “non-integrated motives.” Study 3 had several limitations , so the results await replication.
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