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Entry into the Universe of Finance

In: Unmasking Financial Psychopaths

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  • Deborah W. Gregory

Abstract

Very few people outside of the financial professions have a clear picture of what is encompassed within the universe of finance, other than the handling of enormous amounts of money. When finance is mentioned in conversation, the vast majority of people have an emotional reaction to the word. They mentally and emotionally link it to some abstract idea they hold about what the word finance means to them. Adults not professionally involved in finance may immediately think of their own personal finances. Regardless of how much wealth a person has, a common concern is whether there is “enough” money. An administrative assistant earning $40,000 a year may be less fearful of not having enough than the CEO whose annual salary is more than a million dollars. Both bring their own fears and hopes about money, which shapes how they interpret the meaning of finance.

Suggested Citation

  • Deborah W. Gregory, 2014. "Entry into the Universe of Finance," Palgrave Macmillan Books, in: Unmasking Financial Psychopaths, chapter 2, pages 7-29, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36075-5_2
    DOI: 10.1057/9781137360755_2
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