Material And Economic Self PDF

MATERIAL AND ECONOMIC SELF UNDERSTANDING THE SELF  WHAT IS THE -It is one of the c omponents of self. MATERIAL SELF? -Ac c ording to William James, "it is the sum total of all he c all his, which is only his body and psychic power s but also his: Clothes Frie...

MATERIAL AND ECONOMIC SELF UNDERSTANDING THE SELF  WHAT IS THE -It is one of the c omponents of self. MATERIAL SELF? -Ac c ording to William James, "it is the sum total of all he c all his, which is only his body and psychic power s but also his: Clothes Friends House Anc enstor s Wife Reputation and wor k Children L and and bank ac c ounts -The material self refer s to tangible objec ts, people, or plac es that c arr y the designation my or mine. "WE ARE WHAT WE HAVE" THE COMPOSITION OF THE MATERIAL 1.BODY SELF -Inner most part of our material self. -We are directly attached to this commodity that we cannot live without it. 2.CLOTH ES-Clothing is the most form of SELF- EXPRESSION -We choose and wear the clothes that refl ect 3.IMMEDIATE ourselves. FAMILY -These people are likely to shape and infl uence the development of SELF-IDENTITY 4.HOME -It is the earliest nest of our selfhood.  NEEDS VS. WANTS NEEDS Refers to an individual's basic requirements that must be fullfi lled in order to survive. WANTS Are described as the goods and services that an individual would want to have as a part of his caprices. UTILITY VS. UTILITY SIGNIFICANCE Is concerned with how things serve a practical purpose. SIGNIFICANCE Is concerned with the meaning assigned to the object. EFFECTS OF MATERIAL POSSESSIONS Possessions can be used as STATUS and SYMBOLS. WHAT IS THE ECONOMIC SELF? You as a part of the consumerism process. The one that purchases goods and avails services. Economic self-su ffi ciency Is the ability of individuals and families to maintain income to consistently meet their needs. MATERIALISM VS. MATERIALISM CONSUMERISM Is a form of philosphical belief that holds that matter is a fundamental substance in nature, and that all things including mental states and consciousness are results of MATERIAL INTERACTIONS. CONSUMERISM State that increasing consumption of goods is economically desirable. "I shop therefore I am, I have therefore I am" Materialism refers to characteristics in an individual, while Consumerism describes a society as a whole. WAYS ON HOW TO BECOME WISE I SPENDING YOUR HA RD EA RNED MONEY 1. Exercise intellectual independence 2. Consume less, live more 3. Improve your fi nancial management THANK YOU