Definition and Example of Affluenza
Affluenza is a portmanteau combining the words “affluence” and “influenza.” It’s used to describe the unhealthy effects of wealth on both individuals and society, as well as a condition in which people are focused on financial success above all else. For example, signs of affluenza include a preoccupation with work and earning more money, as well as extreme materialism and consumerism. Individuals struggling with affluenza might experience feelings of guilt, lack of motivation, and chronic dissatisfaction with their current situation.
How Affluenza Works
People struggling with affluenza often feel dissatisfied with their current level of success, regardless of how much material wealth they’ve accumulated. In pursuit of more money, they may work excessively and tie their self-worth to their wealth and possessions. Research has shown several negative effects of wealth in children and adults over the past three decades:
Depression and anxiety: Some studies have found higher rates of depression in economically advanced countries compared with less developed countries. In a U.S. study, affluent adolescents reported more signs of anxiety and depression than did youth whose households earned less than the median household income.Lack of intimacy and connection: Some research indicates that a single-minded focus on accumulating wealth can lead to a lack of intimacy and connection in personal relationships.Substance use: Several studies have found that affluent youth report higher levels of alcohol and drug use compared to teens from lower-income households. In addition, teens from wealthy families reported using substances to relieve symptoms of stress, anxiety, and depression.
Affluenza and Privilege
Research has shown that people whose parents earned high incomes are more likely to earn more themselves, and the intergenerational transfer of wealth through home equity, gifts, and savings is well-documented.Growing income inequality and structural inequalities such as housing segregation may mean that affluent individuals have few connections with people outside of their socioeconomic group. They may also demonstrate lower levels of empathy and compassion and develop a sense of entitlement. The term “affluenza” became widespread in 2013 after it was used as a defense in a well-documented court case. A 16-year-old in Texas struck and killed four pedestrians and injured two of his passengers while driving with a blood-alcohol level three times the legal limit. During his trial, the defense claimed the teenager suffered from affluenza, arguing that his privileged upbringing left him unable to understand the consequences of his actions. Although prosecutors requested jail time, the teen received 10 years of probation.
How To Avoid or Recover From Affluenza
While affluenza is not a diagnosable condition, it can negatively affect your mental and financial health. If you recognize some of the signs of affluenza in yourself, here are some steps you can take to prevent it from going further.
Question Advertising Messages
Start by becoming aware of all the ways you’re exposed to advertising throughout the day: when you watch TV, log into social media, or walk past a billboard on the street. Think about how the advertising makes you feel and why it makes you want to buy the item or service. Is it because you actually need or want the item, or because the ad implies that everyone else is doing so? Becoming conscious of these feelings can help you avoid shopping based on feelings of inadequacy or envy.
Set Financial Goals
Think about what’s most important to you and your quality of life. Is it truly money, or is it what that money might represent, such as the ability to travel or spend more time with family members? Then consider setting financial goals so you can spend money in ways that feel meaningful to you.
Create a Budget
One way to ensure you’re living within your means is to create a budget. Write down your monthly income, bills, and expenses, as well as your savings and other financial goals. Your budget can help you see when you’re spending money in ways that match your financial goals, and when you might be feeling signs of affluenza.
