#financialsecurity — Public Fediverse posts

EPFO’s insurance scheme explained: Here’s how members can file EDLI claims, avail up to ₹7 lakh benefit at no extra cost

The Empl…
#NewsBeep #News #Personalfinance #AU #Australia #Business #EDLI #EDLIscheme #employeedepositlinkedinsurance #employeedepositlinkedinsurancescheme #EPFclaims #EPFsubscribers #EPFO #Finance #financialsecurity #insurancebenefits #insurancecover #insurancescheme #money #PersonalFinance #privatesector #salariedindividuals" #taxbenefits
https://www.newsbeep.com/au/860407/

EPFO’s insurance scheme explained: Here’s how members can file EDLI claims, avail up to ₹7 lakh benefit at no extra cost

The Empl…
#NewsBeep #News #Personalfinance #AU #Australia #Business #EDLI #EDLIscheme #employeedepositlinkedinsurance #employeedepositlinkedinsurancescheme #EPFclaims #EPFsubscribers #EPFO #Finance #financialsecurity #insurancebenefits #insurancecover #insurancescheme #money #PersonalFinance #privatesector #salariedindividuals" #taxbenefits
https://www.newsbeep.com/au/860407/

EPFO’s insurance scheme explained: Here’s how members can file EDLI claims, avail up to ₹7 lakh benefit at no extra cost

The …
#NewsBeep #News #Personalfinance #Business #EDLI #EDLIscheme #employeedepositlinkedinsurance #employeedepositlinkedinsurancescheme #EPFclaims #EPFsubscribers #EPFO #Finance #financialsecurity #insurancebenefits #insurancecover #insurancescheme #Money #PersonalFinance #privatesector #salariedindividuals" #TaxBenefits #UK #UnitedKingdom
https://www.newsbeep.com/uk/742456/

https://www.europesays.com/ie/644475/ EPFO’s insurance scheme explained: Here’s how members can file EDLI claims, avail up to ₹7 lakh benefit at no extra cost #Business #EDLI #EDLIScheme #Éire #EmployeeDepositLinkedInsurance #EmployeeDepositLinkedInsuranceScheme #EPFClaims #EPFSubscribers #EPFO #FinancialSecurity #IE #InsuranceBenefits #InsuranceCover #InsuranceScheme #Ireland #Money #PersonalFinance #PersonalFinance #PrivateSector #SalariedIndividuals" #TaxBenefits

Reward: You've been awarded the Hollow Cloud Storage Trophy. It holds nothing. Much like the security controls did.

#DataBreach #CyberSecurity #CloudSecurity #IdentityTheft #FinancialSecurity #Breach2024 (3/3)

Reward: You've been awarded the Hollow Cloud Storage Trophy. It holds nothing. Much like the security controls did.

#DataBreach #CyberSecurity #CloudSecurity #IdentityTheft #FinancialSecurity #Breach2024 (3/3)

Reward: You've been awarded the Hollow Cloud Storage Trophy. It holds nothing. Much like the security controls did.

#DataBreach #CyberSecurity #CloudSecurity #IdentityTheft #FinancialSecurity #Breach2024 (3/3)

A later start, a harder retirement – The Star

A later start, a harder retirement  The StarRetirement ready: the dos and don’ts of your EPF  freemalaysiatoday.comEPF speedrun: What spending…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Commentary #compounding #EPF #Financialplanning #financialsecurity #PersonalFinance #retirementincome #retirementplanning #RetirementSavings #StarBiz7 #wealthplanning
https://www.newsbeep.com/us/814346/

A later start, a harder retirement – The Star

A later start, a harder retirement  The StarRetirement ready: the dos and don’ts of your EPF  freemalaysiatoday.comEPF speedrun: What spending…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Commentary #compounding #EPF #Financialplanning #financialsecurity #PersonalFinance #retirementincome #retirementplanning #RetirementSavings #StarBiz7 #wealthplanning
https://www.newsbeep.com/us/814346/

https://www.europesays.com/uk/1149718/ A later start, a harder retirement – The Star #Business #Commentary #compounding #epf #Finance #FinancialPlanning #FinancialSecurity #PersonalFinance #RetirementIncome #RetirementPlanning #RetirementSavings #StarBiz7 #UK #UnitedKingdom #WealthPlanning

Microsoft failed to respond to formal legal requests submitted since June 27, 2026, regarding the precise legal justification for denying access to Outlook accounts and Microsoft payment services holding financial assets, maintaining complete silence after one boilerplate response.

@microsoft @msftnews @MSFTstories

#Microsoft #Outlook #DigitalAssets #FinancialSecurity #Censorship #DataPrivacy #HumanRights #Accountability #EULaw #USLaw #TechCensorship #ConsumerRights #Privacy #CyberSecurity

Microsoft failed to respond to formal legal requests submitted since June 27, 2026, regarding the precise legal justification for denying access to Outlook accounts and Microsoft payment services holding financial assets, maintaining complete silence after one boilerplate response.

@microsoft @msftnews @MSFTstories

#Microsoft #Outlook #DigitalAssets #FinancialSecurity #Censorship #DataPrivacy #HumanRights #Accountability #EULaw #USLaw #TechCensorship #ConsumerRights #Privacy #CyberSecurity

Microsoft failed to respond to formal legal requests submitted since June 27, 2026, regarding the precise legal justification for denying access to Outlook accounts and Microsoft payment services holding financial assets, maintaining complete silence after one boilerplate response.

@microsoft @msftnews @MSFTstories

#Microsoft #Outlook #DigitalAssets #FinancialSecurity #Censorship #DataPrivacy #HumanRights #Accountability #EULaw #USLaw #TechCensorship #ConsumerRights #Privacy #CyberSecurity

Microsoft failed to respond to formal legal requests submitted since June 27, 2026, regarding the precise legal justification for denying access to Outlook accounts and Microsoft payment services holding financial assets, maintaining complete silence after one boilerplate response.

@microsoft @msftnews @MSFTstories

#Microsoft #Outlook #DigitalAssets #FinancialSecurity #Censorship #DataPrivacy #HumanRights #Accountability #EULaw #USLaw #TechCensorship #ConsumerRights #Privacy #CyberSecurity

Microsoft failed to respond to formal legal requests submitted since June 27, 2026, regarding the precise legal justification for denying access to Outlook accounts and Microsoft payment services holding financial assets, maintaining complete silence after one boilerplate response.

@microsoft @msftnews @MSFTstories

#Microsoft #Outlook #DigitalAssets #FinancialSecurity #Censorship #DataPrivacy #HumanRights #Accountability #EULaw #USLaw #TechCensorship #ConsumerRights #Privacy #CyberSecurity

https://www.europesays.com/uk/1137860/ PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers #AnnualReturns #AtalPensionYojana #Business #DigitalOnboarding #Finance #FinancialSecurity #Kolkata #NonGovernmentNPSSubscribers #NPS #PensionEcosystem #PensionFunds #PersonalFinance #PFRDA #UK #UnitedKingdom

PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

Kolkata: The Pension Fund Regulatory and Development Authority (PFRDA) has approved four new pension funds taking the t…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #annualreturns #AtalPensionYojana #Business #digitalonboarding #financialsecurity #Kolkata #non-governmentNPSsubscribers #nps #pensionecosystem #pensionfunds #PersonalFinance #PFRDA
https://www.newsbeep.com/us/806691/

PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

Kolkata: The Pension Fund Regulatory and Development Authority (PFRDA) has approved four new pension funds taking the t…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #annualreturns #AtalPensionYojana #Business #digitalonboarding #financialsecurity #Kolkata #non-governmentNPSsubscribers #nps #pensionecosystem #pensionfunds #PersonalFinance #PFRDA
https://www.newsbeep.com/us/806691/

Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future

Also Read | EPF vs mutual funds: Why EPFO says PF is better long-term savings option Planning retirement…
#NewsBeep #News #Personalfinance #assetallocation #AU #Australia #Business #diversifiedportfolio #Finance #financialsecurity #HealthcareCosts #investmentmistakes #PersonalFinance #retirementplanning #tax-efficientstrategies
https://www.newsbeep.com/au/847672/

Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future

Also Read | EPF vs mutual funds: Why EPFO says PF is better long-term savings option Planning retirement…
#NewsBeep #News #Personalfinance #assetallocation #AU #Australia #Business #diversifiedportfolio #Finance #financialsecurity #HealthcareCosts #investmentmistakes #PersonalFinance #retirementplanning #tax-efficientstrategies
https://www.newsbeep.com/au/847672/

Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future

Also Read | EPF vs mutual funds: Why EPFO says PF is better long-term savings option Planning retire…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #assetallocation #Business #diversifiedportfolio #financialsecurity #healthcarecosts #investmentmistakes #PersonalFinance #retirementplanning #tax-efficientstrategies
https://www.newsbeep.com/us/806475/

Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future

Also Read | EPF vs mutual funds: Why EPFO says PF is better long-term savings option Planning retire…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #assetallocation #Business #diversifiedportfolio #financialsecurity #healthcarecosts #investmentmistakes #PersonalFinance #retirementplanning #tax-efficientstrategies
https://www.newsbeep.com/us/806475/

PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

Kolkata: The Pension Fund Regulatory and Development Authority (PFRDA) has approved four new pension funds taking the total…
#NewsBeep #News #Personalfinance #annualreturns #AtalPensionYojana #AU #Australia #Business #digitalonboarding #Finance #financialsecurity #kolkata #non-governmentNPSsubscribers #NPS #pensionecosystem #pensionfunds #PersonalFinance #pfrda
https://www.newsbeep.com/au/847583/

PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

Kolkata: The Pension Fund Regulatory and Development Authority (PFRDA) has approved four new pension funds taking the total…
#NewsBeep #News #Personalfinance #annualreturns #AtalPensionYojana #AU #Australia #Business #digitalonboarding #Finance #financialsecurity #kolkata #non-governmentNPSsubscribers #NPS #pensionecosystem #pensionfunds #PersonalFinance #pfrda
https://www.newsbeep.com/au/847583/

https://www.europesays.com/uk/1137164/ Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future #AssetAllocation #Business #DiversifiedPortfolio #Finance #FinancialSecurity #HealthcareCosts #InvestmentMistakes #PersonalFinance #RetirementPlanning #TaxEfficientStrategies #UK #UnitedKingdom

https://www.europesays.com/ie/626488/ Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future #AssetAllocation #Business #DiversifiedPortfolio #Éire #FinancialSecurity #HealthcareCosts #IE #InvestmentMistakes #Ireland #PersonalFinance #PersonalFinance #RetirementPlanning #TaxEfficientStrategies

https://www.europesays.com/ie/626298/ PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers #AnnualReturns #AtalPensionYojana #Business #DigitalOnboarding #Éire #FinancialSecurity #IE #Ireland #Kolkata #NonGovernmentNPSSubscribers #nps #PensionEcosystem #PensionFunds #PersonalFinance #PersonalFinance #pfrda

In this issue of #ChangingPopulations, we report on findings that suggest declining fertility isn't simply the result of young people rejecting relationships and parenthood. Instead, economic and social barriers are making these goals harder to achieve - head to page 3

▶️ https://sway.cloud.microsoft/6PeRZlzYry4nhGtm?ref=Link

#demography #population #fertility #parenthood #relationships #youngpeople #housing #employment #financialsecurity #economics #socialscience #families #birthrates #populationtrends

In this issue of #ChangingPopulations, we report on findings that suggest declining fertility isn't simply the result of young people rejecting relationships and parenthood. Instead, economic and social barriers are making these goals harder to achieve - head to page 3

▶️ https://sway.cloud.microsoft/6PeRZlzYry4nhGtm?ref=Link

#demography #population #fertility #parenthood #relationships #youngpeople #housing #employment #financialsecurity #economics #socialscience #families #birthrates #populationtrends

In this issue of #ChangingPopulations, we report on findings that suggest declining fertility isn't simply the result of young people rejecting relationships and parenthood. Instead, economic and social barriers are making these goals harder to achieve - head to page 3

▶️ https://sway.cloud.microsoft/6PeRZlzYry4nhGtm?ref=Link

#demography #population #fertility #parenthood #relationships #youngpeople #housing #employment #financialsecurity #economics #socialscience #families #birthrates #populationtrends

In this issue of #ChangingPopulations, we report on findings that suggest declining fertility isn't simply the result of young people rejecting relationships and parenthood. Instead, economic and social barriers are making these goals harder to achieve - head to page 3

▶️ https://sway.cloud.microsoft/6PeRZlzYry4nhGtm?ref=Link

#demography #population #fertility #parenthood #relationships #youngpeople #housing #employment #financialsecurity #economics #socialscience #families #birthrates #populationtrends

In this issue of #ChangingPopulations, we report on findings that suggest declining fertility isn't simply the result of young people rejecting relationships and parenthood. Instead, economic and social barriers are making these goals harder to achieve - head to page 3

▶️ https://sway.cloud.microsoft/6PeRZlzYry4nhGtm?ref=Link

#demography #population #fertility #parenthood #relationships #youngpeople #housing #employment #financialsecurity #economics #socialscience #families #birthrates #populationtrends

Joint Yen-Buying By Japan And America Confirmed

For the first time in fifteen years, Japan and the United States conducted a joint buying of Yen following the Japanese currency’s continued weakness to the U.S. Dollar which Finance Minister Satsuki Katayama confirmed yesterday, according to a Kyodo News report. The Yen fell to almost 164 to the U.S. Dollar on July 23.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

Japan and the United States conducted coordinated yen buying Friday, Finance Minister Satsuki Katayama said, their first joint market intervention in 15 years, with the two nations ready to act again if necessary.

The intervention during New York trading on Friday came after the yen hit 163.99 to the U.S. dollar on July 23, its weakest level in around 40 years, amid mounting fears about Prime Minister Sanae Takaichi’s expansionary but vaguely funded fiscal policy.

“This joint action was taken pursuant to the U.S.-Japan Finance Ministers’ Joint Statement issued in September 2025 and countered the excessive volatility and disorderly movements of the Japanese yen in recent months,” Katayama said in a statement on Monday.

“The Japanese Ministry of Finance remains attentive and in close communication with our counterparts at the U.S. Treasury. We will not hesitate to conduct a further joint intervention,” she added.

After warnings by Katayama and U.S. Treasury Secretary Scott Bessent of additional action to prevent the Japanese currency from depreciating, the yen briefly surged to the lower 155 level from the upper 157 range on Monday morning.

While joint currency interventions by the countries are usually reserved for emergencies, Japan has been struggling with the yen’s depreciation, which has increased import costs, threatening to accelerate inflation and jack up yields on long-term Japanese government bonds.

Washington is also believed to be wary of rising long-term Japanese interest rates pushing up U.S. rates before the congressional midterm elections in the fall, analysts said.

The previous Japan-U.S. intervention was carried out to stem the yen’s rise after the massive earthquake and tsunami in northeastern Japan in March 2011.

Katayama told reporters in Tokyo that Friday’s coordination between Japan and the United States was aimed at linking Tokyo’s “economic security to its unwavering alliance” with Washington.

She stressed the countries’ “close coordination” since the release of their joint statement last September, which confirmed interventions should be reserved for combating excessive volatility as well as “disorderly depreciation or appreciation.”

Japanese and U.S. authorities have pledged to take decisive action “against disorderly moves at any time,” Katayama said.

Atsushi Mimura, Japan’s top currency diplomat, called the latest coordinated intervention a “completed form” of the Japan-U.S. currency alliance, emphasizing the two countries would continue to respond “without missing a beat.”

Saying Japan “wanted a little bit of help,” President Donald Trump indicated Sunday in the United States that Washington had conducted a yen-buying intervention at the request of Takaichi’s government. He told reporters the action would benefit his nation economically.

He added, “We’re always there for Japan. Japan’s been very good to us, with the exception, of course, of Pearl Harbor,” referring to Japan’s 1941 surprise aerial attack on a naval base in Hawaii that resulted in the U.S. entry into World War II.

In New York on Friday, the yen surged to the lower 157 level against the dollar, with Japanese government sources confirming a yen-buying intervention by currency authorities.

The move came after the yen briefly soared to the 157 range Thursday, gaining nearly 5 yen in about 50 minutes before dropping back to the 160 level, as a result of a currency intervention by Japan later confirmed by market and government sources.

On Sunday, Bessent wrote on social media that the intervention “countered disorderly yen movements,” adding the United States would “not hesitate” to conduct further joint currency intervention with Japan, echoing Katayama.

He also said, “We strongly support Japan’s decisive market and monetary steps to correct the substantial undervaluation of the yen.”

Let me end this piece by asking you readers: What is your reaction to this development? What do you think the joint buying of Yen by the US and Japan will lead to further stabilization economically in the short term? Do you think this joint move will somehow boost both nation’s economies?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Gen Z and money: Are they financially struggling or adapting?

Liam* was never taught how to manage money. So, when he earned his first pay cheque at 16,…
#Australia #AU #Austrlia #budgeting #digitalspending #financialliteracy #financialsecurity #genz #moneyhabits #moneyskills #savings #youngaustralians
https://www.europesays.com/australia/62785/

https://www.europesays.com/uk/1123169/ Gen Z and money: Are they financially struggling or adapting? #budgeting #Business #DigitalSpending #Finance #FinancialLiteracy #FinancialSecurity #GenZ #MoneyHabits #MoneySkills #PersonalFinance #Savings #UK #UnitedKingdom #YoungAustralians

https://www.europesays.com/ie/614245/ Gen Z and money: Are they financially struggling or adapting? #budgeting #Business #DigitalSpending #Éire #FinancialLiteracy #FinancialSecurity #GenZ #IE #Ireland #MoneyHabits #MoneySkills #PersonalFinance #PersonalFinance #savings #YoungAustralians

DATE: July 30, 2026 at 02:00PM
SOURCE: PSYPOST.ORG

** Research quality varies widely from fantastic to small exploratory studies. Please check research methods when conclusions are very important to you. **
-------------------------------------------------

TITLE: Financial security in childhood predicts a later loss of religious faith

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

Young people who grow up in financially secure households are slightly more likely to lose their belief in God by the time they reach adulthood. A newly published analysis follows thousands of teenagers over a decade, showing that early material comfort predicts a later decline in religious faith. The results, detailed in the journal Evolutionary Human Sciences, suggest that modern secularization might stem in part from a reduced need for the social and psychological support systems that religious traditions traditionally provide.

Religious beliefs and practices are common across different human cultures throughout history. From an evolutionary perspective, this widespread presence presents a puzzle because participating in religious traditions requires extensive time, energy, and resources. Devout individuals might donate portions of their income, abstain from certain foods, or spend hours engaged in prayer and collective ceremonies. Evolutionary anthropologists propose that these substantial costs are offset by unique social and survival benefits. Group rituals and shared supernatural beliefs often foster intense cooperation among members, creating tight-knit communities that share resources during hard times.

Faith can also act as a psychological buffer against anxiety, ultimately improving a person’s general well-being. Environmental stressors tend to reinforce these benefits. When people face natural disasters, regional wars, or severe economic crises, they often display heightened religious devotion. Turning to a higher power and relying on a congregation can provide a sense of control and a safety net when the physical world feels entirely unpredictable.

Over the past century, a contrasting trend has emerged across many parts of the globe. In a process known as secularization, large numbers of people in developed nations have begun abandoning religious institutions and losing their faith in a higher power. Sociologists and evolutionary theorists have proposed the existential insecurity theory to account for this global shift. This idea suggests that as economic development brings financial and political stability, everyday existence becomes safer and more predictable.

Under this theory, a secure environment reduces the immediate need for the cooperative networks and anxiety-relieving practices that religious groups offer. While previous studies have shown that wealthier, more economically equal nations tend to be less religious than poorer, more unequal ones, much of this evidence involves comparing different countries or groups at a single point in time. It is harder to observe exactly how and when individuals lose their faith as their personal environments change.

Martin Lang, a researcher at Masaryk University in the Czech Republic, led a team to investigate how these environmental factors play out over an individual’s life. Lang and his colleagues, Petr Palíšek and Radim Chvaja, wanted to track the development of religious belief from early adolescence into young adulthood. They chose to focus on the teenage years because adolescence is a prime period for human identity formation, where individuals actively construct their worldviews based on their surroundings.

To test the existential insecurity theory, the research team analyzed data from the National Study of Youth and Religion. This longitudinal project tracked a sample of thousands of Americans over roughly ten years. Data collection began in 2002 and spanned four distinct interview waves, concluding around 2013. The researchers focused on an initial group of about 2,800 teenagers, aged between thirteen and seventeen, who identified with a Christian denomination and professed a belief in God during the first wave of interviews.

The team used parent-reported household income during the first data collection wave to represent early adolescent material security. They then mapped this financial data against the teenagers’ responses to questions about their belief in God across the three subsequent interview waves. Instead of trying to prove a direct physical cause, their analysis checked for a predictive association. This is a statistical relationship where a specific starting condition reliably forecasts an outcome over time.

To isolate the specific role of material wealth, the researchers built specialized models that controlled for alternative influences. They adjusted the data to account for parental education, ethnic background, the participant’s gender, general age differences, and specific religious denominations. By holding these demographic factors steady in their equations, the team could look exclusively at the trajectory of adolescents moving from secure or insecure homes into their adult lives.

The data revealed a negative association between early financial security and later religious faith in the young adults. Teenagers who grew up in the highest-income households were more likely to report losing their belief in God by their mid-twenties, compared to their peers in the lowest-income households. The effect size, though present, was relatively modest on a statistical level.

About five percent of participants from the least materially secure backgrounds eventually reported that they no longer believed in God. In contrast, among those from the most secure backgrounds, that figure rose to eleven percent. The research team noted that the negative relationship between early wealth and belief in a higher power grew slightly stronger with each passing wave of the study, suggesting that the ideological associations of a comfortable childhood compound over time.

The researchers also modeled alternative paths that might explain a loss of faith to ensure they were looking at the right variables. For example, previous sociological theories proposed that higher education leads to secularization, based on the assumption that college training focuses on critical thinking that displaces religious thought. In this analysis, logging higher educational attainment did not meaningfully predict a decrease in belief in God, leaving material security as the more stable economic predictor.

A different factor entirely overshadowed the statistical role of material wealth. The frequency of a parent’s participation in religious rituals was a massive predictor of whether a child maintained their faith into adulthood. Anthropologists refer to this as the theory of credibility-enhancing displays. According to this framework, children are skeptical learners who evaluate whether their parents practice what they preach. When parents engage in the costly behaviors of regular religious attendance, children are far more likely to absorb and retain those beliefs.

Still, even when accounting for how often parents attended church, the background level of household financial stability independently predicted a later decline in belief. The researchers interpret this as moderate support for the existential insecurity theory. When young people develop in an environment where basic survival needs are reliably met, they might subconsciously register that they do not need the safety net provided by religious participation.

Like all observational studies, this research contains some limitations that shape how the results should be viewed. The dataset experienced a gradual drop in participation over the decade, meaning the final results rely on statistical techniques used to fill in missing information. The timeline also overlapped with the 2007 to 2008 financial crisis. While this event hit outside the window of early adolescence for the participants, it likely altered the long-term material realities of many households in the study.

Additionally, the project relied on single survey questions to measure complex concepts. Household income was used as the sole stand-in for existential security, and a single question mapped belief in God. The authors recommend that future studies deploy more nuanced tools to measure physiological stress, perceived trust in local communities, and general health challenges. Broadening the scope of the variables could better pinpoint exactly which environmental features uniquely correlate with individuals leaving supernatural belief systems.

Finally, the study population poses limits on how broadly these conclusions can be drawn. The findings apply to individuals who grew up in the United States and within Christian households during a specific historical period. While the United States has seen rising rates of religious disaffiliation, phenomena like spiritual but not religious identities make the landscape difficult to track. The apostasy process might operate very differently in other cultural contexts or within non-Western faith traditions.

The study, “The longitudinal associations of material security and belief in God in young Americans,” was authored by Martin Lang, Petr Palíšek, and Radim Chvaja.

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

-------------------------------------------------

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#psychology #counseling #socialwork #psychotherapy @psychotherapist @psychotherapists @psychology @socialpsych @socialwork @psychiatry #mentalhealth #psychiatry #healthcare #depression #psychotherapist #FinancialSecurity #AdolescentBeliefs #Secularization #ReligiousFaith #MaternalWealthImpact #ExistentialInsecurity #ReligiousAttachment #YouthReligion #CosmicCausality #EvolutionaryAnthropology

DATE: July 30, 2026 at 02:00PM
SOURCE: PSYPOST.ORG

** Research quality varies widely from fantastic to small exploratory studies. Please check research methods when conclusions are very important to you. **
-------------------------------------------------

TITLE: Financial security in childhood predicts a later loss of religious faith

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

Young people who grow up in financially secure households are slightly more likely to lose their belief in God by the time they reach adulthood. A newly published analysis follows thousands of teenagers over a decade, showing that early material comfort predicts a later decline in religious faith. The results, detailed in the journal Evolutionary Human Sciences, suggest that modern secularization might stem in part from a reduced need for the social and psychological support systems that religious traditions traditionally provide.

Religious beliefs and practices are common across different human cultures throughout history. From an evolutionary perspective, this widespread presence presents a puzzle because participating in religious traditions requires extensive time, energy, and resources. Devout individuals might donate portions of their income, abstain from certain foods, or spend hours engaged in prayer and collective ceremonies. Evolutionary anthropologists propose that these substantial costs are offset by unique social and survival benefits. Group rituals and shared supernatural beliefs often foster intense cooperation among members, creating tight-knit communities that share resources during hard times.

Faith can also act as a psychological buffer against anxiety, ultimately improving a person’s general well-being. Environmental stressors tend to reinforce these benefits. When people face natural disasters, regional wars, or severe economic crises, they often display heightened religious devotion. Turning to a higher power and relying on a congregation can provide a sense of control and a safety net when the physical world feels entirely unpredictable.

Over the past century, a contrasting trend has emerged across many parts of the globe. In a process known as secularization, large numbers of people in developed nations have begun abandoning religious institutions and losing their faith in a higher power. Sociologists and evolutionary theorists have proposed the existential insecurity theory to account for this global shift. This idea suggests that as economic development brings financial and political stability, everyday existence becomes safer and more predictable.

Under this theory, a secure environment reduces the immediate need for the cooperative networks and anxiety-relieving practices that religious groups offer. While previous studies have shown that wealthier, more economically equal nations tend to be less religious than poorer, more unequal ones, much of this evidence involves comparing different countries or groups at a single point in time. It is harder to observe exactly how and when individuals lose their faith as their personal environments change.

Martin Lang, a researcher at Masaryk University in the Czech Republic, led a team to investigate how these environmental factors play out over an individual’s life. Lang and his colleagues, Petr Palíšek and Radim Chvaja, wanted to track the development of religious belief from early adolescence into young adulthood. They chose to focus on the teenage years because adolescence is a prime period for human identity formation, where individuals actively construct their worldviews based on their surroundings.

To test the existential insecurity theory, the research team analyzed data from the National Study of Youth and Religion. This longitudinal project tracked a sample of thousands of Americans over roughly ten years. Data collection began in 2002 and spanned four distinct interview waves, concluding around 2013. The researchers focused on an initial group of about 2,800 teenagers, aged between thirteen and seventeen, who identified with a Christian denomination and professed a belief in God during the first wave of interviews.

The team used parent-reported household income during the first data collection wave to represent early adolescent material security. They then mapped this financial data against the teenagers’ responses to questions about their belief in God across the three subsequent interview waves. Instead of trying to prove a direct physical cause, their analysis checked for a predictive association. This is a statistical relationship where a specific starting condition reliably forecasts an outcome over time.

To isolate the specific role of material wealth, the researchers built specialized models that controlled for alternative influences. They adjusted the data to account for parental education, ethnic background, the participant’s gender, general age differences, and specific religious denominations. By holding these demographic factors steady in their equations, the team could look exclusively at the trajectory of adolescents moving from secure or insecure homes into their adult lives.

The data revealed a negative association between early financial security and later religious faith in the young adults. Teenagers who grew up in the highest-income households were more likely to report losing their belief in God by their mid-twenties, compared to their peers in the lowest-income households. The effect size, though present, was relatively modest on a statistical level.

About five percent of participants from the least materially secure backgrounds eventually reported that they no longer believed in God. In contrast, among those from the most secure backgrounds, that figure rose to eleven percent. The research team noted that the negative relationship between early wealth and belief in a higher power grew slightly stronger with each passing wave of the study, suggesting that the ideological associations of a comfortable childhood compound over time.

The researchers also modeled alternative paths that might explain a loss of faith to ensure they were looking at the right variables. For example, previous sociological theories proposed that higher education leads to secularization, based on the assumption that college training focuses on critical thinking that displaces religious thought. In this analysis, logging higher educational attainment did not meaningfully predict a decrease in belief in God, leaving material security as the more stable economic predictor.

A different factor entirely overshadowed the statistical role of material wealth. The frequency of a parent’s participation in religious rituals was a massive predictor of whether a child maintained their faith into adulthood. Anthropologists refer to this as the theory of credibility-enhancing displays. According to this framework, children are skeptical learners who evaluate whether their parents practice what they preach. When parents engage in the costly behaviors of regular religious attendance, children are far more likely to absorb and retain those beliefs.

Still, even when accounting for how often parents attended church, the background level of household financial stability independently predicted a later decline in belief. The researchers interpret this as moderate support for the existential insecurity theory. When young people develop in an environment where basic survival needs are reliably met, they might subconsciously register that they do not need the safety net provided by religious participation.

Like all observational studies, this research contains some limitations that shape how the results should be viewed. The dataset experienced a gradual drop in participation over the decade, meaning the final results rely on statistical techniques used to fill in missing information. The timeline also overlapped with the 2007 to 2008 financial crisis. While this event hit outside the window of early adolescence for the participants, it likely altered the long-term material realities of many households in the study.

Additionally, the project relied on single survey questions to measure complex concepts. Household income was used as the sole stand-in for existential security, and a single question mapped belief in God. The authors recommend that future studies deploy more nuanced tools to measure physiological stress, perceived trust in local communities, and general health challenges. Broadening the scope of the variables could better pinpoint exactly which environmental features uniquely correlate with individuals leaving supernatural belief systems.

Finally, the study population poses limits on how broadly these conclusions can be drawn. The findings apply to individuals who grew up in the United States and within Christian households during a specific historical period. While the United States has seen rising rates of religious disaffiliation, phenomena like spiritual but not religious identities make the landscape difficult to track. The apostasy process might operate very differently in other cultural contexts or within non-Western faith traditions.

The study, “The longitudinal associations of material security and belief in God in young Americans,” was authored by Martin Lang, Petr Palíšek, and Radim Chvaja.

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

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DATE: July 30, 2026 at 02:00PM
SOURCE: PSYPOST.ORG

** Research quality varies widely from fantastic to small exploratory studies. Please check research methods when conclusions are very important to you. **
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TITLE: Financial security in childhood predicts a later loss of religious faith

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

Young people who grow up in financially secure households are slightly more likely to lose their belief in God by the time they reach adulthood. A newly published analysis follows thousands of teenagers over a decade, showing that early material comfort predicts a later decline in religious faith. The results, detailed in the journal Evolutionary Human Sciences, suggest that modern secularization might stem in part from a reduced need for the social and psychological support systems that religious traditions traditionally provide.

Religious beliefs and practices are common across different human cultures throughout history. From an evolutionary perspective, this widespread presence presents a puzzle because participating in religious traditions requires extensive time, energy, and resources. Devout individuals might donate portions of their income, abstain from certain foods, or spend hours engaged in prayer and collective ceremonies. Evolutionary anthropologists propose that these substantial costs are offset by unique social and survival benefits. Group rituals and shared supernatural beliefs often foster intense cooperation among members, creating tight-knit communities that share resources during hard times.

Faith can also act as a psychological buffer against anxiety, ultimately improving a person’s general well-being. Environmental stressors tend to reinforce these benefits. When people face natural disasters, regional wars, or severe economic crises, they often display heightened religious devotion. Turning to a higher power and relying on a congregation can provide a sense of control and a safety net when the physical world feels entirely unpredictable.

Over the past century, a contrasting trend has emerged across many parts of the globe. In a process known as secularization, large numbers of people in developed nations have begun abandoning religious institutions and losing their faith in a higher power. Sociologists and evolutionary theorists have proposed the existential insecurity theory to account for this global shift. This idea suggests that as economic development brings financial and political stability, everyday existence becomes safer and more predictable.

Under this theory, a secure environment reduces the immediate need for the cooperative networks and anxiety-relieving practices that religious groups offer. While previous studies have shown that wealthier, more economically equal nations tend to be less religious than poorer, more unequal ones, much of this evidence involves comparing different countries or groups at a single point in time. It is harder to observe exactly how and when individuals lose their faith as their personal environments change.

Martin Lang, a researcher at Masaryk University in the Czech Republic, led a team to investigate how these environmental factors play out over an individual’s life. Lang and his colleagues, Petr Palíšek and Radim Chvaja, wanted to track the development of religious belief from early adolescence into young adulthood. They chose to focus on the teenage years because adolescence is a prime period for human identity formation, where individuals actively construct their worldviews based on their surroundings.

To test the existential insecurity theory, the research team analyzed data from the National Study of Youth and Religion. This longitudinal project tracked a sample of thousands of Americans over roughly ten years. Data collection began in 2002 and spanned four distinct interview waves, concluding around 2013. The researchers focused on an initial group of about 2,800 teenagers, aged between thirteen and seventeen, who identified with a Christian denomination and professed a belief in God during the first wave of interviews.

The team used parent-reported household income during the first data collection wave to represent early adolescent material security. They then mapped this financial data against the teenagers’ responses to questions about their belief in God across the three subsequent interview waves. Instead of trying to prove a direct physical cause, their analysis checked for a predictive association. This is a statistical relationship where a specific starting condition reliably forecasts an outcome over time.

To isolate the specific role of material wealth, the researchers built specialized models that controlled for alternative influences. They adjusted the data to account for parental education, ethnic background, the participant’s gender, general age differences, and specific religious denominations. By holding these demographic factors steady in their equations, the team could look exclusively at the trajectory of adolescents moving from secure or insecure homes into their adult lives.

The data revealed a negative association between early financial security and later religious faith in the young adults. Teenagers who grew up in the highest-income households were more likely to report losing their belief in God by their mid-twenties, compared to their peers in the lowest-income households. The effect size, though present, was relatively modest on a statistical level.

About five percent of participants from the least materially secure backgrounds eventually reported that they no longer believed in God. In contrast, among those from the most secure backgrounds, that figure rose to eleven percent. The research team noted that the negative relationship between early wealth and belief in a higher power grew slightly stronger with each passing wave of the study, suggesting that the ideological associations of a comfortable childhood compound over time.

The researchers also modeled alternative paths that might explain a loss of faith to ensure they were looking at the right variables. For example, previous sociological theories proposed that higher education leads to secularization, based on the assumption that college training focuses on critical thinking that displaces religious thought. In this analysis, logging higher educational attainment did not meaningfully predict a decrease in belief in God, leaving material security as the more stable economic predictor.

A different factor entirely overshadowed the statistical role of material wealth. The frequency of a parent’s participation in religious rituals was a massive predictor of whether a child maintained their faith into adulthood. Anthropologists refer to this as the theory of credibility-enhancing displays. According to this framework, children are skeptical learners who evaluate whether their parents practice what they preach. When parents engage in the costly behaviors of regular religious attendance, children are far more likely to absorb and retain those beliefs.

Still, even when accounting for how often parents attended church, the background level of household financial stability independently predicted a later decline in belief. The researchers interpret this as moderate support for the existential insecurity theory. When young people develop in an environment where basic survival needs are reliably met, they might subconsciously register that they do not need the safety net provided by religious participation.

Like all observational studies, this research contains some limitations that shape how the results should be viewed. The dataset experienced a gradual drop in participation over the decade, meaning the final results rely on statistical techniques used to fill in missing information. The timeline also overlapped with the 2007 to 2008 financial crisis. While this event hit outside the window of early adolescence for the participants, it likely altered the long-term material realities of many households in the study.

Additionally, the project relied on single survey questions to measure complex concepts. Household income was used as the sole stand-in for existential security, and a single question mapped belief in God. The authors recommend that future studies deploy more nuanced tools to measure physiological stress, perceived trust in local communities, and general health challenges. Broadening the scope of the variables could better pinpoint exactly which environmental features uniquely correlate with individuals leaving supernatural belief systems.

Finally, the study population poses limits on how broadly these conclusions can be drawn. The findings apply to individuals who grew up in the United States and within Christian households during a specific historical period. While the United States has seen rising rates of religious disaffiliation, phenomena like spiritual but not religious identities make the landscape difficult to track. The apostasy process might operate very differently in other cultural contexts or within non-Western faith traditions.

The study, “The longitudinal associations of material security and belief in God in young Americans,” was authored by Martin Lang, Petr Palíšek, and Radim Chvaja.

URL: https://www.psypost.org/financial-security-in-childhood-predicts-a-later-loss-of-religious-faith/

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Private, vetted email list for mental health professionals: https://www.clinicians-exchange.org

Unofficial Psychology Today Xitter to toot feed at Psych Today Unofficial Bot @PTUnofficialBot

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#psychology #counseling #socialwork #psychotherapy @psychotherapist @psychotherapists @psychology @socialpsych @socialwork @psychiatry #mentalhealth #psychiatry #healthcare #depression #psychotherapist #FinancialSecurity #AdolescentBeliefs #Secularization #ReligiousFaith #MaternalWealthImpact #ExistentialInsecurity #ReligiousAttachment #YouthReligion #CosmicCausality #EvolutionaryAnthropology

Bangkok Post – 17.3m workers ‘unable to support their retirement’

PUBLISHED : 24 Jul 2026 at 05:24 The National Statistical Office says the number of workers aged 46-60,…
#NewsBeep #News #Personalfinance #Business #costoflivingthailand #Finance #financialsecurity #nationalstatisticaloffice #PersonalFinance #retirementplanningthailand #socio-economicconditions #TDRI #thailandretirementsavings #UK #UnitedKingdom #workingagepopulation
https://www.newsbeep.com/uk/708566/

Bangkok Post – 17.3m workers ‘unable to support their retirement’

PUBLISHED : 24 Jul 2026 at 05:24 The National Statistical Office says the number of workers aged 46-60,…
#NewsBeep #News #Personalfinance #AU #Australia #Business #costoflivingthailand #Finance #financialsecurity #nationalstatisticaloffice #PersonalFinance #retirementplanningthailand #socio-economicconditions #TDRI #thailandretirementsavings #workingagepopulation
https://www.newsbeep.com/au/820363/

Bangkok Post – 17.3m workers ‘unable to support their retirement’

PUBLISHED : 24 Jul 2026 at 05:24 The National Statistical Office says the number of workers aged 46-60,…
#NewsBeep #News #Personalfinance #AU #Australia #Business #costoflivingthailand #Finance #financialsecurity #nationalstatisticaloffice #PersonalFinance #retirementplanningthailand #socio-economicconditions #TDRI #thailandretirementsavings #workingagepopulation
https://www.newsbeep.com/au/820363/

Here’s how much wealth you need to thrive, based on your age

Three in four Americans don’t have enough wealth to weather financial setbacks and achieve major life milestones, according…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #financialfutures #financialsecurity #PersonalFinance #retirementsecurity #StevenBrown #TheAspenInstitute #Wealth
https://www.newsbeep.com/us/779223/

Here’s how much wealth you need to thrive, based on your age

Three in four Americans don’t have enough wealth to weather financial setbacks and achieve major life milestones, according…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #financialfutures #financialsecurity #PersonalFinance #retirementsecurity #StevenBrown #TheAspenInstitute #Wealth
https://www.newsbeep.com/us/779223/

Le ransomware DragonForce frappe une coopérative de crédit communautaire. Les petites institutions financières restent des cibles de choix : ressources limitées, données sensibles, pression forte à payer rapidement. Ce n'est pas un hasard dans le ciblage — c'est une stratégie. #ransomware #infosec #financialsecurity
https://malware.news/t/dragonforce-ransomware-attack-on-one-community-fcu/124142

Atal Pension Yojana: How to open account, eligibility criteria, pension scheme payout — Check top FAQs answered here

The Pension Fund Regulatory and Development Authority’s Atal Pension Yojana aims to provide pension cover for the poo…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Aadhaarrequirements #AP #APYenrollment #AtalPensionYojana #Business #financialsecurity #money #pension #pensionscheme #PersonalFinance #taxbenefits
https://www.newsbeep.com/us/771378/

Atal Pension Yojana: How to open account, eligibility criteria, pension scheme payout — Check top FAQs answered here

The Pension Fund Regulatory and Development Authority’s Atal Pension Yojana aims to provide pension cover for the poo…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Aadhaarrequirements #AP #APYenrollment #AtalPensionYojana #Business #financialsecurity #money #pension #pensionscheme #PersonalFinance #taxbenefits
https://www.newsbeep.com/us/771378/

Atal Pension Yojana: How to open account, eligibility criteria, pension scheme payout — Check top FAQs answered here

The Pension Fund Regulatory and Development Authority’s Atal Pension Yojana aims to provide pension cover for the poor,…
#NewsBeep #News #Personalfinance #Aadhaarrequirements #ap #APYenrollment #AtalPensionYojana #Business #Finance #financialsecurity #Money #Pension #pensionscheme #PersonalFinance #TaxBenefits #UK #UnitedKingdom
https://www.newsbeep.com/uk/699396/

https://www.europesays.com/uk/1098017/ Atal Pension Yojana: How to open account, eligibility criteria, pension scheme payout — Check top FAQs answered here #AadhaarRequirements #ap #APYEnrollment #AtalPensionYojana #Business #Finance #FinancialSecurity #money #Pension #PensionScheme #PersonalFinance #TaxBenefits #UK #UnitedKingdom

Love is not just looking at each other, it's looking in the same direction. And that direction should be towards financial security! #Love #FinancialSecurity

Love is not just looking at each other, it's looking in the same direction. And that direction should be towards financial security! #Love #FinancialSecurity

Love is not just looking at each other, it's looking in the same direction. And that direction should be towards financial security! #Love #FinancialSecurity

Love is not just looking at each other, it's looking in the same direction. And that direction should be towards financial security! #Love #FinancialSecurity

Love is not just looking at each other, it's looking in the same direction. And that direction should be towards financial security! #Love #FinancialSecurity

Did you know your retirement account’s safety depends on whether your broker segregates client funds? Many investors overlook this when comparing brokers. BrokerCue’s guide on segregated client accounts explains what to look for. Compare wisely and keep your nest egg protected.

#investing #retirementplanning #personalfinance #brokercomparison #segregatedaccounts #financialsecurity

https://brokercue.com/blog/segregated-client-accounts-broker-protection/

Did you know your retirement account’s safety depends on whether your broker segregates client funds? Many investors overlook this when comparing brokers. BrokerCue’s guide on segregated client accounts explains what to look for. Compare wisely and keep your nest egg protected.

#investing #retirementplanning #personalfinance #brokercomparison #segregatedaccounts #financialsecurity

https://brokercue.com/blog/segregated-client-accounts-broker-protection/

Did you know your retirement account’s safety depends on whether your broker segregates client funds? Many investors overlook this when comparing brokers. BrokerCue’s guide on segregated client accounts explains what to look for. Compare wisely and keep your nest egg protected.

#investing #retirementplanning #personalfinance #brokercomparison #segregatedaccounts #financialsecurity

https://brokercue.com/blog/segregated-client-accounts-broker-protection/

A quotation from Horace

There was a stag, once, who could always defeat a stallion
And drive him out of their pasture — until, tired of losing,
The horse begged help of man, and got a bridle in return.
He beat the stag, all right, and he laughed — but then the rider
Stayed on his back, and the bit stayed in his mouth.
Give up your freedom, more worried about poverty than something
Greater than any sum of gold, and become a slave and stay
A slave forever, unable to live on only enough.
 
[Cervus equum pugna melior communibus herbis
pellebat, donec minor in certamine longo
imploravit opes hominis frenumque recepit;
sed postquam victor violins discessit ab hoste,
non equitem dorso, non frenum depulit ore.
Sic qui pauperiem veritus potiore metallis
libertate caret, dominum vehet improbus atque
serviet aeternum, quia parvo nesciet uti.]

Horace (65–8 BC) Roman poet, satirist, soldier, politician [Quintus Horatius Flaccus]
Epistles [Epistularum, Letters], Book 1, ep. 10 “To Aristius Fuscus,” l. 34ff (1.10.34-41) (20 BC) [tr. Raffel (1983)]

More about (and translations of) this quote: wist.info/horace/80424/

#quote #quotes #quotation #qotd #horace #avarice #bit #bridle #control #economy #enough #fear #financialsecurity #freedom #frugality #greed #impoverishment #insecurity #liberty #master #poverty #selfsufficiency #servility #sufficiency #worry

A quotation from Horace

There was a stag, once, who could always defeat a stallion
And drive him out of their pasture — until, tired of losing,
The horse begged help of man, and got a bridle in return.
He beat the stag, all right, and he laughed — but then the rider
Stayed on his back, and the bit stayed in his mouth.
Give up your freedom, more worried about poverty than something
Greater than any sum of gold, and become a slave and stay
A slave forever, unable to live on only enough.
 
[Cervus equum pugna melior communibus herbis
pellebat, donec minor in certamine longo
imploravit opes hominis frenumque recepit;
sed postquam victor violins discessit ab hoste,
non equitem dorso, non frenum depulit ore.
Sic qui pauperiem veritus potiore metallis
libertate caret, dominum vehet improbus atque
serviet aeternum, quia parvo nesciet uti.]

Horace (65–8 BC) Roman poet, satirist, soldier, politician [Quintus Horatius Flaccus]
Epistles [Epistularum, Letters], Book 1, ep. 10 “To Aristius Fuscus,” l. 34ff (1.10.34-41) (20 BC) [tr. Raffel (1983)]

More about (and translations of) this quote: wist.info/horace/80424/

#quote #quotes #quotation #qotd #horace #avarice #bit #bridle #control #economy #enough #fear #financialsecurity #freedom #frugality #greed #impoverishment #insecurity #liberty #master #poverty #selfsufficiency #servility #sufficiency #worry

A quotation from Horace

There was a stag, once, who could always defeat a stallion
And drive him out of their pasture — until, tired of losing,
The horse begged help of man, and got a bridle in return.
He beat the stag, all right, and he laughed — but then the rider
Stayed on his back, and the bit stayed in his mouth.
Give up your freedom, more worried about poverty than something
Greater than any sum of gold, and become a slave and stay
A slave forever, unable to live on only enough.
 
[Cervus equum pugna melior communibus herbis
pellebat, donec minor in certamine longo
imploravit opes hominis frenumque recepit;
sed postquam victor violins discessit ab hoste,
non equitem dorso, non frenum depulit ore.
Sic qui pauperiem veritus potiore metallis
libertate caret, dominum vehet improbus atque
serviet aeternum, quia parvo nesciet uti.]

Horace (65–8 BC) Roman poet, satirist, soldier, politician [Quintus Horatius Flaccus]
Epistles [Epistularum, Letters], Book 1, ep. 10 “To Aristius Fuscus,” l. 34ff (1.10.34-41) (20 BC) [tr. Raffel (1983)]

More about (and translations of) this quote: wist.info/horace/80424/

#quote #quotes #quotation #qotd #horace #avarice #bit #bridle #control #economy #enough #fear #financialsecurity #freedom #frugality #greed #impoverishment #insecurity #liberty #master #poverty #selfsufficiency #servility #sufficiency #worry