Hardship surely has an influence on mentallity.

[slapper]

Mentality can change, it can be much better if all the difficulties are faced, economic difficulties, solving problems, and all the problems that hit the mind and soul so that our mentality is often hit, it makes us sick, afraid, restless, anxious because the problem is not as easy as it is said to find a solution, especially in economic matters, there is no need to blame external things from ourselves such as the environment, the government and so on as long as you still want to learn and change yourself to be better, the mentality slowly builds itself and can be better, successful people are mentally forged by many problems that they have never encountered but they get out of the zone of fear and confusion which ultimately leads them to a better life.

Hardship changes how you evaluate risk and also your tolerance for uncertainty.

You're seeing it as hard work is equal to strength. However, there are individuals who suffer through massive financial losses and end up more reckless than ever before. They absorbed into themselves "I survived that" without knowing WHY they almost didn't. And then they repeat the same patterns with more confidence, which is arguably worse.

It's the process that's important, not the experience itself. Two people can go through the exact same bear market. One writes and thinks and adapts their tactics and takes what they failed to get right. The other just walks away, gets by on luck and grit and thinks he's tough when really he's just been lucky with the timing.

I partially agree that no blame should be placed. It's unproductive to assign blame. What is really intelligence is the awareness of structural issues. If you are trading in a manipulated market and you don't recognize that it is a manipulated market and you still say that it is “outside”, brother you're gonna lose money. Repeatedly.

[Oluwa-btc]

Mental stress from economic hardship also affects the productivity of persons.

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

Hardship has lots of workings on the human psychology that may either render positive or negative impacts on the individual. When one undergo hardship it prones them to persevere and endure long-term situations that in turn may tell on the output of the individual. For instance someone under hardship may be limited to some extent ranging from duties risks and many more cause the physical self had undergone stress, anxiety that has mentally drained them causing them to always think in one direction rather than spreading off.

[Royal Cap]

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

I would say that economic hardship not only makes people weak but also makes them realistic at times. When life gets tough people quickly realize what they really need and what they just want. That's why many people take less risk at that time, because stability is the most important thing for them.  However when people are under such pressure for a long time they gradually stop dreaming big. It's worse than losing money, because then people assume that nothing will happen before they even try, I think this is where the biggest impact of financial hardship lies.

[Youngrebel]

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

I would say that economic hardship not only makes people weak but also makes them realistic at times. When life gets tough people quickly realize what they really need and what they just want. That's why many people take less risk at that time, because stability is the most important thing for them.  However when people are under such pressure for a long time they gradually stop dreaming big. It's worse than losing money, because then people assume that nothing will happen before they even try, I think this is where the biggest impact of financial hardship lies.

Finincial hardship form experience and also with what have observed for people it doesn’t just affect a persons pocket alone, it also mindset and that why you see people who are broke or people who the economy is really touching you see such people being so loyal and disciplined. And I agree with where you said people stop dreaming big dream because continual struggle or hustle can make a man expect failure even before trying what ever it is, and loosing hope is something that can kill a man.

[Juicyhome]

Mental stress from economic hardship also affects the productivity of persons.

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

To have money is important to your health not having money will affect one mentally, when you have unpaid bills and needs it will actually stress you mentally. That's why you someone talking to himself on the street, it's not normal it's a mental stress from hardship.

Hardship is something you shouldn't pray for, it's hard to stay without money for a day talk more of a week or Months, many people are passing through hardship that's why they don't smiles or go out for fun, you can't have fun with an empty pocket. Hardship will determine your mental health, rich ones are always happy, traveling and having fun because they have money to spend.when you don't have the means to enjoy,you will result to thinking to depression.

[Youngrebel]

To have money is important to your health not having money will affect one mentally, when you have unpaid bills and needs it will actually stress you mentally. That's why you someone talking to himself on the street, it's not normal it's a mental stress from hardship.

Hardship is something you shouldn't pray for, it's hard to stay without money for a day talk more of a week or Months, many people are passing through hardship that's why they don't smiles or go out for fun, you can't have fun with an empty pocket. Hardship will determine your mental health, rich ones are always happy, traveling and having fun because they have money to spend.when you don't have the means to enjoy,you will result to thinking to depression.

Stress from hardship can actually change an our behavior, emotions, and even how they relate with others when, we someone is constantly thinking about food, responsibilities, or even survival, it is actually very difficult to have peace mentally and i agree with you that prolonged hardship can make people lose interest in enjoyment and social life because most times it is not because they do not want happiness, but because survival becomes the main focus.

[Hewlet]

Mental stress from economic hardship also affects the productivity of persons.

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

Hardship has lots of workings on the human psychology that may either render positive or negative impacts on the individual. When one undergo hardship it prones them to persevere and endure long-term situations that in turn may tell on the output of the individual. For instance someone under hardship may be limited to some extent ranging from duties risks and many more cause the physical self had undergone stress, anxiety that has mentally drained them causing them to always think in one direction rather than spreading off.

Someone that has gone through hardship is almost like someone that's hungry. The same way you tag an hungry man to be an angry man is the same way someone that has faced serious hardship always experience a mentality that's completely dilrayed.

As long as you're not doing well financially, your mentality is going to be affected which is the main reason why we have a lot of people getting easily provoked at the slightest utterance. The reason is basically because life has shown them downs to the point that they are easily angry at people.

[WillyAp]

Most self made people have gone thru some kind of hardship.
It makes a difference but much different to what people think.

[Cheema02]

Hardship has lots of workings on the human psychology that may either render positive or negative impacts on the individual. When one undergo hardship it prones them to persevere and endure long-term situations that in turn may tell on the output of the individual. For instance someone under hardship may be limited to some extent ranging from duties risks and many more cause the physical self had undergone stress, anxiety that has mentally drained them causing them to always think in one direction rather than spreading off.

Sometime difficult conditions changes the way of thinking of individuals and these situations inhance individuals patience which helps them to survive in panicked situations. Along with the positive side of hardships it has many drawbacks like people becomes the witness of stress and anxiety so when an individual mentally disturb then he lost the thinking qualities to improve himself. And continous pressure on mind disturb the individual's focous and creativity and he focused just on survival rather than financial growth. At the same time difficult situations affects people in different way which depends on environment in which individuals survive so many people take hardships as an opportunity and as motivation and some take it as stress. So difficulties behave in different ways which depends on the mentality of individuals.

[puloweh555]

Hardship surely has a great influence on the mentality and the way people live. Just like the way the environment influence the way a person behaves . A person who struggles with the basic needs of life talking about food, clothing and shelter will have attitudinal problems because, such people will be seeing life as a race of survival because they can so anything just to survive. Hardship make


The way a person is in terms of character and even in relationships with people has a link with the economic level of the person. Hardship to a large extent conditions us to think in a particular way.

Economic hardship often causes stress, decreasing productivity, making it increasingly difficult to earn money and increasing stress. This is compounded by the environment which unconsciously shapes our character making us increasingly trapped. But we must also maintain the mindset that nothing is absolute as we as humans have room for reflection and change. Essentially when we begin to feel the trap and want to escape or perhaps are looking for ways to maintain our spirits so we don't sink further we must realize that change is indeed slow and tiring but each time we succeed we are a little better than yesterday because we are actually weakening the chain of the trap. Slowly but surely.

Many successful entrepreneurs around the world have risen from bankruptcy because they were able to properly manage adversity. So you could compare adversity to fire. It can burn away or it can forge steel to make a machete or sword. Likewise your mentality is not determined by the severity of the adversity, but by what you do while facing it.

[Abu-Naim]

Most self made people have gone thru some kind of hardship.
It makes a difference but much different to what people think.

Hardship have strong effect in our mentality; it can be positive mentality to make you hustle more to succeed in order to let the hardship stop with and not to extend to your family. This type of people do have solid mentality and will try harder regardless of the hardship to pave way for themselves through passing a lot of challenges just to make sure they become successful.

While hardship do change some set of people completely, they do have no choice than to look for how to survive, they don’t have any plan about future, the hardship have limited their thinking to only focus on solving present problem and not future problems, and these are different set of people that have changed mentality with hardship.

[Bitcoin.com97]

When people are thinking of survival, somethings  may not really matters, suffering and hardship has so much effect on how people thinks , it changes mindset ,many who transferred aggression it could because of what they are going through, when life has dealt with you , approaches towards people are always different, hardship is what I don’t wish on anyone , because even spending money on a good thing will now look like a financial mistake all because of hardship, looking at what you need and not been able to afford it is another level of pain.

[Fortify]

When we talk of economic hardship, people relate it mostly with its effect on the accounts and pockets of persons, but hardship does more than that, it does a lot of damage to the mentality of victims of economic hardship.

When people experience pressure under economic hardship, their thinking is surely short term, instead of thinking of the next investment, the attention is fixed in the next meal; capital expenditure is surely eliminated.

Economic hardship also affects the ability to take calculated risks, and try out new ideas, because there's little or no room to risk resources without certainty of returns, totally avoiding the ability to earn potential rewards from risks.

Mental stress from economic hardship also affects the productivity of persons.

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

It's worth understanding that we can often be limited by our own interactions with the world, how we were raised and what things we had access to when growing up. Somebody brought up in a rich family might never or very rarely try junky fast food, they might arrive by chaffeur to a private entrance at the airport or attend an elite single sex boarding school for most of their education. That can shape their world view, maybe creating an illusion or distorted view of the struggles that other people face. The same is true in reverse if you are raised in a poorer family, even when you start to earn money you might not know how to spend it wisely after seeing all the debt traps or poor spending habits that other people shared with you. That is one way that hardship can echo down the generations of a family.

[Youngrebel]

When people are thinking of survival, somethings  may not really matters, suffering and hardship has so much effect on how people thinks , it changes mindset ,many who transferred aggression it could because of what they are going through, when life has dealt with you , approaches towards people are always different, hardship is what I don’t wish on anyone , because even spending money on a good thing will now look like a financial mistake all because of hardship, looking at what you need and not been able to afford it is another level of pain.

Hardship is not something any human being on earth prays for and the most painful thing about hardship is how it steals peace of mind, even when you want to buy something necessary for yourself you start feeling like a mistake all because you always thinking about the next problem or responsibility waiting ahead and to honestly, seeing the things you truly need but not being able to afford them can break someone mentally and emotionally and that’s why I try not to judge anybody because nobody knows what the next person is facing secretly.

[Yeesha]

When people are thinking of survival, somethings  may not really matters, suffering and hardship has so much effect on how people thinks , it changes mindset ,many who transferred aggression it could because of what they are going through, when life has dealt with you , approaches towards people are always different, hardship is what I don’t wish on anyone , because even spending money on a good thing will now look like a financial mistake all because of hardship, looking at what you need and not been able to afford it is another level of pain.

Hardship is not something any human being on earth prays for and the most painful thing about hardship is how it steals peace of mind, even when you want to buy something necessary for yourself you start feeling like a mistake all because you always thinking about the next problem or responsibility waiting ahead and to honestly, seeing the things you truly need but not being able to afford them can break someone mentally and emotionally and that’s why I try not to judge anybody because nobody knows what the next person is facing secretly.

The fact is that, as long as the rate of unemployment and inflation continues to rise, people will continue facing more problems. Hardship can have a serious negative effect on one's life. But some could be as a result of negligence and ignorance due to excessive spending on unnecessary things. The uncertainty of life should be a great example to us, besides no one knows what is going to happen in the future. If you can't preserve or utilise what you have, it may affect you in the future because you might be in need of it. We shouldn't be blinded by pride, ego or impression, if not one day the situation of the economy will humble you, and by then, it may have been too late for you to adjust.

[Johnlomape]

Economic policies in any economy is important, when economic hardship is created, it doesn't just affect the financial situations, it also affects the mentality of individuals and households.

I would say that economic hardship not only makes people weak but also makes them realistic at times. When life gets tough people quickly realize what they really need and what they just want. That's why many people take less risk at that time, because stability is the most important thing for them.  However when people are under such pressure for a long time they gradually stop dreaming big. It's worse than losing money, because then people assume that nothing will happen before they even try, I think this is where the biggest impact of financial hardship lies.

Economy hardship can be seen as a threat to the survival of an average person trying all that can be possible to take care of bills and work to earn money. There are so many business that had close because of economy hardship that are being threatened by the government. If the government is not doing the right that are meant to be done like providing job opportunities and industrialized society, this could be a big threat to the people indirectly increasing the inflation and make everything more expensive.

[DiMarxist]

When people are thinking of survival, somethings  may not really matters, suffering and hardship has so much effect on how people thinks , it changes mindset ,many who transferred aggression it could because of what they are going through, when life has dealt with you , approaches towards people are always different, hardship is what I don’t wish on anyone , because even spending money on a good thing will now look like a financial mistake all because of hardship, looking at what you need and not been able to afford it is another level of pain.

Hardship is not something any human being on earth prays for and the most painful thing about hardship is how it steals peace of mind, even when you want to buy something necessary for yourself you start feeling like a mistake all because you always thinking about the next problem or responsibility waiting ahead and to honestly, seeing the things you truly need but not being able to afford them can break someone mentally and emotionally and that’s why I try not to judge anybody because nobody knows what the next person is facing secretly.

Hardship takes away your dignity as a human beings and reduces your personality because when you are poor you are at a disadvantaged position in life so the probability of people trampling on your basic fundamental human rights is high and you can't do anything about it. Hardship really affect the way an individual thinks and even react to issues when matter rises. Poverty conditions your thinking faculty and it will take decisions that sometimes don't go down well with people.

[slapper]

~

It's worth understanding that we can often be limited by our own interactions with the world, how we were raised and what things we had access to when growing up. Somebody brought up in a rich family might never or very rarely try junky fast food, they might arrive by chaffeur to a private entrance at the airport or attend an elite single sex boarding school for most of their education. That can shape their world view, maybe creating an illusion or distorted view of the struggles that other people face. The same is true in reverse if you are raised in a poorer family, even when you start to earn money you might not know how to spend it wisely after seeing all the debt traps or poor spending habits that other people shared with you. That is one way that hardship can echo down the generations of a family.

It's one thing to hear about financial difficulties. Seeing it in your own family can make an indelible impact. You can't build a relationship with money that's based on strategy. The one that you create is fear-based. Those are operating systems that are entirely different, produce entirely different output when fed the same input.

Like I've seen this discussed a hundred times. Then it is all the way to "financial literacy" as a solution. But someone can explain compound interest to you perfectly you will still panic-spend when money hits your account. Your nervous system has developed something your conscious mind didn't replace. The disconnect between knowing and doing is conditioning before you had any defenses against it.

It definitely has a cross generational thing to it. Most people just underestimate how those dynamics get transmitted. It's watching your mom put bills in a drawer. Its learning is that money is a cause of arguments. Its absorbing the idea that wanting more somehow makes you ungrateful. This was supposed to be addressed by the information age. Unsurprisingly it didn't. Not really.

[Fredomago]

When people are thinking of survival, somethings  may not really matters, suffering and hardship has so much effect on how people thinks , it changes mindset ,many who transferred aggression it could because of what they are going through, when life has dealt with you , approaches towards people are always different, hardship is what I don’t wish on anyone , because even spending money on a good thing will now look like a financial mistake all because of hardship, looking at what you need and not been able to afford it is another level of pain.

Hardship is not something any human being on earth prays for and the most painful thing about hardship is how it steals peace of mind, even when you want to buy something necessary for yourself you start feeling like a mistake all because you always thinking about the next problem or responsibility waiting ahead and to honestly, seeing the things you truly need but not being able to afford them can break someone mentally and emotionally and that’s why I try not to judge anybody because nobody knows what the next person is facing secretly.

The fact is that, as long as the rate of unemployment and inflation continues to rise, people will continue facing more problems. Hardship can have a serious negative effect on one's life. But some could be as a result of negligence and ignorance due to excessive spending on unnecessary things. The uncertainty of life should be a great example to us, besides no one knows what is going to happen in the future. If you can't preserve or utilise what you have, it may affect you in the future because you might be in need of it. We shouldn't be blinded by pride, ego or impression, if not one day the situation of the economy will humble you, and by then, it may have been too late for you to adjust.

Great point, we just need to adjust to what we can do and not to keep a lifestyle that we can't sustain, hardship will teach us how to value things out, but for the betterment it should not be taken for granted and just go with the flow, it should be taking care and the value of that hardship dictates how we should be flexible to make sure that we can survive and we can dictate our intension to how we can succeed.

[HustleZ]

[…]

Well you talked about the bad side of economic hardship how it makes a person less long term focused and more short term and makes a person more fearful and that is right in some way but it has a positive effect more than it has a negative effect, economic/financial hardship makes a person more hardworking. A financially weak person oftently has a hunger for success and that’s what makes them better and more likely to be successful. There is very less inherited billionaires but alot of self made billionaires which didn’t have that “financial freedom” from the start and their hunger for success made them such billionaires and if they had been comfortable their whole lives they wouldn’t have achieved this much that they have now.