Skip to main content

The monkey trap (for humans)

We humans like to think we're smarter than monkeys. But we may be getting caught by a very similar trap.

The future we choose

The book I'm reading wasn't meant to feature here. It wasn't going to be one of my book reviews. I thought it was unrelated - until the subchapter on consumerism.

The author mentioned the monkey trap - a fixed container of food with a hole in the side. The hole is big enough for monkey's hand to enter, but not big enough for a monkey's fist (full of food) to be removed.

So many monkeys are caught because they can't bring themselves to let go. They thought they were holding food, but it was really the food (bait) that was holding them.

At least monkeys do need food

While it's understandable that the monkeys would desire food, our bait seems to be consumerism. It's not even the essentials - it's just things that we are told we need. And we believe it, even if it means we're trapped. 

Or in the author's words, "it has become so embedded in our psyche - to the point of being instinctive - that we cannot let go."


In the UK the average person buys 65 pounds (30 kilograms) of new clothes per year. That's not the necessity of clothing. That's advertising and fashion trends telling us to go get more.

Endless wants

"In the 1920s some Americans were concerned that a new generation was emerging that had satisfied its needs".

Kind of sounds a bit like minimalists today.

"President Hoover's Committee on Recent Economic Change in 1929 concluded that advertising was necessary to create 'new wants that will make way for endlessly newer wants as fast as they are satisfied'."

That certainly sounds like advertising today.

In short

The challenge for us is whether we're smarter than the monkey. The monkey gives up its freedom because it can't let go of the bait. Can we let go of the consumerism for the sake of our financial freedom?

Comments

Popular posts from this blog

Your Money or Your Life

Which is more important? Our money or our life? So why do we trade away so much of our life? Vicki Robin's classic book takes an in-depth look at how we can have a better relationship with money. Here are some of my highlights, though there's so much more great value in the book. I found it so inspirational after reading the foreword and the first chapter. While the backbone of the book is a 9-step plan, there are two concepts that really stand out - even if you never start the plan. One is the idea of "life energy" and our "real hourly wage". The other is the point of enough. Life Energy What is money? Vicki Robin comes to the conclusion that it is a form of life energy. It might sound a bit new-age, but it's like the old business saying "time is money". We exchange our time, and our physical and mental energy to get this thing called money. So when we use it we are effectively spending our life. The exchange rate Spending money is almost like...

The real cost of owning a car

It's been about 10 years since I've owned a car. My wife doesn't own one either. "You must save a lot in petrol" That's one of the frequent reactions when someone discovers we don't own a car. "Of course, but it's just the tip of the iceberg" is the usual theme of my reply. Many people I've talked to just aren't fully aware of the real cost of owning a car. Or even that there are six different costs of owning a car. Six? Really? Yes. Occasionally a work colleague or friend will boast their car only costs $X per week. Of course it turns out only some factors have been counted. Sometimes it's just petrol alone. To some people, that feels like the only cost they pay each week. Why does this matter? You might be questioning the need for a second car in the household (or even having one at all). Or you might just be choosing which car to get next. Either way, to make an informed decision we need proper information. So let's look at...

Where is the best place to live?

Where we live determines a lot about our life.  So today I'm going to share a resource that can help you decide where might be a good place to live.  It started with an article ranking Brisbane suburbs from 1 to 260 . That ranking was based on a set of 17 factors. Here are some of them. But all 17 may not be relevant for you. And some might matter more than others. So they developed a tool where you can rank the 5 factors most important to you and it will give you a personalised list of Brisbane suburbs that would be the best for you - based on those factors. There are also  Sydney and Melbourne  versions. On the results page, there's also a map that colour-codes each suburb by star rating, for each factor. For instance here's the map for public transport. Five-star suburbs are in blue. When you click on a suburb, you get the name and the star rating of that suburb - for whichever factor you select. I find this to be so enlightening. I choose not to own a car. Some...