By Lori Lowe

The more one feels loved and accepted by others, the lower the monetary value they will place on their material goods. A March 2011 study in the Journal of Experimental Social Psychology revealed that heightened interpersonal security diminishes the monetary value of possessions.

Two studies involved researchers giving simple items to participants—a pen or a blanket. When participants were asked about their social support or primed with security-related words, they placed a lower monetary value on the items received than if the researchers used positive or neutral language. Placing a focus on relationships caused the material item to have less value.

For individuals who are trying to be less materialistic, get control of their finances, or... More...