Investing and Maslow’s Hierachy of Needs

Maslow's hierarchy of needs is one of the most important concepts. This can be applied to improve your daily life, investing and personal finances.

Abraham Maslow developed Maslow's hierarchy of needs when focusing on positive psychology and was part of the humanistic psychology movement. This was different to Sigmund Freud psychology who focused on people's problems.

Maslow was different as he studied why people were successful and tried to find ways to copy this success.

Maslow's theory is one of the most influential concepts for over 100 years. It is also called Maslow theory of motivation and has been inspirational for many people to be more self motivated to improve their lives

His pyramid is well known but many people do not know the final piece of the puzzle and the top of the pyramid.

When investing understanding your needs using the pyramid can be really important. Why are you spending what you are spending? Are you going over budget? Do you need to save more? All these questions can have an impact on our motivation and the level of the pyramid that we have reached.

In this video, we reveal the final need on the pyramid of Maslow's hierarchy. It is not self-actualisation as many people think.

https://www.youtube.com/watch?v=3_oCDiAkTDs&t=21s

Watch this video to find out more.

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