Thursday, May 1, 2014

maslow's hierarchy of needs and money

I am not sure where I got this picture. But it's the best illustration for maslow's hierarchy of needs and money impacts on motivation
Human needs as identified by Maslow (from Wikipedia):
  • At the bottom of the hierarchy are the "Basic needs or Physiological needs" of a human being: food, water, sleep and sex.
  • The next level is "Safety Needs: Security, Order, and Stability". These two steps are important to the physical survival of the person. Once individuals have basic nutrition, shelter and safety, they attempt to accomplish more.
  • The third level of need is "Love and Belonging", which are psychological needs; when individuals have taken care of themselves physically, they are ready to share themselves with others, such as with family and friends.
  • The fourth level is achieved when individuals feel comfortable with what they have accomplished. This is the "Esteem" level, the need to be competent and recognized, such as through status and level of success.
  • Then there is the "Cognitive" level, where individuals intellectually stimulate themselves and explore.
  • After that is the "Aesthetic" level, which is the need for harmony, order and beauty.
  • At the top of the pyramid, "Need for Self-actualization" occurs when individuals reach a state of harmony and understanding because they are engaged in achieving their full potential.[Once a person has reached the self-actualization state they focus on themselves and try to build their own image. They may look at this in terms of feelings such as self-confidence or by accomplishing a set goal.
The first four levels are known as Deficit needs or D-needs. This means that if you do not have enough of one of those four needs, you will have the feeling that you need to get it. But when you do get them, then you feel content. These needs alone are not motivating.

Contact Form

Name

Email *

Message *