Seminar paper from the year 2010 in the subject Psychology - Social Psychology, grade: 1,7, University of Cologne (Wirtschafts- und Sozialpsychologisches Institut), course: Psychology of Money Management, language: English, abstract: "Money, money, money - must be funny - in the rich man's world. All the things I could do - if I had a little money." This famous lyric points out that being in the possession of money opens up a wide range of possibilities due to the fact that money can be used as a means of payment for any products or services as well as a store of purchasing power. However,...