Speech Outline: Exploring the Downside of Excess Money, Psychology

This speech outline explores the negative psychological impacts of acquiring excess money, focusing on how wealth can alter an individual's behavior and attitude. The introduction grabs attention with a story, establishes credibility, and highlights the significance of understanding the downsides of excessive wealth. The body of the speech uses the Monroe's Motivated Sequence to outline the need for a shift in perspective, providing examples such as the arrogance of the Egyptian king Firaun and the spendthrift behavior of Nicolas Cage. The outline acknowledges counterarguments, such as the philanthropic efforts of Bill Gates and Warren Buffett, but emphasizes that such examples are exceptions. The satisfaction section suggests cultivating generosity, limiting media consumption, maintaining a gratitude journal, and practicing a no-product list to combat the negative effects. The visualization section promotes self-control and improved social relations. The conclusion reiterates the importance of money management and the individual's choice to use wealth for positive or negative outcomes, reinforcing the central argument that excessive wealth can lead to undesirable psychological consequences. References to academic sources support the claims made throughout the outline.

Running Head: SPEECH OUTLINE
SPEECH OUTLINE
Nam of the Student
Name of the University
Author Note

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Introduction
1. In the Introduction, have you reworked the Attention, Significance, Credibility, into key
words and phrases, keeping the purpose statement as a full sentence? 100
I. Attention: Grab attention with simple stories.
II. Purpose: Demonstrating the audience the dreadful consequences of acquiring excess money
III. Credibility: reliable sources
IV. Significance: helpful to know adverse impacts of excess money (Argyle and Furnham
2013).
Transition: The main points:
Body
I. Need: Excess money transforms attitude, induces unhealthy social behaviour
A. Argument 1: Financial strength and power made Egyptian king Firaun arrogant
B. Argument 2: Excess money made Nicolas cage spendthrift
C. counter agreement-From the story of Bill Gates being and Warren buffet it positive
impacts of having excess money can be realized.
There are eminent personalities who have utilized the vast wealth acquired by
them for the sake of the society or for social welfare. Only a few percentages of the
rich and well established people use their excess money for a noble cause. Most of the
reach people boast over the riches acquired by them and also form false perception
that, everything can be earned with the help of money. Moreover, rich people also

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inculcate bad habits like gambling and unhealthy drinking as well as eating habits. In
short when a common man is able to achieve a lot of money, he or she uses all the
riches they have for wrong pleasures, their pride for having excessive money actually
form false perception about life in their minds, they become arrogant too. All these
accelerate their destruction (Yang et al. 2013).
II. Satisfaction:
1. If a person cultivate in him or her the habit of being generous
2. Less usage of both the television as well as interenet
3 Maintaining of the gratitude journal
4. one should maintain no-product list for 30 days.
Evidence-A story of emigrant in America, who seeing American’s definition of
success as wealth felt depressed and started practicing gratitude which made
immensely positive (Achtziger Alós-Ferrer and Wagner 2015).
III. Visualization
1. Self-control, or controlling of desires to acquire more money
2. Improved social relation
3. Teach kids to acquire the quality of self-control.

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Conclusion
1. It is true that money assist in building up a society, in which people may
have a good standard of living. Thus money gives birth to a happy a swell as
prosperous society.
2. Excessive wealth may spoil the nature, character as well as behavior of a
person.
3. Money management should be improved for a better lifestyle and healthy
society.
4. It is the choice of an individual either to make his or her life a heaven, by
utilizing money for fruitful or noble causes or make life hell by squandering
it into evil things.
5. There are eminent personalities who have utilized the vast wealth acquired by them for
the sake of the society or for social welfare. Only a few percentages of the rich and well
established people use their excess money for a noble cause. Most of the reach people
boast over the riches acquired by them and also form false perception that, everything can
be earned with the help of money. Moreover, rich people also inculcate bad habits like
gambling and unhealthy drinking as well as eating habits. In short when a common man
is able to achieve a lot of money, he or she uses all the riches they have for wrong
pleasures, their pride for having excessive money actually form false perception about
life in their minds, they become arrogant too. All these accelerate their destruction.

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References:
Achtziger, A., Alós-Ferrer, C. and Wagner, A.K., 2015. Money, depletion, and prosociality in
the dictator game. Journal of Neuroscience, Psychology, and Economics, 8(1), p.1.
Argyle, M. and Furnham, A., 2013. The psychology of money. Routledge.
Yang, Q., Wu, X., Zhou, X., Mead, N.L., Vohs, K.D. and Baumeister, R.F., 2013. Diverging
effects of clean versus dirty money on attitudes, values, and interpersonal behavior. Journal of
Personality and Social Psychology, 104(3), p.473.