A term originally coined by Mistress Amelia Marx that became popular through research and use of the term in media and on the internet in the early 90's.
Financial Domination stemming from a fetish of financial slavery or to be Dominated in a financial way. Miss Marx found this to be a natural extension for any Professional Dominatrix who is already being paid for Fetish services, and began to exploit it with clients who shared her fetish.
She said that some of her clients were aroused as much by giving money to a Dominant woman, as they were by any fetishes they may have been coming to see her for. And, that she was indeed aroused from their financial worship. She began to study the nature of the fetish, or fetishes, behind financial arousal and put it to use in her lifestyle.
Today, her work has spawned an entire cult fetish, and type of Domination. Terms like moneypig, wallet rape, money slavery, and more all came from her early exploitation of this very real fetish with her clients.
Miss Marx noticed his instant erection as he handed her the money for their session, realizing his enjoyment of Financial Domination. This was a moneyslave.
The moneyslave enjoyed Financial Domination. There was no better high, for him, than taking care of his Mistress, and allowing her to own him so completely.
A piece of plastic that has demonic powers in its abiltity to keep a person in financial slavery for the rest of their life.
A credit card is donomic and should only be used when absolutely necessary or in an emergency.
The gradual conversion of your wealth and possessions to the government, through taxes, inflation and unjust laws.
Due to financial erosion, I opted to not maintain my property while I scrape up the cash to pay the property taxes.
Rat Race is a term used to describe a frustrating, hard-to-break financial lifestyle. It is a lifestyle that is lived by countless people, oblivious to the very nature of it, to a degree that even when called upon, vehemently deny it.more...
To summarize the Rat Race, It involves subjecting one's self to a time-consuming job, saddling one's self with heavy mortgages/rents, bills, children, and liabilities, forcing the individual to continue busting his or her ass at that same job. The illusion that working at the same job will be better bars off alternatives.
It is also a misconception that getting more money will solve financial distress, but those who subject themselves most voluntarily to the race, just spend more and more, digging themselves the same hole. "I'm not interested in money." They will say. If they aren't, then why are they thanklessly toiling their lives away and constantly bitching about their financial scarcity?
It involves a variable combonation of self-induced fear of poorness, a lack of choice, horrible spending habits, or the inability to adapt to the new changes in the work force taking place during the time of this definition entry.
There exists many options for financial gain and exit of the rat race. Remember, the definition of insanity also entails doing the same thing over and over again, in an attempt to make things change.
September 20, 2012 Urban Word of the Day
n - A mystical transaction in which a student and/or parent subjects themselves to financial slavery (indentured servitude) for the foreseeable future.
Tim: Hey, I just got approved for a student loan!
Fred: Want to go to Taco Bell?
Tim: Sorry, I just took out a student loan.
Plastic passport to debt slavery. Let's face it, if you can't afford something by direct debit, does it make sense to take out a high interest loan for it? If you can't afford to pay for it now, will you be able to pay even more shortly later?
Madness! Credit cards lead to spiraling debt by encouraging a buy now, PAY through the roof later culture. Ease of use helps people forget that they're spending hard money, moreso than cash.
Can be ruthless in reclaiming spiraling debt, people have become bankrupt and lost house and home because of credit cards.
Often seduce impressionable people with an array of asthetic/colour options, promoting it as a fashion item to be flouted!
FACT: The collective personal debt of Britain is now around one trillion Pounds (£); that's greater than the entire external debt of Africa, Asia and Latin America combined! Talk about a credit card culture. The bubble will burst, with mass reposessions etc.
Sadly, the vast majority of us are in slavery, whether it be based upon the necessity of a college degree, the expecation that one be in a lifelong relationship, need for financial resources (money), religious beliefs, social viewpoints, or whatever pointless reason.
It's very sad, but very true.