Tag Archives: money

Wolf of Wall Street’s got nothing on this…

Nationality: African American

Primary Language: English

Other language(s): French

Age: 65

Occupation: Management Consultant

Residence: Upstate, NY

Performance Date: 4/20/2025

Context: 

My informant, WB, is a family member of mine who lives in the Hudson Valley area of New York. For a while now, I’ve known WB to be quite amazing at spending money, teaching me over the course of my life the concept of not wasting money on things that won’t be intrinsic in some capacity, or I’d end up like ‘another man on the street.’ Now, I always wanted to know what they meant by ‘man on the street,’ and it turns out it wasn’t a saying, metaphorical expression, or proverb, it was a reference to a stereotype they hated, yet held dear: 

Text: 

“Men are better with money than women. Now I don’t believe that but it’s something I grew up hearing. I come from a matriarchal family of successful women who oversaw and currently still oversee the family finances and the family business. They have all fared well and have been given the respect of being good with finances by their male family members and spouses especially. I think that saying came from an attempt for men to control women, like historically. We can look back in history and see when a man married a woman, her riches became his to control. Specifically in the most recent history, Colonial America, who followed the laws of their mother country; husbands controlled the woman’s property!!!” 

Analysis: 

So, this piece reflects a common gender-based folk belief which operates more as a social myth or stereotype than a truthfully grounded in experience. Now what’s compelling here is how the informant challenges the saying from both a personal and historical perspective. They come from a matriarchal family, where women not only handle finances but have consistently done so with success and respect. That alone functions as a counter-example that refutes the original saying and exposes it as culturally constructed rather than inherently true. However, I’ve definitely heard of this stereotype in my own life too, and of course, being related to WB, I never believed it either. The informant then takes it a step further by providing some slight historical context that reveals how the proverb wasn’t just a reflection of beliefs at the time, but also a tool used to justify inequality. And of course, in my research, and general experience in American history courses, yes, this stereotype was used tangibly to oppress women in colonial times and even still now in the digital age. Sadly some things never change. Though what I find most powerful here is that WB doesn’t just dismiss the saying they expose its function as control and offer real evidence from their family to disprove it. This turns the proverb into a kind of anti-folklore, still resembling folklorism though, a saying that survives culturally, even when it’s contradicted by lived experience. It’s also a good example of how folklore can be deeply personal and political at the same time, and how challenging traditional sayings can be part of reclaiming cultural and historical agency.

Nothing in life is free, cause you’ll pay some other way – Proverb

Nationality: American
Age: 22
Occupation: College Student
Residence: Los Angeles, CA
Language: English

Text:

Nothing in life is free, cause you’ll pay some other way

Context:

My informant uses this proverb with her friends and family. She gave the scenario of her friend flirting with a stranger at the bar to get a free drink. My informant said this proverb to her friend after she returned with her free drink.

Analysis:

When my informant gave me this proverb, I recognized the first part (“Nothing in life is free”). However, I was not familiar with the latter half of the proverb. I have heard variations of this proverb, such as “Everything has a cost,” and I have always found it interesting. Even if someone does not have to use their money to get something, they have to pay for the thing with their time and energy instead. In the case of my informant’s friend, although she did not have to use her money to buy herself a drink, she “paid” the other person with her time and energy talking to them. It makes people reflect on what form of payment is more valuable: money or time and energy.

Folk Belief: On Money and Hands

Context:

Informant E is a 21 year old USC student studying American Studies and Ethnicity. She identifies as Chicana and and was born and raised in the greater Los Angeles area. E is a junior at the university and is the interviewer’s roommate.

Text:

E: “So if my right hand – the palm of my right hand – is itchy, I put it in my pocket, because it means I’m gonna get money. If the left palm/hand is itchy, that means I owe someone money. So I have to scratch it.”

Interviewer: “Did you learn this from someone?”

E: “My family.”

A friend, also in the room: “If you scratch it does it mean that you don’t owe them money?”

E: “Like I’m not gonna get – it could mean, like, ‘Oh I have to pay rent soon,’ so it’ll start itching. Or I have to go pay someone back because they took me out to go eat. So then that means I have to get them back.” “If I scratch my hand, I don’t have to pay them back. Sometimes.”

Interviewer: “So who taught you this?”

E: “My grandma and then my grandma taught my mom and then me.”

Interpretation:

E’s folk belief is a kind of self-soothing ritual and, though a bit more complicated, I would compare it easily to knocking on wood or throwing salt over one’s shoulder. It’s clearly been passed down to her as familial knowledge. I did search for more information online and found that the superstition originates in the Caribbean which, although not part of Latin America, is close to it, and the belief itself seems to have spread easily throughout the world. I find it interesting that this belief has to do with hands, as I feel there’s a through-line in history. Bartering relied heavily on hands, and handshakes or palms are often symbols of such agreements. Trade and bartering then became money or payment, which is still then associated with hands, and is what I would argue led to this superstition. In general, money obviously is a good thing to have and a bad thing to lose, so this self-soothing ritual can be comforting and seems so common because of that universal truth about the value of money. The scratching part of this belief makes it a ritual or a form of jinx (re: like knocking on wood) in my opinion, as the participant is doing something tangible, as if to put the belief into effect.

Haunted Coin House in Chicago

  • Details 
    • Collected on 03/23/2024 
    • Genre: Memorate 
    • Language: English 
    • Nationality: American 
    • Relationship to Informant: Friend
  1. Text 
    1. Summary: 
      1. There was a house that always had people moving in and out. Typically, these people moved out because some misfortune fell on them during the time they lived there. One family that lived there with a young child kept noticing that coins would randomly appear on the floor. Then, they learned that the house was haunted by an old woman who lived there for a long time and was known to always carry change.
    2. Direct transcription of folklore:
      1. “So there’s a house that’s two doors down from me and for my entire childhood this house has been a revolving door of people just going in and out…it was like so-and-so’s wife cheated on them, then a family furniture store burned down and they couldn’t afford to live there, the next family got divorced and the kids don’t talk to them anymore. Everyone who lived in this house, some wild s*** happened to them. I always thought ‘hmm, that’s weird,’ but I didn’t think anything of it. So then, I had these neighbors that moved across the street [from me], but before they lived across the street, like 10 years before, they lived in that house two doors down from me. They were like ‘yeah, that s*** is f****** haunted.’ And I said, ‘why do you say that?’ So I guess there was an old woman that lived there for a long time and then she died. I guess she was known for always having change on her – quarters, pennies, dimes, whatever you needed – she always had a ton of change. And [my neighbors] had a young daughter who was a toddler at the time, and they would always find change just on the floor – on the ground. My neighbor would ask her husband, ‘why is there change? Are you dropping stuff out of your wallet?’ and he was like ‘no, what are you talking about? I don’t know where it is coming from.’ So one day, their daughter picked a quarter from the ground and almost choked on it. They got it out of her, but she almost choked to death. Out of frustration, the mom says to the ghost ‘leave me alone!’ They never heard from the ghost again. So they move across the street ten years later, and they start talking to the neighbors that currently live in that house. And they are like ‘this weird thing keeps happening … we keep finding change all over the floor and we have no idea where it is coming from,’ and they told them it was the ghost.” 
  2. Context 
    1. Informant is a USC student in her early 20s who was born and raised in Chicago, IL. This ghost story was told to her by her neighbors who lived in the haunted house, and it has become an oral tradition within the neighborhood. 
  3. Analysis 
    1. This story reflects the idea of property ownership after death and the idea that spirits can have a strong connection to the physical world. Since the old woman’s identity was partially defined by her possession of the house and coins, this is how her ghost manifests itself. “As the human spirit is strongly connected with notions of self and personal identity, we should not be surprised that spirits can control their belongings even if their primary possession—the body—is long dead and buried.” (Valk, 36) This ghost story also suggests cultural values of material ownership and wealth.

Vietnamese Celebration of Life After Death

Tags: Death Rituals, Vietnamese, Money, Symbolic Burning

Text

Every year, on the death of someone in the family, fake money and objects symbolizing wealth are burned as an offering to the dead.

Informant Info

Race/Ethnicity: Vietnamese

Age: 20

Occupation: College Student

Residence: Northwest Arkansas, USA

Date of Performance: March 2024

Primary Language: English

Other Language(s): N/A

Relationship: Sister

Context

GP, the informant, was born and raised in Northwest Arkansas (NWA) to Vietnamese parents.

Analysis

In Vietnamese culture, it is important for them to remember the dead. In doing so, those who are alive must offer food or other material items to help them ease into the afterlife.