Yes, most narcissists are relatively stingy and protective over their money. They don't willingly hand over what they have. However, this greed extends beyond self-preservation. Because narcissists lack empathy for others, they don't necessarily understand the benefits of sharing their resources.
They commonly regift items, leave their wallets at home, or refuse to share. Because they don't adhere to social norms, they don't care if people are affected by their cheapness. It's no wonder most narcissists don't have close friends. Narcissists, however, may show off their wealth to other people.
Generally, narcissists are very frugal with their money and defensive with it. When it comes to their possessions, they don't give them freely. There is, however, more to this greed than self-preservation. Due to their lack of empathy, narcissists may not understand the benefits of sharing their resources.
Narcissists are also known to lie or cover up their bank statements in legal situations to get more money in alimony or child support.
Controlling access to funds: The narcissist may control the access to joint bank accounts, credit cards, or other financial resources, leaving their partner without access to the money they need to live.
Hiding assets.
They go to great pains to hide marital assets, sometimes setting up secret accounts, “lending” money to friends, or stashing cash in safe-deposit boxes. Because they're so grandiose, they don't believe they'll ever get caught.
They insist that they are more important than being on time. Force you to work in a family business for little or no pay while tightly controlling all other budgeting. Forbid you from earning money, attending school, or advancing your career. They demand total financial dependence on them.
They may be stingy in private, for example, but cover dinner for colleagues or give gifts just for show. This experience can be both isolating and frustrating for the person closest to the narcissist because the outside world's perception isn't the reality.
Embezzling Cash
Narcissists may take out cash advances on credit card accounts or other lines of credit. They may spend it shortly thereafter, or sock it away into a secret bank account, or maybe stash it in a secret hiding spot somewhere in your home.
Since narcissists are very interested in social status and influence, they use acts of generosity to appear noble and kind. Some examples of this are narcissists who donate their money, goods, or time.
Narcissists believe that they deserve the best, regardless of cost. Hence, they may recklessly purchase status items and indulge in expensive experiences to make them feel like VIPs. Narcissists may donate generously to a cause or to helping others out in order to reflect well on themselves.
Narcissists are never generous with their own money, yet they expect others to cater to them (Burgemeester, 2021). What Is Narcissism?
Yes, most narcissists are relatively stingy and protective over their money. They don't willingly hand over what they have. However, this greed extends beyond self-preservation. Because narcissists lack empathy for others, they don't necessarily understand the benefits of sharing their resources.
Look for support and purpose elsewhere
If you're going to stay in a relationship with a narcissist, be honest with yourself about what you can—and can't—expect. A narcissist isn't going to change into someone who truly values you, so you'll need to look elsewhere for emotional support and personal fulfillment.
We pitted two major theories against each other: social learning theory and psychoanalytic theory. Social learning theory holds that children are likely to grow up to be narcissistic when their parents overvalue them: when their parents see them as more special and more entitled than other children (9).
Narcissists' strong desire to achieve and display status likely leads to higher levels of materialism. Furthermore, those high in narcissism possess an inflated, yet fragile, sense of self-esteem and become dependent on social sources for affirmation (Morf & Rhodewalt, 2001).
Readily revealing themselves while in the midst of familiar, grandiose states of mind, narcissists tend to hide what they consider shameful signs of weakness, deficiency, or failure.
Yup, that's right, they are already facing the wrath of Karma and they will continue to until their last breath. Narcissists' lives can be summarised this way — struggling to be loved; abusing and pushing the love away; ending up dying alone.
Narcissistic rage is common for those with NPD as they grow increasingly angry with any display of vulnerability. This anger can be triggered when they are “called out,” their image has been damaged, or their shortcomings or wrongdoings are highlighted.
Narcissists are attracted to certain types of people. Rather than weak, vulnerable people, they tend to go for the strong-willed and talented. They are also attracted to people who reflect well on themselves.
The most effective weapon to fend off a narcissist is self-love. Narcissists do not want to feel like you don't need them, that you are better off without them, and that you love yourself exactly as you are.
Due to their fantasies of power and need for success, money becomes a form of status for them and it's a necessary instrument to achieve what they want. It's money that motivates many narcissists to bond with others. If they find out that they can obtain certain benefits, they'll be interested in them.
A narcissist getting married is likely only if it serves their purpose, like image boosting, a readily available audience, or money.
Stealing from you is a narcissist's MO
And they do it all right under your nose by tricking you into thinking you can trust them and that they love you. Like the worst of criminals, they hook, groom, and rip you off of everything you hold dear for their own self-serving reasons.