Abstract：Money has a powerful symbolic power. In 2008, Zhou et al. proposed a social resource theory of money to explain the negative effects of money on individual behavior. The theory holds that money can replace social relationships as a core source of personal security and pain. Money can enhance individuals’ sense of strength and efficacy, and then alleviate individuals’ social pain and physical pain. When money replaces social relationships, it can have negative effects on individuals. This theory and its supporting empirical research have been cited 718 times (Google Scholar) in 10 years. This paper reviews the theory and the new empirical evidence based on the theory, and extends and prospects the theory.