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Tuesday, September 18, 2012

When Money can buy happiness?


When Money can buy happiness?


Money can buy happiness

As a Quotes say,
Money can buy a house but not a home…
Money can buy a bed but not sleep…
Money can buy a clock but not time…
Money can buy a book but not knowledge…
Money can buy blood but not life…
Money can buy sex but not love…

For some, money can cause a lot of pain and suffering so to help you with that pain send all your money to me and I will suffer for you. joke! (hehehe!)

So, what’s the point of this joke? Money is not everything and the common belief is that money can’t buy happiness.

Let’s accept it; lack of money can be a real frustration. You need a certain amount of money just to cover the basics in life – food, shelter, and clothing. But having more money does not mean necessarily make you happier. It really depends on what you do or where to use your money that creates happiness.

I’ve been reading a lot of this topic and I have come to believe that money CAN, in fact, buy happiness – we just have to spend it on the right things.

1. We can be happy by spending our money on experiences, not things Spending is fun.
Spending makes us feel rich. But unfortunately, it’s a short term high that does not usually last.

Think back to a great trip or a memorable experience and how does it make you feel? Spending money on experiences can create everlasting happiness because those memories can last a long time.

2. We can be happy by spending our money on relationships
People have a strong influence on our happiness. Making others happy can make you happier. Being around with happy people often makes it easier to be happy. I know my relationships are very important to my happiness.
money equal happiness
I’m not suggesting that we buy friendships but investing in friendships and relationships can go a long way. Couple this with the first thing about experiences and you can have a very powerful combination.

I had a friend that was not interested in buying an expensive toy for his kids. Instead, he felt better investing that money for a family picnic every Sunday. That not only brought him more happiness but also brought more memories and bonding time for the family.

3. We can be happy by spending our money to create security and control
One of the key elements to happiness is to have financial security and control (Stress free cause by money). Paying down debts and saving money adds to happiness. Spending money on stuff is like a drug. It can give you a quick high but it’s often not sustainable.

4. We can be happy by spending our money on pets
Many studies have shown that people love their pets and pets can be a tremendous contributor to happiness. I don’t have pets today but I grew up with dogs/cats in the house and I loved the unconditional love and happiness they brought into my life and our home.

5. We can be happy by spending our money on health
Good health has many benefits including the potential for more happiness. Good health creates opportunity for experience, relationship, activities, confidence, energy and accomplishments.

6. We can be happy by spending our money on goodwill and community
One of the best ways to make yourself happy is to make someone else be happy. Think about ways you could spend the money that would make a big difference to someone else — whether someone you know, or a cause you support.

Does donating money to a good cause make you feel like a better person? Does it make you happier? I know I get a lot of joy and happiness by giving financial help to those helpless people.

Last Word

Making happy everyday is a personal choice just like our values and thoughts around money are also personal. That’s also why financial planning is personal too. There is no exact ways on finding happiness whether you have money or not. Therefore, there is also no perfect correlation between money and happiness. That correlation is personal.

For me, I’m not ashamed to say that there are a lot of things that make me happy and having enough money is one of them. I love money and I love what money can do for me and my family. Not everyone feels the same way. How do you feel? What do you think?



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