Money is one of the most important things in our lives, next to food to eat, a home to live in, and ways to get from here to there but with all of those things, you need money. So that’s where the “money can buy happiness” phrase comes in because people think that since money can buy everything else then it can easily buy happiness also. Imagine being a super rich person. like living in a huge mansion in Beverly Hills, own a private jet, wear fancy clothes and drive nice cars like Bugatti, Lamborghini, Rolls Royce, Ferrari, Bentley, Mercedes. It would be so cool. Having more money means you can buy what you want and do what you want. But if someone ask if money is everything in life I would say no.
Time is money, but you can’t buy time. sometimes you may have to lose a lot of things to make more money like spending time with family, friend, and maybe girlfriend or boyfriend. Money can buy material object, however it can not buy experiences. People who make more money have less time to enjoy themselves than people who make less money. They usually spend more time at work so they don’t have much time to have good time with people they love. money cannot buy time already spent. An example, my dad owns business so he probably make quite a lot of money but he has been always busy work. Everyday He leaves house at morning 6AM and work from 7AM till 7PM and sometimes he comes back home at midnight from work so someday i haven’t seen his face all day from morning to night. He also worked on weekend and holiday so I haven’t had that much good time with him in my past eighteen years of my life. I truly wish he could spend more time with me and our family like go to shop, go out to eat at good restaurant, go watch any sports game together.
Money can’t buy health. if you spend so much time at work you probably will get stress a lot. But stress is the cause of all disease. This problem could be particularly important in the United States, where medical expenses are high. An example, there was a guy named Sonia. He worked as a bond broker in the financial industry and loved doing what he did. He made huge deals for customers and made a lot of money. Everyone would think he was on the road to success. But he worked 18 hours a day and some days only slept two or three hours. For him work was all about his life. Then one day everything He had built collapsed overnight. His stressful life caused him serious cerebral hemorrhage. His body was paralyzed and the doctor was not sure if he could even speak again. He was only thirty years old at the time. According to 1 Timothy 6:10 in the Bible, it says “For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows”.
Sonia’s experience clearly proves that this Bible verse is true. Happiness comes in the form of having good health. If you spend money you can make it back again no matter when that will be, but if you lose your health it is really hard to get it back. You can buy a good medical cover and pay for the best treatment but can not guarantee good health. If you get sick, no matter how much money you have, you can no longer go to where you want to go or do what you want to do and you will not be able to live long so you can’t spend money you made and have good time with people you love.
Rich does not mean happy. The discussion on money and happiness has been going on for a long time. There are some who believe that the more money you have, the happier you are. People are busy indulging in different activities while trying to be happy. You can buy food, clothing, shelter and other things that people need but these are just physical things. Money satisfies the physical needs of the person, but people need to understand that happiness is not physical. It is an inner feeling that a person has. It is a mistake to think that if you become rich you will be free from worry of money. The more money you have, the more you worry about money. Rich people are deeply troubled by money problems related to love, work and family and they are not satisfied with their wealth even they already have a great wealth. People are greedy no matter how rich they are and afraid that they may lose their wealth so they can’t stop working at their job.
Money is relative. If you are a employer in a company and make one million dollar for a year but your colleagues make two million, then you will not think you make a lot of money even if you do. If you drive $50,000 Mercedes but your friends drives $500,000 Ferrari then you will not think you drive a good car even if it is a good car already. Greed is human trait, and always have been. It’s like people who does not have a bicycle wants a bicycle, people who has a bicycle wants a bike, people who has a bike wants a car, people who has a car wants a fancy car, and people who has a fancy car wants a private jet.
Having a lot of money might be good but it depends on how you spend it. Like if you spend money on gambling and lose your money then it will be really bad for you. We all hate making decisions we regret. So just don’t spend any money on gambling or lottery or you will never be able to stop playing. You will be much more likely to lose than to win on them so they will probably never get you happiness. but if you donate money to who need financial help, you will be really so proud yourself and it will motivate you. Buy experiences rather than materials. You might think that the problem with spending on experiences is that they are over in an afternoon, whereas a shiny new pair of shoes can last you years. However, when researchers from the University of Texas instructed people to spend a number of dollars a week either on experiences or on material goods, the first group felt happier afterwards.
The reason is that the shoes remain the same (apart from becoming less shiny), so we stop noticing them, but experiences bring more variety. They also bring us extra pleasure in a form of anticipation long before they actually take place. Psychologists from Cornell University found that people didn’t get joy from the anticipation of material purchases in the same way they did from experiences. And of course, a day out leaves you with happy memories too. Buy experiences like travel around the world, go to a concert and go watch sport event with people who you love. Spend money on other people. When the US psychologist Elizabeth Dunn asked her students to predict whether people would get more joy from receiving a free gift of money to spend on themselves or to spend on someone else, they said people would prefer to spend it on themselves. Who doesn’t like getting a present after all? But when she tried it out for real on the streets of Vancouver, stopping passers-by and giving them an envelope containing $20 in cash, those who were instructed to spend it on someone else or give it to charity felt happier at the end of the day than the people who told to buy gifts for themselves. Elizabeth Dunn also found that, regardless of income, people who spend the highest proportion of their salary on other people are, on average, happier.
Luxuries and focusing on wants instead of needs. They have access to more resources and can get more luxuries to make them happy. However, the excitement that comes with the monetary things is only short-lived. After a while, the person becomes bored and looks for other things. You will find people with more money indulging in dangerous activities trying to fill the void that they cannot explain. Those with less money will not have the luxuries rich people have, but they have learned to find happiness in their lives without relying on money. Most wealthy people waste time focusing on their wants instead of their needs, which should not be the case. Material things get old fast and after some time, people look for other new things to occupy themselves with. The more money one has, the more they will want to spend on things that are not considered valuable.
Money can’t buy love. You cannot buy the feelings person has. It is not uncommon to find people who are married but do not love each other. People end up and not being happy anymore since they chose money over love. In relationships, time spent with friends and family cannot be equated with money. You can use the money to get them gifts, but people appreciate the time taken to stay and interact with them doing different activities. This gives them a sense of belonging and appreciation and they treasure the memories. Research has shown that there is no direct correlation between income and happiness. Once our basic needs are met, wealth makes little difference to one’s overall well-being and happiness. And in fact, extremely actually suffer from higher rates of depression. The beatles wisely noted that money can’t buy love, and we’d do well to remember that money can’t buy happiness, either. “Can’t buy me love, love. Can’t buy me love. I’ll buy you a diamond ring my friend if it makes you feel alright. I’ll get you anything my friend if it makes you feel alright Cos I don’t care too much for money, and money can’t buy me love. I’ll give you all I got to give if you say you’ll love me too. I may not have a lot to give but what I got I’ll give to you. I don’t care too much for money, money can’t buy me love. Can’t buy me love, everybody tells me so. Can’t buy me love, no no no, no”. ‘ — The Beatles – Can’t buy me love –.’
Money can’t buy you personality. You might be rich but if you have a bad personality people will not want to be associated with you. If you have a good and warm personality, people will be attracted to you and will not mind spending time with you. However, if you have a bad personality, people will not want to be around you. You will not have many friends, and those who will be your friends will most likely be there because of the money you have.
Money causes divorce and problem in relationship. When you deal with something in your marriage over and over, it stands to reason that you would have an increased chance of experiencing conflict over it. Probably not a lot of people fight with their spouse about who gets to drive the yacht, but fighting over daily use of money stands to get a lot of air time. Bring two people together and you’re guaranteed a difference of opinion at some point. She thinks their budget would look better if he took his lunch every day instead of eating out at work. He thinks she could grab a cup of coffee at home each morning versus spending $5 a day at the drive-thru so it begins.
Money leads to corruption. An example, a former president of South Korea Park Geun-Hye committed about $20 million dollar of corruption. People of South Korea was really mad and immediately after that happened, two millions of people gathered in a square every Saturday to impeachment protest and then she was finally impeached and sentenced to about 30 years and now she is in jail. She is the first president of Korea to be impeached in Korean history.
Higher Taxes. Income tax rates jump steeply the more money you earn, which means that unless you and your accountant get creative, you’ll be sending more of the money you earn each year to the federal government. Say you earned $514,000 in 2015. When you pay your taxes on April 18 of this year, you’ll be taxed 10% for the first $9,225 of your earnings, and 15% on every dollar from $9,226 to $37,450. This rate goes up until you hit the maximum. You’ll be taxed at this maximum rate of 39.6% for every dollar you earn from $413,201 and up .The upshot? The more money you make, the more taxes you pay. At least that’s the theory. It is possible through deductions for the wealthy to dramatically lower the actual dollars that they send to the government each year. Trying to lower your tax bills is definitely one problem that grows the more money you earn. (By Dan Rafter on March 17 2016).
Money is important as it gives people the ability to cater for their physical needs. However, people should not rely too much on money as other things bring happiness. Money only brings temporary happiness as it is only physical while happiness comes from within. Those who focus on money do not have time to spend with others or do the things for fun. As a result, they might end up getting stressed and frustrated, and this will take a toll on their health. People should spend time doing things they love and spending time with individuals who care about them. You can develop hobbies that are fun for you and do them as a form of relaxation. Having time to relax is good for the body, mind, and spirit and will contribute to good health. Money is necessary but is not the determinant of happiness. There is more to life than money and the things it can buy.
Being happy is a goal every other person is trying to achieve in their lives. It is a strong driver for most people in the professional and personal lives. As such, some people try to make objects the center of their happiness and most importantly their lives. This is an aspect driven by the element of consumerism which drives the economy. As such most people have grown into the culture of consumerism and they tend to associate this will seeking happiness.
However, buying the new iPhone is not a mark for happiness and certainly does not improve the quality of life. Happiness has more depth than getting objects as replacement for real affection for person connections. When one achieves all the success they can, they tend to seek emotional attachment with those they interact with. This explains why donating money to the homeless is more satisfying or simply doing something that feels selfless. While self-confessions about feeling happy when buying objects for self are considered seeking happiness, this is rather like filling a gap. However, filling the void with something of substance like giving to the community is more significant. This also means one is able to happiness to others, which further creates a ripple effect bouncing back to them. There is happiness which comes connecting with others than with objects.”
Money is not everything and it is sad that nowadays a lot of people have not figured that out. Some never will. Some people are so caught up in what they think is happiness and live their whole lives miserable, some people find that out and try to turn things around and give money away to charities and people who need it. Some people also die miserable because they have never figured that out.