Not every human who has money is happy but every human who is happy surely have some money. The relationship between money and happiness has long been debated. Recent studies show that money does have an impact on our happiness. But the relation between money and happiness is not linear. Being rich does not guarantee happiness and being poor does not mean constant destitute. It’s the way money is used that increases happiness.
Before we discuss the ways in which money increases our happiness, it is important to understand what happiness really is. I conducted a survey in which I asked people of various demographics, age and cultural backgrounds, how would they define happiness. The responses were diverse, for some it meant seeing their loved ones happy, for others it meant helping people. But the bottom line, as one participant phrased it, “Happiness is peace within my soul.” Happiness is the satisfaction of our self, despite of its source. This self-contentment is what we are all striving for. So, if money increases happiness and happiness is the striving for self-contentment; does that mean every person with money is happy?
The answer is no. Money is not a …show more content…
A little competition is good even but when it comes to material consumption it is best to resist comparison as much as possible. Simply because there is no winning in this situation –there will always be a friend with that latest model of iphone. Such comparisons result in waste of money and constant unhappiness.
Can money buy happiness? Yes, it can. Money is the tool and not the source. The key is to invest in long-term happiness and not to give in to the urge to splurge. Using money for experiences rather than material goods; saving for future, and spending on others, we can increase our happiness. As the popular saying goes “if money doesn’t make you happy than you probably aren’t spending it