Extroverted Vs Introverted Essay

Superior Essays
In this modern era people have lots of choices for using money in order to achieve different levels of happiness on materialistic things and experiences. I have met many people with low levels of satisfaction even though they are wealthy. “U.S. government on happiness statistics, suggested that poor people in poor countries are not unhappy simply because they don’t a lot of cash. They are more likely to have fewer choices, more children who die in childbirth and other grave problems. And on other hand wealthier nations are generally happier. In contrast U.S. in 2003 nearly three times as rich as it was in 1973, According to nearly every survey, though, Americans are not at all happier than they were back then.” (Davidson, …show more content…
To ease the whole study, they merged the categories like child charity, medical charity etc. all kinds of charities merged into one charity, all groceries and household items into one category. The results reflected that the average personality profile of their spending. The extroverted people more likely to spend their money in traveling, pubs, etc. while on other hand introverted people are more likely to spend their money on the gardening, books, health insurance, etc. Introverted people are less negatively affected than extroverted people when they have to pay extra account fees or increased health insurance. A noticeable factor was that many small purchases resulted into a greater happiness rather than few larger purchases. Both studies are different from each other. In the first study people were given vouchers where they were given instructions on how to spend their money. In the second study people were not given instructions and that experiment conducted on the daily basis expenditures which is much broader than the first study. The extroverted people tend to get their happiness in the travelling, shopping, beauty products etc. but introverted people tend to get their happiness in the health insurance, books etc. (Matz

Related Documents

  • Improved Essays

    Lars Eighner Materialism

    • 512 Words
    • 3 Pages

    My economics teacher once told me a revised version of an old cliche. “Money doesn’t buy happiness, but it can provide security, which can help protect your happiness.” This is true, to a large extent. Happiness in life stems from one’s relationships with people and experiences, something that wealth will not provide. That said, having enough in the bank to not have to worry and stress about paying bills and basic expenses will go a long way in terms of reducing anxiety and allowing time to find a true source of happiness.…

    • 512 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    However, they do not spend their money on extravagant things or constant spend money on things they do not need. Furthermore, I believe their attitude about conspicuous consumption is displayed by various financial tools they invested in, for example, savings account, life insurance policies, retirement, etc. Challenges in Relation to Transportation Expenses Looking at my case family monthly income and their transportation expenses, I do not see where my case family will have a problem with maintaining their transportation and other household expenses. Strategies to Keep Transportation Costs Down…

    • 437 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Which it can change the way you think and finding their own decisions. Using this technique helped me get through my financial problems. I used to work at Rue21, didn’t care if I own anything or not spending it for important items. A year ago, I bought a whole lot of clothes and shoes just for fun. Of course it sounds silly doing it, but I know it is not an excuse because I chose to spend my money for unnecessary items.…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Happiness is a word that is seen in a multitude of different ways by a multitude of different people. Everyone has their own idea of what happiness means to them, but it is a word that has no set definition. The author of “Happiness and Its Discontents”, Daniel Haybron views happiness as an entire emotional spectrum that is affected by several factors such as life satisfaction and being exposed to both pain and pleasure. Whereas Ed Diener and Robert Biswas-Diener the authors of “Can Money Buy Happiness”, describe happiness as the emotion someone feels when they obtain an object they believe will improve their life and can be acquired within their means. An example of this would be the joy someone might feel when they are able to buy a car…

    • 911 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Do they by no means have to worry about budgeting and investing their money? What the authors found was not what they expected. The people that were living in upscale neighborhood and had multiple foreign cars did not have extreme wealth. Yet, those who had extreme wealth did not live in upscale neighborhoods.…

    • 782 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Perception is reality. The American dream is just that, one’s perception on how they perceive to be successful. Our nation was built on the idea of this so called “American dream”. But, as the times have changed; is the American Dream really still accessible in today’s societies? In the article, “Confronting Inequality” by Paul Krugman, the author claims that the American Dream is no longer obtainable for most Americans due to the extreme levels of income inequality.…

    • 1224 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    America is considered one of the most prosperous countries in the world. However, those who happen to experience poverty understand that this concept is somewhat blurry and subjective. One can say that living in Manteca CA with around $40,000 of income with two children to provide for and a rented apartment on the outskirts is practically a condition on the verge of beggarhood. Others would say that this is just an applicable federally defined poverty level where a citizen is living from hand to mouth calculating every coin spent on rents, food and day-care facilities. Whatever the terms, they mean nothing.…

    • 1676 Words
    • 7 Pages
    Improved Essays
  • Superior Essays

    People who place too much value on their income are keeping themselves from being happy because they spend the majority of their time working hard so that they can…

    • 1748 Words
    • 7 Pages
    Superior Essays
  • Great Essays

    This survey helped to prove that people only think that money will make them happy. However, most of the people who seem to be stating these facts are the people who are involved in the lower and middle class. Despite while in today’s society, the world has instilled in people that to be happy and successful, one must acquire wealth. Although because of a plethora of people working in the world who are extremely happy with the job they are doing. Although, there are also people who have very high paying jobs, they potentially only retain those jobs because they want the money and not the happiness.…

    • 1887 Words
    • 8 Pages
    Great Essays
  • Superior Essays

    Again, rich countries have more resources to devote to maintaining a clean environment and tend to have better air and water quality than poor and middle-income countries. Further, rich countries also provide people more leisure time, less physically exhausting and more interesting work, higher education levels, greater ability to travel, and more funding for arts and culture. However, people in rich countries don’t report being all that much happier than people in lower-income countries. Additionally, people’s happiness depends less on their absolute wealth than on their wealth compared with others around them.…

    • 1266 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Money is not what makes a person happy; however, but what we perceive it as in society. Imitation. Do what we feel is right; by observation we see how other people exist happily. What do what we think makes us happy and feeling that we have that opportunity is what satisfies the…

    • 906 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Lower income groups will not spend their money on social needs before first fulfilling their physiological needs. However, physiological needs of middle and high income level people are fulfilled. They are willing to spend more to fulfil their social…

    • 851 Words
    • 4 Pages
    Great Essays
  • Decent Essays

    CRITIQUE 1: “Does Money Buy Happiness?” (331) The essay “Does Money Buy Happiness?” by Don Peck and Ross Douthat which was originally published as the January/February 2003 issue of the Atlantic discusses how wealthier countries tend to be happier than non wealthy countries, but there are exceptions. In paragraph 2, Peck and Douthat wrote the claim as “[M]oney does buy happiness-but only to a point” and justifies by using Robert E. Lane’s argument and charts to support their claim (use of logos).…

    • 232 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    These are all the questions we can ask ourselves when we talk about how our spending is consistent with our personal values. I believe everyone should have spending goals, or at least a budgeted amount of how much they should spend in a period of time. By this way, you know how much money you are wasting and what you can do in order to improve your spending and save more money. When it comes to personal values vs money, personal values always wins for me.…

    • 1460 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Money Doesn’t Always Buy Happiness Today in our day and age, there has been one topic that comes up that has been a controversy for people all over the world: money. Scientist have studied that, “Money does buys happiness, but it buys less than most people think,” (Dunn, Gilbert, Wilson, 2011, pg. 115). Some people believe that the more money that they have, the happier they will be. Others believe that money is the epitome of unhappiness because it can cause a barrier between them and those around them. Depending on how he or she use the money, happiness is determined on how the person decides to spend it.…

    • 1914 Words
    • 8 Pages
    Improved Essays