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The truth behind money and happiness
Does wealth bring happiness essay
The truth behind money and happiness
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Leading a life without much money does not entail that one has very little happiness. Happiness itself is a very broad and abstract term that is influenced by various aspects of life. Begley’s statistical data from the global survey provided evidence to the fact that there is more to happiness then just money. She established a comparison between American multimillionaires and people from the rural areas of Kenya and Greenland. Shockingly both groups from the opposite spectrum of the “money train” responded to the survey with the same average score of happiness. A third and more striking part of this survey was that homeless people of Calcutta reported a low happiness level score. We can understand why multimillionaires may be happy and satisfied …show more content…
with their lives because all their basic needs are beyond met. But, this leads to the further question: what caused such unexpected results amongst these different economic groups? Digging deeper into the cause of such results from the global survey we can see that the relationship between happiness and money is influenced by a third psychological factor.
If we analyze the data Begley presented we can see that people from major cities such as Calcutta and those in America have built a very solid connection with money and happiness inside their heads. This is because society and media has strongly persuaded them into believing these two are linked. Everyone is always concerned about making money in the fast-paced modern world because they are fooled into thinking they need large amounts of money to be happy This ideology is beyond the fact if they actually need it or not. People are so obsessed with money in these areas that they feel powerless without it. They have become utter fools and have fallen prey to the trap society has set. Namely this trap is to make them think they cannot survive without a lot of money, so they should do anything and everything they can to make as much of it as possible. Hence, in cases when people do not make much money and are from areas that have been industrialized and modernized, like the homeless from Calcutta, they are evidently leading a less satisfied life. The point is that these people are deluded into believing that there is nothing more to happiness then money. Therefore, people from major cities are always in a constant battle to make more money so that they can be “happier”, or so they …show more content…
think. On the other hand, a very different picture has been painted if we look at rural areas that are not exposed to the illusion of happiness based on monetary success.
These people are sheltered from the previously mentioned dangerous ideology and have far more reasons to be happy then one can imagine. The very existence of such people prove Begley’s point that there is more to happiness then money and that the connection between the two is just a deluded fantasy. These Masai of Kenya and Inuits of northern Greenland lead a modest life with little or no luxury. However, their definition of luxury is completely different because they are not involved in rapid economic or industrial growth. Even though these people barely have electricity or even running water, because they are not exposed to the extravagance of the urban world, they still exhibit the same amount of happiness as the rich folk from modern, high end civilizations. These people are not the fools and to them the word luxury has a much deeper meaning than just money. To them luxury does not necessarily mean an abundance of material possessions gained by money. Their mediocre lives are laden with happiness and contentment as they psychologically relate these two with things that are beyond money. Such things vary like having a loving family, your closeness to nature or animals, personal attitude towards life, or even joy found in everyday
tasks. We’ve already discussed and understand why the poor from rural areas and the rich from urban areas had similar results. And if we compare the results of the poor from urban and those from rural areas, we can observe that these results differ based on the same psychological reasons. The Masai and Inuits are protected from the wonders of economic growth but those from urban areas have been poisoned by the desire for money. Thus, they are generally unhappy because they feel their basic needs are not being met, even at times when they are, and so believe they can never be happy unless they figure out a way to gain more money and luxury with it. Decisively, the roots to this poisonous thought process lies in the desire to have a “better life”. This so called better life is yet another fantasized image formed from witnessing the life of those that are well off, societal construct, media selling the posh lifestyle and the people being constantly swarmed by the idea that your desires will only be met if you have money. In conclusion, I think Begley’s comparison from the survey, illustrating how money and happiness are only related if people are fooled into believing so, was spot on. Not only did it disprove the theory that money can buy happiness but it also explained the real reason behind why it is thought to be true. If we broaden our perspectives and study the psychological approach to happiness, we might find a spectrum of results that are not even close to “money”. Think of it this way. If we change the question for the survey “does money buy happiness?” to “What is the meaning of happiness and how can you attain it?”, most people will respond with an answer that holds a far more deeper meaning then materialistic responses like money.
A well-known expression is that money can’t buy happiness, yet people fantasize of winning the lottery, living in their dream house, and possessing enough tangible objects to feel satisfied with their lives. Most are under the preconceived notion that the absence of wealth and power translates to hardship and despair. This, however, is not the case, because a self-effacing lifestyle is not an indication of a lower quality of life, and often is better than one of great fortune. People yearn to have the financial independence and capabilities of those in higher ranking positions, and are willing to abandon their morals and own personal well-being if it means being successful. It seems that by reaching a level of wealth in which money is no longer
Over the course of this class, my perspective on money and whether it makes us happy has changed. Before the start of second semester, I always believed that money did make someone happy, as most of my most memorable experiences are linked to money in some way. But, after reading several essays within the assigned class textbook, I concluded that was not the case. For example, in the short essay What’s so Bad About Being Poor, by author Charles Murray, he states that living in poverty is not such a bad lifestyle, and if anything, it builds character. He states that “To be poor is not necessarily to be without dignity, it is not necessarily to be unhappy” (P. 26). In this quote, he is explaining that individuals living in poverty are not automatically unhappy, and if they are, the fact that they do not have money is not linked to that. Murray explains that unhappiness stems from something that is much more complex than money. Author David Myers also
Wilkinson and Pickett draw on a broad range of elements such as, health and wealth, income, mental well being and homicide in order to make their argument. They measure health and happiness in relation to people’s income and they find that in every society rich people on average tend to be happier and healthier than poorer people in the same societies
Money is the driving force behind our society, and the severe materialism that we are experiencing is taking a toll in our persona, relationships and quality of life. People work extremely hard to have bigger houses, the newest car models, and the latest technologies. At the end, none of these things make individuals happy because they barely have time left to enjoy them. However, society keeps reminding us that we are what we own, and if we don’t have much, we are nobody. The author Carolyn Gregoire explains that “…there is no direct correlation between income and happiness. Once our basic needs are met, wealth makes very little difference to one 's overall well-being and happiness. And in fact, extremely wealthy people actually suffer from higher rates of depression.” Another interesting point relates to relationships; according to a study published in the Journal Of Couple & Marriage Therapy, materialism is actually correlated with unhappiness in marriages. Finally, materialism and consumerism affect deeply the attitude of the individual toward others. The individual becomes more self- absorbed, exhibit narcissistic traits, and is more likely to behave unethically. The article Wealthy Selfies by Maia Szalavitz argues that “…in five different experiments involving several hundred undergraduates and 100 adults recruited from online communities, the researchers found higher levels of both narcissism and
One reason described to be a cause of happiness is income. Don Peck and Ross Douthat indicate how, “National income appears to be one of the best single predictors of overall well-being, explaining perhaps 40 percent of the difference in contentment among nations” (352). With this statement, comes the explanation of how income can influence happiness in adults who strive to earn a living. Research illustrates how, “For individual countries, with few exceptions, self-reported happiness has increased as incomes have risen” (Douthat 352). While these two statements provide sufficient evidence for the reason of income bringing happiness, income itself is not relevant.
He further shows us that the people of today are richer than their grandparents but are not happier in their lives (from National Statistics of social pathology). Even with these facts, people in the United States still believe if they had more money all of their problems would be solved, but once they reach that next income bracket they are not satisfied and try to reach the next one. Myers et al tells us, "even if being rich and famous is rewarding, no one ever claimed material success alone makes us happy. Other conditions like - family- friends- free time - have been shown to increase happiness" (Csikszentmihaly 145). therefore we must find balance in our own lives, and not just focus on making money. Instead we need friends, family and even free time, as aforementioned doing an activity you enjoy such as listening to music or
...de of being rich, with not having to worry about food, bills, and the like. Lane made these observations as well; “Money does not reduce worrying; it simply changes the subject” (59). Having such a history of believing that more money will bring increased happiness to look back on, why do people continue to fall into the trap? Happiness and satisfaction come from somewhere within ourselves, there are no other sources.
Wealth and happiness are two things society sees as coinciding: to be happy, money is a necessity, and to make money, happiness is essential. This assumption about wealth is close to correct, however overlooking the impairment wealth brings to a person: ignorance. Ignorance is a trait found in all sorts of people, but occurs the most often in those with wealth. When one’s wealth is so grand paying a house full of people to like you is reasonable, ignorance is bound to flourish. Without needing to be a good friend or a good person to make people joyful, the wealthy often forget to introspect, and instead inspect their houses to make sure the guests in them are pleased. The guest’s pleasure does not come from knowing the
According to Freud’s conclusion, based on decades of experimentation and theoretical work in the field of psychotherapy, humans cannot be happy because a satisfaction of needs creates only a momentary phase of happiness which expires after some time. Therefore, the focus of life should not be on obtaining happiness, and people should focus on avoiding suffering instead (Bullock, n.d.). However, several paradigms of well-being exist, and individual cognitive patterns and paradigms define the emotional responses to social influences. From an objective viewpoint, well-being is a state of consciousness that arises from a combination of internal and external factors, and money is an unstable external influence in defining subjective well-being. Money as a determinant of subjective well-being is influenced by several cultural influences.
For some, happiness is all that matters. Happiness is achieved in many ways, and it doesn’t always involve money. There are many things that contribute to making a person feel happy and successful. One can feel successful without a lot of money at all. For example, feeling loved is something that makes everyone happy. Many believe that without love life is not thoroughly complete, thus never truly achieving success. Ones line of work can also affect how happy he is. Some feel that it is more important to enjoy work and get less money than it is to hate work and get paid more. Another factor in achieving psychological success is ones ability to enjoy what life gives him. There are many qualities of life that are overlooked. Everyone is dealt family and it is important to value that.
Although it has been said that money is the root of all evil, many people actually believe that they would be happier if they were wealthier. Could this be correct? This essay will support the thesis that not only does the pursuit of wealth not lead to happiness; it may actually make us unhappy.
But have anyone ever wonder money might in turn bring you unhappiness? When we are consumed with money, we tend to forget what real happiness is. Money has diminished our ability to treasure the feeling of happy and contentment. Furthermore, it is fair to say it is a trade off between money and happiness. The opportunity cost is that you have to sacrifice happiness in order to gain more money. The fact that money can actually buy us unhappiness is proven in an experiment performed by Jordi Quoidbach, a psychologist from University of Liege in Belgium. 374 adults that are ranging from custodians to senior administrators are assigned to two random groups; one was shown a picture of a stack of money, another was shown with a blurred image. Then, they were given psychological tests to measure their ability to savor pleasant experiences. It turns out that people who had saw the image of the money scored a lower point. It is not surprising that psychological studies show wealthier people experience more negative emotions and suffer from a lot of psychological
..., a person who earns $25,000 is happier than a person who makes $125,000 and an employee who makes $500,000 is only slightly happier than someone who makes $55,000. Lastly, there are more important things in life that and make you happy, for example, friends. They don’t come with a price tag, and if they do, you definitely need new friends. Money won’t make you happy since good times can’t be bought. You don’t need a fancy vacation to have a good time; it’s just a matter of who you spend it with. Over the years, humans have blown the value of money way out of proportion. People make it seem like if you’re not filthy rich, then you won’t live a good life but it’s not true. You can lack money and yet still live a perfect, happy life.
When none of us has ever come across such words and formulas, none of the great personalities has ever mentioned it, then who the hell has instilled it in our minds that money brings happiness. But among this debate one question still raises its head - What is happiness? Happiness is not actually leading a luxurious life but the luxury of living a life. Happiness is not actually about expanding your business, but it lies in expanding the horizons of life. Happiness is not having a meal in the most famous restaurant but to have it with your most beloved family. It does not lie in attending honorable parties but to attend a party with honor.
It seems only natural that happiness should flow from having more money. Even if they don’t admit it, people still behave as though it were true. More money means you can have what you want and do what you want. The house you dream of? It’s yours. The new car you desire? Here are the keys. The freedom to enjoy your favourite pastimes? Here’s your racket, the court is down there, just past the pool.