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Does wealth bring happiness essay
Wealth and happiness essay
Wealth and happiness essay
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When you think of money how does it make you feel? How about when you have money how does that make you feel? Growing up surrounded by poverty and constant suffering I was always told money was the root of our problems. Even when you were having a great day money could always turn your mood upside down. My parents would use phrases such as “If only we had more money” or “If we weren’t so broke” around my household on a daily basis, and because of this I’ve always assumed the more money I have the more my problems will deteriorate and in the end will become happy. In the essay I plan to show both sides of money, not having any as well as having plenty. I will also showcase my point of view on whether or not money can buy happiness and my …show more content…
Not only does your financial situation affect your own emotions it also affects those closest to you. If you are in a relationship and are experiencing money issues you are more likely to gain larger problems. Penn. State Professor Jeffrey Drew wanted to find out how a couples financial situation affected their relationship. He discovered that 37% of relationships are more likely to divorce over money issues. Now if you were to marry the love of your life would you ever guess the cause of your relationships termination would be money? Not because of love or how you lack intimacy or time spent together, but money. Even now as I am establishing myself some of my family members are still dealing with financial issues, my dad and step mom after 16 years of marriage are deciding to get a divorce because all they fought about was money. Money can bring you stress and pain if you don’t have enough or maybe even too much but it’s truly how you decide to manage your finances. One with all the money in the world could lose it all tomorrow as well as one who is struggling could finally catch their big break and become
In “The Real Truth about Money” (2005), Gregg Easterbrook discusses the effects of money on the people’s happiness. He presents his article with statistics of the generation immediately after the World War II and the current generation. He has experienced both generations as he has lived in both and is very familiar with the difference of people’s lives now and back then. Easterbrook is a highly reputed journalist, he is an authorized writer, editor, and professor. He worked with many professional magazines and newspapers; accordingly, he has enough knowledge to write about the people’s happiness in terms of money. Easterbrook has well convinced the readers with psychological facts from university researches and credible
The authors, Brad and Ted Klontz, show that money is identified as a major source of stress in our lives. “In a modern, industrialized society, money is one of the only things that touches on and impacts each and every one of our needs”. Money is not only essential to get our basic needs met, it is also very closely linked to emotional needs such as success, love, acceptance, security, atten¬tion, and the two are often inseparable.
Happiness is a feeling adults experience when they receive a gift, win something, and various other reasons, but does money buy this happiness everyone experiences? Don Peck and Ross Douthat claim money does buy happiness, but only to a point in their article which originally appeared in the Atlantic Monthly (252). Throughout their article, reasons on why money can sometimes buy happiness are explained. While some of the reasons given are effective, not all are satisfying answers for adults working diligently to make a living. Money is a part of everyone’s life, yet it is not always the cause of happiness.
They say if you love something, let it go. Yeah, I had a hard time believing those few words, for almost five years now.I met the first guy I fell in love with and whom I believed I was destined to spend my whole life with. I remember reading a quote or something like that by Plato, saying, “According to Greek mythology, humans were originally created with four arms, four legs and a head with two faces. Fearing their power, Zeus split them into two separate parts, condemning them to spend their lives in search of their other halves.” And I had sworn that I was sure he was my other half, that it was meant to be. Sucks though, when reality hits
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 is easier for wealthy people to pay for their needs, such as health care and dental care. If any abrupt situation approaches dealing with their health, a wealthy person will be financially stable to pay and fix it. According to an article, "Happiness Around The World: Is There More To It Than Money?" by Bozionelos, Nikos, and Ioannis Nikolaou, “One would expect that money is more important when it helps meet basic needs, and this should be especially true in poorer nations. However, as already seen, the relationship between income and general life satisfaction was mainly explained by whether material aspirations (such as buying luxury goods) could be fulfilled.” In other words, one’s concept of happiness can vary from nation to nation. For example, people living in poor nations and having a low income tend to be satisfied by having just enough to meet their necessities. While, on the other hand, people with higher income tend to be satisfied if they have enough to buy luxury goods. Being wealthy does not lead one to happiness; it can help some people to obtain happiness, but it can also lead others to have unwanted experiences. Having a minimum amount of money is necessary to be happy. Having the minimum amount of money to pay bills, have medical assistance, buy groceries, and clothing is considered as the basics needed for one to be happy. Money is a tool that can help a person obtain objects that can help him or her to have a comfortable life. However, money should not become the reason why a person is happy. Happiness comes within a person as a human being and money will never replace a friend, nor a loved
In addition, money’s effect on an individual’s happiness will be examined, in particular the belief that more money will bring more happiness and how it is not as significant as individuals with less money being less happiness.
The reason why is because many of them will end up unhappy or end up broke. Most of them will spend it all and end up in dept. People have had terrible things happen to them. Don McNay, a financial consultant to lottery winners and the author of Life Lessons from the Lottery said that “People commit suicide. People run their money. Easy comes, easy goes. They go through divorce or people even die." (McNAy). This shows how money can change your life for the worst. A recent study at the University of British Colombia shows high fiscal income is not associated with an increased amount of happiness felt by the person, but is associated with felt sorrow less. The researchers examined how they feel, and they noticed that their incomes were higher and didn 't feel the increase in happiness everyday, but they registered the least amount of grief every day. Researchers concluded that the money might be a more effective tool to reduce grief but not
Although money cannot buy happiness, it can buy time. This is as close as it gets to the real thing. If time just isn’t available, then that’s where money comes in. simple tasks can be taken care of by hiring people to complete them. Simple things such as lawn care, or a housekeeper. The list goes on, but all that time freed up can now be given to those you care about. Another thing it can do for you is that it can buy experiences. Buying an experience, such as traveling and other various activities, which are great ways to network, and build
Money is probably one of the most important things in this world. Without it, life would be very hard. With it, you become economically stable making life would be easier in some ways. But the real question is, can money actually make someone physically and emotionally happy? There are many sides to this debate; some who say yes and others who say no. Though most people agree with the statement, “Money doesn’t buy happiness,” there is still a large amount of people who disagree with it. They believe that money does indeed buy happiness and that it’s the most important thing in the world. There is no right or wrong answer to this question, it’s just a matter of what you believe in and your values.
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.
I never really thought the expression, “money can’t buy happiness”, was true. As an infant, just by observing the people around me, I observed when they would obtain money and a huge grin would spread across their face, the corners of their smile spreading from ear to ear. Whenever I would see that grin and a person’s face light up at the sight of a crisp, green bill it would make me believe that I had proved the famous expression wrong. Now that I’ve grown up and matured, my idea of that expression has changed. As of now, I am able to reflect on life more and look deeper into things and particularly into people more than I was able to do years ago. My ideas about this expression changed the most though because of the money situation my family had stumbled upon because of the failing economy. I remember being younger when the economy was doing well and waking up to twenty gifts for each of my three sisters and I. We used to believe that all of those presents, brought in because of money of course, were the best part of waking up on Christmas. Of course all of those toys and material items would make a child happy; however looking back it would only make them happy if it was given to them by somebody who bought it for them with love.
So the puzzle is this: why do social scientists consistently find only moderate relationships between having more money and being happy? Some have even suggested that this moderate connection might be exaggerated. In reality money might have very little to do with happiness at all.
Saving money brings security for any future expenses. The earlier in life an individual begins to save, the better they will be set financially in the years to come. There are several reasons why it is important to save money. A few of these reasons are for emergencies, retirement, and simply for luxury spending. Having money will benefit each of these examples.
This return us to the question of how much consideration you should give to money when making life choices to achieve the universal goal of happiness. And the answer is you should make choices that will give you enough money to live comfortably and allow you to focus on other factors that contribute to your happiness, such as interpersonal relationships and generosity towards others. And you should do this with the understanding that more money does not necessary result in happiness, although it does help, if spent in the right way.