By C’Morra Cuffie
We’ve all heard the phrase “money can't buy happiness.” This saying means money can buy material things but true happiness should come from within. But is that really true? In the article “Money can buy happiness after all” says, “Previous research has indicated that money stops buying happiness after $75,000/year. However, new research finds a strong correlation between income and happiness, trending upwards even after $80,000/year.” Three reasons why money CAN buy happiness are #1: Money can help others, if you're a giving person who loves helping others, having a lot of money can make you happy and just knowing the person you helped is happy is just a very good feeling. Also if you have billions you can stop things like world hunger. #2: Money control, in the article proceedings of the national academy of sciences it says, “Control seems to be tied to respondents’ happiness levels. In fact, having a sense of control accounted for 74% of the association between income and well-being.” #3: No worries about any form of debts, if you have to borrow money from anyone your conditions worsen and cannot return the debts that you owe to them. If you have enough money then you would not have to worry about borrowing any money from others. Now, three reasons why money CAN’T buy happiness. #1: You will never be satisfied because you will always want more shiny and new things until that new thing becomes old. #2: Money can't buy friends. Although it may seem like the wealthy are surrounded by people who may have friendship qualities such as being supportive, honest and a good listener. Those “friends” tend to fade away and may envy you because you have more money or they use you because you have more money and might stab you in the back one day. #3: Happiness is doing what you love. Happiness should come from doing what actually makes you happy, not what's in your bank account. Why become a nurse if it's boring and tiring? Do what makes you happy and what you have a passion for because that's what genuine happiness is. In the article, “there's no $75,000 earnings cap on happiness,” and a Wharton study finds, “more money means more happiness. It says “To measure emotional well-being, respondents were given yes or no questions like, “Did you smile or laugh a lot yesterday?” Most answers for those making $75,000 were “yes,” and those making more than $75,000 also answered “yes.” This advanced the perception that happiness does not increase after a certain point. However, the findings might reflect the fact that respondents were not given more choices beyond a simple “yes” or “no.” There was no scale to denote how happy you were.” Furthermore, this is a very controversial topic and you have to know that there are different people with different mindsets who do not know the real meaning of happiness and so they are not able to know how to utilize the money.
2 Comments
Lynn Girven
11/28/2021 02:17:43 pm
Excellent analysis. I think that after a certain amount of money it cannot make you happy. However, if you don't have enough money - - it is stressful and although some events can make you happy, you will not be completely content if you cannot pay your phone bill.
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Cmorra
11/29/2021 04:42:04 am
yes i agree, money buys you happiness to a certain extent
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