Although Money Can't Purchase Happiness,
Although Money Can't Purchase Happiness,
The saying "money can't buy happiness" was once just regarded as an old proverb or aphorism. But over time, a lot of study has been conducted to provide some more insight into this enduring proverb.
Research now unequivocally demonstrates that the perceived happiness of those in wealthier and poorer socioeconomic groups does not differ much. In fact, those who live in less developed nations tend to report higher levels of happiness than those in wealthier nations. Naturally, I'm not talking about individuals who are starving or in such terrible situations here; rather, I'm talking about folks who just lead less frantic and materialistic lives than the majority of us in more industrialised environments.
Although there are many explanations, it is usually believed that those who are impoverished report higher levels of happiness because they have fewer worries and hence require less to be happy. Family activities and other relationships take up a larger percentage of time than may be expected from those who are better situated because they have fewer belongings and fewer entertainment options. Some research hypothesise that because marriage and family relationships are associated with some of the highest levels of happiness, those who are impoverished are happy because they spend more time with their families and form closer bonds with them. People don't have to live in an impoverished country, of course. In developed nations like the US, the same results have been shown among the poor.
I won't provide specific references or data because there are so many studies that you can easily locate them all by typing "money can't buy happiness" into your preferred search engine.
That's not to argue, however, that you should attempt to stay poor or, if you're not already poor, aim to be poor if you want to be happy. Regarding that, although most of us understand what poverty is, have you ever considered that most people are unaware of the genuine meaning of "rich"?
Some people mistakenly believe that those who own large homes and fancy automobiles are "rich," yet in most situations, these things are more likely to be signs of debt than prosperity. Debt, not prosperity, is symbolised by a huge house with a large mortgage or a fancy car with high monthly payments.
Similarly, a lot of individuals believe that anyone who earns a particular sum of money is "rich," particularly if they surpass the "magic" barrier of $100,000 annually. False! Anyone who earns $100,000 annually will readily attest that the majority of those who do so are not wealthy.
In actuality, yearly earnings might range fairly high without a person being truly "rich," as most people who make more prefer to spend more.
So what does it mean to be rich, in a good way? The one that Bill Cosby gave in response to questions from his kids on his well-liked television program, "The Cosby Show," which ran from 1984 to 1992, is my particular favourite. He explained the distinction by saying that "people who are not rich work for their money, whereas rich people's money works for them" when he was talking to them about what it means to be wealthy. That definition is not only among the best available, but it is also widely acknowledged as accurate.
Rich individuals work because they want to, not because they have to, while others who are not rich work because they must. This is another widely recognised description of what it means to be rich.
Still believe that happiness cannot be purchased with money? If it is true that the happiest people in the world are those who spend the most time with their families, is it not possible that spending more time with your family would make you and your family happier if you were financially able to work less?
Another item to consider is this: Were you aware that most affluent individuals operate their own businesses? More than 70% of millionaires are business owners.
Are you also aware that having a profitable home-based business can provide you with many of the same advantages even if you are not wealthy?
It has long been known that the majority of people are happiest when they are with their spouse or family. Owning a home business can therefore give you extra money, which can then lessen the need for you to work as many hours away from home (or, again, whatever it is that you enjoy in life) if your current job or occupation is preventing you from spending time with your family or doing the other things that you enjoy because of required long hours at work, mandatory travel, etc.
Good health also ranks close to the top of the list of factors that contribute to personal satisfaction. In fact, the majority of respondents say that they would prefer to be in excellent health over having money when asked which they would prefer. After all, if you're not healthy enough to appreciate your money, what good is it?
Did you know that most people's health is directly correlated with their income and wealth? In order to maintain optimal natural health, poor people, for example, usually cannot afford to feed their families a healthy diet or purchase quality health insurance. This includes both preventative care, such as regular checkups and dental visits, and care for when something goes wrong or treatment is required.
Choice is just one of the things that money may purchase. While those with money enjoy the luxury and benefit of choice, those without money are compelled to purchase only what they can afford. In addition to being able to purchase the greatest health insurance, wealthy people usually have more options when it comes to medical care. Individuals who lack funds may not have insurance at all or may have very limited options for health care.
Naturally, eating well is also the first step towards good health. Have you ever considered the fact that junk food is significantly more cost-effective and accessible than high-quality foods that have been shown to be the most beneficial to our health?
For example, fresh produce is significantly more expensive than less healthful foods like junk food, snack foods, and potato chips. Cheaper cuts of meat are less expensive than high-quality meats with less fat. The cost of organic vegetables is higher than that of conventional produce. It has been abundantly demonstrated that people tend to eat healthier, have better insurance, and are generally healthier the more educated and well-off they are. Additionally, happier people tend to be healthier. Still believe that happiness cannot be purchased with money?
Safety is yet another factor that many consider to be a major component of pleasure. Fear, which is the antithesis of safety, is intimately linked to stress, which we will discuss shortly. Do you feel less secure than you would want to because you are driving a less-than-ideal vehicle? Homes that are well constructed and maintained may be more secure and comfortable than those that are not. A person is likely to be less content than they would be if they could afford to live in the home and neighbourhood of their choice.
We've discussed some of the factors that experts have consistently shown to contribute to increased happiness, but what about stress, one of the biggest contributors to unhappiness?
Stress has been shown to be unhealthy in addition to making individuals unhappy. Health issues might result from stress.
On the one hand, people worry about more things the more money they have. Of course, some people never seem to be content. They appear to generate additional obligations and hassles for themselves as their income increases, as well as the number of items they must purchase. However, that is by no means a description of how everyone handles money.
More money can directly translate into reduced financial stress, except those who are constantly dissatisfied and never have enough. A cheerful person is one who experiences less stress.
A person who is always living pay cheque to pay cheque or who doesn't have enough money to pay their bills is probably more worried than someone who has extra cash on hand.
Naturally, money may also be used to purchase luxury, leisure, and pampering, all of which contribute to improved physical health and reduced stress, which in turn leads to greater pleasure.
Celebrities and wealthy people are frequently lauded for their youthful appearance, good looks for their age, etc. Despite plastic surgery, it's mostly because of all the benefits listed above. Celebrities usually have the best of everything and lead lavish lives. Better eating, less tension, more pampering and relaxation, and fewer wrinkles
The folks who are most inclined to argue that "money can't buy happiness" are those who either don't have it or never will. How would they know, after all? The adage "money cannot buy happiness" is also occasionally used by wealthy people, although they are equally likely to follow it up by saying that they would "rather be with it than without it."
Do you still believe that happiness cannot be purchased with money? If so, you might want to reconsider.
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