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Author Topic: Money and happiness.  (Read 3418 times)
Rruchi man (OP)
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June 16, 2021, 08:53:44 AM
Merited by CryptopreneurBrainboss (2)
 #1

There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol". This statement goes the other way as well, that "A man who doesn't have money is easily offended by everything and everyone".

I have put this statement on analysis a lot in mind, trying to watch my mood and correlate my happiness with the amount of money I have each time. Everytime it seems like i have overspent and almost becoming broke, there is a feeling of irritation and sadness that comes with it. Also when i get some credit alerts, there is an associated joy.

I know it is not proper to tie your happiness to finance, but i did some research into the subject and found a study that was conducted with the result that happiness increases with the amount of money one makes up until a point  where there is no greater degree of happiness from making money, but unhappiness if ones income drops beneath that range.

(See study here - https://www.cnbc.com/2017/11/20/how-much-money-you-need-to-be-happy-according-to-wealth-experts.html)


What is your opinion on the subject of "money & happiness"?


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June 16, 2021, 09:10:52 AM
 #2

Money can't buy happiness but it can help you to be happy, better to cry on a roof that doesn't leak and have a car and an insurance and investment rather than smiling through without any way to find food for the next day, being happy without money is just ignoring the problem which is being broke.

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June 16, 2021, 10:26:36 AM
 #3

Money isn't all there is to life. It is a different definition for different people. It has a lot to do for life but not all about it. I don't really like to put money above life and health, I know money can help to life but health is wealth. If you are healthy then you have life. Money has contributed to so many evil in life, it is the whole source of corruption. It is the reason that the world isn't sweet for the masses as government and people around the corridor of government take all the public money to themselves and family while the other people are left suffering.
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June 16, 2021, 10:34:44 AM
 #4

There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol". This statement goes the other way as well, that "A man who doesn't have money is easily offended by everything and everyone".
Still depend on the person involved because there are rich people that the money already gets entere their heads so they are having difficulties in understanding others.
Quote



What is your opinion on the subject of "money & happiness"?


Money can buy everything but not Love so it is an artificial happiness and not the real one.









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June 16, 2021, 10:35:35 AM
 #5

Well, if money makes you happy, then you could get addicted to it and would likely do anything to have more.
Better to derive your happiness/joy from using your talents to help others so that even when you don't earn much you will still be happy doing it.
I read there were certain cultures in the past who had little yet were always happy, contented and never really lack in their needs. They would lots of times solve problems that require payment from customers but would ask the customers to pay them Whatever they can afford or even work without demanding for rewards.
If you convinced such culture that money is everything, they will become greedy, self-centered, feel unhappy when they don't have enough of it and do all sort of evil to make alot of it to be "happy"

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June 16, 2021, 10:56:19 AM
 #6

I know it is not proper to tie your happiness to finance, but i did some research into the subject and found a study that was conducted with the result that happiness increases with the amount of money one makes up until a point  where there is no greater degree of happiness from making money, but unhappiness if ones income drops beneath that range.
But the source of your happiness needs finance though. Doesn't that defeat the point? Honestly, the saying of money doesn't make you happy is probably one of the most unrealistic things one should believe in the real world that we live in right now. Ofc, there are varying levels of what level of happiness you actually want, like some people have level 10 happiness but that level 10 is 5 for others. Simply speaking, everyone has different standards, so it isn't really right to generalize that money can bring happiness, but it can also be the same for the opposite where money can't bring happiness.

So yea, end of the line, it's still up to you to determine what you want. Does something make you happy, but need money? Then get it. You're materialistic? That's fine, no one should ever hate you on that nor should they tell you that that's just fake happiness. Wth is fake happiness even?

R


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June 16, 2021, 11:04:40 AM
 #7

Everyone surely knows at least a few people who can be considered rich, and they are always in a bad mood, frowning and looking like they are on the edge of their nerves. So money for me personally has never been and will never be a measure of happiness, because when I had little money and when I had a lot of it I didn’t behave differently nor did it affect my level of happiness.

As for the study linked in the OP, it is based exclusively on the US - so if someone feels happy with $75 000 in that country, I can say with certainty that someone else would feel very happy to be able to earn 10 times less during a year. This of course depends on the standard of living that every country has, but also on how people actually perceive happiness - and unfortunately nowadays it is increasingly through the acquisition of material goods that can never make a person completely happy.

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June 16, 2021, 12:01:18 PM
 #8

If you guys asks a poor man what he seeks then he would say daily food, wanna fly like rich, have five star hotel buffet or may be spend vacations over beach side.

If you ask the same question to rich person, he would say same thing same life and most importantly he would say he want to expand his businesses and money!!

If you want all these things, I’m sure we need money.  Wink
So it’s self assessment really what we want and what’s the definition of money.
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June 16, 2021, 12:44:11 PM
Merited by SirLancelot (2)
 #9

I believe it’s all about the views we have personally. About how we see thins in life. Yes money in important, because, well this is life, so you need to for a lot of things especially food. But there are people who are contented with what they have. I think if you’re at the average level, at least you’re able to feed yourself and your family, and pay your bills and whatsoever without much stress, then you’re good.

There are people who wants to be very rich just so they can flex/show off, and buy the latest and most costly cars and all that, but it’s never like that for everyone.

I think money becomes a kind of source  for your happiness when you’re the materialistic type, the types that wants the latest trends and the most beautiful things and you want to fly to the moon and all that.But even at that, it doesn’t stop you from being sad or depressed. It’s good to work hard and make money, but don’t base your happiness on materialistic things, that’s when it comes wrong.
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June 16, 2021, 01:04:25 PM
 #10

I have read the same study as OP and completely agree with it.
While "money doesn't do everything" "money can't buy you love" are not false statement, thinking that money doesn't help is complete bullshit.

Not having to worry about staying alive / in good health / satiated / hydrated / under a roof / ... is a gigantic saving in stress, and money is a HUGE factor.
Many people seem to have a manichean point of view, thinking that the reality is to have either a social life / a loving family or money. Like the romantic view of movies or books, showing poor people happy together, sharing everything they have, etc... Well this is bullshit too. Poverty can be very ugly especially in a few countries.

It would be interesting to conduct this study in the other way : "Can you be happy without a single penny in your wallet ?"

While it doesn't seem impossible to me to be happy without money, most people just dream about getting rich. But in reality, all they want is to not lack of anything.
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June 16, 2021, 01:12:20 PM
 #11

I believe it’s all about the views we have personally. About how we see thins in life. Yes money in important, because, well this is life, so you need to for a lot of things especially food. But there are people who are contented with what they have. I think if you’re at the average level, at least you’re able to feed yourself and your family, and pay your bills and whatsoever without much stress, then you’re good.

There are people who wants to be very rich just so they can flex/show off, and buy the latest and most costly cars and all that, but it’s never like that for everyone.

I think money becomes a kind of source  for your happiness when you’re the materialistic type, the types that wants the latest trends and the most beautiful things and you want to fly to the moon and all that.But even at that, it doesn’t stop you from being sad or depressed. It’s good to work hard and make money, but don’t base your happiness on materialistic things, that’s when it comes wrong.
Well said. I also believe that money does not bring happiness all the time. Yes it can give us joy and excitement but it's only temporary because after a week or two, even if you still have lots of mesoney, your mood or behavior will definitely change.

However, having a lot of money this time will eventually change your lifestyle into your own target goal. But that does not mean that you will be happy for the rest of your life. You will still experience disappointments and frustrations even how wealthy you are. Money is definitely not a measure for your happiness because it can even lead you to do evil when greed becomes the center of your life.

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June 16, 2021, 01:23:00 PM
 #12

Once you know the value of money, you wont get confused about money and your happiness because for sure you are using your money to fulfill your dreams, to help people and to live a happy life. On the other hand if you don't have that much but you are still able to do what you love, then that's happiness.

The definition of these two will always depend on every person, happiness is something that satisfies your personal wants and needs, always appreciate things big or small because life is too short to be stress.

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June 16, 2021, 01:41:30 PM
 #13

well, actually what is the basis of most people saying that money is everything or money does not guarantee happiness. everyone has their own version, some claim money is everything, some say money doesn't make you happy, or money can't buy happiness. whatever and it is an expression of the reality of each other's life. In economics we need money to survive. to buy a sack of wheat also cost money. to buy coffee at starbucks also use money. money is only a tool and its function is nothing more, just a medium of exchange to get what is needed. note well.


As for happiness, it lies in how one responds to it. because the main point is "the aspect of gratitude that plays an important role in a person"

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Kong Hey Pakboy
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June 16, 2021, 02:24:36 PM
 #14

That's true to some degree because a man will not fight back over anything when he has something to protect and he has something to comeback to unlike someone without a money, they will not be scared on what to do next because there's nothing waiting or worth protecting for them.

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June 16, 2021, 02:41:19 PM
 #15

The modern world becomes more practical and love becomes more pragmatic.  Sometimes, you will hear the idle song "a picture hut, two hearts of gold" but it is just a picture woven in the legend.  Modern love involves a lot of calculation, between one or two people but I insist it is a fact.  Happiness now does not contain simplicity, it includes many factors between status, money, fame -> happiness?  Many people still don't understand what happiness is?it is...
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June 16, 2021, 02:41:36 PM
 #16

Having some level of financial stability affects your thoughts and mood greatly, it is very true, when you have some money in your pocket you feel like 70% of your problem have been solved, because with money you can get things done easily, people listen and pay attention to you, and if you don't have it, that is the opposite of having it, you will be frustrated and sad, and you will wish to have it and be ready to do whatever it takes to earn money.

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June 16, 2021, 02:43:51 PM
 #17

Money can buy anything as long as you can afford for it, and the thing which brings you happiness can be bought then money can buy you happiness. But its highly subjective since not everyone get happiness woth the same thing, some people wants to spend time with their families but they never got time for that.









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June 16, 2021, 03:49:58 PM
 #18

I guess I know the exact and best answer regarding the relation between money and happiness. Not all the rich people are happy. If you didn't have enough money before, once you gain the money and get rich you will be happy but that's temporary and people will be depressed after a while. They usually try to do something fun and enjoyable with their money and sometimes they will do some donations to fade out the depressant, however, that's only temporary while deep inside their are still depressed. 

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June 16, 2021, 03:58:53 PM
 #19

There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol". This statement goes the other way as well, that "A man who doesn't have money is easily offended by everything and everyone".

I have put this statement on analysis a lot in mind, trying to watch my mood and correlate my happiness with the amount of money I have each time. Everytime it seems like i have overspent and almost becoming broke, there is a feeling of irritation and sadness that comes with it. Also when i get some credit alerts, there is an associated joy.

I know it is not proper to tie your happiness to finance, but i did some research into the subject and found a study that was conducted with the result that happiness increases with the amount of money one makes up until a point  where there is no greater degree of happiness from making money, but unhappiness if ones income drops beneath that range.

(See study here - https://www.cnbc.com/2017/11/20/how-much-money-you-need-to-be-happy-according-to-wealth-experts.html)


What is your opinion on the subject of "money & happiness"?


Some can say that money can't buy you happiness but for me it can buy you piece of mind and comfort which are some key features in achieving a happy life. Money while being earned most of the time gives us stress but after it gets earned, all of the exhaustion and madness we have inside of us goes away specially if you recieve high salary each month. Money and happiness are correlated to each other, I don't know if there's a study that says so but in my opinion, both are tied together forever even on your last days. It can be the one that extends your life which will make you feel happy if you still want to live.
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June 16, 2021, 04:14:50 PM
 #20

There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol". This statement goes the other way as well, that "A man who doesn't have money is easily offended by everything and everyone".

I have put this statement on analysis a lot in mind, trying to watch my mood and correlate my happiness with the amount of money I have each time. Everytime it seems like i have overspent and almost becoming broke, there is a feeling of irritation and sadness that comes with it. Also when i get some credit alerts, there is an associated joy.

I know it is not proper to tie your happiness to finance, but i did some research into the subject and found a study that was conducted with the result that happiness increases with the amount of money one makes up until a point  where there is no greater degree of happiness from making money, but unhappiness if ones income drops beneath that range.

(See study here - https://www.cnbc.com/2017/11/20/how-much-money-you-need-to-be-happy-according-to-wealth-experts.html)


What is your opinion on the subject of "money & happiness"?


I read similar studies in the past and in my opinion they are right, we need a certain amount of money to cover our needs and then an extra to cover for a few nice things we may want, after that any additional money that we have does not really produce more happiness, also while some think as this being bad it is not true, we need resources and a basic level of those resources is needed, and if we do not have them then we need to find a way to get them otherwise unhappiness naturally follows.
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