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The saying says, 'money can't buy happiness'. But there is another 'saying' that refutes, saying 'Those who say money can't buy happiness, don't understand where to shop'. Others say, 'Anyone who says that money cannot buy happiness is those who have no money, or those who are very, very rich.' Which one do you agree with? So can money buy happiness?

Lots of research is done to find the relationship between money and happiness. As expected, indeed along with rising income, the level of happiness is higher. Those who still have to struggle to meet their basic needs have less happiness, compared to those who have higher income. This is evidenced by research from Betsy Stevenson and Justin Wolfers of the University of Michigan, who analyzed the relationship between happiness and income in the United States, from income of US $ 10,000 to more than US $ 500,000 per year.

Only 35% of those who earn less than US $ 10,000 per year answer very happily with their lives. There are 55% of those who have US $ 50-75 thousand per year answer very happy with their lives. And those who earn more than US $ 500,000 per year, all (100%) answer very happy with their lives.

Thus, the conclusion is that money can buy happiness? Wait a minute. It turns out that if explored more deeply, there are still other factors that affect happiness related to money. Elizabeth Dunn, a professor of psychology at the University of British Columbia stated in her book 'Happy Money' that money can indeed buy happiness. And there are certain ways so that money can buy happiness, without seeing the amount. How?

1. Spend money on experience, not things

Neighbors just changed cars? Is the favorite program back endorsing the new hijab? Favorite brands launch the latest and most sophisticated products? There are always things that make us tempted to buy them. But it turns out that the results of the study speak, that the purchase of experience gives a happy effect that lasts longer than the purchase of goods.

Experience can be in the form of holidays, watching concerts, visiting certain places or just trying new things that have never been done, eating in a new place for example. But we tend to prefer to spend money to buy goods because they think things are more durable, while experience is only experienced briefly and what is left is memory (and of course documentation).

2. Give to others

It turns out giving / spending money to others can make us happier. Of the people who made the research respondents then given money to be spent alone and spent on others, those who spent money on others felt happier, even though they themselves were poor.

3. 'Buy' time

The saying "Time is money", but actually time can be worth more than money. Spending money on something that will provide free time or productive time for family and friends, is better than something that is material.

For example, instead of buying a large house on the outskirts of the city and having to travel long distances to work, it is better to buy a small house / apartment in the city center that is close to the center of activity. By buying a house / apartment in the middle of the city, it will save a lot of time and increase quality time with family. Another example is to hire someone else to become an assistant / household assistant to do all household chores.

4. Pay now, enjoy later

This concept contradicts the credit card, where the purchased item is enjoyed first and then paid later when the bill arrives. With the principle of first pay and enjoy later, when enjoying the purchase it will feel like 'free'. An example is planning a vacation long ago.

With vacation planning, tickets are purchased first and so are accommodation / hotel rooms booked and paid in advance. When it's time to vacation, besides feeling like it's free, it's also not burdened with debts / bills received after the vacation is over.

In addition, there are studies conducted in households in the UK, which find things unique. It turns out that having a debt can reduce the level of happiness, and vice versa, having savings can increase happiness. And paying off debt is more important than having savings, when viewed from the point of view of happiness. This is in accordance with the principles of financial planning, where debt payments are the first priority before the others.

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No money can't buy happiness, but it can rent it for awhile.

Money can allow you to have more material things of course, and these will make you happy or satisfied for awhile. But the curse of mankind is to never be satisfied, to always want more, to strive for greater things at all times. It seems we can never be content with what we have because there is always something else out there just out of our reach. We are a very materially oriented species.

The best thing money can buy and it seems one of the hardest things to find is peace of mind. Money can make you feel more secure in your day to day life, reducing your stress by not worrying how to pay your bills, where your next meal is coming from, if you can afford the doctor, the hospital, the surgery, whatever. This can lead to a form of happiness for awhile, but its not true happiness, its usually just contentment and that never lasts. Eventually you will want the bigger house, the nicer car, the newer iPhone or laptop and BOOM you find yourself right back at the beginning with all the stress and worry you originally had.

While you might think money is buying you happiness it is not. It is simply renting it for a while until human nature kicks in. It seems we are a race that loves to be miserable as we tend to bring that state on ourselves in our never ending quest to "upgrade" our lives to the next level.

NO money can't buy happiness. What it does though is help you achieve it by taking away some of the worries. The worries we have today are mainly financial and if we removed that we would probably worry about something else.

They say once you have money you are never satisfied because you just want more. it has changed people I know and they have become less caring. It is all about them. If you had all the money in the world but had no one to share it with would you be happy? Money is only aprt of the puzzle and there are so many things that need to be added to make it complete.

A fishermen who has to fish every day to make ends meet could be the happiest man on the planet. he lives in a beautiful par of the world. he is healthy and has a beautiful family. What more could he possibly want to make his life better. Money is not everything and can't buy happiness.

Well this is a very rampant question which I think deserves a whole lot of perspectives, opinions and idea to really answer it. So from my understanding I think money can buy happiness, now why do I say this? 90% of the things that man needs to thrive as a human being can be easily provided by money, be it comfort, pleasure and otherwise. The truth is these things constitutes a whole lot of happiness and fulfillment. You can buy degree, buy comfort, the only thing money can't buy is life, however even soonest that will be possible.

My point is that since money can buy the basic things which man needs to thrive, I definitely believe money has indirectly bought happiness

Money can buy you happiness, but only in the short run and probably at young age. But in the long run, its mental piece, that is more important. When you grow old, you will find love in your surroundings to be valuable than anything else, and no money can buy that. 

So it all matters in perceptions, and that changes with your age. Whoever visualizes this truth sooner, they are happier than others. Steve Jobs had a lot of money, but at the end, it could not help him live a full life. There are many other examples. 

So we need money for our living, but if you chase after it, then it never ends, and by the time you realize, time is gone. Its said, if you die with a lot of bank balance , then those were the extra work you did. So live your life, enjoy it. 


I grew up poor, and my parent had a saying.

"Money may not buy happiness, but if you have enough of it, you can choose your misery."

In this modern civilization, money does have an important role in everyday life. In fact, money can be the most logical motive used to move people.

Yes, so rich people who have lots of money can certainly make you happy. You can buy items that you like without the need for many previous calculations. But who still believes that money can buy everything? Hopefully nothing, because in this world there are things that are very valuable, which are priceless and cannot be bought with how much money you have.