can money buy happiness Essay

How often do you wake up worrying about money? How often do your loved ones worry about money? How often have you heard, “if only I had the money?” How often do you feel that more money would solve all your problems and would make you happy? What if I told you that you were right, to an extent. Author’s across the discussion of happiness have tried to answer the simply stated, yet complicatedly answered question, “Can Money Buy Happiness?” Authors Ed Diener and Robert Biswas-Diner attempt to answer the question in their piece of the same name, by explaining that “Yes, money buys happiness…but it must be considered in the bigger picture of what makes people genuinely rich” (Biswas-Diener 160-161). This idea that fiscal wealth is a path to happiness

Many people have a thought in their minds that wealth is the factor that makes an individual Joyful;however,this is not a real statement.What actually makes a person happy is one’s health and love.

Indeed, poverty prevenst poor people feeling happy because they cannot get what they want readily since their financial budget are limited. For example, if the family’s father has low income, he cannot provide his family’s with their needs, which may disturb him since he was unable to make his family happy. Moreover, most poor people’s minds are always uncomfortable because they are thinking about how they can pay their bills and necessities. This situation do not allow these people to enjoy in their lives. As Begley says, “the more money you have, the happiness you must be” (p.1).

The texts, “High incomes don’t bring you Happiness” and “You can buy Happiness, if it’s an Experience”, completes the idea that monetary value does not bring true joy. In the passage, “High incomes don’t bring you Happiness”, the author states that bringing in an over excessive amount of money will not make one happy. The author said that an overall income of around $75,000 will complete one’s emotional well being, while anything over that will complete a life evaluation. Life evaluation is the idea that if one was to look at themselves while they’re in their deathbed, how would they rate their lifestyle. This is also supported through different statements within the passage, “You can buy Happiness, if it’s an Experience”. Within this study, it was proven that people enjoyed money, but often spent it on materialistic items which leaves them with a temporary feeling of satisfaction, while when they are given a fully paid trip to the Bahamas, the feeling of peace and joy lasts far longer than when they were to purchase an item of materialistic value. This

Growing up in a family where both my parents came from poor immigrant backgrounds always made financial success a priority and when there was no need to be frugal, my parents did seem happier. But did money buy my parents’ happiness or did money lead to their happiness? Ed Diener and Robert Biswas-Diener attempt to answer that question in their excerpt “Can Money Buy Happiness,” where they claim that “[m]oney can be a help in attaining psychological wealth, but it should be considered in the bigger picture of what makes people general genuinely rich (Biswas-Diener 161). Although not explicitly defined by Diener and Biswas-Diener, “psychological wealth” is the overall measure of happiness, beyond just fiscal affluence, including positive ties with other individuals and joyful temperaments (Biswas-Diener 168). By extending Biswas-Diener and Diener’s idea of “psychological wealth” to include the perception of what wealth is and what wealth consists of beyond monetary success, such as achievements or fulfillment, there exist a copious number of ways to view wealth. One can be rich in more than finances and happiness is dependent upon the perception of wealth due to money being one of several paths, including deliberate effort and being positive, to “psychological wealth” which leads to happiness.

Happiness is something very abstract and it differs from individual to individual. I always feel that a poor man will always be thankful to the almighty even if he is provided with two square meals a day but at least he can sleep happily with no stress; on the other hand a rich man will always be unhappy throughout his life either in the pursuit of creating wealth or in the tension of safeguarding his wealth. Accumulating wealth is extremely time consuming and time once lost cannot be regained; moreover, not all have the potential and skills of earning which is always coupled with hard work and

Andrew Blackman (2014) writes about Can Money Buy You Happiness? He explains how to buy some value of things which can make you happy. Everyone should learn about that money is important, but people cannot buy everything with money. Two important points from the article that I would like to discuss are Blackman’s statements about experience and money, time and money. For me, they are connected to each other.

A person may be wealthy but, wealth alone cannot confer a calm state of mind which is needed to experience happiness. Their homes may resemble paradise but, they are bogged down by numerous worries. From taxes to investments to business meetings , there probably is not a single moment left for them to savour the things which they cherish the most. Also, what is the use of unending wealth if the person is sick or lacks the warmth offered by a loving family?

"Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has, the more one wants." (Benjamin Franklin). We are never satisfied when we are focused on objects as opposed to fulfillment in life. People are constantly striving for fulfillment, we always want the next big thing, the latest and greatest, life has become a competition for who “seems” the most fulfilled. True fulfillment comes from within. It’s not always material things or luxurious lifestyles that money can buy, it’s more deep than that its pure happiness and satisfaction for attaining your own personal goals and achievements.

Respondents did not say directly that money can buy them happiness. But many of them noticed some more funds would improve their wellbeing. This opinion partially contradicts studies’ results. Money plays a great role in happiness of poor societies, where “rich” often means a permanent access to food sources and blessings of civilization. Person

Everyone wants to live a happy life. Even those people that hate everything about everyone. The trick is how to get that wanted happiness. Is money a way to achieve this happiness? People, philosophers, professors, and ordinary, everyday people have been pondering this age-old question about the relationship between money and happiness and if money can buy happiness for a very long time. Much research and many surveys have been asked and performed by excited researchers and agog economists. A lot of experiments and presentations galore were rendered by inquisitive University professors and intrigued university undergraduates to provide useful data. As it turns out, money can and will buy happiness for everyone that spends it at the right time and on the right things.

It is often said that, “Money can’t buy happiness.” In Cass R. Sunstein’s Yes, Money Can Make You Happy, Sunstein provides a summary and review of Elizabeth Dunn and Michael Norton’s Happy Money: The Science of Happier Spending; he declares that money, when spent wisely and with the right attitude, can provide the most elusive of all human experiences: happiness. In a changing social climate with advances in technology offering unmatched convenience, and a culture in which diverse people with equally diverse sets of values come together, the study of what truly makes us happy is especially relevant now more than ever. While money can certainly be spent in a manner which will create happiness, what Sunstein neglects to address in his writing is that more money does not always equate to more happiness, regardless of how and when it is spent.

The subject of this paper is the age-old question, “Does Money Buy Happiness”. On the surface, this question appears to be an easy one. Happiness however, is a subjective item. To better answer this, several points must be analyzed such as, “What is happiness?”, “How is it measured?” etc. To better streamline this process, a research question was developed:

In the book “Money can buy Happiness” tells about spending money on important and substantial things that bring us long lasting happiness. It provide some helpful information and tips which can be applied in our daily living. If you want to find out how to put together the most of your money in order to get a good and happy life (good return on investment). This book also creates awareness of how we spend our money, investments and savings wisely. For those who wants to analyze whether their spending habits align with their values, this book can be an eye opener for them.

There are many people claim that there is not any relationship between money and happiness. However, I believe that there is a direct relationship between money and happiness. Research shows that being able to provide our basic needs and higher-level wants leads us to a happy life. The relationship between money and happiness is like the relationship between food and body. “The importance of money in human life is similar to the importance of food for the body. Just like you can’t live even for a few days without food, you can’t survive for long without money.”(Singh, 2015).Having access to our necessities, being able to participate in leisure activities, and being able to help our friends, are things which make us happy; and we need money for having them.So, for being happy in our life,