Money Can’t Buy Happiness: No Debate, But It Can Sure Help

This post explores the notion of money not buying happiness in its own right but how it can significantly aide us in reaching our optimal way of living and figuring out how to live like no one else.

What Does It Mean by Money Can’t Buy Happiness?

The idea behind the phrase is that money only makes people happy when it’s used to buy things they enjoy (experiences, material goods) or provides security for themselves and their loved ones during difficult times.

Is it True Money Cannot Buy Happiness?

By having things to save up for like your family’s financial security both now and in the long-run, you can easily see how money can lead to at least some baseline level of happiness.

Why Money Can’t Buy Happiness Directly

→ Having More Stuff Doesn’t Make You Happy

 Buying new things is a temporary high that will wear off after the purchase wears out or becomes outdated. Retail therapy only gets you so far.

Why Money Can’t Buy Happiness Directly

→ The More You Have, the Less Time You Have to Enjoy It

It’s a simple numbers game. If you only have so much time to dedicate to your current possessions, by adding more to the mix, you dilute the amount of time you can spend enjoying each thing on average.

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