The problem with the saying, “money can’t buy happiness” is that it’s only partly right. When we think of spending money typically, we tend to think about spending money on things – a new car, a new TV, the latest sound-cancelling headphones and so on.
However, as human beings with sophisticated minds, over time, we often adapt surprisingly well to new changes in our world.
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That new TV we have wanted for so long after a few months is just a TV to us as we have gotten used to the higher clarity, better audio, and the 4K resolution. That new game out in the market, which we will spend a lot of money on, will soon get boring and we will eventually stop playing it. People often equate money with happiness, but that may or may not be the case depending on the context and situation.
Steps to take to develop the right attitude toward money:
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Do all you can to make sure your basic needs are being met, and save enough cash to have available in the event of an emergency.
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Don’t make comparisons to others, instead focus on the positive things in your life. Feel gratitude and show appreciation by writing thank you cards, or giving back to the community.
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Spend your time and energy on experiences that will create memories instead of stuff. Focus on connecting with your community and nature.
- Think of financial well-being as the new goal, because most likely you can have it before you have large amounts of money.
True happiness arises from within, not from without. Happiness is a matter of perspective and attitude. It is not a goal that can be attained by simply purchasing an expensive item, but it can be found inside you by embracing gratitude and optimism.
The hedonic treadmill is the idea that we can never really be satisfied with our current level of consumption because we are always thinking about what we don’t have. As a result, people on a hedonic treadmill become increasingly bored, irritated, and dissatisfied with everything.
Money can buy a lot of things, but not everything. A happy family, for example, is something you cannot buy. You must work hard to build a good relationship. Often the truth of the undercurrents of a relationship is masked from the public. Most people, for example, thought Bill and Melinda Gates had a perfect relationship until they announced a surprise divorce.
Relationships are not the only source of happiness in life, but there is often a high correlation between healthy relationships and happiness. We should never underestimate what relationships mean to people. That’s why we should always acknowledge that relationships take time and patience and that money alone will not magically make everything always work out for us
Money can give you the security, freedom, and time to define your cores values, identify deeper meaning in your life, and find your purpose, but it’s up to you to decide what lights up your life and pursue it with everything you have. And you can explore what is most important to you with or without money.
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