What is your earliest memory of being happy?
It was a warm summer night, the grass was bare and you didn’t have to go to school the next day.
Being happy is like being free on those summer nights for me.
We want to be happy. Finding joy in the small things can lead to lasting happiness. It is a full feeling. I smile when I experience it. A feeling that brings us together. It can be comforting and empowering. It is easy to understand, a chemical reaction happens in our brain, and then we feel great. The ‘happiness hormone’ is a chemical reaction that has a positive effect on our moods. It is more complex emotionally and spiritually.
How does money affect your happiness? Money can be a means to an end, but it should never be the sole source of happiness.
Studies show that the correlation between your salary’s impact on your happiness up to $75,000, and then it peaks at $125,000. People are happy until they make a lot of money. The level of happiness for people who make $125,000 doesn’t increase very much. It is not true for me, and I am sure it is not true for a lot of people. I think it’s important to know that everyone is unique and that what works for one person may not work for another.
So Can Money Buy Happiness?
Definitely. When we make money, it makes us happy, and when we use it to purchase things, it makes us happy too. It’s important to be aware of how we use our money, but spending it in ways that bring us joy can go a long way towards improving our overall happiness.
You can see that it is not that simple. It is not as simple as it appears at first glance. There are many stories of people who have made a lot of money but are miserable. Money isn’t the only thing that brings true happiness and fulfillment in life. People who have little, but still find joy in their lives are the same. It is possible to be happy without money. Having enough money to cover basic needs, such as food and shelter, can help provide a sense of security which contributes to overall happiness.
You can lead a richer life by earning more, saving more and investing more. By taking control of your finances, you can live a life of abundance. A richer life will make you happy.
“If you are already a happy person, then money can amplify your happiness.” – @MillennialMoney
Money can only provide a temporary escape from your unhappiness if you are already happy. Rather than relying solely on money for happiness, it is important to focus on your personal growth and development.
For a different perspective, we recently recorded a Money and happiness are the topics of the episode. It is possible to make life more comfortable if you have a lot of money.
The means are more important than the money in my life. I want to live a life of balance and fulfillment that goes beyond financial security. I have more control over my time, which is why I am happier. I can make choices that bring me joy and fulfillment, instead of feeling stuck and overwhelmed. I can spend more time doing things I love, spending time with people I love, and doing things that make me happy. I have found a job that I enjoy and it allows me to have more balance in my life. When you know how to use the money, you can maximize your happiness. By investing in experiences with family and friends, you can create lasting memories that will bring more joy to your life than anything else.
Why Money Can Make You Happy
Here are the biggest ways making more money can make you happier:
- Less worry and stress
- Freedom
- More control over your time
- More extraordinary experiences
- The opportunity to give back
I think we should look at two different types of happiness, short term and long term, to understand how money can make you happier. Money can help us achieve our desired level of happiness in both the present and future if we understand the distinction between short term and long term happiness.
Short-term happiness comes from finding your flow state.
When you sit on the beach with a cold beer and feel one with the world, do you remember? It’s one of the best feelings in the world, and you’ll want to savor it forever. Do you get a sense of satisfaction after seeing your favorite DJ or band? A great night out can be a reminder of the feeling of contentment after a show. When you are in a good conversation, what do you feel like? It’s a feeling that you will never forget. Maybe it is how you feel when you buy a new vehicle? Regardless of what it is, the feeling of satisfaction and accomplishment you get from making a purchase can be very satisfying.
That is your flow state, when you are happy. It’s a state of flow that allows you to be in the moment. Finding your flow state will make you happy, but it is fleeting. It’s important to practice mindful techniques to stay in the flow state. One way to maximize your happiness is to find your flow state every day. It is possible to achieve this by engaging in an activity that you enjoy and challenge yourself to reach a higher level of performance. It is about doing the things you enjoy. Doing the things you love will make you happy. This is the most beneficial form of short term happiness.
Unfortunately, so much of American culture has linked happiness with consumption. It is important to find joy and contentment in other activities rather than just shopping. Happiness rarely lasts. It’s a reminder that we need to care for it while it’s here. It’s surface level.
Making more money can open up more time and the freedom to experience your flow state. Money is freedom; as long as you have control over how you use it.
Long-term happiness comes from finding purpose and exploring your passions.
It is easy to buy short-term happiness, but long-term happiness needs to be cultivated. It will take time and effort to cultivate long-term happiness, but the results will be worth it.
As humans, we all seek and require the same things to live a happy life. No matter who we are or where we come from, these desires and needs unify us all. To explore more on how to live a fulfilled life, check out Maslow’s hierarchy of needs.
At its core, living a happy life means having more fun, rich, and meaningful experiences. It also means living a life full of meaning, passion, and purpose.
The more money I have made, the more time it is freed up for me to follow my true passions. With the help of Millennial Money, I am able to help more people make better financial decisions. I get to spend more time with my friends, travel the world with my wife, and explore other projects that fulfill me. It has allowed me to create a more balanced lifestyle, as I was able to make the transition to working remotely. This makes me happy. The thought of that makes me happy.
I know that my long term happiness has less to do with making money and more with exploring the freedom and connections that it provides. I’ve made a lot of money mistakes, and it took me a while to learn this. Money doesn’t make you happy if you also work in other areas of your life.
I feel very blessed and lucky.
I know that my success is not directly a result of hard work – it is more a result of building good habits, maximizing my value, and of course, the luck of an insane bull market over the past 7 years. I truly believe that most people can escape living paycheck to paycheck and use money to live richer and happier lives.
