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They Say Money Can’t Buy Happiness, It Can Buy Something More Important Though

They Say Money Can’t Buy Happiness, It Can Buy Something More Important Though

Money is construed differently by different people to mean different things. Some see it as a piece of paper. To some, it is synonymous to wealth. But, regardless of the perspective, we have all come to agree that money is a resource that we can use to buy goods and services.

Can Money Buy Happiness?

They say money can’t buy happiness, and to a certain degree that’s true, but poverty doesn’t bring happiness either, does it? Does money bring happiness? Typically, people who say money doesn’t buy happiness are usually the ones who never had money. Hence, why they use the “money can’t buy happiness” motto to rationalize their inability to get out of their financial struggle.

This contradictory line is fast becoming a cliché that plagues our society today. While people seek solace in this line, some even infer that money is the root of all evil. This begs the question: what is poverty? The root of all goodness?

Tell that to a homeless beggar who struggles to have a meal a day or a promising chap who has just dropped out of school all because his parents couldn’t afford to further his education due to a lack of funds, thus, having his hope of a bright future dashed. After all, how many marriages and families have been destroyed due lack of money? How many lives have been lost as a result of abject penury? The answers are countless.

And talking about happiness, it is a myth that we’ve believed in. We are so attached to the idea that happiness is achieved when everything in our life seems perfect, so we actively pursue it every day.

The shocking truth is, the term “happiness” is relative, which makes it hard to define and achieve. What might be a source of happiness for Tom might not be the same for Jim.

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In other words, the nature of human needs presents the argument that money can buy happiness as quite a paradoxical one.

If Money Can’t Buy Happiness, It Can Buy Everything Else.

money can't buy happiness

    Food, shelter, health care, clothing, education, and to a certain degree, even relationships. If money can get you all of these things at your disposal, what more could you wish for?

    In their interesting research paper titled, “If Money Doesn’t Make You Happy, Then You Probably Aren’t Spending Right”, Elizabeth Dunn, Daniel Gilbert, and Timothy Wilson pointed out eight rules to help “buyers” achieve more happiness for their money. Find the summary of the rules below:

    Buy more experiences and fewer material goods

    Happiness derived from experiences is long-lived and tends to last a lifetime with us, unlike material things that we get used to or bored of quickly and want to replace.

    Use your money to benefit others rather than yourself

    As humans, our associations with our fellow beings is a contributing factor of our happiness. There is always this happy feeling and contentment that one gets after spending money on others. To help others, you can give back to charity, sponsor scholarship programs, or donate to NGOs.

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    Booker T. Washington said, “Those who are happiest are those who do the most for others.”

    Buy small pleasures rather than fewer large ones

    The degree that happiness is derived is not necessarily a function of the amount spent on big things. A suit might cost 10 times more than a shirt and a pair of pants, but that doesn’t mean the pleasure or utility derived from such a splurge will be 10 times more.

    So why spend so much on a big vacation once a year, when you can spend less on picnics every quarter of the year and get more experiences in the process?

    Eschew extended warranties and other forms of overpriced insurance

    Buying extended warranties and expensive insurance is a result of the fear of the unknown.

    In fact, people who buy too much insurance tend to be unhappier than those who don’t. Buy less, worry less!

    Delay consumption

    Anticipation of the consumption of a good or service alone can be a source of pleasure. As a matter of fact, this pleasure often overshadows the pleasure derived from the actual consumption.

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    Consider how peripheral features of your purchases may affect your day-to-day

    At times, it is better for consumers to be more realistic in their anticipation for a purchase. Looking beyond the fanciful features often helps prevent any unnecessary unhappiness that may arise in future.

    Beware of comparison shopping

    Comparison shopping can bring about a misconception in the actual intent of shopping. This is because consumers may get distracted from the qualities of the product that will bring them pleasure and settle for the wrong product. Technically, they end up buying unhappiness with their money.

    Pay close attention to the happiness of others

    Sometimes, the true definition of our happiness may lie in the hands of other people. As stated by the authors, “Research suggests that the best way to predict how much we will enjoy an experience is to see how much someone else enjoyed it.”

    Money can at least buy us freedom, which is just as important as happiness.

    money can't buy happiness

      One of the most significant roles that money can play in one’s life is that it makes you less indebted to those who possess it – it brings about independence.

      This must be what William Faulkner saw when he decided to resign from the Oxford, Mississippi. With enough cash in hand, you can do what you want, get what you want, and go where you want. Yes, it sounds good, but there is a downside as well.

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      As much as money can bring liberation, people can still easily be enslaved to it. When people are slaves to their money, they tend to panic about losing their money. They start to worry about futuristic uncertainties (thus, creating problems where there are none). In fact, their relationships with their family and friends begin to go weary.

      This has led us to another pertinent question: Who is better between a well-fed slave and a hungry free man?

      Albert Camus gave his answer when he said, “It’s better to be a free pauper than a rich slave.” He went further to say, “People want to be rich and free and because of, that they become poor slaves.”

      The point is, freedom is not just free. It unavoidably has a price attached to it, but that doesn’t mean you’ll need a million dollars to acquire it. Having money doesn’t necessarily make you happy, but it increases the odds dramatically if you know how to use your money.

      With money comes freedom, and with freedom comes happiness.

      Before using the all too common line that money can’t buy happiness, you might want to give it a second thought.

      Featured photo credit: Getty Images via time.com

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      Damian "Pros" Prosalendis

      Entrepreneur, Business Owner

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      Last Updated on January 11, 2021

      11 Hidden Benefits of Using Oil Diffusers

      11 Hidden Benefits of Using Oil Diffusers

      Affordable, relaxing, and healthy, oil diffusers are gaining popularity with people everywhere due to their extensive benefits. Oil diffusers work through the simple process of oil diffusion, which uses heat to turn oil into a vapor that is then spread around a living space. Diffused oil can have several relaxation and health-related benefits, including safe scent-dispersion, mosquito and mold defense, stress relief, and more!

      Read on for 11 hidden benefits of using oil diffusers.

      1. Safe Scents That Make Sense

      Unlike candles or air fresheners, oil diffusers release cleansing molecules into your air that work to purify it, not overload it with unhealthy chemicals. Electronic diffusers also do not pose the fire risk that candles do. Plus, they contain the added feature of interchangeability, which means you change oil types for different scents and health benefits.

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      2. Stress Relief

      Several lab studies have confirmed that diffusing essential oils like lavender have been shown to reduce stress and help relieve anxiety in medical patients. Preliminary studies have also shown that oil diffusers can help alleviate symptoms of depression.

      3. Improved Sleep

      Diffused oil has relaxing properties that can help people of all ages fall asleep quicker and sleep more soundly. Electronic diffusers not only have the option to mix and match different oil blends (Try a lavender, Bulgarian rose, and Roman chamomile blend to help with insomnia), they also run at a gentle hum that helps relax an agitated mind. Many also come with an auto shut-off feature to help conserve oils once you have fallen asleep.

      4. Appetite Control

      Much like gum, oil diffusers can help stimulate the senses in a way that works to curb appetite. New research has shown that diffused peppermint oil can help curb appetite by inducing a satiety response within the body. Diffused peppermint oil has also been shown to increase energy.

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      5. Bacteria and Mold Killing

      When essential oils are diffused in the air, they break down free radicals that contribute to the growth of harmful bacteria. Eucalyptus, thyme, and tea tree oils are especially good for this purpose. Diffused oil is also highly effective when it comes to combating fungal yeast threats, as the oil help makes the air inhospitable for yeasts such as mold. Pine and red thyme essential oils are best for combating mold.

      6. Decongestion and Mucus Control

      Ever tried Vick’s Vapo-Rub? Its decongesting powers come from active ingredients made from the eucalyptus tree. In principle, oil diffusers work the same way as Vapo-Rub, except they diffuse their decongesting vapor all around the room, not just on your chest or neck. Oil diffusers have been known to cure pneumonia in lab mice.

      7. Mosquito Repellant

      Nobody likes mosquitoes — but when the trade-off means using repellants full of DEET, a toxic chemical that can be especially harmful to children, mosquito control can often seem like a lose-lose. However, scientists have shown that oil diffusers can be used as a safe and highly effective mosquito repellant. Studies have shown that a diffused oil mixture containing clove essential oil and lemongrass essential oil repelled one type of Zika-carrying mosquito, the Aedes aegypti mosquito, at a rate of 100%.

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      8. Pain Relief

      While applying oils directly to areas of your body may be the most effective way to alleviate pain, diffusing essential oils can also be an effective means of pain relief. When we inhale healthy essential oils, they enter our blood stream and can help internally relieve persistent pain from headaches, overworked muscles, and sore joints.

      9. The New Anti-Viral

      Research into the anti-viral effects of oil diffusion is now just gaining steam. A recent study showed that star anise essential oil was proven in medical experiments to destroy the herpes simplex virus in contained areas at a rate of 99%. Another study showed the popular DoTerra oil blend OnGuard to have highly-effective influenza-combating powers.

      10. Improved Cognitive Function

      Diffusing essential oils has also been shown to improve cognitive function. Many essential oils have adaptogenic qualities, which can work twofold in soothing us when we’re stressed, and giving our bodies a pick-me-up when we’re feeling down or sluggish. By working to level out an imbalanced mood, diffused oils also help us to focus. There are also several essential oils which have been shown to help balance the body’s hormones. With prolonged use, these oils can work to repair the underlying causes responsible for hindering cognitive function.

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      11. Money Saving

      With ten clear benefits of oil diffusers already outlined, there is one more that should now be obvious: using an oil diffuser will help you to save money. As an anti-viral, bug repelling, and stress-relief solution rolled into one safe product, an oil diffuser used with the proper oils will save you money on products you might otherwise be buying to help cure those pesky headaches or get your kids to fall asleep on time. If you’re wondering just how affordable oil diffusers can be, check the buyer’s guide to the best oil diffusers — you’ll be sure to find one that fits your budget!

      Featured photo credit: Jopeel Quimpo via unsplash.com

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