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Last Updated on September 18, 2019

If Money Can’t Buy Happiness, What Can?

If Money Can’t Buy Happiness, What Can?

Think of the last time your bought something you really wanted. How did you feel afterwards? It felt good.

    Now, is there something else you really want? Maybe a new laptop, smartphone, or some nice clothes. Buying that thing, whatever it is, will bring you happiness. When you finally have it, you will be excited to try it out.

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          As cliche as it says “money can’t buy happiness,” we feel happy when we buy the things we want. Why is that?

          The Real Reason Why You Are Happy When You Buy Stuff

          Human beings are hardwired to seek instant gratification. You’ve probably heard the phrase instant gratification hundreds of times. To get that thing we want, the moment we want it. This desire for instant gratification came to us as a survival mechanism. I’m not going to talk about instant gratification in details here, if you want to find out more about it, take a look at 5 Ways to Get Over Approval Addiction and Instant Gratification.

          While instant gratification is in human’s nature, we live in a society driven by delayed gratification. Delayed gratification is the desire for something but the inability to get it when you want. In our society, you have to wait for your pay day, your meal at a restaurant, your coffee at Starbucks. When the thing you want finally arrives, you get excited.

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            Your excitement for this thing, the delayed gratification often elicits stronger emotional responses in you than when you get it. This feeling comes from dopamine a chemical that influences the pleasure centers in our brains.[1] When you become excited for something, you are actually enjoying a release of dopamine into our system. The thing you are actually excited for is almost secondary to it.

            Think about it, how did you feel a couple hours after buying something you waited a long time for? It was probably not nearly as good as when you first got it, or when you’re waiting to get it. It’s natural, it’s a part of human nature.

              In this way the happiness you feel isn’t true happiness. In fact, biologically speaking, you’re just enjoying a blast of dopamine. When this blast of dopamine is gone, you want something new again, which is secretly, more dopamine. This is what that old saying “money can’t buy you happiness” really means.

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              There is, however, a way in which money can buy you happiness. It’s just not in a way you think.

              An Alternative to Buying Happiness

              Recently Proceedings of the National Academy of Sciences of the USA conducted a study where two groups of people were given $40 each.[2] One group was told to spend it in buying a possession, an object, something they wanted. The other group was told to spend it in ways that would enable them to have more free time, for example, having food delivered to save them from cooking, or hiring a cleaner, instead of cleaning their house themselves. When each participant in the study were to measure their happiness to a 10 point scale, those who spent their money on more free time were almost always one whole point ahead of those who spent their money on stuff.

              In a sense, they were happier because they brought themselves out of doing something they didn’t want to do. Just buying more stuff, in the long run didn’t have much of an affect on their happiness, when those who spent money on time found an increase in life satisfaction.

              It was the free time that made people happy.

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                It was the quality time that contributed more to their happiness, the money was just a tool they used to get more time. But the money ultimately is unnecessary. All that is required is a re-adjustment of how you measure time.

                Everyone has 24 hours a day. The life expectancy for females is 81.2 years; for males, it’s 76.4 years. Most people have more or less the same time of living. To make every hour, or minute count is the way to create your own happy time. If you are always feeling busy and don’t think you have enough quality time for yourself, you need to make a change to turn things around.

                To be truly happy, make quality time a true value in your life. Find out how to do so in my other article How to Gain More Time Like Making Money.

                More About Happiness

                Featured photo credit: Priscilla Du Preez via unsplash.com

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                Leon Ho

                Founder & CEO of Lifehack

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                Last Updated on July 10, 2020

                How to Reinvent Yourself and Change Your Life

                How to Reinvent Yourself and Change Your Life

                There will always be times in your life when you may need to learn how to reinvent yourself. This could come when you experience a big change, such as leaving your job, moving on from a relationship, transferring to a new home, or losing a loved one. If you are going through a major shift in your life, you may have to find new ways of thinking or doing things, or risk failing to reach your full potential.

                “When something bad happens, you have three choices. You can let it define you, let it destroy you, or you can let it strengthen you.”

                Many people who dared to leave their old unhappy lives enabled themselves to pursue their passions and find a renewed zest for living. You can also achieve the same if you take a leap of faith and make things happen for yourself.

                To help you always be at your best wherever you may be in your life, here are some practical tips on how to reinvent yourself.

                The Reinvention Checklist

                Before embarking on a journey of self-reinvention, you need to make sure that you have everything that you need to make the trip bump-proof. These things include:

                Resilience

                Problems and obstacles are guaranteed to happen. Some of them will be difficult and may knock you off course; the important thing, however, is that you learn from these difficulties, never lose focus, and always get back up. This requires building resilience to get through the tough times.

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                Support

                Humans are social beings. Although it is important that you learn to rely on yourself when facing any challenge, it is also important to have a support team that you can lean on to give you a boost when things get too tough and to correct you when you’re making mistakes.

                The key is to find the right balance between independence and dependence. Don’t be afraid to be vulnerable and share the difficulties you’re facing. When you open up, you’ll find the people who are really going to be there for you.

                Self-Care

                During the process of learning how to reinvent yourself, you will have to pull yourself away from your old comfort zones, habits, roles, and self-perceptions. This can be difficult and cause you to question your self-worth, so it’s important to engage in self-care to maintain a positive outlook and keep your mind and body healthy as you face the challenges that await you. Self-care can include:

                • Participating in a hobby you enjoy
                • Spending time with your support system
                • Taking some time to walk in nature
                • Practicing loving-kindness meditation

                Find what works for you and what helps you feel like your true self as you seek a reinvented version of you.

                How to Reinvent Yourself

                Once you’re sure that you’re equipped with all the tools in the self-reinvention checklist, you can begin your journey of learning how to reinvent yourself.

                1. Discover Your Strengths

                This step provides valuable information on how you deal with certain situations. If you have this information, you will be able to manage difficulties more efficiently.

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                To find out what your strengths are, you can ask your friends and colleagues for feedback, engage in self-reflection, or try these 10 Ways to Find Your Own Personal Strengths.

                2. Plan

                This step calls for a thorough assessment of your current emotional, psychological, and financial status so that you can develop plans that are realistic and practical.

                It’s okay to have ambitious dreams, but your plans have to be realistic. Making use of SMART goals can help you plan your life better.

                You can also consult your mentor or life coach for practical tips and advice.

                Ultimately, you’ll want to create specific long-term and short-term goals that you can create milestones for. By doing this, you’ll lay out a specific roadmap to your reinvented self.

                3. Try Things Out

                Sometimes, we don’t know if solutions actually work until we try them out. This is why it is important to experiment whenever possible, especially if you’re dealing with a career change. You may need to simply experiment in order to find the things you like. This can be the same with hobbies. If you’re not sure what you would like doing, accept invitations from friends to join them in their favorite sport or take a class, like pottery or photography.

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                By seeing what’s out there in any area of your life, you’ll have a better chance of finding the things you enjoy and the goals you want to create.

                4. Manage Your Finances Well

                Changes may require a bit of money. If you’re shifting to a new career, you may have to pay for training. If you’re going through a tough divorce or having a hard time dealing with the death of a loved one, you may have to pay for therapy. If you’re moving to a new home, you’ll definitely have to pay a whole lot of expenses.

                All of these things are possible, but it will require a bit of money savviness as you learn how to reinvent yourself. If you have that cushion, you’ll feel more comfortable straying from your current path to try new things.

                5. Muster Your Courage

                Fears and self-doubt may arise when you encounter difficulties and setbacks. Sometimes, they may also come when you’re taking risks. You have to manage these negative emotions well and not allow them to discourage you. Tap into your courage and try doing at least one new thing each week to develop it.

                Learn how to deal with your self-doubts to move forward in this article: How Self Doubt Keeps You Stuck (And How to Overcome It)

                6. Use Your Support Group

                As stated above, you need to build a strong support group before you even start the process of reinventing yourself. Your group will keep you from taking wrong turns and encourage you when you get too weighed down by problems. Don’t be afraid to call them, or even ask them out for coffee if you need to vent about the current difficulties you’re facing.

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                7. Remind Yourself Every Day of Your Commitment

                Write your goals on different-sized cards and scatter them at home and at work in places where you can easily see them. This way, you will constantly be reminded of where you want to be. Remember, writing down your goals helps them stick[1].

                8. Accept Failure, Learn, and Resume Your Journey

                Failing is normal, especially when we’re trying out something new. When you fail, simply recognize it, learn from it, and move on. Failure, in the end, is the best way to learn what does and doesn’t work, and you simply won’t be able to learn how to reinvent yourself if you don’t accept the inevitable failures that await you.

                Final Thoughts

                If you truly want to learn how to reinvent yourself and live the life you desire, take the advice above and start taking action. It will take time, patience, and plenty of effort to make the change you want happen, but it will be all worth it.

                More Tips on How to Reinvent Yourself

                Featured photo credit: Ashley Rich via unsplash.com

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