“Money is not going to make you happy, but an absence of money can buy you whole lot of miseries.” -Jordan Belfort
Money can’t make you happy, but sometimes money is a good source of momentum happiness. That’s why money can buy you happiness sometimes.
Most people have really bad approach to money. It’s just paper, albeit very needy paper! However, money is paper for survival, not a thing to die for. We have to find what makes us happy and persist in it; money will come anyways, even if the thing that makes us happy is selling colorful balloons.Advertising
Without money we are savages. We will have to go in the jungle and hunt for food, just like the old times. What this world is making us do is forcing us to work, to make money, to pay bills, to have home, and to have food for us and for our family. Without the three basic needs–food, water, and shelter–we are unable to survive as human beings.
Without hydration, a safe place, and a full stomach there will never be happiness, and that’s why money can buy us happiness.
1. Food and water
Breaking down to the smallest things that are inevitable for survival, we jump to the sources of vitamins, minerals, proteins, fats, water, and carbohydrates.Advertising
We have lot of choices of how to digest the basic nutrients our bodies need. More paper (cash) is going to give you the freedom to buy healthier products. We have junk food ($10-25 per day) and the healthy meals ($35-65 per day) depending on the costs of the products per country.
The body functions properly and more energeticly when we inject healthy products, but those healthy products cost more. By the fact that we are energetic and we have the proper satisfaction of the basic nutrients, we are instantly happier.
Since I personally started to spend more money on food and invest in my health, I am a new and happier man. The body needs more care because we have so many things to get sick from. Our bodies cannot fight against bacteria unless we invest in the battle. Money can buy healthy food and water, which brings happiness.Advertising
Some people’s luxury is being able to rest for a day, and some people’s luxury is having one day to go hiking and inhaling the clean air, but people who enjoy living “the good life” will need an excessive number of the expensive paper.
In fact, if you enjoy in the luxury that money can buy, you will never get enough of it. Luxury has so many ways to satisfy a person, that if one enjoys in luxury, one won’t be able to experience all of it. It’s like an endless fight for satisfaction. But to be able to have that satisfaction, we must have excessive abundance of money, which is hard to come by these days.
Money can buy you happiness if you’re the type that gets satisfied from the material things such as yachts, big houses/apartments, golf clubs, Bentleys and Rolls Royce, Hublots, Champagnes (Dom Perignon), caviar and Grey Goose…the list can go for ages.Advertising
3. The choice
I’ve came to a conclusion that money being able to buy happiness is a matter of choice. Some people believe that everything comes from money (love, power, respect, freedom of choice, fun). Others believe that money is a thing for survival and nothing more. The happiness that they strive for comes from the things that can’t be bought with money (love, the small things, the authentic friends, somone to rely on).
It’s a choice that we have to make, whether we go for the money and get all the satisfaction for the things that can be bought from money, or believe that happiness is a choice, and that choice has nothing to do with money.
There is a quote from Albert Einstein that impacts my thoughts on this subject: “If you want to live a happy life, tie it to a goal, not to people or things.” But as I said, everyone is different and the choice you have to make is yours.
Featured photo credit: Dollars An American $100 dollar bill/401(K) 2012 via flickr.com
Last Updated on January 21, 2020
How to Develop a Millionaire Mindset in 6 Simple Steps
We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?
It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.
How do you go about developing that millionaire mindset? By following these simple steps:
1. Focus On What You Want – And Take It!
So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.
Millionaires play to win, not to avoid defeat.
This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!
2. Become Goal-Orientated
It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.
Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.
Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.
Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.
You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.
If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?
If you are to become a millionaire, you need to start accumulating money.
Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life
3. Don’t Spend Your Money – Invest It
The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.
Stop working for your money and make your money work for you.
Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.
There’s not just the stock market — there’s also property, and your own education.
4. Never Stop Learning
The best thing you can invest in is yourself.
Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.
Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?
Learn everything you can about how economics works, how the stocks markets work, how they trend.
Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.
Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You
5. Think Big
While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.
There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.
Aim for the stars, if you fail you’ll still be over the moon.
6. Enjoy the Attention
To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.
Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.
If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.
Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.
More About Thinking Smart
- 20 Things Smart People Don’t Do (And What They Do Instead)
- 15 Inspiring Ideas to Boost Your Motivation for Success
- How Millionaires Manage Their Money Differently?
- 5 Ways to Cultivate a Growth Mindset for Self Improvement
Featured photo credit: Austin Distel via unsplash.com