“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 June 26, 2020
25 Easy Tips on How to Save Money Fast
“How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.
If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.
You don’t really need to order in food. You don’t really need to buy expensive perfume.
Building from that, you can work out how your regular expenses can be reduced.
As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.
And remember: a budgeted lifestyle does not mean a bad or boring one!
But first, understand what budget you can cut down on daily:
- Regular expenses for the average adult (can be trimmed but not eliminated):
- cell phone
- hygiene products
- household bills
- Irregular expenses for the average adult (can be eliminated or cut down a lot):
- medication (*depends)
- grooming (hair, nails etc.)
Now, let’s dive right into the 25 ways to save money fast:
Save Money on Food
1. Bring a stock of food to the office/work
Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).
Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.
2. Buy the store-brand version
Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!
3. Eat cheaper cuts of meat
Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.
4. Have group dinners
If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.
Save Money in Transport
5. Get a bicycle
Save on gas money and bus/metro fares with this underrated mode of transport.
6. Use public transport and/or don’t get taxis
Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.
7. Find the cheapest gas
Regularly check out where the cheapest gas can be bought.
Save Money in General Shopping
8. Shop online
Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals
9. Sell your old stuff
Get your unwanted belongings up on eBay ASAP and earn a few dollars.
Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money
10. Bulk buying stores
For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).
Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.
11. Become a flea market/car boot sale/street market guru
You can find original gifts and develop good negotiation skills at these places.
12. Generic brand medication
More often than not, the generic version of paracetamol and other basics work the same as the branded version.
13. Choose deodorant, not perfume
It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!
Cut Down on Household Expenses
Ink is one of the most expensive substances in the office and coloured ink is doubly so. B
e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.
Expand the margins of what you are printing as often as you can to save on paper.
15. Minimize SMS and phone calls
A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).
16. Shop around for insurance
Most people don’t spend enough time searching for the best insurance deal.
Keep a watchful eye out for deals and new competitors in the market.
17. Try re-negotiating your rent/mortgage
If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.
18. Don’t get a TV
Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.
19. Pool your internet bill with a neighbour
My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.
Save Money in Socializing, Entertainment And Travel
20. Have house parties
Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.
For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.
21. Open festivals, meetups and events
It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.
If you can’t pay for a ticket, volunteer and get to be there anyway.
There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.
Save Money on Hygiene and Beauty
24. DIY beauty
French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.
25. Fewer haircuts/volunteer at a trainee hairdresser
If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.
Bonus: Effective Money-Saving Tips for Everything
Here’s a summary of what you can generally do to save more money:
- Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
- Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
- Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
- DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
- Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
- Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
- Stop and think. Do I really need it?
Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.
What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.
Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!
More Tips for Personal Finance Management
- Best 15 Money Management Apps That Make Financial Planning Easy
- How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide)
Featured photo credit: Unsplash via unsplash.com