Advertising
Advertising

This is Why Money “Can” Buy Happiness…Maybe

This is Why Money “Can” Buy Happiness…Maybe

“Love of money is the root of all evil.”

“The best things in life are free.”

“Money can’t buy happiness.”

Advertising

The list of goes on and on. But what if money actually could buy happiness? What if people started viewing money in a different light and began appreciating its purpose rather than fearing its lack? What if giving what you hope to get actually worked?  And what if maybe, just maybe, you bust out of your comfort zone, get a little radical and test-drive a few of these myth-busting slants for yourself? Do it. I triple dog dare you!

Notion #1: Spending money on someone else has the power to “turn that frown upside down.”

Try it if you don’t believe me. Next time you’re in line at your local coffee shop, for example, play philanthropist and pay for the person behind you. Their shock alone will be enough to bring a smile to your face. Not only that, your actions effectively set into motion the law of “what goes around comes around,” putting you next in line to be the receiver of a surprise gift. Even if it doesn’t come back to you in the form of a much-needed latte, you can always pull up that feeling of happiness you got from using your frown-reversal technique in the coffee shop.

Notion #2: Never underestimate the power of good hair.

Or nice clothes. Or a massage. Let’s face it, regardless of your gender, you know you want to put your best foot forward. Looking and feeling “fly” makes you confident, sexy and happy. Unless you’re getting the most amazing styles ever at the Great Clips, find a salon–or tailor or spa–that may cost a little more, but will make you look and feel your best. You are worth it, after all.

Advertising

Notion #3: Time is money, and spending money to have more time is a good use of both your time and money.

Look at it this way: you’ve been spending all of your after-work “free” time trying to paint the master bathroom, for example. You absolutely hate painting, and it’s pulling you away from your family, friends and fun.So hire a professional. Seriously. Think about the time, energy and, yes, even money, you’ll be saving by having someone who enjoys painting do your dirty work for you. Ahhh, yes, that’s the exhaling sound of money buying you peace and happiness.

Notion #4: Having money to pay your bills brings relief and makes room for a little more happiness in your day.

Dreading answering the phone, opening the mailbox or reading e-mails because you know there are at least two collectors waiting for you on the other end creates even more, well, dread.

Notion #5: Paying for–and using–a gym membership induces happiness.

It gets your endorphins endorphing, your clothes fitting looser and your mirror reflecting a more spunky you, yes? The trick here, of course, is the “using it” part. If you end up hitting the weights for only a few months and then fall off the proverbial treadmill, then by all means cancel your membership. Not spending on money on something is just as effective at bringing you joy as paying for something does.

Advertising

Notion #6: Healthy equals happy.

While running up your Visa to buy six pairs of shoes in every color may bring temporary happiness, opening the credit card statement will not.  When you guiltlessly spend your hard-earned money on things like taking your family to see Cats, going on the vacation you’ve been putting off or buying a big screen TV for your Friday Night Movie Night with your kids (or even Monday Night Football with the guys), you can rest assured that’s money well spent. After all, smiles are free and there will be many of those that come from the memories you made from using money to create them.

There’s absolutely nothing wrong with allowing yourself to have a healthy relationship with spending money. Perhaps it’s time to let go of other people’s limiting thoughts and “wisdom” and start living in a way that brings happiness to you and everyone around you. Remember, it’s the love of money that steals your joy–not necessarily the use of it.

So to the person who said “money can’t buy happiness,” I say “Oh really?!”

Advertising

More by this author

When Healthy Eating Becomes A “Disorder”: 10 Ways To Diagnose Orthorexia 10 Ways To Let Go Of People Who You No Longer Need In Life 10 Benefits of Being Yourself That Could Change Your Life This is Why Money “Can” Buy Happiness…Maybe 3 Reasons You May Not Need A Religion

Trending in Money

1 How to Develop a Millionaire Mindset in 6 Simple Steps 2 How to Eat Healthy on a Budget (The Definitive Guide) 3 9 Millionaire Success Habits That Will Inspire Your Life 4 Top 5 Spending Tracker Apps to Manage Your Budget Smart in 2020 5 How to Set Financial Goals and Actually Meet Them

Read Next

Advertising
Advertising
Advertising

Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

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!

Advertising

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?

Advertising

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.

Advertising

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

Advertising

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

Featured photo credit: Austin Distel via unsplash.com

Read Next