Can Money Buy Happiness? Art of Happiness

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can money buy happiness

Can money buy happiness?? While many of us go through life with the search for money in our minds we are often told that money can not buy happiness. But, what is really true in the saying? Is there a correlation between money and happiness? And, if so, how can we use it as an advantage? So let’s

Humans are very sensitive to change

Humans are very sensitive to change. When we receive an increase or commission, we really enjoy it. But we adapt at incredible speeds to our new wealth. Some studies have shown that in North America, the additional income of more than $ 75,000 per year stops affecting everyday happiness. In fact, people who win the lottery often report that they feel extremely unhappy. They often end up spending all the money, getting into debt and experiencing ruined social relationships. Then surely money can not really buy happiness.

Well, recent studies suggest that the problem may really be in the way we spend money. Instead of buying things for you, try to give something to other people and see how you feel. Studies show that people who spend their money on others feel happier. And while people spend it on themselves they do not necessarily become less happy, their happiness does not change. The same principle has been tested in teams and organizations as well.

Give an experimental look

An experiment showed that instead of an organization that wrote a large check to a charity, dividing the amount among employees and allowing them to contribute to a charity of their choice, their job satisfaction increased. In the same way, people who spend monetary incentives among themselves, unlike them, increase not only job satisfaction, but improve team performance and sales. This has been seen in sales and sports teams.

Almost anywhere we look in the world, we see that giving money or gifts to others correlates positively with happiness. Interestingly, the specific way in which money is spent on others is not important. From trivial gifts to great charitable efforts, spending something on others is the important aspect to increase your happiness. The emotional rewards of pro-social spending are even detectable at the neuronal level.

If you spend money on yourself, try to go after experiences, unlike material things. Traveling or going to an event is more impressive for the vast majority of people in the long term. And while you save for these great experiences, do not forget the daily joys in life. Many frequent small pleasures help you through the days and encourage change, which stimulates the brain.

Instead of buying a $ 3,000 rug  that offers a unique experience for the next 10 years, a 5 dollar café con latte with friends will be different each time, offering unique access to happiness opportunities.

Although money is unlikely to be the main source of happiness in our lives, it certainly has the potential to facilitate some things … and complicate others.

But at the end of the day, you can buy happiness, if it is spent in the right way.

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Sanghamitra

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