Money Can Buy Happiness

September 24, 2009


I fundamentally disagree with the notion that money can’t buy happiness.  Don’t misconstrue what I’m saying.  If someone is not happy with his life and wins the lottery, that person will not instantly gain long-term satisfaction just because he now has a lot of money.  The elation will be short-lived and most end up going bankrupt after a few years. That’s one of the main reasons why expensive cars, toys, and gadgets and  are such a waste of money.  The satisfaction you get from the initial purchase only lasts a short amount of time.  Before you know it, you are back to feeling the way you’ve always felt.  In that sense, happiness can never come from an external source.  It is something that you have to cultivate in yourself.

What money does provide, however, is a vehicle to happiness — financial independence.  Financial independence, in turn, provides freedom.  Freedom to do what you want with you life.  Freedom to work or not work as you please.  Freedom to devote your time to pursuing your hobbies and passions without worrying about generating enough income.  In a way, the idea of retirement is much like the idea of accumulating enough wealth to buy your freedom.  Until then we are all slaves, in a way, to our jobs and our paychecks.  In that sense, shouldn’t financial independence  be more of a priority in our lives?

2 Comments on “Money Can Buy Happiness”

  1. Ethan Says:

    couldn’t have said it any better!


  2. Jackson Rodgers Says:

    Money doesn’t buy happiness but money does provide choices. The more choices you have, the more likely you are to find happiness.


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