10 Insights into Money and Happiness Connection

Have you ever heard the saying “money can't buy happiness”? It's a common phrase, but is this really true? This topic has been debated for decades, with some believing that money is essential for a happy life. In contrast, others argue that true happiness isn't something that can be bought. Here are ten different perspectives on what money can give you. 

1. More Time

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“Being able to afford to take a couple of extra days off or being able to hire someone to take a task off your hands gives you more time to do the things that you need to do or to do the things that make you happy.,” a person says. Being wealthy doesn't guarantee that every aspect of your life will be happier. Still, it can give you more time to relax and enjoy the things you love.

2. Brings Peace of Mind

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 “I think it can buy peace of mind. People are happier when not fretting over their next meal or if they'll lose their home,” said an individual says. Financial stability allows you to focus on other aspects of life without worrying about how you'll take care of your needs. You have a job, a home, and money to pay for your needs and wants

3. Reduces Stress 

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When you're not worrying about how to pay the bills, you can focus on the things that truly bring you joy. “It might not buy true happiness, but it can make me less stressed out and feel calm so I can enjoy that which brings me happiness,” she stated. Many people struggle daily to have food on the table, but with money, you can reduce some of your burden. 

4. Improves Quality of Life

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“As a disabled person in a wheelchair, money can't buy happiness, but it can open opportunities and extend my life. So yes and no,” she says. Money may not bring happiness, but it can provide access to opportunities and resources that enhance their quality of life. You can travel, improves your health, and live your life. 

5. Creates Opportunities 

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People in the middle class have access to more resources and opportunities for a better life. “Up to a point, yes. It's been proven that people living in the middle class are happier than those living in poverty,” an anonymous person stated. 

6. Reduces Financial Stress

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“No, but it helps. You don't worry about bills, meals, and other financial stresses with money. Without it, you have those added to your daily concerns,” stated an individual. Financial stresses can significantly burden daily life that money could solve.

7. Provides Financial Stability

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Being able to pay our bills on time, afford the things we need, and even treat ourselves every once in a while can contribute to a more content and satisfied life. “No, but it can help eliminate a lot of sadness caused by money problems,” said one user.

8. Help Solve Personal Issues 

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“Most of my problems right now could be solved with money,” said one user. Being able to pay off debts, medical expenses, and other important expenses can make life easier and less stressful. 

9. Provides Comfort

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Money provides opportunities for experiences and comforts that might contribute to happiness. “Not happiness, but it definitely makes life a little smoother,” said one commenter.

10. It Brings Freedom

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“Money brings freedom, which can lead to happiness,” one commenter stated. So while money can't guarantee happiness, it provides you with the freedom to explore your hobbies and passions, take time off work to rest and recharge, and travel.

This thread inspired this post.

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She started her blog, The Money Dreamer, when she realized the 9-5 job was not the lifestyle she wanted anymore. After designing for a while, she wanted a more meaningful life, which was freedom, so she decided to venture out. She took action so that she can live her dream life and decided to help people to live theirs by helping them how to save, budget, and invest.

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