Submitted by Rona_Gura on

Money Can’t Buy You Love, But Does it Buy Happiness?

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Lifestyle

When Fred offered the suggestion of “Happiness Week,” my first thought was this is going to be a “cinch.” Just the evening before, my husband and I were in our kitchen when, one by one, our kids each walked in from their evening out. We wound up spending over two hours in the kitchen talking and laughing with them. It was the perfect moment in time and I remember thinking, “It doesn’t get any better than this.”

Then, last week I went out to dinner with some single friends. One of our friends had been through a painful divorce, which left her financially devastated. We were trying to cheer her up a bit when she blurted out, “I’d be a lot happier if I had money.” This, of course, led to my cliché response, “You know that money doesn’t buy happiness.” My friend acknowledged my point, cliché as it may be, but argued that when one is financially secure it is “easier to be happy.” The conversation that followed amongst my friends and I, all of whom have been or are single parents with one income, then focused on financial security and its relationship to happiness.

Is there a relationship between happiness and money? Does financial security, as my friend suggested, give a person peace of mind that allows one to readily appreciate what they have and make it easier to be happy? In a truly honest discussion about happiness and money can one deny a relationship between financial security and happiness?

Comments

Corey Bearak

It makes a difference. But one can be shielded from its lack to a large extent (at least that was so back in the day). There is this Peter Frampton song, Money, that speaks to it (It is among my least fave songs of his and unfortunately it remains a concert staple). I share the studio rather than the more known live version, https://www.youtube.com/watch?v=PO5-JtCdKgg
Ellyn Finkelstein

Yes, I do feel financial security leads to peace of mind! Less stress, more reason to be happy! You also have to add good health. Money helps here too! Being able to
afford the best care. If you/family have your health, you have everything!!!

Submitted by NULL (not verified) on Sun, 08/17/2014 - 22:26

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Financial stability opens doors to opportunity and choices. Financial instability shuts everything down. It destroys quality of life. Been there.

Submitted by NULL (not verified) on Sun, 08/17/2014 - 23:06

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I recall reading somewhere that there is a certain annual income, varies by geography of course, at which any dollar above adds little to no happiness, but being below makes life such a struggle happiness can be hard to achieve.

The figure was not very high.
Nancy Schess

I think it is a stress reliever but I don't think money brings happiness. That said, stress does detract from happiness, so maybe it levels the playing field.

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