Apparently, Money Can Buy Happiness

Sam Richards
Authored by Sam Richards
Posted Wednesday, October 23, 2019 - 6:12am

Are you satisfied with the amount of money you earn? Would you be happier if you had a little bit more? And please don’t rush with ‘yes’ since studies reveal the correlation barely exists once you cross the $75,000 annual barrier. However, it’s hard to disagree that money is vital for healthy living and embracing your dreams. So in what ways money can buy happiness? Go skim through the top ones.

Exchange Money for Free Time: Time-Saving Purchases Lead the Game

People living in developed countries more and more often complain about the lack of time. Time scarcity is becoming literally a plague for the USA and European counties; it leads to insomnia, increased anxiety, frustration and finally, to complete exhaustion. So why not subscribe to a delivery service or start ordering your pizza online? Buying time promotes happiness, says the research involving more than 6000 adults in the USA, Netherlands, Denmark, and Canada. Moreover, valuing time over money will help you in establishing extra contracts and be more satisfied in your love life, avoiding unnecessary chores, which are one of the least happy people’s routines, the other research states. The simplest and the most genius thing you can do with money, especially if you have it in excess, is to exchange it for your time, not material things. Yes, you can easily buy a few hours’ worth of time for a few dozen bucks. All those newfangled services were invented for a reason, right?

Focus on What is Really Important to Avoid Overspending

Have you ever heard about the Diderot effect? It postulates two ideas, one on which asserts that any new purchase that is deviant from the current goods can result in spiraling consumption. Simply put, you buy new earrings to complement your awesome shoes and dress; purchase a new tuxedo to celebrate your university enrollment; get rid of your old ugly chairs next to a shiny mahogany table. Make priorities before you make money. There are thousands of juicy things on the shelves, but not all of them will make you happy. To deal with that, first of all, avoid triggers. Unsubscribe from spammy newsletters and retail stores. Secondly, set reasonable limits and in no case exceed them. Finally, ban shopping for a month if you are still unable to keep your hands off the ‘hot stuff’ on the display racks.

Fit Your Purchases with Your Inner Self

The study carried out by two renowned universities distinctly showed that spending money is bound to boost your emotional state, but only if it fits your personality. In other words, risk-takers will be pleased with buying cryptocurrencies or browsing through the selection of gambling sites with highest payouts, while risk-averse individuals must avoid these by all means unless they’re willing to end up being frustrated and empty-pocketed. Find out spending patterns that work for you best and act accordingly. Pass a simple ‘introvert or extravert’ test to find out who you really are.

Healthy Food and Decent Medicine are the Cornerstones of Happiness

Wanna be alive and kicking in your seventies? That’s a big deal, especially for the U.S. residents who had to endure the two times more expensive medicine in comparison to any other country. Facing an $8000 annual bill would probably make you re-think the connection between crispy banknotes and happiness, huh? Indeed, health and medicine are really the spheres where money talks. Whether you’re encountering pitfalls when buying your insurance or have to pay for a hospital stay or a surgery, it’s all about having enough cash in the pocket. Well, you do have some options even if you don’t have insurance at all, or if it doesn’t cover the procedure needed, but being proactive and responsive to the hospital’s department doesn’t sound like a solid plan when it comes to the matters of life-and-death, does it? Considering expensive medicine, the best one can do is to consume healthy food as preventive medicine. Though you may have to pay inflated prices for the products below, they can be a game-changer in your everyday diet!

  1. Berries and Fruits (apples, bananas, blueberries, avocados, oranges).
  2. Vegetables (broccoli, cabbage, bell peppers, asparagus, carrots, cucumbers, onions, garlic).
  3. Fish and seafood (salmon, shrimps, shellfish, tuna, trout).
  4. Dairy and eggs (cheese, whole milk, yogurt).
  5. Grains (brown rice, oats, quinoa).
  6. Unprocessed meats (chicken breasts, lean beef, lamb).
  7. Nuts, seeds, and legumes (almonds, coconuts, walnuts, lentils, peanuts, green beans).

So Can Money Buy Happiness, Or Is It a Delusion?

Apparently, it can, unless you’re spending so much time on making money that it completely absorbs your life. Being one of the most arguable, hated and worshipped phenomena of existence, money can execute your dreams, provide you with opportunities, fuel the causes you care about, and reflect your inner self.

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