How Does Money Influence Happiness?
-Modern Millionaires
How Does Money Influence Happiness? How many times have we heard the popular saying that “if I had more money, I will be happier�. After all, rich people are being held in high esteem in society, and they seem to have everything they need just at their fingertips. Yet, many still believe money is not the source of happiness. In fact, various studies and research have been carried out to look into the impact of money on happiness. However, one thing that remains is that there is no hard and fast rule on the connection between money and happiness.
Some demonstrated that if you are not happy before, there are high chances you won’t be when you have money. Having more can be a temporary rush of adrenaline that will soon wear off over time. While some explain that life struggles are the temporary reasons for unhappiness. Hence, money becomes the key to meeting daily needs and problems.
Increased Income Means A Better Life It only makes intuitive sense to believe that the higher the income, the higher the quality of life. One thing is money can satisfy your needs and improves the quality of life. Imagine having to pay your bills without hassle, meeting your financial requirement without second thoughts. Plus, getting to eat what want and go where you like. There is comfort, financial stability and even enjoyment. Try being poor, try being rich, I bet you will rather take the latter. It’s no surprise many will do anything to stay rich while the poor are always aspiring to be in their shoe.
Increased Wealth Afford Greater Autonomy And Confidence The point is people feel richer, more financially secured and confident about their wealth. Various studies have linked low emotional well-being and life evaluation to low income. This is not to say people who earn more are not sometimes irritable, sad or angry even with the plenty they have. Moreover, upper class lives in a better environment and could afford luxurious life. This grants them more autonomy and makes them less susceptible to social and societal threat. They are more self-focused and have an increased independence which gives them a sense of security and happiness. Lower social class on the other hand tend to be more dependence on others.
Increased Wealth Afford Greater Autonomy And Confidence The point is people feel richer, more financially secured and confident about their wealth. Various studies have linked low emotional well-being and life evaluation to low income. This is not to say people who earn more are not sometimes irritable, sad or angry even with the plenty they have. Moreover, upper class lives in a better environment and could afford luxurious life. This grants them more autonomy and makes them less susceptible to social and societal threat. They are more self-focused and have an increased independence which gives them a sense of security and happiness. Lower social class on the other hand tend to be more dependence on others.
Increased Wealth Afford Greater Autonomy And Confidence They are more vulnerable to social and environmental threats. Hence, they tend to find happiness in relationships and caring for others. This shows that there are different reasons why people are happy. And while money might be part of them, it is not the sole determinant for happiness. To know more on how to grow your way to success in business, modern millionaires is here to help. Stop by Modern Millionaires Review to see how the company has changed lives and businesses for the better.