How much money it costs is not the issue, but how much the money costs

us is

crucial

 

Once you get basic human needs met, a lot more money doesn't make a lot

more

happiness

 

Money is not everything, but money is something very important. Beyond

the

basic needs, money helps us achieve our life's goals and supports - the

things we care about most deeply - family, education, health care,

charity,

adventure and fun. It helps us get some of life's intangibles - freedom

or

independence, the opportunity to make the most of our skills and

talents,

the ability to choose our own course in life, financial security. With

mone

y, much good can be done and much unnecessary suffering avoided or

eliminated.

 

But, money has its own limitations too. It can give us the time to

appreciate the simple things in life more fully, but not the spirit of

innocence and wonder necessary to do so. Money can give us the time to

develop our gifts and talents, but not the courage and discipline to do

so. 

 

Money can give us the power to make a difference in the lives of others,

but

not the desire to do so. It can give us the time to develop and nurture

our

relationships, but not the love and caring necessary to do so. It can

just

as easily make us jaded, escapist, selfish, and lonely. How much do you

need? What is it going to cost you to get it? It is keeping these two

questions in mind that gives us a true sense of money's relationship to

happiness. If we have less than what we need, or if what we have is

costing

us too much, we can never be happy. We need money to eat, sleep, dress,

work, play, relate, heal, move about, and enjoy comforts. We should

remember

in choosing our style that it comes with a price tag. 

 

Evidence of the psychological and spiritual poverty of the rich and

famous

fills our newspapers, magazines, tabloids, and television programmes and

hardly needs repeating here. "We always think if we just had a little

bit

more money, we'd be happier," says Catherine Sanderson, a psychology

professor at Amherst College, "but when we get there, we're not." "Once

you

get basic human needs met, a lot more money doesn't make a lot more

happiness," notes Dan Gilbert, a psychology professor at Harvard

University

and the author of the new book Stumbling on Happiness.

 

Yes, we get a thrill at first from expensive things. But we soon get

used to

them, a state of running in place that economists call the 'hedonic

treadmill'. The problem is not money, it's us. For deep-seated

psychological

reasons, when it comes to spending money, we tend to value goods over

experiences. 

 

Money can help us find more happiness, so long as we know just what we

can

and cannot expect from it. Many researches suggest that seeking the good

life at a store is an expensive exercise in futility. Money can buy us

some

happiness, but only if we spend our money properly. We should buy

memories. 

 

How much money it costs is not the issue, but how much the money costs

us is

important. Money should not cost us our soul, relationships, dignity,

health, intelligence and joy in simple things of life. People who figure

out

what they truly value and then align their money with those values have

the

strongest sense of financial and personal well-being.

 

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