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Why money cant make you happy

Why money cant make you happy

Discuss Why money cant make you happy within the General Talks forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; let's look at the three reasons money doesn't make us happy: 1. It's relative income that's important. As I've noted ...

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Swati Rao
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Why money cant make you happy - May 15th, 2011

let's look at the three reasons money doesn't make us happy:

1. It's relative income that's important. As I've noted previously, money is relative. It turns out we don't mind so much about our actual level of income, so long as we're earning more than other people around us. Unfortunately as we earn more money we're likely to be surrounded by richer people so we often end up failing to take advantage of the positive comparison.
2. Material goods don't make us happy. Acquiring things like houses and cars only have a transient effect on happiness. People's desires for material possessions crank up at the same, or greater rate, than their salaries. Again, this means that despite considerably more luxurious possessions, people end up no happier. There's even evidence that materialism make us less happy.
3. People don't shift to enjoyable activities when they are rich. People who earn more money don't spend their time enjoying themselves, they spend their time at work, in activities likely to cause them more stress and tension. This may be because of 'the focusing illusion'. When people think about earning more money they probably imagine they would use the money on recreational activities. In fact, to earn the money, they have to spend more time at work, and commuting to and from work.
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Re: Why money cant make you happy - May 15th, 2011

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Dimpy Handa
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Re: Why money cant make you happy - July 4th, 2011

It's the love of money that is the problem. Money can buy temporary happiness but, when it comes right down to it if a person isn't happy with themselves then all the money in the world isn't going to give it to them. We all need it in this world in order to survive day to day. Someone who can use it to bring good to others is wiser than the fool who throws it away on himself. There are a few things money cannot buy. 1) Love 2) Happiness 3) Eternal Life 4) True Friendship 5) Exemption from the grave. You can't take it with you.
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Malika Munjal
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Re:Why money cant make you happy - August 6th, 2011

Because, there are many things in life which we want and which are considered to be above and much more important than money.. like love, care, humanity...
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