The phrase is a common reference point by some people in the middle and low category of wealth ownership. But is it true that money can’t buy happiness? Let’s get deep into the discussion to understand the phrase. Even though no one has come out to prove that adequate money made them happier than they were before, some people believe that it can’t buy happiness. In contrast, others believe that satisfaction is associated with one’s amount of income. To make us sail 50/50 in this argument, it’s worth figuring out if poverty causes sadness before a better conclusion.
Does poverty bring sadness?
It is most likely that poor people are frequently depressed about life. That is because they mostly get overwhelmed with bills, thus making them perceive life as tough. According to a recent study, it came out that poor people are twice likely to be depressed compared to those in normal conditions. The study was conducted by Morning study through a random phone survey. Therefore, it’s undeniable that, to some extent, poverty makes people sad about life and all that life offers.
How about adequate money?
Only those who have not given the topic a deeper consideration may agree that one’s level of money is directly associated with the level of happiness. However, that’s not the case because even people of the same networth if surveyed, results will come out that their level of satisfaction is not equal.
It’s somehow a natural thing that human beings are never satisfied with the goodies life offers them. For instance, those who work tirelessly to achieve their goals never sleep once they make it. Therefore, it’s clear that human beings are bever satisfied with the amount of money they have. However, there is still an argument that a certain amount of money makes them feel satisfied when they get it. Read through the next section to find out if that is true.
How much should you earn to be happy?
Although there is no exact amount of money associated with happiness, a past study shows that an average person should earn $105,000 to feel satisfied. However, the happiness level associated with the sum fades away after some time, thus not promising eternal satisfaction.
Another justification that no amount of money brings eternal happiness is that even after amassing a large amount of wealth, rich people still work hard for long hours. That makes them sleep late when tired and cannot find time to enjoy themselves with their families. Despite the above, you should not hold yourself back from working towards achieving the best. Always exploit every opportunity that comes your way so that you also have the money.
Don’t allow yourself to languish in poverty because of believing that money can’t buy happiness. Money plays a significant role in the economy and many people’s lives. Therefore, you should also strive for it.