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 money, 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.
One cannot deny the importance of money because it is the most necessary thing that we require. Just like you need food to live similarly you need money to survive. It is difficult to sustain without money as it is the basic necessity. In order to live a happy life, you need money. From buying the necessary stuff to paying the fee for your kids, renting the home, you need money for everything. You cannot imagine your life without money and therefore it is important to have a proper balance between your expenses and money.
Though money is important in everyone’s life but still there are many people who hold a different view regarding this concept as feel that money is not everything. Yes, money may not be everything but it is the means to achieve happiness in life. Here are some of the aspects that clearly indicate that money is necessary.
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Money is all about being self-dependent – Money makes you self-dependent which means that you are no more dependent on anyone but can fulfill your life’s desires on your own. With the help of money, you can buy anything you like and need not ask others for it. So you can say that money gives you the power to be self-dependent and there is no better feeling that this.
No financial problem – Money gives you the ability to put an end to your financial problems but this is only possible if you manage it in the right way. Even with less salary you can make out the most of your investments and have a stable life. There are many people who earn a lot of salaries but are in debt because of the mismanagement that leads to numerous problems. So make sure there is a perfect management of your finances which keeps you stress-free.
Live life to the fullest – The real joys of life come with money. Like, you can go on a vacation only if you have money. If you wish to live a lavish like you require money for it. So in order to live your life to the fullest you need money so that you can get everything that you are looking for. The luxuries of life can easily be purchased with the money thus enabling you to live a happy lifestyle.
Free to take your decisions – As already discussed above, money gives you power which means that you are free to make your choices and take the decisions which are best for you. One need not depend on anyone or feel any pressure as it is your life and you have the right to do what you want to. Thus you are able to take decisions easily no matter what the situation is.
You can offer a better life to your family – If you want your family to be happy, money is something that you will need the most. Apart from the basic requirements of food and clothes, you need to pay the fee of your children, take them to new places, buy computers etc. All this is only possible if you have money and by fulfilling the needs of your family you can bring a smile on their face. Definitely, you wouldn’t like to see their sad faces and will try your best to meet their requirements.
Help others in times of need– If you have money you can help others you need it. There are many times when your friends and relatives would go through a crisis and may need your financial help. In this case, you can easily lend money and help them to combat the difficult times. You can give money to a charitable trust as well where your money is used in the proper way to help other people. Though it is entirely your choice and decision to give money but if you have, one can always help others.
From the above facts, you can say that money gives you the right to do a lot of things and that is why it is necessary to have the right amount. But the problem is that people run after money. Even the wealthiest person will want more and will try ways to make money. No one is satisfied with what they have and hence most of their time is wasted in thinking about how to increase the money. They forget to enjoy their life and just focus on how to get money. So do explore ways to make money but also enjoy your life and give time to your family.