Money Cant Buy Happiness Essay Conclusion Tips

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Money cannot buy happiness

Introduction

            Money. What is money? Is being able to buy anything in this world means you can buy happiness. Money is happiness? Money is something that helps you to acquire thing that you desire in life including basic necessities. As a matter of fact, you need happiness in life. Although people say that money cannot buy happiness, I believe that money can buy happiness.

            I believe that money is everything in this world. True love, friends and health all revolve around money. Many people think so and I think that it is true because it causes one to lose his or her loved one to become rich. Also, it is this thinking that makes us to regret not cherishing anything and only caring about money. Money is everything to us, though it is not something to all people.

            There is nothing that money cannot buy. For those who argue that money cannot buy true love, they are not right. Happy life comes with money. You can buy love with money because it shows your status whereby some people are attracted to that status. For example, every girl wants to marry a man with a lot of money so that he can take her to vacation, buy her dress, cars, and live in a good home. Beside, love revolves around money.

            Though happiness is priceless you can buy true happiness regardless of the cost. Most billionaires hire girls to entertain them at their homes, massage them and make them feel comfortable. Money can make you awfully comfortable while you are being miserable such as when you are sick. With money you can buy what can make you feel comfortable at that expense. According to Clare Luce, money can make us happy as well as our loved ones. Also, psychological studies indicate that the rich people have less intense negative emotions than poor people. Thus, besides reducing stress, it also makes us happy and feel comfortable without our families.

            Though the most happiest people in the world are in Latin America, it does not mean that money cannot buy happiness because they face a lot of health challenges due to their poor living condition. People with health challenges cannot be happier because their body is in pain. Moreover, there is a high rate of crime everyday so as to get daily bread. Thus, happiness incurs a price. In addition, money helps us to buy fake friends and lovers for the time becoming happy.

            It is only money that makes us buy materialistic goods that make us happy. It is money that inspires us to work hard to reach our goals. People cannot be successful without getting a purpose in life. Money is the only thing that gives us hope in life. Besides, we go to school so that we get jobs and money to cater for our own lives.

            In conclusion, it is extremely true that money can buy us happiness. Without money we are not able to have good friends, love and family. Money motivates us to work hard so as to have the things that we want to live. Thus, I disagree with the statement that money cannot buy happiness.

References

Dunleavey, M. (2007). Money can buy happiness: How to spend to get the life you want. New York: Broadway Books.

Source document

Scientific evidence has shown us that in fact, money DOES buy happiness, but only to a certain point. 

A famous Princeton study (linked below) found that emotional wellbeing increases steadily with income, up to around $75,000 per year. After that point, income does not have much of an effect on emotional wellbeing. 

Research has previously shown that low income families are more likely to divorce than higher income families (see NCFR link), and that lower income couples were more likely to have their relationship negatively influenced by money problems. Together, these facts suggest that conflict within low income families can often relate to money problems, leading to unhappiness and divorce at higher rates than high income families. 

The Princeton study has found that low income families also experience more emotional distress from unfortunate life events (which include poor health and loneliness as well as divorce) than do higher income families. 

With that said, it seems clear that $75,000 for a family isn't really all that much money. Two parents earning just over $37,000 per year will earn that much (which works out to around $18 per hour per parent working 40 hours per week). Clearly, though, a single parent earning that salary will earn far below the 'happiness threshold', and will suffer from many of the financial troubles experienced by low income families. 

Essentially, I think the data shows us that money can buy happiness if you are in poverty or struggling with money. In this case, the money will eliminate several sources of unhappiness, such as stress and marital conflict over finances. But once you have a comfortable family income: enough to pay for all your fixed expenses (such as rent/mortgage, bills, and groceries) and maybe a few luxuries (movie tickets), money doesn't really have much of an impact on happiness. 

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