Different countries have their unique forms of money and global economies have, over time, related the value of each dollar to that of another.
Different items in life have different values, some as a result of practicality and demand, others because of branding and popularity. This means that here are certain things that can only be acquired by the very wealthy and many things that those with limited funds have to do without. There is also the problem of accessibility, if you cannot either go to a location to purchase an item that can only be found there, or have it delivered to you via some form of long distance trading, some items will forever be out of your reach, for example, mars rocks.
We live in a material world and most of our lives depend on materials for happiness and comfort. All of these materials have to be purchased and so on a very basic level, without money, you cannot survive, at least not very comfortably.
This is the very first level of money buying happiness, money can buy things necessary for survival and without life, their is no happiness. On the other hand, if one has everything they need to survive, a home, food , clothing, their happiness may depend on other things, like job success or family.
Money can buy these things but only to a certain degree, for instance you could bribe someone into giving you the job you desire but then, only if they are willing to accept a bribe. Families cost money to maintain and after acquiring enough money to enable you to have one, you are not guaranteed to have the family you desire. All things considered, does it make good sense for people in society to pursue monetary income or wealth?
I believe it makes sense for people to pursue monetary income first; the wealth will come later. But people adapt too quickly to the benefits that come with wealth and take them for granted. They must continuously pursue happiness of making more money to buy more things. Values are ends that a person acts to gain and or keep. Values can be material or spiritual.
Food, clothes, eye wear, a car, a house all of these would be material values. Spiritual values encompass things like knowledge, beauty, self-esteem, mental health or rewarding work. Many people use money to meet many of their needs. Vanity is now a major factor in the world. Buying materialistic things is an instant feeling of happiness.
More money and the time it buys, makes a pursuit a greater possibility. A person might value being engaged with their children while they are young, or peace of mind about their retirement; more money makes these possibilities easier.
One of the things these examples make plain is that money is important not only to fulfill physical desires or to acquire material goods. It is also critical for the spiritual values. Money facilitates the achievement of all values, spiritual as well as material. Money buys good and money buys time. Money nourishes happiness by helping a person to achieve the values that happiness is made of. Like many things, money can be put to poor uses.
Yet money can also be put to wonder uses, including the greatest: That fact has got to be acknowledging if people are to embrace money unapologetically, as they must if they are to attain sufficient control over their lives to realize their ends and fulfill their dreams.
Money does not offer short cuts around this fact. Economists use the term utility to represent a measure of the satisfaction or happiness that individuals get from the consumption of goods and services. Because a higher income can allow one to consume more goods and services, we say that utility increases with income. But does greater income and consumption really translate into greater happiness? However consumption effect tells us that more consumption of goods and services will increase happiness.
At least to a degree, we see that money can buy happiness. Based on research I found that money does not increase the happiness because as income increases the person behavior of preferences or satisfaction changes and will result is diminishing income. Research also showed that the more money one earned in an annual salary, one will spend more for the desires in which one has. Happiness can be easily out weighted by the loss of a family member, or cancer that may not be cured or removed.
Money brings people happiness in numerous ways. I believe that money can provide one with live. Some people say that without love there is no happiness. On the contrary there is love in money. Others might involve themselves into one life only because the person has money, but they are expressing their love none the less.
The man with a lot of money can lose all his wealth at any time, just like he can lose his personality, a career, looks or even a hairstyle. What people fail to realized is that money can bring happiness, whether or not its material objects.
But money can help you help out your friends who may help you out in a time of need, so it can create friends not sure about the love part though. for me, in my opinion, money can definitely buy happiness.
Money is desired by everyone, but it can’t buy you everything, for example: general knowledge or a deceased loved one and the memories made with them. Happiness is not determined by what your bank account could afford, it is simply appreciating the small things life brings you.
The truth is cliché that money can buy happiness is that happiness is not easy. Money does not offer short cuts around this fact. It is important to appreciate the danger of how money can’t buy happiness, however. On one level it is simply bad advice, which is counterproductive to individual’s happiness. Does Money Buy Happiness Does money buy happiness is a question that can have multiple answers. An individual’s happiness can be defined as their state of mind, level of contentment, or result of satisfied experience.
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