‘Money doesn’t lead to happiness’ we often heard when we were children. However, as we grow, we might come to feel that this statement isn’t entirely true.
If you’re struggling to make ends meet for your family or if you are facing eviction for lack of rent or you only have $5 to stretch for food until the end of the week, you’re going to laugh in the face of that statement, because you know how much a little a bit of money will help your situation.
Does money truly lead to happiness? Not always. Can it? Potentially, it just depends on how you use it and making sure your perspective stays healthy:
It Is A Tool
Money is just an object, or a tool. What matters is how you use it. Just like the internet, its use can be applied to many different situations, lead to many different results, and lend you many different experiences.
There are many long term and short term ways or places to use your money. One thing is for sure, there’s always going to be something or someone willing to take your money from you. As you know, making sure you have can help you feel better, long, sustainable and well thought out financial planning can certainly lend you happiness.
This feeling is the difference between buying an awesome gift for yourself, and buying an awesome gift for someone you love. We all know which one helps us feel better. Investing in long term savings or processes like your child’s college fund is sure to lend you that satisfying feeling. Also, long term sustained efforts in charitable contribution and other forms of well-thought out alternative spending can help your money mean something, and help you foster a positive attitude towards it.
To learn about how money isn’t always the path to happiness, some people have to fall into debt to wake them up. However, debt provides its own opportunity. Learning new methods of coming back to financial freedom can be essential for most people, especially when using tools that simplify this process such as debt consolidation, see more at debt consolidation loans. Money can lead to happiness, but only if it’s tempered with an ability to measure priority well, and only if financial confidence is present and can be worked on. In other words, your money needs to work for you, not the other round. Compulsion and negative habits have no place here.