Mostly everyone can say they have heard the term “money doesn’t buy happiness”, but is that statement really true? Happiness is a general feeling, meaning it is not caused by just one thing. That being said, there could be varying causes to feeling happy, some of which can be physical objects. Typically, objects are purchased using money. Therefore, it can be assumed that money can buy happiness. Of course, there are some reasons for experiencing happiness that do not involve purchasing something.
Some of these could be simply having an enjoyable person around, participating in a hobby, etc. Usually, when people have more money available they are more lenient with activities compared to someone on a tighter budget. Having more money gives people more freedom to do better things, ultimately providing more serotonin, making it easier to feel happiness.
“Those with higher incomes felt they had more control over negative events and that control reduced their stress. People with ample incomes felt more agency to deal with whatever hassles may arise,” Jon M. Jachimowicz at Harvard Business School said.
Having the money to afford going to fun events and doing fun activities allows a person to make more memories, ultimately providing more opportunities for happiness. Being able to live comfortably and easily provides a sense of stability in a person, reducing stress and negative energy. This ultimately proves that money can truly buy happiness.
