Does Money Bring Happiness?
As an individual I personally don’t think that money is the absolute key to happiness. There are much more important things in life, things like family, friends, good health and so on and I would never sacrifice any of these more important things just to become rich.
Having said this however, life also isn’t much fun when you seem to just constantly be scraping by, and every new bill brings with it yet more stress and pressure. An interesting new infographic from SunLife based on recent research (see below) suggests that it may not just be the size of your bank balance that brings happiness. The research instead suggests that it might have more to do with the activities and the financial plans of the people that have more cash to spare each month, which in turn brings an increased quality of life and a more secure outlook for both their financial future and the security of the assets which they own today. Have a look at the infographic and see if you agree with the findings.
We can see then that having that little bit of extra cash to spare each month can help us to plan for the future, which may bring a certain peace of mind along with it. The same can be said for having adequate insurance in place so that we don’t have to worry so much if things were to go wrong in some way during the here and now.
As I said earlier though, I personally feel that true happiness is about much more than just having a large bank balance. Sure, having a decent amount of spare cash can certainly help to relieve stress and pressure, but when we see so many rich and famous people out there who are obviously quite unhappy in their lives even though they have an almost unlimited supply of cash, it is clear that there is much more involved here than just the size of your bank balance.