1. Time
‘Money can buy a wrist watch but not time’ are you the one who things in the same way. To some extent you are right but not completely. Just thinks once the about the ways buy which money can buy technologies which can help you to cut short the time you spend in your day to day work. Like a washing machine, dish washer, lawnmower and many more make some chores quicker and easier to perform. Money can also help you to save time by giving you the ability to hire a maid, landscaper or butler for doing chores and running errands. Hence, money can definitely buy time.
2. Achieving Goals
Today, the things which are available for free can easily be counted on your fingers but the things which money can buy are countless. Even for achieving your goals you need money. You may aim to become a doctor or a engineer or a lawyer or a MBA, but for studying any of these professional courses you would need of lakhs of money. Even for training under the vocational courses like music, dance, fine arts you require money to pay our fees. Life is not just about living with serious ambitions but even for achieving softer goals like vacation trips or buying luxurious car money is needed. In many ways, money can help achieve goals and make you happy.
3. Financial Security
Financial security can only be achieved with sufficient finance, in other words with money. Financial security helps a man to keep financial worries at bay, and this helps him to live his life more happily than the one who is struggling without it. Laura Vanderkam, author of "All the Money in the World: What the Happiest People Know About Getting and Spending," says satisfaction with life and consequently happiness amplifies with income. This is possibly because when one has enough money, he or she won't have to stress day and night about providing proper food for the family, or worry about a family member falling ill and not having adequate funds to pay for healthcare. When someone has sufficient money to take care of his priorities, it brings about bundles of joy.
4. Creates Opportunities
It is often said that the person who himself is happy can keep other have too. In the same way the person who has enough money can help someone in need of money. It could be your spouse, child or a close friend who needs money to fulfill his or her aims. Remember, the more money you have, the greater the opportunities we have to help others. As you know, money creates opportunities to help others as its gives you the ability to help them. Michael Norton, associate professor at the Harvard Business School, says it is far more rewarding in the long run if people use their money to aid others, instead of spending it only in fulfilling their individual needs.
5. Experiences
Vanderkam says that money can buy happiness if used wisely. When you buy too much of something, the pleasure which you get out it start diminishing. Rather use your money for creating an experience that can be shared. This, she says, would help the happiness grow three-fold. It grows through the anticipation, the experience and the happy memories each time you remember it. Money can provide you the capital required to enjoy lasting experiences like traveling around the world, scuba-diving, paragliding and trying some of the most watering meals in the 5 star restaurants. Money can buy a ton of wonderful experiences which you can cherish lifelong.
6. Social Standing
In today’s materialistic world money plays an important role in building social status and earning popularity. There is an age old saying, that ‘adversity test friends and prosperity gains friends’. It’s true that our socio-economic statuses are determined largely by the amount of money we have. There is certainly no fun to be poor and it doesn't hurt to be rich. For most of us who fall in the varying shades of the middle class income group, it is money that puts us there more than our ethnic and educational backgrounds. If it didn't, then we would have also participated in the proud discussions about how much we earn.
7. Enabler
Keeping aside the extravagant life and appearance in page 3 of some streaming sections of magazines and tabloid newspaper which comes usually comes with money; you can also aim for attaining eternal peace by donating your money for a charitable cause. Some philanthropists like Azim Premji are working towards building better healthcare and education systems. This year he made a grand donation of $1.3 billion. According to psychologist Martin Seligman, humans find happiness by enabling greater opportunities for many others who need a helping hand, which gives them a great sense of triumph.
Courtesy: SiliconIndia
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