I’m sure you’ve heard the saying
“money doesn’t buy happiness.”
And if you’ve been reading my blogs
you’ll know that I believe true wealth is what you’re left with when they take
away all your money.
Having said that top-selling author Thomas
Corley, who conducted a five-year study of the daily habits of the rich
and the poor says that the message that money can’t buy happiness is not true.
He suggests you’ve
probably heard it from your parents, grandparents, or some family member
who are probably poor or struggling financially in life.
Here’s
what he found:
The data from his 5-year study
on the daily habits of the rich and poor:
- 82% of the wealthy were happy, while 98% of the poor were unhappy
- 87% of the wealthy were happy in their marriage, while 53% of the poor were unhappy
- 93% of the wealthy were happy because they liked or loved what they did for a living, while 85% of the poor were unhappy
- 0% of the wealthy were unhappy due to finances, while 98% of the poor were unhappy
Corley explained that…
Money problems have a ripple effect
on your life.
They can result in an overall sense
of unhappiness, and they can create marital stress, making both spouses unhappy
in the marriage.
That stress can cause health issues
and, even worse; it can negatively impact the lives of your children.
Being rich creates an overall sense
of happiness, improves your marital relationships, eliminates stress associated
with money problems — which improves your overall health — and enables parents
to give their kids a superior education, which lays the foundation for success
in life.
I think most parents would agree
that when their kids are doing well in life, it makes them happy, and when they
are struggling in life, it makes them unhappy.
So
when someone says “money does not buy happiness,” they’re wrong
Being wealthy can increase happiness
in many areas of life.
Wealth and poverty have a domino
effect on all aspects of your life, so if you improve your financial condition
in life, you will increase happiness in other aspects of your life.
Let’s take a look at just one of
those domino affects caused by poverty: marital problems.
Various studies identify money
problems as the leading cause of divorce in our country.
Researchers at Kansas State University surveyed 4,500 couples and found
fights about money are the biggest contributors to divorce.
When it comes to marriage, money
does buy marital bliss.
Corley concludes that if you want to increase
your overall happiness in life, you have to end your poverty.
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