Copeland, Mike. “Americans Are ‘Spending’ Themselves Into Unhappiness.” Baylor Business Review, Waco Tribune-Herald, 2000. Mike Copeland researches the transformation of spending money and the negative side of it which can lead to unhappiness. He aims to show the emerging compulsive spending habits of emerging generations that do not end in positive emotions. He proves this with new patterns of shopping which occurs mainly online and with credit cards which have many unknown yet common traps. Copeland only proves that compulsive spending can lead to unhappiness, but does not examine the possible stress relief, relaxation, and happiness that could also be a result. …show more content…
She proves this by using statistics that relate wealth to happiness and concludes that after basic needs are met, excessive additional money does not come with extra happiness and can even decrease it. She includes many examples of items such as beauty products that do not achieve permanent happiness and also proves that the middle class often are the happiest and spend their money in ways that are beneficial to happy emotions even compared to the wealthier class. McGowan does not cover the possibility that there are more things that can be purchased which bring people happiness other than physical objects. Her argument that money cannot buy relationships and bliss support my counter argument of money’s inability to buy …show more content…
“Spend Smarter, Be Happier.” Time Inc, Money, 22 June 2010. David Futrelle discusses the physiological component of spending money and how to spend it wisely with long lasting satisfaction. He examines the behavior of average consumers who spend spend their money on both items that become normal or items and experiences that potentially last longer. He found those who spent money on items that eventually become much less special such as household upgrades did not remain satisfied while those who spent their money on lasting and even obscure things such as vacations had longer lasting satisfaction and happiness. Futrelle's research will assist the development of my argument as it provides a unique way to look at ways to spend money and more information on the ways to spend it that bring out the most positive emotions. This article fails to incorporate the possibility of a counterargument as it is obvious that not all purchasing bring happiness in any
He said people are happier if they live in wealthy than poor nations. However, when people have enough money to pay for their basic need of food, shelter, etc., money does relatively little to improve happiness. He said people today are twice as rich as people in the late 1960s, but they were less happy than people in the 1960s. In the article “Spending Become You” the author Juliet Schor argues that Americans are looking for happiness, so that lead them to continuously buy so much and overspend without even realizing that they are spending more than they make. David G Myers, in the article “ The Funds, and Faith of Happy people” he argues that it is impossible what these people are doing, because money can’t buy happiness. This shows that, the American habit of overspending is unnecessary. Myers’ article enables us to understand why Schor said, all that Americans do is spend, spend and spend as if they can’t have fun without spending
The author of the article, “You Can Buy Happiness, If It’s An Experience” stated many different ideas and thoughts on happiness. He stated that the anticipation waiting for a trip trumps buying the latest things. He proves multiple studies that show that an experience provides more happiness than the newest iphone. He also states that the build up waiting for a trip is improved due to your imagination. He disproves the saying “money can’t buy you happiness”. I agree with the author, because the points that he makes I have experienced.
In Money Can't Buy Love: Asymmetric Beliefs about Gift Price and Feelings of Appreciation by Francis Flynn and Gabrielle Adams, they talk deeply about the amount of gifts that people buy. For instance millions of Americans are always buying items and gifts every single day. It is especially this way during the month of December when shoppers “spent over $30 billion at retail stores”(Flynn and Adams 5). The massive amount of shopping for gifts for people who may not even like them is considered a bad habit to economists. People buy things for people who wouldn’t normally buy those things to begin with. It represents a waste in resources and is “referred to as ‘the deadweight loss of Christmas’” which is because people tend to overspend on gifts
As I read the article about happiness I noticed a lot of logos along the way, she used a lot of facts to back up her argument about why happiness is healthy and the benefits it has. She uses the example of the identical and fraternal twins, "Research has shown that identical twins tend to have similar level of happiness more so than fraternal twins." (Landau 12). According to the author this means that happiness truly comes from your genes. Also, the fact that identical twins can almost sense each other's level of happiness. Her research was related to happiness but it didn't help me understand the main concept of why happiness is healthy. Then she introduces a stronger point with a cliche that states, "money doesn't buy happiness". Using this as her naysayer, this actually helps her in proving why money can't really buy you happiness. She claims, "emotional well-being rises with income up to a point, which seems to be a household income of $75,000. Day-to-day happiness did not increase with higher incomes....Their results show a sharp destitution between how people see
Psychologist James Hamblin believes that happiness comes from experiences that occur in life rather than the materials life has to offer. In other words, a person will be happier in the long run going on vacation rather than buying a new phone. Hamblin’s article creates an argument in hopes of encouraging people to enjoy the moments in life and not the big or little things. Hamblin argues that ‘if you pay for an experience, like a vacation, it will be over and gone; but if you buy a tangible thing, a couch, at least you 'll have it for a long time” (Hamblin 2014). A person may be able to buy something and have it in possession for a long period of time,
Members of every socioeconomic bracket can and do deluge themselves with products” (Hill,4). conclusion, we don’t need much stuffs. Rebuttal: “Intuitively, we know that the best stuff in life isn’t stuff at all, and that relationships, experiences and meaningful work are the staples of a happy life” (Hill,27). Because it shows all the evidences to the audience, however, the audience might be only limited on the middle class and rich people. If the author can show more evidence about all people can be happier even they don’t have a rich life, it would be more
She begins with stating that money does not and cannot fill a person’s basic psychological needs (Rubin 295). Rubin goes on to claim that we do take daily things, like air conditioning and a car, for granted and we do not know how good we have something until it is gone. She does offer a solution to our problem; which is spend money wisely. As long as we know how to use and spend money we can be happy. Rubin brings out the topic of spending out.
As Begley “When people buy something they try to pay as little for it as they can” (p. 1). Therefore, I agree that money sometimes can bring happiness while there are a lot of things which people cannot have it with money. The author states that people enjoy when they get something on sale, and they feel happy when they spend less money for. Also, the author mentions how money can affect people who are poor and give them happiness; however, rich people gather money to increase their wealth. Sharon also writes about the survey, which how people consider their happiness.
In his article The Funds, Friends, and Faith of Happy People David G. Myers analyzes results of different surveys and researches in attempt to answer the question: “does money make people happier?” The conclusion suggests they do not. While many people have an opposite opinion, facts show the correlation between money and happiness weakens with the increase of income.
Affective motives deal with the need to reach satisfying feeling states and to obtain personal goals (Hawkins, 2010). Another shopping situation on my personal consumption is line 15 page 2, April 14, 2012, my family on an impulse spent $143.07 dollars on recreational products. Even after this shopping situation, I could not understand how or why I allowed my family that is trying to save money spend so much of it. However slowly understanding our purchasing behaviors, I can understand that it relates to the need for tension reduction and some hedonic shopping motives. People encounter situations in their daily lives that create uncomfortable levels of stress. In order to effectively manage tension and stress, people are motivated to seek ways to reduce arousal. Recreational products and activities are often promoted in terms of tension relief (Hawkins, 2010). After closely observations of my consumption journal, I think most of our purchasing
Although Americans do look better and feel better with the extravagant items they purchase, money doesn’t buy happiness for long term goals. Like many will argue, like Atlantic senior editor Derek Thompson did in his 2013 article, “Yes, Money Does Buy Happiness: 6 Lessons on the Newest Research on Income and Well-Being,” money can only buy happiness for short term goals; it won’t last very long for everyone and it could lead to worse scenarios when the money is gone. Thompson (2013) included statistics on richer countries that are proven to be happier, explaining, “First, the lines go up. More money, more happiness. Second, the lines go up in parallel, more or less. Across language, culture, religion, ethnic background, the same amount of extra money seems to buy the similar amount of extra happiness.” Thompson (2013) found the same similar pattern in many other countries and concluded that they are more happy than poorer countries. Although poorer countries don’t have as many resources or many things like richer countries do, Seth Borenstein, in his 2017 article for The Independent, “Norway Beats Denmark to be Named the Happiest Country in the World by the UN,” can beg to differ. Borenstein (2017) says, “While most countries were either getting happier or at least treading water, America's happiness score dropped 5 per cent over the past decade” (Borenstein, 2017). That shows that America, one of the richest
In the book “Money can buy Happiness” tells about spending money on important and substantial things that bring us long lasting happiness. It provide some helpful information and tips which can be applied in our daily living. If you want to find out how to put together the most of your money in order to get a good and happy life (good return on investment). This book also creates awareness of how we spend our money, investments and savings wisely. For those who wants to analyze whether their spending habits align with their values, this book can be an eye opener for them.
We all have heard the phrase “money can’t buy you happiness.” That phrase is a lie because mostly everything in today’s society revolves around money. The things people like revolve around money too. What a coincidence? Let’s say a person is upset so they go buy their favorite ice cream because they know it will make them happy. That person had the money to invest in something that made them happy. Or on an even bigger let’s say someone has been fantasizing about a car and they finally get enough money to purchase their dream car. This person is likely to be very happy. If it was not for the money, they would not have gotten that dream car, so basically the money made them happy. The truth is money makes people happy.
Maurie Backman, finance writer for the Motley Fool argues that money can buy happiness - if the money is spent right. To be more specific, money and savings can be used to purchase free time to enjoy some leisure activities, such as buying a new TV to watch better pixelation and broadcasting, watching a movie with close friends, etc. These leisure activities did make people happier, according to a survey of 6,000 adults, which was conducted by researchers at the University of British Columbia and Harvard Business School in the United States, Canada, and Europe. Backman emphasizes, “....part of the reason [Americans] are so behind on savings is because [Americans] are paying for
When you hear the word happiness, what is the first thing that comes to mind? Do you think of material possessions like designer clothes and accessories, the newest iPhone with the highest possible storage capacity, or a shiny red supercar? Do you think the amount of money you have or your current financial status has an effect on how happy you are? Plenty of college students, myself included, would associate happiness with possessing items like these or just having a lot of money in general. In today’s society, one common belief about social class is that the richer and more money or things that one has, the happier this will make them. This belief is reinforced by countless advertisements we see and hear everywhere, whether that be on