Your Money Or Your Life? By Vicki Robin And Joe Dominguez

How often do you wake up worrying about money? How often do your loved ones worry about money? How often have you heard, “if only I had the money?” How often do you feel that more money would solve all your problems and would make you happy? What if I told you that you were right, to an extent. Author’s across the discussion of happiness have tried to answer the simply stated, yet complicatedly answered question, “Can Money Buy Happiness?” Authors Ed Diener and Robert Biswas-Diner attempt to answer the question in their piece of the same name, by explaining that “Yes, money buys happiness…but it must be considered in the bigger picture of what makes people genuinely rich” (Biswas-Diener 160-161). This idea that fiscal wealth is a path to happiness

The United States national debt is large. The U.S. Debt-to-GDP ratio has grown to over 60 percent in recent years. We are more than $15 trillion in debt. In this paper I will address the federal budget, the United States debt, and the resulting impacts on society in several sectors.

“But I can’t tell you how to live” (Weber, 19). In most cases, we decide to live the lives we want to live. You can decide to listen to yourself and ignore everyone else, or you can listen to everyone and not do what you want to do. In the book, In Cheap We Trust by Lauren Weber, She starts off by talking about how she was raised by a cheap father who was so proud about being cheap. Since Weber grew up that way, that trait followed her all the way into her adulthood. But here is the catch, she is only cheap about certain things. For example, she writes

The human characteristics of greed and materialism are a disguise that provide an ephemeral distraction, which over time, creates dissatisfaction. If asked what a person’s overarching life’s objective is, most would answer to be happy and loved. Yet, the misconception that happiness and money are interchangeable is still widely felt.

“Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has the more one wants.” Benjamin Franklin.

It is said that if one were to treat themselves with something they enjoy very much every now and then they are much more likely to be happier. Third, we could buy time by going out to eat with friends or go bowling. Stated in the passage, “too often we spend our time looking for ways to save money, when we would do better to spend our money to find ways to save time.” (Sunstein, 552) In explanation, we spend a lot of time looking for better prices than just going ahead and buying what we want.

The money people make the more things they buy. People buy items they never use more than twice. Since people find it difficult to get rid of things they do not need, hence, they are force to rent extra storage space to store these excess items. This is an example of a double expenditure because it cost more to have more space and people are tempted to buy more items if they have more space. Graham Hill, Andy park and Eliot El are a few of those people who belief that people can be happy and save money by having just the essential things they need.

The central theme of the Contents of a Dead Man’s Pocket was that our life would be nothing if we don’t enjoy our life. Nowadays, many people long for money and success, and they would do everything to achieve their goals. I believe that it was not worthy for people to sacrifice too much to achieve success. This article deeply touches my heart and I feel like this story teaches me an unforgettable lesson.

Thesis: The accumulation of debt not only affects a person’s financial health, but also their mental and physical health—even slight debt is linked to cases of emotional and health-related issues.

If you were to ask the average person if they believed whether or not money can buy one’s happiness, many would likely say no; but if you were to take a closer look at how they choose to spend their money, their purchases would say otherwise. Their purchases would likely say that money can instead buy you many things that make you happy, or at least temporarily. Our society condones the American dream to follow one’s desires because anyone who obtains any level of power, pleasure, and wealth is likely to also achieve a satisfying and successful life. “In a capitalist economy and a culture of consumerism and materialism, are we not bombarded with messages promising happiness through wealth and possessions? Aren’t we every day indoctrinated by advertisements promising bliss through the clothes we wear, the cell phones we buy, and even the beer we drink?”

Few people attempt to live the majority of their lives debt free. This is because paying off debt, especially large amounts of debt, is an extremely difficult task due to the materialistic world we live in today. Pressure from society makes everyone feel the need to purchase items that are not essential to one’s daily living. Many people allow their inability to say no and their extravagant desires take over their actual needs in life. This type of lifestyle can soon lead to an overwhelming burden of debt that is virtually impossible to pay off without embracing the following attributes - responsibility, sacrifice, and determination.

In today’s economics it is hard to balance work, family and the bills to maintain a mundane lifestyle. There is a

s & World Report emphasize that “American household still save far less than those in a host of other developed countries across the pond, including Italy, Spain, and France.” The American household doesn’t think in saving money because they are compulsive

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

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.