What is the happiness that money can buy?
There are so many great quotes about money and happiness out there…
Money can’t buy happiness…
Money can’t buy you happiness but it will certainly get you a better class of memories. ~Ronald Regan
Money can’t buy you happiness but neither can poverty. ~Leo Rosten
Whoever said money can't buy happiness simply didn't know where to go shopping. ~Gertrude Stein
It’s true that money can’t buy happiness, but it can buy amazing experiences, ease, freedom, piece of mind, opportunities and relief. It can also buy stress, fear, anger, and sadness. It comes down to what your values are.
Money can’t make you value what you’ve spent it on.
If your purchases are not in-line with your values, then you are wasting your money.
If you value connection with your friends then buying a $450 dollar bottle of wine at dinner to impress those friends can have less intrinsic value to you than a tobogganing trip with them. Spending money in a way that is not in-line with your values can lead to more stress; not a reduction of stress. What happens when that super fancy bottle of wine is uncorked, poured and presented to you by the sommelier and you have no idea if it’s great, indifferent or unpleasant? Suddenly you might find yourself feeling more stressed and uncomfortable than happy and proud.
If you value security highly then that sixteenth pair of shoes that you just purchased on a whim, but don’t love can have less intrinsic value than your boring old house insurance. Or new snow tires. Or that new stock investment in your RRSP.
The trick is knowing what you truly value. Once you are aware of your core values living your life accordingly becomes much easier. Spending in line with those values sets up less cognitive dissonance in your life and reduces your stress.
If you’d like to explore values based spending, why not give me a call? We can set up a free one hour call where you can explore what is in sync with your values and what is not.