5 Things That Are Far More Important Than Money

Hustling through the most expensive city in the world, it is impossible not to get consumed with making money. We sacrifice our time and energy just to make sure that all the bills are taken care of. A lot of focus is really on building wealth in our society. But if we are mindful about the present, we will realize that there are far more important things than money. Start with these:

1. GOOD HEALTH

As the old saying goes: “health is wealth”. As long as the fountain of youth has not been located, our brain and body deteriorates as time goes by. Although we are aware of the benefits of physical activity to our health, most of us do little of it. So, instead of getting consumed by earning, lead a healthy lifestyle packed with exercise and balanced diet.

2. TREASURED TIME

If there is something money cannot buy, it is absolutely time! Time is one of the most important commodities on Earth. It is limited. And, once it is gone, you cannot take it back. Adding health into the equation, if you have been living with an unhealthy lifestyle then your time may be shorter than the rest. This is why you must make every second count.

3. APPRECIATED RELATIONSHIPS

Since our time here is limited, we must constantly put effort into making our loved ones feel that they are appreciated. Show affection by your presence, hugs, and kisses. Help one another in the time of need as this will only keep the bond stronger. Furthermore, one’s overall health is improved by continued support from his or her family and friends.

4. WISDOM AND KNOWLEDGE

William Shakespeare once said: “A fool thinks himself to be wise, but a wise man knows himself to be a fool.”

Wisdom comes from the knowing how minute you actually know. Submitting yourself to updated books and new experiences can fuel the lifelong learning process. Be amazed with how much knowledge you gained, often far beyond what you had hoped. Ultimately, this will lead to personal growth – another thing that money cannot buy.

5. DAILY GRATITUDE

Thankfulness increases happiness within you and beyond you. Instead of focusing on what you do not have, be appreciative of the things that you have. Before you go to sleep or the after you wake up, think of 3 things you are thankful about. This changes your focus from your stressors to the beautiful things that you might have taken for granted.

Image Credits: Evelyn Lim via Flickr with CC License

Image Credits: Evelyn Lim via Flickr with CC License

Sources: 1, 2, 3, & 4

Read More...

Important Things You Must Know About Money And Happiness

The aged old question of “Does Money Buy Happiness” has been puzzling the minds of many over the past decades. A current research by University of British Columbia and Michigan State University showed that while more money decreases sadness, it might not increase joy.

The researchers named Elizabeth Dunn, Kostadin Kushlev, and Richard Lucas said: “having more money provides more options for dealing with adversity”. Hence, wealthier people may feel a greater sense of control on a difficult situation that poorer people.

1. MONEY RELATIVELY INCREASES HAPPINESS FOR SOME PEOPLE

Princeton researchers released a study in 2010 showing that happiness increases as the income increases until US$75, 000. After this certain point, it plateaus. It is due to the fact that stress and financial difficulties get harder and harder as your income descends in the five-figure realm.

Image Credits: Aaron Patterson via Flickr

Image Credits: Aaron Patterson via Flickr

For those who are struggling to make ends meet, making more money generally increases happiness. But, once a person has enough money to provide for the family and oneself, more money doesn’t lead to increased happiness.

2. YOU CONTROL THE EFFECT OF MONEY ON YOUR HAPPINESS

Having a balanced life, being able to practice your hobby, and volunteering certainly increases happiness. If you apply these ideals to money, you can generate happiness.

Studies show that you will get more satisfaction if you spend your cash towards memorable experiences such as vacations than towards material things such as a new table. Likewise, lending out possessions can help you enjoy the material things that your money bought.

3. DOES OWNING MORE AND ACHIEVING MORE MAKE YOU HAPPIER

If more money comes at a cost of more responsibility and heightened stress in the workplace, then that person will not experience added happiness. Owning more or shopping more only increases happiness for a short run. Spending more on others generates more happiness than splurging on you.

Read More...