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Good post.
Happiness is not a commodity that can easily be bought; its not available on a store shelf somewhere. Happiness is so intangible. I cant walk up to you and say hey sell me some.
Happiness is also very subjective - is it really all about being fuzzy and warm and smiley?
Happiness is what you make it to be and how you choose to get it.
For me happiness is not warm and fuzzy but rather contentment. Unfortunately if you don't have money it's very difficult to be content with life because stress and pressure become the over-riding issues and this impacts on self-worth, relationships and many more.
That's why, for me, money is directly correlated to happiness.
Great post. For me, the answer is its not important. I took a huge salary drop to move to a startup where I am doing much more interesting work than my previous job. (My wife complains a bit though :)
As an aside have you read any of Paul Graham's essays on the subject? He distinguishes between money and wealth. The gist is that nobody really wants money, what they want is wealth and you can make wealth in other ways, although I haven't found out how yet ;)
Job satisfaction, and the essence of Paul Buchheit's post, is in most cases what we all should be striving for. I know from my own experience that this satisfaction far outweighs many of the "benefits" of a higher paid job - including money.
I agree that Money and Wealth are two quite different issues and I'd certainly like to read Paul Graham's papers on this. I think my objective in life is not to be wealthy but to rather be content. As I've said before there are many factors that contribute to this contentment and money is one of them.
I guess that we all have different objectives and priorities in life and while wealth is what I hope for in life I'm just as happy to be able to provide comfortably for my family.
Oh, and a new MacBook Air would be nice to have as well ;)
It's that personal "enough" margin that needs to be found and balanced. And that, unfortunately, is the trick that most people don't get. The world media constantly blasts us with "more ... More ... MORE!", and people go for it. I believe it's called "advertising", lol.
For once, a sensible blog post about money. Quite amazing. Well done :)
~ Wogan
Wade - I couldn't have put it better :P It was also a very good movie about this exact issue and the sad part is most of those guys either ended up in jail or lost everything. I think this ties in with what Wogan was saying about how money can be a very negative thing as well.
~ Wogan
Although money doesn't drive me, I am definitely more content now that I have decent medical aid and a small stock portfolio!
The problem with associating money and happiness is that one tends to get confused about what money actually is! Money is simply an additional REWARD for doing something good!
Personally, I like to think I am driven by Impact. I like to see that I'm making the world a better place... so that I (and me and myself) can live in a better world!
See my related post: http://www.yeahfi.com/2008/02/power-wealth-or-i...
Money is a byproduct of success and it's more important to focus on making your idea/business/startup successful than worrying about whether you will make money or not.
I'm yet to prove this theory right but I think it's the right attitude to have.
So i think the right thing to ask is "Does money make you content with life?" I would say no. Like many others here I think that creating something that afterwards you (even better if other people) sit back and say wow, thats amazing would work towards true happiness no matter what money is involved.
Money was never and hopefully will never be the reason why i get out of bed in the morning.
I live by the dream that one day, on my dying bed i will look back and smile at how i made this world a better place, how i've changed people lives for the better. I look around me all the time, it fills me with sadness, how so many people are too much money oriented, how they miss the fact that money is only material, it comes and goes and that what stays behind is our good deeds. I personally feel happier when i make others happy, and i don't mind spending my own money in order to do that ...
I was never rich, neither i am now, nor do i think i will be, but i am happy the way i am ... i am thankful for the simplest things in life, health, love and family .... things you might not appreciate when you are spending your time chosing which dimond ring will look nicer around your manicured fingers, or which sports car will impress your friends the most ...
Without money we are not able to live... If we would be able to live without the money - why do we work, what for? I don't belive that some people work for their pleasure only... We work, we spent 8 hours or more in a work, we don't like our bosses, our boring offices - but we go there every day to earn money! of course money is not a thing that can make us happy, but we feel secure, safe and calm when we know that our bank account isn't empty...
I think money not everything but that is most important other thing we need for our lives.
If you think about that a little , you know that when you havent health in your live what will happen?
I think money is necessary for me but not all of my purpose in my live.
"With money you can buy a house but not a home;With money you can buy a clock but not time; With money you can buy a bed but not sleep; With money you can buy a book but not knowledge; With money you can buy a doctor but not health; With money you can buy a position but not respect; With money you can buy blood but not life; With money you can buy sex but not love."
Money isn't everything but... there are many but's... A simple example: witout money you can't have an internet, so you can't develop your language, what reduces to your unknown, and so on...
It should be enough money to study, to develop abilities and not to worry about the future.
Thanks