Money Does Not Guarantee Happiness

Topics: Meaning of life, Life, Happiness Pages: 6 (1965 words) Published: August 15, 2012

Possessing an enormous sum of money and fortune has become one of many people’s main goals and ultimate purpose in life, especially the younger generations, regardless their nationality. Many are convinced throughout their lives that happiness can be bought with the existence money. But does possessing a large fortune and being loaded really bring happiness to one’s life? To answer this question, one should know the meaning of the words ‘happiness’ and ‘money’. As quoted by the legendary Mahatma Ghandi, “Happiness is what you think, what you say, and what you do are in harmony”. A famous philosopher named Aristotle also quoted, “Happiness is the meaning and the purpose of life, the whole aim and end of human existence.” The word ‘happiness’ itself is very hard to define as it has a different meaning in different context. Different people have different interpretations of what happiness means to them. In general, ‘happiness’ is success in life. Success in life cannot always be measured in material wise. It is achieved when one is satisfied with the achievements made, feeling at ease with his current life and enjoying life to the fullest. Most people don't spend much time wondering what money is. Their major concern is how much money they have, and how to get more. Money isn't just pieces of paper. It is a type of medium of exchange in transactions. Some people argue that without wealth you cannot be happy. Money can’t buy happiness directly as money alone does not guarantee happiness. In this written assignment, there will be some arguments supporting the statement ‘Money does not guarantee happiness’ and further clarifications on the statement.


Lately there have been numerous articles written in the newspapers and magazines relating to the way how the rich and powerful live their lives. At first, it was a shock the whole world when articles are written about them taking drugs, being rehabilitated and some even took their own lives away. But nowadays, these types of news don’t really bother anyone anymore as it is a cliché already. It is now crystal clear that having thick wallets and many digits in their bank accounts does not guarantee one’s happiness in life. These could be seen when entertainers such as the beautiful and talented Lindsay Lohan was caught taking drugs. There are a few setbacks having a huge pile of money. These setbacks are the reasons why money does not guarantee happiness even if it could lead to happiness. Money cannot buy you everything

Money turns people into materialistic creatures. Life consists of many important things that cannot be bought. For instance, you can purchase the best medicines and treatments, yet you cannot buy health. In this era of civilization, money can buy you fame and also a life. But there’s one thing in life that does not have a price tag to it and that is happiness. Happiness is not something that can be bought, but it is something that comes from within our heart and soul. Money does bring certain amount of happiness but the type of happiness won’t last. Money can’t buy happiness, but it will go a long way in helping you find happiness. As Easterlin puts it: “The problem is we don't realize that our material wants increase with the amount of money we make.”. Money brings “happiness” only up to a certain level that will end once it is over used. Money can never buy you love, family, and true friends which are the keys to happiness.

Money can lead to more stress
Stress is the adverse reaction people have to excessive pressure. It isn’t a disease. But if stress is intense and goes on for some time, it can lead to mental and physical ill health. Money and reputation always seem to dangle just outside of our reach, encouraging us to lean farther and farther over the edge, to study longer and longer, to work harder and harder. Life satisfaction is affected by salary and income, but only to a certain degree. The huge pay check you receive from...
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