Can Money Really Buy Love and Happiness?

  • Posted by a hidden member.
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    Jan 02, 2011 1:36 PM GMT
    From my past relationship, I realized that money doesn't buy love nor happiness? What is your take on this?

    I mean money helps make the material life easier but does it really make you happy? I made me think back to what my ex said about his friends and family only liked what he had rather than who he was. I did feel sorry for him because people around him were pretty superficial. In our relationship, I was first person to be down to earth and real with him. Well there were other reasons why we broke up but I just wanted to throw this out there to get your feedback ;)
  • Bunjamon

    Posts: 3161

    Jan 02, 2011 3:02 PM GMT
    Money can't make someone love you, but being able to be carefree about your expenses definitely makes you happier.
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    Jan 02, 2011 3:34 PM GMT
    For me, money means security, and that makes me feel happy/relieved.
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    Jan 02, 2011 3:42 PM GMT
    jprichva saidAs my wise old grampaw told me, "Money doesn't buy happiness, but it sure makes your misery a lot more comfortable."


    That's an awesome quote.
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    Jan 02, 2011 3:44 PM GMT


    We were both very poor and fell in love. Then, with that for inspiration, support, and dreams for a lifetime together, we both plunged in and made our fortunes, which fueled our happiness in that it made some of those dreams reality. icon_wink.gif

    -Doug
  • TheIStrat

    Posts: 777

    Jan 02, 2011 3:45 PM GMT
    No, but it buys everything else
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    Jan 02, 2011 3:53 PM GMT
    TheIStrat saidNo, but it buys everything else


    ^ this
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    Jan 02, 2011 4:42 PM GMT
    According to a San Francisco State University study, the answer is yes - if you use it to buy experiences (article was widely published so you can just do a hunt for more detail but here's their original press release):
    http://www.eurekalert.org/pub_releases/2009-02/sfsu-ben013009.php

    Buying experiences, not possessions, leads to greater happiness

    Can money make us happy if we spend it on the right purchases? A new psychology study suggests that buying life experiences rather than material possessions leads to greater happiness for both the consumer and those around them. The findings will be presented at the Society for Personality and Social Psychology annual meeting on Feb. 7.

    The study demonstrates that experiential purchases, such as a meal out or theater tickets, result in increased well-being because they satisfy higher order needs, specifically the need for social connectedness and vitality -- a feeling of being alive.

    "These findings support an extension of basic need theory, where purchases that increase psychological need satisfaction will produce the greatest well-being," said Ryan Howell, assistant professor of psychology at San Francisco State University.

    Participants in the study were asked to write reflections and answer questions about their recent purchases. Participants indicated that experiential purchases represented money better spent and greater happiness for both themselves and others. The results also indicate that experiences produce more happiness regardless of the amount spent or the income of the consumer.

    Experiences also lead to longer-term satisfaction. "Purchased experiences provide memory capital," Howell said. "We don't tend to get bored of happy memories like we do with a material object.

    "People still believe that more money will make them happy, even though 35 years of research has suggested the opposite," Howell said. "Maybe this belief has held because money is making some people happy some of the time, at least when they spend it on life experiences."

    "The mediators of experiential purchases: Determining the impact of psychological need satisfaction" was conducted by Ryan Howell, assistant professor of psychology at San Francisco State University and SF State graduate Graham Hill.


    Subnote - While I can sort of see how this is the case, I also do think that it depends on how you define happiness. There's a whole (fascinating) field of study with multiple presentations on the subject if you do a search on TED.com.
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    Jan 02, 2011 4:45 PM GMT
    I forget that money doesn't make problems go away... it just comes with different problems.
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    Jan 02, 2011 4:48 PM GMT

    Hmmm, buying, owning and the running of our first house was an experience. Same with a vehicle, a DVD, new clothes, and that cottage in the country, as examples. Groceries are a marvelous example of money buying happiness. Ask anyone who's hungry.

    -Doug

  • CuriousJockAZ

    Posts: 19133

    Jan 02, 2011 4:51 PM GMT
    SAHEM62896 saidI forget that money doesn't make problems go away... it just comes with different problems.



    I know, like trying to figure out if you should vacation in the south of France or Mykonos...being bummed that First Class is sold out...or that someone just broke into your Penthouse condo and stole your Rolex. icon_eek.gif
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    Jan 02, 2011 4:53 PM GMT
    No, but money can be become a source of stress or discord in some relationships though.

    Regarding happiness, only up to a point. I'm content with a relatively simple lifestyle. Once I attain a certain level of financial security, more money isn't really going to make me happier.
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    Jan 02, 2011 5:06 PM GMT
    Can money buy happiness?
    Here in England - absolutely!
    At least with it I was able to stay out of debt, save, escape the miserable climate and the rat race, travel the world, take fantastic photos and cherish the memories of such experiences - without having to count the pennies, which to my mind is the worst destroyer of memorable vacations.
  • tuffguyndc

    Posts: 4437

    Jan 02, 2011 5:21 PM GMT
    rjb2001 saidFrom my past relationship, I realized that money doesn't buy love nor happiness? What is your take on this?

    I mean money helps make the material life easier but does it really make you happy? I made me think back to what my ex said about his friends and family only liked what he had rather than who he was. I did feel sorry for him because people around him were pretty superficial. In our relationship, I was first person to be down to earth and real with him. Well there were other reasons why we broke up but I just wanted to throw this out there to get your feedback ;)

    then that person was not happy to begin with. money can buy happiness and love. but at the same time if the person is not happy with themselves than nothing will make them happy. they need therapy
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    Jan 02, 2011 5:33 PM GMT
    On the contrary, I am a firm believer that money can definitely buy happiness.

    Although I'm not talking about happiness in the terms of a blissful loving relationship coz anyne who thinks they can buy love is just delusional. I'm talking about getting to buy what I want, and not having to think about it.
  • Posted by a hidden member.
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    Jan 02, 2011 5:36 PM GMT
    Pretty close. It also depends on what you do with it. icon_biggrin.gif
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    Jan 02, 2011 5:47 PM GMT
    CuriousJockAZ said
    SAHEM62896 saidI forget that money doesn't make problems go away... it just comes with different problems.



    I know, like trying to figure out if you should vacation in the south of France or Mykonos...being bummed that First Class is sold out...or that someone just broke into your Penthouse condo and stole your Rolex. icon_eek.gif


    cheeky......

    you vacation in both of course, and a trick gone bad, isn't being broken into. icon_biggrin.gif

    money lets you focus on things beyond the basics of sustaining life, it reduces stress in some areas and increases it in others, I think it can make you happy, unfortunately it can only buy you love an hour at a time.
  • Posted by a hidden member.
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    Jan 02, 2011 5:47 PM GMT
    Love ain't gonna pay no bills!
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    Jan 02, 2011 6:52 PM GMT
    Money WILL buy an illusion of happiness which is mostly materialistic but not the real deal and not the raw emotion of love AND happiness.
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    Jan 02, 2011 6:54 PM GMT
    unfounded7 saidLove ain't gonna pay no bills!


    Thats true too, so point being, love and money are not mutually exclusive nor completely dependent... and happiness is an all around satisfaction with what you have in life, and money alone does not buy satisfaction, nor does love..

    I guess to be happy you just need both, along with health
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    Jan 02, 2011 6:58 PM GMT
    "for everything else there's MasterCard"
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    Jan 02, 2011 7:20 PM GMT
    Poor little rich boy!

    In past and current societies, money represents one's material exchange potential and inter-trade capacity, which is a survival requirement. None survive alone.

    Without it, you would indeed be very unhappy. I live in Santa Monica, California. There are a great many homeless people in my area. They do not look happy to me. They look dirty, smell horrible and are prematurely aged. They lack the comforts that money provides. This is not happiness.

    However, the money concept aside, a great philosopher once said that happiness is not necessarily an emotion. It could be said to be a condition of interest in something. It is the overcoming of obstacles toward a goal. So, happiness could be said to be that sense of satisfaction one gets from the step by step winning in life.

    Since money is functionally largely equated to material survival, in greater or lesser degrees, the attainment of money, through honest means, could conceivably bring some amount of happiness to anyone.

    If I worked hard, expecting to be paid, and then didn't get paid, I would probably not be happy. If I got paid, but also got a bonus, I would be very happy about that.

    The route to happiness is living a clean, honest and productive life, which leads toward better and longer survival. The emotions of human interaction, including intimate relationships, could be considered as quite separate from general happiness. Sharing your happiness with someone else would require that they live the same way and have a mutual desire for association with you. If they don't, you won't be happy with them.
  • dannyboy1101

    Posts: 977

    Jan 02, 2011 7:30 PM GMT
    Vancouverite2004 saidNo, but money can be become a source of stress or discord in some relationships though.

    Regarding happiness, only up to a point. I'm content with a relatively simple lifestyle. Once I attain a certain level of financial security, more money isn't really going to make me happier.


    Actually there was a study that making more money did make people physically and emotionally happier until they reached $80,000. After that level it didn't have as much effect. Looking for that study cuz I can't remember all the details...
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    Jan 02, 2011 7:34 PM GMT
    What I learned in economy (even if its still a biased class) is that money makes you happy when you worked hard to get it. So an entrepreneur that will have started a big company from scratch and now have 3 millions will be much more happier than someone winning 3 millions at the lottery.
    Happiness = sense of accomplishment too
    Well anyway thats my belief...
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    Jan 02, 2011 7:46 PM GMT
    N O !!!