Can Money Buy Happiness Analysis

To what degree does wealth buy happiness?

Henry David Thoreau stated, “Wealth is the ability to truly experience life”. Money opens up new experiences, yet also gives the ability of purchasing wants and needs. Happiness and greed, two opposites, will be affected by social status. Some people say money is the root to all evil, but is that really the case? Although greed is the downfall of possessing riches, money has the ability to create happiness through assessing basic needs, attending all wants, and upholding satisfaction among everyone. By obtaining money, avarice can be avoided through how money is earned and distributed.

Money is an important factor in meeting basic necessities for living. It provides a shelter, food, and pays for expenses such as water and electricity to

William Geoff informs the reader that making milestone purchases or small purchases with money will give someone pleasure in his article, “Can Money Buy Us Happiness”. Geoff explains how “some types of purchases have made his patients happy, particularly those that symbolize an individual or family reaching a new level in their lifestyle”. Happiness can come from purchasing a new item someone has been saving up for. After they have saved up and bought the item, they may feel accomplished or thrilled. On the contrary, impulse buying can cause distress among someone. Impulse buying is purchasing unneeded or unplanned items. Soon after making an impulse buy, someone may feel disappointment in themselves. Andrew Blackman’s “Can Money Buy You Happiness” also notifies the reader that spending money on friends and family instead of oneself will cause them to be more merry and cheerful. Saving up money for an exact product or spending it on others over impulse buying, builds pride and self-confidence in the