Archive for psychology

Can money buy you happiness

Posted in Uncategorized with tags , , , , , , , , , , on September 2, 2013 by bespokekenya

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So lately I’ve been thinking deeply about this recently the answer to the age old question…no not what do women want, its, can money buy happiness? People have debated this for a long time and I thought it’s only right that I put my two cents in. In my opinion, with a lot of money I can buy everything I’ve ever wanted, I can have all the fancy cars, homes, clothes and gadgets I want, hell I could even own an island…or a small country (depending on the location of course) and not to mention I’d impress the hell out of everyone I meet, have more people like me and all.

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But here’s the problem, being rich isn’t all its cut out to be, sure it’s nice being able to buy whatever you want at a whim, but wealth comes at a price. For starters, the excitement you get when buying a new pair of jeans or shoes will not be there since you can afford it anytime you want and let’s not kid ourselves, we all feel great when we buy new clothes, male or female.

You also wouldn’t have a lot of genuine friends.in my current state, I know most of the people who like me tolerate me for my personality seeing as I don’t have any materials they could be after (I always say some people don’t love me for who I am but who I’m destined to be) so in all likelihood, the friends I have in my life are true friends. But when you are wealthy, you never know if the people in your life like you for what you can offer. Like leeches or ticks sucking you dry. You will always question if they are true or not. For men, you will question the women you date, are they there for romance or money.

For women, wealth means you will scare off men. It’s not news that men are sometimes intimidated by successful women, so right there we have a problem, do you downplay your success so that men will be attracted to you or wait till you find a man who isn’t intimidated? In my view, don’t date a man who is less successful than you, find an ambitious man or one who is more successful, but that’s just me.

Another issue is you will not rest easy at all times. Rich people always want to get richer, and they are always on their toes to prevent the loss of their wealth or trying to get richer. At least when you have nothing except the basic needs you can rest easy.

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Finally you have heard the ever famous question can money buy you happiness?

Is it better to laugh while riding a bike or while being chauffeured in a range rover? (I’ve always thought this was a rather silly metaphor)

There are many things money can buy…..and it would seem rather obvious that having loads of money would make you happier. But it isn’t exactly so.

Psychologists and economists who have studied the relationship between money and happiness paint a different picture. According to them, you’d likely grow tired of your mansion in a matter of years. You see, people have an astonishing ability to adapt to all sorts of situations, and while that can be a good thing if you get locked out of your house during a drenching rain, it also means you’d quickly grow accustomed to a life of affluence. A fancy car or a mansion would be great for a while, but after a few days or weeks, their newness would wear off, and you’d go in search of the next best thing. Even surveys of lottery winners indicate that their initial joy at hitting the jackpot wears off in just a few months.

The one place that money and happiness are significantly linked is when a person is unable to afford to meet their basic needs. There is an appreciable difference in levels of happiness between those below the poverty level and those above it.

According to psychology today, homeless people in Calcutta, for instance, score a mere 2.9 on a 7-point scale of happiness, while multimillionaires in the United States rank themselves a cheery 5.8. Once people pass that poverty threshold, though, the money boost tapers off; Inuits in Greenland and Masai ranchers living in Kenyan dung huts are just as happy as the high-society Americans So while the Warren Buffetts of the world are indeed more content than beggars on the street, they’re not a whole lot happier than people who herd cattle for a living.

The problem is that people are simply spending their money on the wrong things. People can spend their money in ways which will make them, and others around them, happier—by focusing their expenditures on activities that satisfy their basic psychological needs. This would explain why the richest people in the world give staggering amounts to charity.

Maslow’s hierarchy needs theory sets self-actualization as the final need. Maslow wanted to understand what motivates people. He believed that individuals possess a set of motivation systems unrelated to rewards or unconscious desires

Maslow (1943) stated that people are motivated to achieve certain needs. When one need is fulfilled a person seeks to fulfill the next one, and so on.

This five stage model can be divided into basic (or deficiency) needs (e.g. physiological, safety, love, and esteem) and growth needs (self-actualization).

One must satisfy lower level basic needs before progressing on to meet higher level growth needs.  Once these needs have been reasonably satisfied, one may be able to reach the highest level called self-actualization.

Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization.  Unfortunately, progress is often disrupted by failure to meet lower level needs. Life experiences including divorce and loss of job may cause an individual to fluctuate between levels of the hierarchy.

Maslow noted only one in a hundred people become fully self-actualized because our society rewards motivation primarily based on esteem, love and other social needs.

So in case any future billionaire reads this, even me who is writing…when you reach at a comfortable level, start trying to help your community. Don’t be content just helping those you love or helping to get recognition, instead aim towards making the world a better place. For those who believe in a higher powerful being, you know God will bless you in return and for those who also believe in karma, you know it will all come back to you.

à la prochaine