Increase happiness by spending money on the “right” things an for the “right” reasons.
Love, Hope, Charity
Spend on Experiences, not material things
Somehow society tells us that once we make more money, we will be able to buy all the “stuff” that will make us happier. Hahaha… Not in any lifetime! “Stuff” like watches, jewelry, electronics, fancy cars, yachts, mansions, etc. Sorry but buying a new, bigger house does not improve our happiness.
What truly adds to our happiness is “experiences”. Experiences make our lives richer. Experiences actually add to the definition of who we are as a human being. So, when you have the choice between spending money on stuff or experiences, choose experiences.
On a day to day basis, your choice could be as simple as spending that money on buying a new pair of jeans or buying a month of dance classes or singing lessons or rock climbing gym membership. Ditch the jeans and go for the experience ! You will find yourself to be a new person as a result of those experiences. I can’t wait to experience life and not collect things.
On a monthly, quarterly or yearly basis, it could be the choice between spending the additional $30K on upgrading your car or taking a long trip to 10 countries in Europe. Take the trip to Europe. You will have stories to tell for the rest of your life. Those stories will enrich your life. You will connect with others, learn new things, grow yourself as a human being and remember those stories even 50 years later.
Below are experiences that will increase your happiness and if you meet the criteria your happiness will soar:
- Experiences that bring you together with others
- Experiences that make a memorable story
- Experiences that are linked to your sense of self/who you desire to be
- Experiences that are unique
As Mark Twain said: “20 years from now, you will be more disappointed by the things you didn’t do than the ones you did do.”
Actually, a lot of people’s biggest regret is buying material goods, something they wish they hadn’t. Experiences lead to stories that live with us forever. Experiences help us grow as human beings. Experiences amplify our existence. Experiences connect us to others. Experiences define us. So, go out and indulge in an experience. You will be richer as a result of it.
Spend on Others
Which one would you chose? Which one would make you happier in the end?
“Please spend this $50 today before 5 PM on a gift for yourself or on any of your expenses”
“Please spend this $50 today before 5 PM on a gift for someone else or a donation to a charity.”
Can you guess what the outcome would be? Exactly, spending on others gives us more happiness, no matter how much we have or how much we spend.
Now, lets step it up and instead of buying someone a gift, give them an experiences. Take them to coffee or a movie, dinner or lunch. In a nutshell: Investing in others in a way that allows you to connect with them while your money is being spent gives you the most happiness and also for other person. You want to be able to see the effect of the money being spent. But if you can’t be there, giving someone tickets for a movie, theatre show, vacation trip, massage, a place they’ve never been, etc. Change a life… Take someone traveling with you and experience God’s wonderful world.
So, the next time you are thinking of spending your hard earned money… think about what will give most “happiness experience” for your buck.