Does Money Buy Happiness

By DarWin1 | DarWin | 24 Oct 2023

Money cannot buy happiness, say those who do not know how to use it. If we put aside high-moral reasoning, it becomes obvious that money can buy, if not everything, then a lot of things that bring happiness.

Maslow's pyramid is built on money

Maslow's pyramid is a hierarchical model of needs developed by psychologist Abraham Maslow. This model includes five basic levels: physiological needs, safety needs, social needs, esteem needs, and self-actualization needs. And every step of the pyramid is bought with money.

  • Basic needs. These are basic needs for food, water, warmth and rest. Money can buy food, pay for housing and utilities.
  • Security needs. These are the needs for physical safety, health and well-being. With money, you can get insurance, quality health care, and safe housing.
  • Social needs. Friends, family, belonging to a group. Money will not buy you friends, but it can create conditions for socialization — free time for socializing, the ability to attend events of interest, and so on.
  • Respect. This is the desire to be respected, to have status and achievements. Money can allow you to invest in education, professional growth or start your own business.
  • And finally the needs for self-actualization. Of course, money cannot buy self-actualization itself, but it allows you to finance creative projects, hobbies or even charity.

Thus, money allows us to fulfill each of the five needs according to Maslow's pyramid.

Money buys dream

Another thing that can make a person happy is a dream come true. Dreams come in many forms, but many of them can also be bought.

The most banal example: if you dream of a luxury car, money can immediately turn your dream into reality. All you have to do is go to a car dealership and it's yours.

A more abstract example: traveling. Tickets, hotels, activities, unique experiences — the whole experience industry is tied to money.

An even more abstract example: freedom and independence. Sufficient financial capital will allow you to live on passive income without spending time on your job or business. That way you can devote all 24 hours a day to yourself.

And this list can go on for a long time.

DarWin Enterprise even has a special project called WinTarget. This tool allows you to calculate the amount you need to make your dreams come true and accumulate this amount faster thanks to the tools to multiply your savings.

Conclusion: a lot of things that bring happiness can be bought with money. And the most important step to fulfillment of your desires is to determine what exactly brings you happiness and how much money you need for it.

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