Does money REALLY buy happiness?
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- เผยแพร่เมื่อ 28 ก.ย. 2024
- In this video I'll be answering the age-old-but still controversial-question of whether money can buy happiness. We'll take a look at the science and some real world examples and hopefully arrive at a satisfactory conclusion.
Casey Neistat's video: • Being RICH vs Being PO...
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Money can’t buy happiness but it can buy freedom and other things that lead to happiness 👌🏻
I feel that to a certain extent, money can definitely buy things in life that make you happy. Thus, money can buy happiness. Not in every way, but in many ways money can buy happiness. Imagine you have 0$ and no home and you have to spend the majority of your day thinking about where your next meal will come from and you have to also think about where you will sleep and if that place will be safe for you. With money, those aren’t concerns. Those thoughts don’t corrupt your mind every day and with money, you can free up your time and pursue your passions which make you even happier. The man with no money doesn’t have time to pursue his passions because he is using that time to figure out where his most basic needs will come from in order to survive. So in conclusion, money can definitely buy a good deal of happiness. :)
So simply, money can buy happiness
Money dosen't buy freedom.
Money buys you choice.
Freedom is a choice.
@@aryansarc yes. I made such a long comment because just saying “money buys happiness” doesn’t tell the other ppl who will read this WHY I believe that money buys happiness.
You cannot become happy, you can only be happy. You don't need any money to choose to be content in any moment.
People say money can't buy happiness, but if you dun have money, ur life will be miserable
That is true
Ya dun right!
That's pretty much what's happening to me
Sadly but true 😔
depends on where you live tbh
Hold up for a sec...That shirt is fantastic.
Rolled up sleeves paired with glasses.
Ok, back to the video.
Hahaha I was looking for this comment. Agreed. And the hair looks a little different. And the way the shirt fits and is unbuttoned at the top.
Dayuum... yep. Back to the video.
@@sanchari.c and @Krispy
kinda sus ngl
I have to say, Ali. Your story telling on concepts has improved so much! I agree, we should be more grateful with what we have, instead of comparing our lives to others. Thank you for this insight!
"Money can't buy happiness" -those who already have it
"Money can buy happiness" -those who do not have money yet justifying the need to have one
Why do people with money think they know what would make anyone else happy? They should, more honestly, say "Money didn't make *me* happy".
Being broke is hard.
Becoming rich is hard.
Choose your hard.
Good quote, I think many people need to think this one over, it would help more become rich
Might as well cry premium tears😅
Someone once said; "I have been unhappy rich and I've been unhappy poor. I prefer to be unhappy rich"
Hope 2021 is treating everyone well so far!
I saw a lot of these points in the book that you recommended, " Happy " by Derren Brown. It also talks about your sources of happiness, are you happy because you have money? thereby meaning your happiness is dependent on money and not on you and it's a fun concept to think about, happiness, an emotion that is yours is dependent on an external factor? SO yes money can buy happiness but really are you will to keep your happiness at the hands of an external factor and thereby risking whether you will be happy in life?
All I know is, I may have been born poor, but I will certainly do my best not to die poor.
Fun Fact: ‘Sheen’ was the Art Director because she arranged the money lol
The behind the scenes with monopoly money 😂
The process of improving your looks for them ladies (discussed in your podcast which I love) really works out well for you! Looking good!
Two things I didn't expect at all:
1) That cool new shirt
2) That pause at 0:59
Content was phenomenal as usual.
On the aspect of hedonic adaptation, a good way to "avoid it" is to remember before the massive change (in Ali's case, remember your old car) as said by Arthur Schopenhauer.
Are you still there doubting and watching while others are making cool money from bitcoin investment, I will encourage you to start investing to secure a better financial freedom
I actually stop panicking about the fluctuating nature of btc price, ever since I started investing with Mrs Judith Beverly . am gaining regularly even with the market downtrend at times.
@@josephthomas4874 Is she legit, can she be trusted?
Yes she's legit also an expert and I have been earning from her platform.
I believe year 2020 was a year that thought everyone to be smart with whatever they're doing financially if they're to achieve the success they so much crave for
It's not about ignorance but unprofessional brokers in the market
Loved this video Ali. I am one of your older subscribers. Actually you were recommended by my teen son. Can I add one another item which has magical effect on happiness? It’s called giving or doing something for someone without expecting something in return. VWin- Win situation and boosts your self esteem and worth without spending at the shrink or on material things. So saves money as well. Keep up the good work!
Great Point: When you know this will happen.
08:16 "I new I was going to hedonically adapt to the new car. I know this is a fundamental aspect of human psychology"
Hedonic Adaptation is when something good happens [ buying a Tesla] then months later, this becomes the new normal
Hedonic Growth is when something bad happens to you, hence you learn and grow from the situation.
You can learn a lot about yourself from HG rather than HA.
YES, HERE YOU ARE RIGHT. Without money, nothing works and life is miserable...
money doesn’t buy happiness, but it can make the things that make people unhappy go away
Always talks about what most people don’t want to talk about.. cheers on that Ali ❤️
Ali is evolving into husband material in every video
Comparison is so important in answering this question! I feel I always compare myself to people more successful than me, but I don’t feel jealous I feel motivated! I guess I don’t see money as a source of happiness but as a tool in itself
I saw months ago a documentary about a turkish guy who was fed up of the "civilized" life and travelled to countries like sudan etc. and wanted to help them. He realized that these people are very happy with their life. The familiy life is great, kids are always smiling and laughing, everyone one was helping each other. I cant forget how he said that in turkey kids in their age are fighting each other because of an Iphone, or playstation, and yelling each other,...scream and shout etc. Basically kids now a days are not very patient and tending to get easier agressive. But in countries like Sudan, in which the people are very poor, the kids are very patient and he said that no one was agressive or shouting to a another kid. Basically these people are very patient and happy. This turkish guy lived with them for many months and it was so interesting to listen to his expirience. He said the only think that made them more happy is water. So I am wondering why these people are happy and even though hey dont have an average salary of 55k, 105k or 200k whatever. My opinion is, that our society and the technology makes us sick.
Just came here by watching the thumbnail to say "Money difinietly brings happiness to life"
Money may not buy happiness but it makes many things in life much easier.
Being broke in many cases buys sadness
Money can't buy happiness but money can buy things that makes you happy
If you put the amount of money on a logarithmic scale, the correlation of wealth and happiness continues to exist. If you look at the data now, a certain % increase in money will happiness continually. But the more money you make, the higher the total increase has to be, to create more happiness. If someone who earns 50k a year gets a 50k increase per year it has a much higher impact on him in contrast to someone who already earns 300k and gets the same increase. For the same effect he’d have to earn an extra 300k.
I've always said that money can't buy happiness, but it can buy you comfort. And if I'm going to be miserable, I'd rather be miserable in comfort, LOL! As it turns out, I'm happy even though I haven't got much money, so that's just as well, really. I think a lot of it depends on when you think you can say you have "enough". I have enough. More would be nice, I aspire to having more, and I wouldn't run short of ideas for a very long time on great experiences to have with it or beautiful things to buy, but I can't deny that I have enough now - meaning I can cover all the essentials of life, so everything else on top of that is just gravy. Comparison would probably only make me unhappy so I don't bother with it. Why put off my happiness until I have more?
By the way, Ali, you're looking verrrrry good in this video! (You're welcome.)
Damn the shirt
Yeah man.. I like it too
I was not expecting you here!
Well, actually, I was.
@@Acquittal I did too
Comparing really is bad but I struggle to stop doing it. I try to keep telling myself to stop doing it every time I find myself comparing but I still find it difficult. It's like the more I try to stop, the more I keep on thinking about it instead. Any suggestions?
My ultimate definition of happiness is to be with God in heaven. Because after death nothing in this world really matter anymore.
John's message brought tears to my eyes.
I remember someone telling me about the concept of the “upper” and “lower” hand. The upper hand can always give to the lower hand, but the lower hand can never give to the upper hand. An analogy of the rich and the poor.
To me this means, the more money you have (aka power and resources) the more your able to give and help others around you. The less money you have, the less your able to help others.
It sounds kind of corny, but I believe the reason to accumulate money (power), will be to help others with that said money (power).
Hey! On the topic of money/finances, I’m wondering if you’d consider doing a video where you explain how to do “get started” w money. As a fresh college student I have no idea how to keep track of my spending/receiving or how to do “book keeping.” Would be SO HELPFUL to have someone like you (clearly financially successful), explain the basics & how to get started. Thanks!!
Money doesn't buy happiness , it buys comfort ( which contributes to happiness ) . The moment you run for money without appreciating the comfort it buys you you'll be unhappy
I think all these studies look at income but they should also take into account other assets (eg. investments, real estate etc.). My hypothesis is that financial security/stability plays a significant role in how much income/salary one would be happy with.
They say that money doesn't bring you happiness, I say neither does being broke, so let me suffer with a new car.
This was exactly what has been on my mind for a long time and finally someone said it 💯
Yeah I do have the feel.In reality when we don't have any one to discuss those stuff it fades away .
Love the nuance you get into here - and definitely something I've been thinking a lot more about recently too. "How much money is 'enough'?" ...and while I don't subscribe to the 'growth at all costs' thinking... trying to define what that max point is for me has been an interesting question. Almost like a koan - will this ever be answered? Hmm...
Short answer: yes
Long answer: noooo
Yes. It does. If you see Maslow's Hierarchy pyramid states that the foundation is basic needs be met to reach next levels. The negative connotations about money is usually are from people on the tip of that pyramid who can now focus on self-actualization.
Ali makes me realise so many things that I haven’t even thought of before. Thank you!
Ali by the way I am quoting you for my GAMSAT prep! I think you'll have officially made it if you end up in a GAMSAT essay!!!!
Very interesting video. I read a book about this topic a few years ago, “A very short introduction to happiness” and they found the happiest community in the world. Hint: they’re not rich. Also I like the shirt.
Im surprised the title wasn’t “can money buy PRODUCTIVITY”
This is the question which scrumbles in my mind ...
Ali,I think that success is not about to earn money its about to became a best version of yourself in all fields of life including fanancial,health etc
And if we become successful in achieving our all goals then we can say that we are happy
It gives one good insurance. I know a retired teacher who pays almost $1,000 a month on health insurance. One needs a home in a good neighborhood, good food, housekeeper if elderly, and health insurance, and friends.
The way you’ve explained this makes a lot of sense, I definitely agree
I think there is one more point, That is "How you make you money?" If I making a decent living amount almost all passively than I will be more happy, than earning 10 times that with 10+ hours of work daily. Same goes for earning from doing the work your love vs the love you don't like
Is it a problem that I was distracted by Casey Neistat's spelling of "fulfillment"?
I was really interested in seeing the point of view of someone that talks so openly about money like Ali and honestly this was really good , I'm not disappointed at all .
Tell you what can buy you happiness is (HEALTH) if you're are healthy it doesn't probably make sense to you right now.
However, I am 36 have been struggling with 2 slipped discs, a pinched nerve for the past 7 years , a high blood pressure which I inherited from my mom.
I have other health issues from working very hard . I am not complaining or anything !I will have to deal with it for the rest of my life.
Whish if I was healthy again :)
i cant help but notice how youre already at 350k more followers ever since you hit 1M a month ago .. good for you lil man
True! The relationship of money and happiness is complicated!
Hey Ali! I have been following you for more than a year now. I loved your book recommendation which I have been reading. If you have some time then will you please do a short video on different podcasts that you find really interesting? I can be a collection of sci-fi, productivity, and any kind. Thank you so much for your time.
You look cool in that shirt man
24 mins to film a 12 min Video. It takes Ali just double the time. Damn!
Taking your FCPX class on SkillShare and loving it!
I've always wanted to invest in forex/stock trading, after a few trials I realized that trading without a good mentor and guidance is a waste of time and money.
I have always wanted to expand my business but I could not do that because the cash was not forth coming as I had planned. Getting referred to Mr Andy Calistoga played a great role in that vision. Mr Andy is a great mentor and the best trader/Account manager on my list.
Honesty and trust means a lot to me that's why I still trade with Mr Andy. It's been 7months now and I haven't had reasons to doubt his competence. Traders/Account managers like him are hard to come by.
I'm having a wonderful time trading with Mr Andy Calistoga. His trading system is simply the best. I traded for almost two months without making a single profit but all that changed with Mr Andy around
How can I get to Mr. Andy?
(A n d y c a l i 9 2 4 @ y a h o o . c o m)
complete happiness? maybe not, but comfort, stability, peace of mind (financially at least), and security are for sure bought by money, which I guess tends to create a path to a certain type of happiness. But I don't think its the kind of happiness we seek after... (Ik I'm not making any sense its like 2am lmao)
Lookin more masculine I see...
Money can buy you comfort, there was study done on happiness and I believe it was the longest study done where it was found that those who lived happily were happy from their partners. Also Ali is looking better in shirt!
no, it cant, but it can support my happiness :")
0:00
Before you start money can buy my freedom and i can make every thing i need
Like the new collared button-up shirts, Ali.
Thanks for sharing Ali. I guess in the long run, the dichotomy thingy may ring true where we can strive to earn more money but at the same time, be perfectly comfortable where we are in terms of the amount of money that we possess.
You have to control a lot of variables, such as age, health, education, physical appearance, cultural norms. For example, it's a lot harder to be happy when you're 87 years old with cancer, arthritis in a nation that does not value the lives of the elderly.
Nobody:
Everyone: *FiRsT*
stop this...u just want likes i mean cmon man this everrybody saying first thing is old
@@Aviraj come on no need for hate mann
@@Aviraj I couldn't care less about likes xD, I just thought it was funny. Obviously you didn't.
@@ibrahimnoon i get it everyone sorry
@@sajana_397 i get it sorry
My eyes feel blessed seeing Ali in these dope casual shirts recently 😭
Money doesn't buy happiness, but being poor buys nothing.
DUDE why did u delete your livestream with the ultraspeaking guys! I was really enjoying it
money can buy happiness. happiness can be found in bright colours, round shapes, cute items, and googly eyes! Joyful by Ingrid Lee is really good at explaining that.
You only need money to fulfill your basic needs like health, safety, food, and shelter. Than comes how people treat you and your achievements feeling that you influenced people this will probably make you wealthy and happy so we associate people's happiness with their bank accounts
There are things that can't be bought with money, however, for ME it does mean happiness, it would allow me to make my family happy, fulfill their dreams and mine, and for me, That's happiness
Could you maybe link the Nature article? Super fascinating topic and video! 😊
Money is important, and up to a certain point, more of it is better - but it cannot in and of itself provide happiness, because 1) Money is really just a tool that can be used to solve problems and provide options 2) Being poor is a miserable experience, so having more money removes the unpleasantness associated with poverty and makes life easier
"Having money isn't everything, not having it is"
money isnt everything, but not having it, is.
Hello Ali, I am 16 and I love watching your videos. I have learned a lot. I have a couple of questions related to investing. I have saved up around 350€, what would be the smartest way to invest it. I watched your video on stocks and Investing it in S&P 500 fund seems like a good decision. Is that enough money or should I wait until I have more. Also is now the right time to invest in the S&P 500 or should I wait until the stock drops a bit. Thank you for making me happier, healthier, and more productive.
The pursuit of happiness is also a fleeting pursuit. Once you think you gain "happiness/fulfillment/satisfaction" you will also realize you still feel empty.
That's where purpose comes in. From something beyond you and humans.
05:44 Yes, but for some countries this threshold is even lower. I live in Ukraine, the salary of a doctor who works 8-10 hours a day is $ 500 per month !! (in a state clinic). To earn at least $ 1000 per month, you need to work extra all weekend (in a private clinic). And this is not some isolated case, but a real situation throughout the country ..
Your uploads are the highlight of my week❤️
I want to start a discussion I want to see everyone’s opinions love or money ?
Money anyday
It’s important when you don’t have it and unimportant when you have more than enough of it.
I’m actually missing Ali in the t-shirt
A good video. I'm terrible with quotes and despite having first heard “Comparison is the thief of joy'' during a Jimmy Carr stand up routine, it is a saying which has which always stuck with me.
The theory on the satiation point is very interesting, however, I should imagine the needle moves every year in the UK due to inflation and stagnant wages.
Your shirt suits you well. Masha Allah ❤️
Great video- looking good and fab content :) Inspiring as ever Ali! Thank you 🙏
2:25 As an engineering student, all I see here is the stress strain diagram of a ductile material🤣
We all want what money can buy. Not money itself. So focus on good relationships, fulfillment, and clear and comfortable vision with an up-to-date prescription.
why read a book on happiness? beyond the opening your mind aspect, happiness is subjective and I don’t believe reading a book on the subject will help you...watching Ali is a much better choice :)
The theme of this video reminds me of the Blue Zones by Dan Buettner!
Thank You Ali, So Much For Making These Videos You Are The Only TH-cam Channell That Made Me Into A Better Person
Idk bout you but US$70k or roughly equates to RM280k (Malaysia) simply a figure you can't earn being a salaryman which begs the question shouldn't you be starting a business societal obligation is not a factor. PS: median salary is dirt cheap
0:24 - shocked, in a good way 🥺
Didn't realize how much I missed Casey until I saw this
Remember family, memories etc are no.1 priority then your career and money
Hey. How can we watch those videos of yours which you included in this one? The clip where you were speaking to John O'Nolan? Is that from a different show of yours. Just wanna know, since I am a new subscriber from India. Thank you so much for giving us all the knowledge and information.
I rather be depressed and sleeping on a nice bed than be depressed in a Cardboard is have how life is cause everyone as a different optimal happiness with money
I think you should go for the black colour anne keyboard or the old apple keyboard with a different shade of mx master and an extended desk pad