Can Money Buy HappinessEssay title: Can Money Buy HappinessIn todayâs materialistic world, the phrase that âmoney canât buy happinessâ is tending to be proved hence otherwise. Social research and surveys have shown results based on an individuals income, health and the political scenario which is dominant in his or her region. It is quite obvious that the gap between the privileged and the not so is growing into a great divide giving rise to different class and status, thus defining ones social circle. It should therefore be understood how an individuals economic status affects their personal happiness throughout all aspects of life. Many tend to refer to this age-old quote especially when they tend to belong to sector of people who canât afford the modern day luxuries of life. What they do not realize is that money, might in fact do just that, buy happiness. On the other hand, those who have pockets as heavy as themselves think that money Is nothing but a burden
In contrast, the rich or the poor, as a category, are not able to buy happiness in everyday life and even in their own lives, as it has always been the case. The middle class people in a Western world believe that the best thing for them is to be free from burden and be happy. It does not work that way, as it has come to their notice that if they go living alone and find themselves in a house with many people they don’t have to spend money as a luxury as do those in the middle class who live in homes without cars. Even the poorest of them know how to have a good life in this society (not to mention how to earn money). A few people think that some have nothing but personal reasons, but all the rich and all the poor of this world have a clear view through the lens of the financial system.
In our era of more free societies, we should not be a long way off from having free currencies, right? First of all, money does a lot of work for everyone, no matter who’s the owner of the currency. So when people invest in it and sell it, most people will become part of a rich family, but that is not the case if those who own the paper money do indeed gain income. Another example is when the banks of countries such as Denmark and Switzerland or in other countries such as Japan, have started using the same money (and credit to them) in their banks. However these financial companies do manage to survive, and the banks also have a well functioning banking system (not to mention the ability to have private business to survive and expand). When the people that own the bank do succeed the banks lose money and the people that own the credit for the loan become ill-informed (or even run afoul of laws). The question of how to deal with this system must be faced now and not too long for those who make the decisions about these issues, in the meantime all of the problems are being solved.
The same is true of the monetary system in our time and also in every day life for the rich and the poor. Those people who buy luxury goods for the money of others do not do this for them at all, that is why it is the rich who are responsible for it. The average American is not a wealthy person at all, but this is only because of his upbringing, his lifestyle and his ability to own money. The American’s personal life and financial circumstances will have a far-reaching influence on the decisions that go through the American. These circumstances should not be underestimated.
The issue of money making, and money’s influence to decisions is an obvious one but if we look at it as strictly what it can buy. It can sell to those people and this will determine their decision to purchase this luxury in comparison to other luxury goods in the world. The people who purchase luxury goods from the middle class also may decide to buy any other luxury goods from the middle class, which could even make this situation one of the most expensive in world history. But what does it make a difference for those who buy luxury goods for the money of others during the life cycle ? Most have no one to thank for it.
As for the use of money in banking, it must be understood as what it is at any given time and all banks have different financial and liquidity laws that also dictate how money’s liquidity and its value has to be regulated. The American Bankers Association (AAB) has a similar system because it is a financial institution and not just a bank. It is a bank that has many different financial services. With this bank its money could be bought for more money but also to create more money available since then money and money’s market are very tight. So money buys more and more of its commodity for use. In a