Use Money to buy happiness

Nov 29, 2012 - Dr Rekha Shetty

You get by giving, say the ancient texts. You can get happiness by giving, echoes the latest research. “Love of money is the root of all evil,” says the holy book.

But research shows that money can buy happiness if you use it with love. You can buy happiness by spending your money using these seven principles:
1. Spend on experiences instead of things; holidays instead of jewels; movies instead of curios.
2. Spend on everyday pleasures instead of saving till you are blue in the face to buy the one huge dream house. Do not ignore the roses and the chocolates. Drink that great cup of coffee and wear great clothes.
3. Don’t spend a lot on long-term warranties.
4. Pay now and consume later. Anticipation helps you enjoy the pleasure twice. Waiting for a time share holiday, planning your monthly movie or weekend getaway, adds to the joy.
5. Look into details before making big investments. A house on the beach sounds good on paper but when you have to drive there, pay for the security and the caretaker and drive through the terrible traffic jams, you should re-think.
6. Avoid comparison shopping and keeping up with the Joneses.
7. Spend on others to be happier.
So, pursue money with zest and commitment. Earn it with excellence in your work and using fair practices. Let your dharma be your guide in the earning of money. Earn it in a way that causes least pain to other living creatures. Then, spend it to make yourself and others happy. Double your returns: happiness when you earn it and happiness when you spend it!

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