Riches and Eternal Joy: Possibility of Buy Happiness

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Words: 802 |

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5 min read

Published: Apr 4, 2022

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Words: 802|Page: 1|5 min read

Published: Apr 4, 2022

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Hold on, think to yourself for a second about this question “Can Money Buy Happiness”? You’d say “oh that’s obvious I’d just give you some money and you some money and now we’re best friends”! Not exactly, just give me a moment of your time and I’ll give you a better understanding of this question. Happiness is a hard word to define. Everyone has different viewpoints on happiness from their own past actions. People would say money can buy you happiness because with that money you’d be able to afford those shoes you want or the trip you’ve been dying to take. Some say money gives you strength, power, clout, and all other abilities, while on the other hand, some disagree. The purpose of this essay is to solve the big question, “Does Money Buy Happiness”?

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In my opinion, I do not believe money can buy external joy in our life. Money is a basic need in our lives to purchase our everyday necessitates. Having tons of money could be used to purchase fancy and expensive goods like brand names but the satisfaction would only be limited. Besides, money cannot buy you emotions of love or joy. Money is needed for everyone, but it can’t buy everything like a past loved one, or general knowledge.

The way I like to believe is, happiness is not determined by how many commas in your bank account, it is who we are lucky enough to have in our life, and what we can leave them with. Money can’t buy you happiness even though it is thought to be one of the most powerful things in the world because everyone aspires money, but yet money can’t even buy us life-long closeness with a friend, or even a caring family.

When you have an honest relationship with your friends, they’ll be there for you, and stand by your side no matter what happens, unlike though if you chose to buy your friends I can guarantee they’ll leave you as soon you lose your expensive goods. Last year in July the Huffington Post did a study answering this question and they found, people with more money tend to be better respected than those with less. However, I don’t believe you need money in order to be well respected. Also, the Founder of Microsoft, Bill Gates said “when you have money in your hand, you forget who you are. But when you don’t have money, everyone forgets who you are”.

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In conclusion, I strongly believe that money can’t buy happiness and bring eternal joy into our life because purchasing goods will only result in a limited amount of satisfaction, it cannot buy you the emotions or a past loved one and it also cannot purchase everything in the world to make your life easier. If you don’t, believe me, I would like for you to go out and attempt to purchase stuff such as general knowledge, time, peace, or health. It is true money can make your life easier money, for example, you can buy a fancy car to get you to places faster but an average car will achieve the same thing, the only objective is, it may not be as pretty or fast but don’t worry it’ll still achieve its ultimate goal and get you to your destination. Happiness cannot be bought by money because life’s most valuable gifts cannot be bought with money, they have to be earned such as friendship and love.

Works Cited

  1. Aknin, L. B., Dunn, E. W., & Norton, M. I. (2009). Money doesn't buy happiness: A reexamination with new evidence. Social Psychological and Personality Science, 1(3), 90-95.
  2. Diener, E., & Biswas-Diener, R. (2002). Will money increase subjective well-being? A literature review and guide to needed research. Social Indicators Research, 57(2), 119-169.
  3. Diener, E., Ng, W., Harter, J., & Arora, R. (2010). Wealth and happiness across the world: Material prosperity predicts life evaluation, whereas psychosocial prosperity predicts positive feeling. Journal of Personality and Social Psychology, 99(1), 52-61.
  4. Dunn, E. W., Gilbert, D. T., & Wilson, T. D. (2011). If money doesn't make you happy, then you probably aren't spending it right. Journal of Consumer Psychology, 21(2), 115-125.
  5. Graham, C. (2011). Adaptation amidst prosperity and adversity: Insights from happiness studies from around the world. In J. Helliwell, R. Layard, & J. Sachs (Eds.), World happiness report (pp. 36-60). Earth Institute, Columbia University.
  6. Layard, R. (2005). Happiness: Lessons from a new science. Penguin UK.
  7. Lyubomirsky, S., Sheldon, K. M., & Schkade, D. (2005). Pursuing happiness: The architecture of sustainable change. Review of General Psychology, 9(2), 111-131.
  8. Ng, W., Diener, E., Aurora, R., Harter, J., & Arora, R. (2009). Affluence and subjective well-being: Evidence from 54 countries. Journal of Happiness Studies, 10(4), 447-463.
  9. Vohs, K. D., Mead, N. L., & Goode, M. R. (2006). The psychological consequences of money. Science, 314(5802), 1154-1156.
  10. Xu, J., Wei, L., & Liu, Q. (2018). Can money buy happiness? Evidence from a meta-analysis of studies using the Satisfaction with Life Scale. Journal of Economic Psychology, 68, 1-9.
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Riches And Eternal Joy: Possibility of Buy Happiness. (2022, April 04). GradesFixer. Retrieved June 20, 2024, from
“Riches And Eternal Joy: Possibility of Buy Happiness.” GradesFixer, 04 Apr. 2022,
Riches And Eternal Joy: Possibility of Buy Happiness. [online]. Available at: <> [Accessed 20 Jun. 2024].
Riches And Eternal Joy: Possibility of Buy Happiness [Internet]. GradesFixer. 2022 Apr 04 [cited 2024 Jun 20]. Available from:
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