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5. Money helps eliminate financial stress.
Nick Loper is the creator of Side Hustle Nation, a site that showcases his successes and failures with side businesses as well as lessons from other entrepreneurs. He has found that money can buy happiness in more than one way.
“The first is the obvious: material comforts, food, shelter, entertainment, travel, etc. But the second way is maybe even more important, and that’s the mental anguish it helps dissolve,” Loper said. “If you have a healthy savings cushion, you live with far less financial anxiety than someone living paycheck to paycheck, because you know you can weather a job loss, a trip to the ER, or unforeseen car repairs.”
6. Money offers stability.
Alexis Schroeder chronicles her journey to a happy, healthy lifestyle on FITnancials. As someone who has provided for herself since the age of 16, Schroeder knows first-hand how money can bring happiness.
“Money brings me stability and secureness,” she said. “I’m able to take care of myself financially without relying on anyone else to keep me secure.”
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