Advertisements
9. Money buys safeguards against the unexpected.
Michelle Schroeder-Gardner knows a thing or two about making money. She was able to pay off nearly $40,000 in student-loan debt in just seven months by working side jobs in addition to a full-time job and creating the blog Making Sense of Cents. Now she’s entirely self-employed and pulling in more than $20,000 a month through her online endeavors.
Schroeder-Gardner said that money has brought her happiness because, by managing it well, she’s been able to safeguard herself against the stress of unexpected expenses. “I am saving more money than ever and have been able to build my retirement and emergency funds,” she said.
10. Money allows you to help friends in need.
You never know what could come up.Flickr / David McSpadden
William Charles of Doctor of Credit has found that money makes him happy when he can use it to make others happy.
“It’s an amazing feeling to be able to help somebody you deeply care about when they are in relatively small financial trouble that is causing them great stress,” he said.
Charles once helped a friend pay off credit card debt — and the friend paid him back over time.
“It meant the world to him and it was a relatively small monetary gesture from me,” Charles said.
Advertisements