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Hull Financial Planning Personal Finance FAQ Series: Is Happiness the Inevitable Result of Having Money?

Will more money make you happier? If you don’t have a lot of money, you probably imagine that having more will make you happier. Is it an inevitable outcome?

Take a look at the video below and find out what I think.

Is Happiness the Inevitable Result of Having Money?

The transcript follows.

A lot of people who don’t have money think that having money will solve all of their problems. While having money is almost always better than not having money, it’s not the panacea that people make it out to be. Having money won’t find you love. It won’t find you meaning in your life. It won’t make meaningful friendships. It won’t define your inner core values. What it will do is relieve stress and allow you to focus on the things which truly are important to you, family, friends, goals in life, and your values. If you’re looking for money to truly make you happy, then you’re going to be disappointed when you find that you have money but still don’t have happiness.

Related posts:
What Are Your Priorities in Life?
Future Happiness is Not Inevitable

By

Jason Hull, CFP®, was the co-founder of Broadtree Partners, a firm that acquires $1-5MM EBITDA companies. He also was the co-founder of open source search consultancy OpenSource Connections, a premier Solr and ElasticSearch firm. He and his wife FIREd (financial independence retire early) at 46 and 45, respectively. He has a BS from the United States Military Academy at West Point and a MBA from the University of Virginia Darden Graduate School of Business.

You can read more about him in the About Page.

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