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Apr 16, 2022 · Money is important, but why? Learn 15 reasons why we need money, the problems it can solve and create, and how much you need to live the life you want.
Sep 14, 2020 · Money can make us happier, but only if we spend it wisely and balance it with time. Learn how to prioritize your spending, invest in experiences and others, and avoid overspending on non-essential items.
May 17, 2021 · The reason money is so important is that it provides options for you to live a better life that you choose and puts you in control. Having money and being comfortable with finances also gives you freedom and options to decide how you want to live and support the things you care most about in your life.
- Aristotle. In Aristotelian philosophy, virtue is the key requirement for a life well lived. But while his stoic contemporaries thought virtue alone would assure a good life, Aristotle knew that a few other things would be needed.
- Thoreau. (Illustration by Julia Suits.) Henry David Thoreau is famous for retreating to a cabin near Walden pound and writing a book about his experiment of living a simple, self-sufficient life in the wilderness.
- Epicurus. (Getty images/BigThink) Epicurus was a philosopher with some bold ideas on how to make people happy. He lived in the countryside in a large house with a dozen other people where they all lived communally.
- Nietzsche. (Getty Images) Nietzsche was one of the prominent members of the chronically asking for money club. His books didn’t sell well at all, and he never had much money during his productive years.
- More money, less empathy? Several studies have shown that wealth may be at odds with empathy and compassion. Research published in the journal Psychological Science found that people of lower economic status were better at reading others’ facial expressions—an important marker of empathy—than wealthier people.
- Wealth can cloud moral judgment. It is no surprise in this post-2008 world to learn that wealth may cause a sense of moral entitlement. A UC Berkeley study found that in San Francisco—where the law requires that cars stop at crosswalks for pedestrians to pass—drivers of luxury cars were four times less likely than those in less expensive vehicles to stop and allow pedestrians the right of way.
- Wealth has been linked with addiction. While money itself doesn’t cause addiction or substance abuse, wealth has been linked with a higher susceptibility to addiction problems.
- Money itself can become addictive. The pursuit of wealth itself can also become a compulsive behavior. As psychologist Dr. Tian Dayton explained, a compulsive need to acquire money is often considered part of a class of behaviors known as process addictions, or “behavioral addictions,” which are distinct from substance abuse.
May 17, 2011 · Money and the Meaning of Life. by. Bill Taylor. May 17, 2011. Post. Share. Save. Buy Copies. Everywhere you look, there’s compelling evidence that the single-minded pursuit of wealth often leads...
Nov 10, 2022 · The Role of Money in Well-being: Beyond Financial Wealth. Money Is Important But It Is Not Everything It When Comes to Well-Being. November 10, 2022 / in Social Engagement / Money is important but is it everything? Does money buy happiness? These questions come up frequently but what are the answers?
