“Money isn’t everything”, says anyone who has enough of it. For the rest of us, money sometimes is everything. When you don’t have enough money to meet your basic needs, it becomes very important and a dividing line between being happy and being miserable. Even when you earn enough to cover your rent, utilities, groceries, car payments, and other necessities, not having the cash to spend on extras means you’re not living life to the fullest.
So is money the key to happiness? It’s not a simple answer of yes or no. If you don’t have money, you really can’t be happy. On the other hand, being wealthy is not enough to guarantee you’ll be happy. You could argue the point all day, but the bottom line is that you give yourself and your family a better shot at happiness when you are smart about money. Whether that means taking a loan out to make ends meet or getting occasional title loans or setting smart money goals, here’s how you can make money work for you and prevent it from locking you out of a happy life.
Make Enough Money to Be Happy
If you’re always scrambling for money, looking for fast cash loans to pay the bills or taking a loan out just to pay the rent, you could stand to earn a bigger income. Having enough money can make you happy, but there is a limit. Research has shown that people who earn more money are generally happier, up to a point. Having enough money to meet your needs and to open up a few opportunities, such as for travel or engaging in hobbies, will make you happy, but having more than you need won’t. Figure out how much money you need to make to have enough, plus a little extra, and aim for that.
Work Hard to Earn, but Take Time off Too
It’s important to have enough money to make you happy, but focusing solely on earning can make you pretty miserable. It can make your family miserable too if you’re never around to spend time with them. Do what it takes to earn the money you need to be comfortable, but if your job is running your life and taking up all your time, you may need to evaluate your situation. You may be able to find a new job that pays the same or more and gives you more time off, or maybe you are in a good position to ask for a raise at your current job if you’ve been putting in the hours. Just remember to strike a balance between working to earn and being able to enjoy the fruits of your labor.
Don’t Let Money Problems Get You Down
This may be easier said than done, but when you have a financial hardship or an emergency expense remember that you have options and that you can get through it. These tough times don’t have to bring you down for good. For instance, if your spouse gets laid off and you lose an income you may struggle to pay the bills for a few weeks until a new job comes along. You have choices for filling in that financial gap, including fast cash loans or taking a loan out based on your paycheck. These types of financing are designed just for such situations and to tide you over until you can get back up to speed.
There is no doubt that having money in savings can make you happy. Imagine you are stuck in that situation in which you or your spouse has been laid off. You’ll be much happier and better able to cope with the lost income if you have savings set aside. It’s a safety net and it will make you feel more comfortable and safer, which gives you the freedom to be happier. If you have debt, make a plan to start paying it off regularly. Budget your expenses so that you are able to set aside at least a little bit of every paycheck for paying off debt and for starting a savings account. It may hurt at first to be strict with your spending, but once you have those savings in place, you’ll feel much better and you can start to enjoy your money again.
Don’t let money be the lock on your happiness. It should be the key. If you are smart about money, set important goals, take advantage of financing sources like cash loans, and strike a balance between working and living, you’ll find that money is something that can make you happier.