Juniors Morgan Chairs and Chloe Ellison pose back to back (Credit to Justin Brewer)
Juniors Morgan Chairs and Chloe Ellison pose back to back

Credit to Justin Brewer

Friday Face-Off: Does Money Buy Happiness?

Published: February 11, 2022

From both the criticism of the rich and the poor, money has long been a topic of discussion and hardship in our society. The long-discussed philosophical question “Does money buy happiness?”, has brought out many debates and there are a lot of long, thought out answers to this question but today we’re splitting it down the middle into yes or no.

 

Yes

Having money makes one satisfied, and can make someone happy. While it may be a fault in our country, you have to have at least a decent amount of money to live and be able to do what you want. Studies show that the majority of people that make at least $75,000 are happier than those who make less. 

Money can buy materialistic things, and while that doesn’t make everyone happy, it certainly makes the majority of people happy. Having possessions that allow you to live to the fullest extent possible is inherently better than not having anything to help one live. Money can buy these things and consequently lead one to live a happier life. While having enough money to buy necessities is equated to happiness, you can live a happy life without going above and beyond by buying extravagant things.

Money does not only buy happiness in the extent of materialistic things, it can also buy happiness in the realm of life experiences. By having enough money you can go on trips and spend time with people you love. Now you can still do this without money, but having enough money to spend freely can increase your happiness and the people you care about happiness. Having money can also help others, if one donates said money then you can make other people have a better life as well.

“Money can buy some types of happiness, it can’t buy love from people but it can buy other things like memories and things that make you happy,” junior Katie Miller said.

 

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No

Having money doesn’t necessarily buy happiness. It can buy frivolous things but not happiness. You don’t need to be rich to live life. As long as you pay for the essentials you should be ok. While yes some studies show that people with more money are happier than people with less money, you have to question whether or not it’s the money that’s making them. 

There is a valid argument that money buys materialistic things and those things make people happy, and while that can be true that happiness tends to be temporary. After spending money on these materialistic things we are usually filled with happiness and joy but, eventually, it all goes away. When this temporary happiness fades away people sometimes like to chase it by buying more things which can lead to feelings of guilt and stress or sometimes those feelings just automatically take the place of once was happiness. Just look at the people who spend so much money on houses and cars and eventually go bankrupt or have to sell their stuff because they couldn’t afford the upkeep or responsibilities of those items.

Experiences can easily be made without money and the most influential and genuine experiences don’t have price tags. Most people when reminiscing about past experiences don’t remember or care about the price of the memory they remember and care about the people they share the memory with. In addition to that, excessive money tends to lead to fake friends so while money can allow you to have extravagant experiences with loved ones you run the risk of being taken advantage of by others and building relationships based on the number in your bank account.

“Money doesn’t buy happiness,” senior Maya Helbig said. “Things you buy may bring happiness, but in the end, it’s more of the memories you make with people and things you care about.”

 

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