How to Be Happy With the Money You Have

Money will make you happy — but more money doesn’t equal more happy

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Ever wondered why billionaires don’t seem 1000x happier than millionaires? If you believe money doesn’t make you happy, this won’t surprise you at all, of course. But studies show that money does make you happy — it’s just that more money doesn’t always translate to more happy.

Whether you have an ultra-high net worth, or a relatively low one, it’s worth learning to be happy with what you have.

Here’s how.

Minimise money stress

Anyone who says “more money, more problems” can seem to be mocking you if you’re struggling to get by. But it’s true that you can have a lot of money and a lot of stress or a little money and relatively low stress.

Your stress around money can be more linked to things like your debt to income ratio, your monthly expenses, your income security and your personal values, rather than your actual income or net worth. A significant amount of high income households still live pay check to pay check while some low income households are living happily below their means.

You can minimise stress by improving your financial literacy and learning to manage what money you do have well…