how the money changes your life?
Money allows us to meet our basic needs—to buy food and shelter
and pay for healthcare. Meeting these needs is essential, and if
we don't have enough money to do so, our personal wellbeing and
the wellbeing of the community as a whole suffers greatly.
We all have a responsibility
to work towards a society where everyone has access to adequate
food, shelter, and healthcare. Where we are all safe.
Money provides security and control
Having enough money also provides a sense of security
, one that is often missing when people worry about
unforeseen medical expenses or losing their job.
A 2017 study found that almost 50% of Americans worry
about their financial situation, and it impacts their mental health,
relationships, diet, even their work performance. There is no denying that having enough money to cover expenses and put some aside is important for our wellbeing.
Moreover, as Tom Rath suggests in his book, Wellbeing,
"money can increase our short-term happiness by giving us
more control over how we spend our time." For example, it
can give us the option to live closer to work, work fewer
hours, and spend more time on leisure activities with family and
friends. Money can be used to make our lives easier.