208: Money CAN Buy Happiness

“The way you make your money will affect how happy it makes you.” – James Swanwick

(click to tweet)

The old saying, “money can’t buy happiness” is ingrained in our society on a deep level. The idea of the rich businessman who pursues money at the cost of all else including relationships and family, and ends up old with lots of money and no fulfillment in life is a common story, frequently passed on.

Today I’m tackling the questions, “Can money buy happiness?” And I think my answer may surprise you.

Yes! But the important differentiator between if more money makes you happier or not is how you earned it. If you have created a product or service that you really believe in, and you know is helping people, more money means more sales, which means that more of your product/service is getting into the hands of those who need it, which means your happiness levels increase as you do more good.

So the age-old saying, “money can’t buy happiness,” is actually false! Provided your increase in money comes in a way that you feel good about and really believe in, more money can indeed equal more happiness. In this episode I am talking about all of that, as well as how it relates to my current business situation as Swannies have started to sell very well, so listen up to get a deeper look at all of that!

“When you believe in your product or service, the more you sell, the better you feel about yourself.” – James Swanwick

(click to tweet)

Key Takeaways

  • The way you make your money will affect how happy it makes you
  • Financial goals help you keep track of where you are and where you want to go, and reaching those goals is very satisfying as a way to show where you are and where you’ve come from
  • When you believe in your product or service, the more you sell, the better you feel about yourself
  • The more good your product or service does in the world, the better you feel as you level up and sell more and more, creating more income as well as happiness in you life
  • The difference between making money with a product you believe in and one you don’t is huge
  • Having the ability to make money and knowing that you have that ability will give you additional confidence
  • Finances are one very tangible way of measuring progress, and good progress brings a lot of happiness
  • But always be careful to avoid the “hedonic treadmill” of spending more as you earn more

Resources

SwanwickSleep.com (Swannies Glasses)

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