Money can buy Happiness
In a recent group chat with a few ex students, the topic of money came up again. The question was, Does Money give us happiness? The obvious answer is yes, but we went on to discuss deeper. Why does money give us happiness? 1. Spending money can boost our mood. Researches have shown that buying experiences and gadgets increases the dopamine level and hence gives us happiness. However, this dopamine level increases only when we are buying it, but quickly lowers after the purchase. So the happiness from the purchase may not last long , especially if we regret the purchase. 2. At one National Day Rally, either Mr Goh Chok Tong or Mr Lee Hsien Loong (can't remember which PM as it was quite some time back) said something like this: "... we work hard, so that we can have more options in life ." When we have more money, we can choose between hawker centre, expensive restaurants, or home delivery for our meals. This gives us the satisfaction and ...