Three Simple Truths To Finding Financial Happiness

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This presentation discusses why it's important to find financial happiness, how to be happy with your financial situation, what is good money management, how to achieve personal fulfillment and more

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Three Simple Truths To Finding Financial Happiness

  1. 1. Helpful Financial Information from National Debt Relief … Three Simple Truths To Finding Financial Happiness What does financial happiness mean? Happiness is the key to living a full life. Everything about us is all about striving for this emotion. The things usually influence our every decision and events that we know will make us happy. But how does this relate to our finances? (Continued) Brought To You By:
  2. 2. Helpful Financial Information from National Debt Relief … In this day and age, our finances are one of the measurements of our success. There are so many things in life that can be affected by our financial condition. When we have debt problems, we want to achieve debt relief to live a happier life. When we don’t have enough money to finance all of our expenses, we feel stressed. Our pursuit for more money is because we want to be happy with our financial situation. Why finding happiness in your personal finances is important Here are some of the reasons why we encourage you to seek out financial happiness. • Money is a measurement of your success. Like it or not, we live in a materialistic world that is ruled by consumerism. We need to have a certain number of possessions to achieve happiness. • Money gives us confidence. There is something about being wealthy that makes us feel confident- especially when we know that we worked hard for it. • Money removes the stress from our lives. A benefit of being confident is it relieves stress over money. We know that we will not fall short in financing our needs and that is important in finding happiness. • Money helps us control the future. As a tool, your money allows us to pursue life goals like a comfortable retirement, proper education and decent living conditions. It is important to know that financial happiness is actually a state of mind. When you perceive money as a tool that can allow you to reach life goals, then you will know just what it takes to be happy about it. Don’t let money dictate how you should be happy. Instead, use it to drive yourself towards the things that you know will make you happy. Remember that you become happy based on the parameters that you have set in your mind. The truth is, money can buy you happiness but only at a certain extent. An ABC News article mentions that people are made happy by money but only until they are able to provide for their basic needs. But beyond that, any money that you earn will not have a significant contribution to your happiness. In the same way, AARP showed in an infographic that while income matters, it will not guarantee happiness. It is only a resource that you use but when you apply it to the wrong areas in your life, it will not create the happiness you seek.
  3. 3. Helpful Financial Information from National Debt Relief … Although money is evidently not the end all and be all of your life’s happiness, you need to recognize that financial happiness is connected to it. You have to remember that you need to achieve a certain level of finances to be happy. And when you do, that is when you can use money to give your life more joy and contentment. How to be happy with your financial situation Being happy with your personal finances is easier than you think. Some people have all the signs of this happiness but they are unable to feel it because they are looking at the wrong things. There are certain qualities that we focus on because we think that it will bring us happiness when in fact, these are not the causes of our distress. Here are the three truths that you need to know to feel financial happiness. It’s not about the debt. It’s about money management. We all look at debt in a very bad way and we have enough reason to do so. With the debt devastation that we felt during the recession, it is enough for us to want to fear this financial situation. But here’s the truth: debt is not the problem. There are people who are in debt but are perfectly happy with their finances. You know why? Because they know how to manage them. When you realize this truth, you will not be afraid to use debt to grow your finances to greater heights. You can have loads of debt but if you know money management, you will find happiness regardless of how much you owe. An infographic released by AARP.org revealed that people who feel that they are in control are bound to be two and one-half times happier. According to the infographic, this control is usually linked to having a high income, education, a healthy life and the absence of a major life event. The last one probably refers to a negative event in a person’s life. When you practice money management, that is one way for you to maintain control over your finances. Even if you put yourself into debt, if you know how to manage your money, you can keep that debt from ruining your life and destroying your financial happiness. It’s not about earning more. It’s about personal fulfillment. We’ve mentioned previously that having a higher income can help make you happy about your finances but you need to realize that it is not the amount. It is the control that it gives you over your money. That being said, you should know that your
  4. 4. Helpful Financial Information from National Debt Relief … happiness is not entirely reliant on how much you take home every month. It is more about how you feel fulfilled about your work in general. Notice how some people have so much money but are not really content? They work day and night trying to increase their income but still go home unhappy. This is because they are focused on money - and not how they earned it. An article published on ABCNews.com last March revealed that when you find meaning in your daily work, it makes you happy. When you know that your work has a purpose, you will feel more satisfied with your money - regardless of how much you are earning it. That satisfaction breeds financial happiness. It’s not about your net worth. It’s about security. Lastly, we need to break free of our obsession with growing our net worth. It is true that being rich is a good thing but it is not a prerequisite to happiness. You have to realize that we need to be secure to make happiness more of a reality in our lives. When you are focused on increasing your net worth, you sometimes obsess about the wrong things. You monitor the money and you tend to wear yourself out trying to reach a higher level of personal wealth. That pursuit can be tiring. What you have to concentrate on instead is to build up your financial security. This includes building up your emergency fund and making sure that your future (e.g. retirement) is taken care of financially. An article published in DailyFinance.com discussed the different emotional traps that make a lot of Americans miserable. Guess what is the first trap? It’s uncertainty. Being uncertain gives you a feeling of helplessness that is a contradiction with the control that fuels your financial happiness. When people are uncertain, the stress level goes up and we all know what happens when stress enters the picture. You need to deal with this uncertainty by strengthening your financial security. That is how you increase your happiness meter.
  5. 5. Helpful Financial Information from National Debt Relief … Does this sound familiar? • You are tired of worrying about money… • You are losing sleep due to mounting credit card debt… • You are fighting with your partner about the bills… • You are living paycheck to paycheck… • You are falling behind on your debts… • You are losing hope… • It’s time to talk with National Debt Relief! Call Toll Free 1-888-703-4948 Now! Or Go To http://NationalDebtRelief.com

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