June 28, 2010, 4:01 am

Being Happy is Priceless But There Is A Price To Pay For Happiness

by: The Financial Blogger    Category: Miscellaneous,Personal Finance
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Some people will definitely argue with me, but I think that money plays a big part in one’s quest for happiness. Most of you will probably agree with the fact that:

#1 being happy is priceless

#2 there is a price to pay for happiness
First things first, if you don’t wake up in the morning with the smile on your face, you won’t be happy regardless if you are rich or not. Happiness is a state of mind, something you cannot buy.

However, once you have the state of mind incrusted in your brain, you must be ready to pay the price to keep it. Actually, happiness is something that is renewed daily. It’s not something you can buy for a month like a bus pass, it takes effort every single day of your life to be happy.

When I am talking about the price to pay, I am not necessarily talking about cash. I am talking more about all the time and effort you have to sacrifice to keep this peace in your heart. Sometimes it requires money, sometimes; it just requires a smile.

Working hard to live a comfortable life

Most statistics show that money is the root of most disputes among couples, friends and family. Therefore, if you can find enough money to live comfortably, you will avoid a lot of stress and negative energy.

I recently paid off my parent’s loan and I must say that it was quite a relief. Owing money to relatives is not a pleasant thing and I would never do it again. It had caused an unnecessary stress in my life and I feel much better now that I have paid back my debt.

Working hard, but achieving balance

Some people work like crazy, I know it because I was once part of that crowd. I used to wake up early, work, work, work and return home around 8pm. Since it wasn’t enough, I had registered in an MBA program.

This was a bit ridiculous when I look back at the number of hours I worked during this time (while abandoning my wife). But I realized soon enough that working and making money was only a piece of the puzzle. Reaching the balance between having a life (i.e. spending quality time with the ones you love) and making money is the real deal.

I now concentrate on making more money by working less. And let me tell you, this is quite a challenge ;-). However, by becoming more productive, creating a sideline and working really hard when you are supposed to work (without having to work more hours) will lead you to this balance.

In the end, this is what I call “the price to pay for being happy”: it is the time and effort, the decisions you make to improve your life over the long term while sacrificing short term aspects. Over the past 8 years, I know that is why I have been working so hard and why today I enjoy what I have built.

So Where are you?

Are you in a working stage of your life? Or are you able to reach a balance where you can enjoy life without lacking money?


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Comments

I am certainly in the working stage of my life. I may be where you were 8 years ago or more. Working at the regular job and often putting in extra hours (without extra pay!) and getting home to my wife later than I should. I have a little side job on the go too that needs more attention. I need to start thinking about what you said regarding making more money while working less.

Good Post!

by: The Financial Blogger | June 28th, 2010 (11:10 am)

@JP,

I know how it tricky to slowly getting into more work and less free time for the sake of “offering a good lifestyle quality to our family”.

As long as you can determine a plan where you know when you will start working less and maintain your lifestyle, you will be good. if not, you will head directly into a burnout 🙁

Would you consider that working harder in your 10 first years out of school is a good way to work less hard in the next 40? I think that those initial years either in a career or in a business are the stepping stone. If you don’t step high enough to start with, you will have trouble reaching the higher levels without the momentum…

Isn’t spending 2 more hours per day in your car a negative then? It would take away time with your family the same way that someone working 2 more hours every day would no?

I am still in the working stage of my life, but I am shifting my focus toward getting out of the rat race, because there is so much more to this world and life than working in a cubicle. I agree that money is one of the main keys to achieving this, via reducing expenses and building up side income!

by: The Financial Blogger | June 28th, 2010 (12:57 pm)

@IS
I think that the time you put in your career/business will produce the same way the compound interest is beneficial for your investments ;-). The younger you start, the better you are.

@BMSP
Before I moved, I was taking 1hour to go to work (and 1 hour going back)so I have just increase it by 40 minutes overal.

In fact, I cut on my sleep (once again) so it doesn’t affect the time I spend with my family. on top of that, we are living in a much better place.

Eventually, I could decide to switch for a closer branch but I have awesome work conditions right now…

I feel like I am in the working stage of life. But I find that I am enjoying life quite a bit where I am at. However, I would like to be able to travel and work.