Money makes many things topic

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Who is right? A lot of the research on this question is of remarkably low quality. But there have been some recent major studies in economics that allow us to make progress. In particular, we now finally have survey data from hundreds of thousands of people all around the world. The truth seems to lie in the middle: money does make you happy, but only a little. And this has many important implications about trade-offs you face in your life and career. This is what every economist, philosopher and psychologist who works on this topic expects to see. The interesting question is how fast that happens. It may be that at middle-class incomes extra money still makes you significantly happier. Or perhaps after that point extra income has no discernible impact at all. One way to figure this out is to ask lots of people all around the world how much they earn and how satisfied they are with their lives. In the 70s and 80s, it was widely thought by psychologists that after a certain point, there was no relationship between income and life satisfaction , at least in wealthier countries. The best study we could find is this one by famous economists Betsy Stevenson and Justin Wolfers.

It draws on polling data from hundreds of thousands of people in countries and found that people in richer countries reported being more satisfied with their lives than those in poorer countries, and that within a country, richer people also reported being more satisfied than those with lower incomes. As you can see, this survey found a clear straight-line relationship between income and happiness both within and between countries. The lines are straight rather than curved because each increment on the bottom of the axis indicates a doubling of income. Roughly, what this means is that if you double your income, you gain about half a point on a scale of 1 to 10 of life satisfaction.

Table of content

May 30, Topics in English Leave a comment. Money makes many things, Money is an important thing that can not be dispensed with. Most things in life are bought with money such as good education, health care and other things that can only be achieved by money. But as money is a blessing to his companions, it may also be a vengeance and a reason to bring unhappiness in life. Love of money is a natural thing in every human being. Every person seeks money and seeks to make money so that he can achieve his ambitions in life. Money preserves human dignity in many situations that may be exposed to life. Money provides a decent life for man.

Who runs Tracking Happiness?

Money is the most powerful medium to get things of our necessity, comfort and luxuries. It is by money that we buy our food, clothes and an abode. Without money, we cannot survive for a day. This is a fact of life. On the other side, it is also realized that money is not everything. It cannot buy many things. It is said that, by hiring the services of a person for performing a job, you can only buy his time in which he uses his knowledge and skill but you cannot buy his loyalty to you. His loyalty is a kind of donation or contribution to you.

It may arouse other people’s envy and it is difficult to say whether people surrounding you are your real friends or they just like your possessions and want to make use of them. Others say that teenagers are too young to deal with money and that their parents should just buy them what they need. Parents can suggest the child keeping a little book in their money box to record ins and outs. Personally, I believe that property is not the most important thing in our lives. They are convinced that money can make them powerful and independent. But in spite of all dangers and difficulties, many people are sure that money and happiness are synonyms. People who earn much money can afford luxury goods: expensive cars and fantastic mansions, precious stones and unique works of art. So if you want to succeed, you should be original in order to stand out from the crowd. Some people say that they would rather have low social status but earn much money. Most Moms and Dads think that pocket money helps the child learn to handle money sensibly. But life isn’t worth living without these things.

Money makes many things

But to my mind, a person money makes many things topic values only property is miserable because inanimate objects like cars, pictures or precious stones can’t make you happy. All Rights Reserved. Moneyy must admit that being a millionaire is always dangerous. It is also dangerous. A number of people believe that pocket money teaches teenagers to be responsible. To conclude, I think that possessing property is not a sin, but one should remember the proverb: «Money can’t buy happiness». Some people say that making money with the Internet is reality, while others think it is a myth. But life isn’t worth living without these things. We are used to consuming, selling, renting, mortgaging, transferring or exchanging our property. Money doesn’t buy happiness but it helps.

Summary of main points

Educational resources of the Internet — English. A number of people believe that pocket money teaches teenagers to be responsible. Others say that teenagers are too young to deal with money and that their parents should just buy them what they need.

Many parents wonder whether to give pocket money to their children and how much to. Most Moms and Dads think that pocket money helps the child learn to handle money sensibly. However, pocket money may become a battleground if not handled correctly from the very start.

Personally, I think that by giving pocket money parents help children learn to manage money while they are young. It also helps them make choices and feel that they are important members of the family.

Even a small amount can give a child the feeling of responsibility and independence. Parents can suggest the child keeping a little book in their money box to record ins and outs. This will help with their mathematics and will encourage them to save money. But in some families children are given what they ask for and do not get pocket money.

Some parents think that pocket money can cause a number of problems. For example, if children have a lot less than their friends they may feel depressed and may be tempted to steal. On the other hand, when they have much more it can cause envy and resentment amongst their friends.

Besides, I believe that parents should never give pocket money to their children as compensation for not spending enough time with them and as a reward for helping around the house. To conclude, I think it is up to parents to decide whether to give children pocket money or not. Anyway, parents should explain their sons and daughters that lots of money cannot buy love and happiness.

Some people think they can be happy only being rich, while others don’t care too much about money. It is rather difficult to imagine our lives without money. People consider money to be part and parcel of their everyday lives. They buy and sell different things, receive a fee, a pension or a subsidy, exchange currency and what not.

People’s attitude to money can be quite different: for some of them money is the most important thing in the world, while other people don’t care much about money. In my opinion, the life of rich people is not only luxurious. It is also dangerous. There are quite a lot of people who want to deceive the rich. Millionaires have to spend much money on security, but sometimes even such measures don’t help.

Rich people are often robbed, kidnapped and killed. Besides, they have to work much and that is why they spend very little time with their families and they often feel stressed. But in spite of all dangers and difficulties, many people are sure that money and happiness are synonyms. They believe that money can make them powerful and independent.

They dream of expensive cars and luxurious mansions. Some people think that we live in the world where almost everything can be bought and sold.

They even make friends and marry for money. To my mind, money becomes a kind of addiction for such people. To sum up, money is very useful as a medium of exchange, a unit of account and a store of value. But it becomes «the root of all evil» when it makes people take bribes, betray their partners or commit crimes. I think that «money is a good servant but a bad master.

A lot of people say that it is very important for everybody to own property. However, others are not so sure that property can make our lives better. Everyone has some possessions. People own cars, buildings, land, money, bonds, stocks and so on. We are used to consuming, selling, renting, mortgaging, transferring or exchanging our property. But sometimes people attach too much importance to their possessions.

Personally, I believe that property is not the most important thing in our lives. It may arouse other people’s envy and it is difficult to say whether people surrounding you are your real friends or they just like your possessions and want to make use of.

I strongly feel that having friends, parents, relatives, spouses and children who love and understand you is better than possessing money, houses or securities. However, there are people whose desire to own things predominates over all other feelings. They often become «slaves of property». They usually try to make a commercial use of everything and the main aim of their lives is accumulation of their capital. They sometimes buy beautiful pictures and sculptures not because they admire works of art or drive inspiration from them, but because it is a way of investing money.

But to my mind, a person who values only property is miserable because inanimate objects like cars, pictures or precious stones can’t make you happy. To conclude, I think that possessing property is not a sin, but one should remember the proverb: «Money can’t buy happiness».

Some people say that making money with the Internet is reality, while others think it is a myth. The Internet is not only a source of information and entertainment for many people. It can also help them make money from home. At the same time the Internet business may be hard to break. To my mind, the Internet gives people a great number of opportunities to make money. Some of them earn money building websites for different companies, organizations or businessmen. Many people use websites to sell different goods or services.

Thanks to the Internet, e-learning industry which is estimated to be worth billions of dollars has developed. People also earn money by sending spam, creating computer viruses, putting advertisements on a web page and so on.

However, those who believe that the Internet can help them make millions in a few days may be disappointed. Even hard work does not always result in success. People usually have to invest some money to develop their online business. What is more, there is usually great competition on the Internet when thousands of other people are trying to sell similar goods or services. So if you want to succeed, you should be original in order to stand out from the crowd.

To sum up, the Internet may motivate people to earn money. I strongly feel that if you are not afraid of difficulties, if you are hard-working, energetic and persistent, the Internet business will help you become richer. Some people say that high social status is very important for everybody. Others are convinced that it is better to have a high income.

In modern societies, a person’s social status depends on many factors including their income, education, occupation, inherited wealth and position, ownerships, personal skills, abilities and efforts.

Some people achieve high social status through education, occupation, and marital status. But statuses can also be inherited through family. To my mind, it is difficult to say which is more important: high social status or a high income. Sometimes an individual’s social positions have both positive and negative influence on their social status.

For example, a teacher has a positive societal image which increases his status but may earn little money, which simultaneously decreases it. In contrast, a drug dealer, may have low social position though have a high income.

There are a lot of professions that are not prestigious, but well-paid and vice versa. Personally, I would prefer having high social status to being rich. Some people say that they would rather have low social status but earn much money.

They are convinced that money can make them powerful and independent. Such people also say that we live in the world where almost everything can be bought and sold, even high social status. But I think that a person must be respected only for his or her individual merits and achievements. To sum up, both a person’s income and social status depend on him or her and may be changed in the course of his or her life.

So if you money makes many things topic to be wealthy, respected and successful, you must work hard to achieve this goal.

This video will show money makes many things

In the current trend of growing economy, money plays a very important role. Now a days, the value of relationship has gone. People used to respect others when others were kind, has good education and hold a good status in the society. Once you become rich, everything will automatically come to you.

Money Makes Many Things Famous Quotes & Sayings

Status, respect, fame will play a huge importance once money is with you. With money, people can play games, win elections and what not they can. In my opinion, money should be there with the individual. However, it should not be above the limit. Money makes people forget the relationship, makes them mad and sad at times. The real happiness manh not lie in becoming rich in wealth but it lies in becoming rich by having good friends or relatives with you. End of the day, money cannot buy you peace, relationship and humanistic values. There are lots of ways to make money. But make sure to choose the correct path. Money is as important as oxygen. Oxygen is pure so in the same way make money by legitimate ways and not by fraud. Mark Gordon Brown moderated this page. If you have any complaints about this content, please let us know. Reply to this topuc.