How does money impact welfare?

The human being has a complex relationship with money, while many are educated under the conception that rich people tend to be insensitive or bad people, others believe that until they achieve financial success they will not be able to lead a happy and pleasant life. The truth is that money should be seen for what it is, a means of exchange. Money itself is not what brings happiness, but those things we can achieve through it. Undoubtedly, money plays in favor of our general well-being. Well-being is a whole made up of edges that highlight our emotional, physical, spiritual, social and other needs.

Money provides us with a tool that can be used to satisfy these needs. The more we satisfy the requirements of our well-being, the more pleasant our life is and the happier we feel with the environment that surrounds us. We must begin to demystify money and learn to love it objectively, without prejudices that threaten our perception of what makes us happy.

During the development of this guide, we will be analyzing some of the most important points that revolve around the impact that money has on our well-being.

Money is a means, not an end

Money is a bargaining chip; if you want food, entertainment, a car, or to visit a foreign country, you will use money in exchange for the experience you will receive. Criticizing people who seek better economic opportunities is an irrational and dishonest practice. We all want the opportunity to satisfy our material needs and this is nothing to be ashamed of. The problem lies in the idea we have of money, imagining it as the end, when the real enjoyment lies in how we use it.

Making money, in principle, will not make you a happier person. Happiness will come the moment you manage to make use of that money to satisfy the demands that arise in the different aspects of your well-being. For example, you probably do not need to pay anything to sit down with a friend to talk, enjoy an afternoon in the countryside, read a book you are passionate about or listen to music you like.

Up to this point you might think that money is of no use to you to satisfy those spiritual needs you have. The problem is that if you have nowhere to sleep, if you have not been able to buy the food you need, if you have debts with the bank, etc., these spiritual needs cannot be satisfied either. Money, in its right measure, allows you to take time off to enjoy those things that, although they are free, require yo