Utility is only a reflection of people’s choices while happiness is a reflection of people’s feelings. The most detailed concept of happiness and its connection to money was created by Abraham Maslow. However, the difference in happiness between someone who makes ,000 and someone who makes 0,000 is negligible.
For example, I have read an article about a famous actress in Bollywood who died due to depression and was all alone during her last days.Just as the Beatles sang: “Money can’t buy me love”. Happiness is an emotion that we discover inside our own selves as human beings.To sum up, purchasing goods will only result in a limited amount of satisfaction, but true happiness can be reached even without financial wealth. Money cannot buy happiness because the most valuable things in life, such as friendship, love or happy memories, cannot be bought with money, they have to be earned. Basic needs include all physiological and safety requirements such as food, water, rest, personal security and safety. Indeed, financial wealth is the best way to fulfill all these requirements. According to me, although having lots of money will surely provide us lot of ways to entertain ourselves but it can’t buy love and happiness.Money can’t buy love and a happy life comes from having good friends and family who care about us.On the other hand, money is “something (such as coins or bills) used as a way to pay for goods and services and to pay people for their work.” (Merriam-webster.com, 2016), it is a basic need for our everyday purchases.For sure, financial wealth makes our life easier and provides wider opportunities for the person who has enough money.