Have you ever bought a lotto ticket and allowed yourself to imagine all of the things you would buy with the money? Becoming rich overnight would be absolutely amazing, right?
Three people in the U.S. split the largest winning lotto ticket of $1.6 billion, meaning that each person won over $500 million. This kind of money is life-changing and, for most, is hard to wrap your head around. I’d say it’s safe to assume most people today wish they had more money, and making that kind of money would help solve our worries, fears, and pain, right? Maybe.
Most people don’t play the lotto regularly, so that scenario may be too far-fetched, but many of us get into a profession where we have the ability to do well. We may become a lawyer, doctor, or dentist and, as a result, make a lot of money. Our lives would then be awesome, and all of our troubles would go away! Maybe.
Perhaps entering into one of these professions doesn’t seem doable, so we focus on something else. We turn our focus towards making enough money to pay our bills and saving up so we can retire comfortably in the future with the goal of traveling the world. Making just enough money to be comfortable would be wonderful. Maybe.
You’re probably wondering why I keep ending each scenario with "maybe." Isn’t wealth the ultimate path towards happiness? After all, if we had access to all of the things rich people had access to, life would be great. Maybe. Let’s dig deeper into this.
Having wealth, in and of itself, is neutral. It doesn’t make us unhappy or happy—it just is. Wealth can provide nice thrills, like flying first-class or going on fancy dates. You may have always wanted to fly first class or take your partner on fancy dates, but you just don’t have the funds right now. Or maybe you live in a loud apartment, and you find yourself daydreaming about living in a home that overlooks the ocean. Wealth can certainly provide this type of comfort, along with thrills like these.
But one thing wealth cannot guarantee is happiness. We may know people personally or can think of a celebrity who has access to all of the comforts and thrills but is very unhappy. Many people still assume that wealth brings long-lasting happiness, but that isn’t always the case.
We might think, “If only I had more of this, I would be so much happier.” However, this doesn't always happen. Typically, the older we get, the better off we become financially. But this doesn’t necessarily make us happier. For example, when we were young, we had very little to no money, but we had an easier time accessing happiness. As adults, we might have larger bank accounts but still find ourselves miserable.
I believe it’s safe to assume we all know someone who had access to so much but lost their lives to suicide or turned to drugs and alcohol. On the opposite end of the spectrum, we might also know someone who has accumulated very little wealth, yet their life seems to go well. Why is this the case?
To understand why this happens, it’s important to differentiate between thrills and contentment. Thrills may be drugs for a drug addict, skydiving for an adrenaline junky, or traveling the world for a jet setter. Many people don’t interact with these thrills or can’t access them, yet they seem content and at peace with their lives.
The greatest wealth that we can possess is contentment, not money. This means that being content wherever we are with our lives is more valuable than being wealthy. When we learn to cultivate this type of wealth, we’ll find that our lives go well no matter what.
Contentment is a mindset. People feel discontentment because they think something is lacking in their lives, or they wish that things were different. Many people cannot achieve happiness with what they have, even if they have means that can provide thrills. They might buy a new car that makes them excited for a few days. Or they might buy a bigger and better house and feel happy for a few weeks.
What happens when we continue to achieve happiness by buying more is we find ourselves on a rollercoaster. We might feel great one day and bad the next day because our happiness is tied up in wanting things to constantly be different. And we know that things cannot always bring long-lasting happiness.
