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Opinion

The Best Thing to Buy with Money

is not what you think.

Dear Authentic Introvert,

Research suggests that money drives happiness only up to a certain point and after that, you no longer feel happier when you earn more and spend more.

People spend hours working hard to make as much money as they can, and then they spend it on things that should ideally bring them fulfilment.

And in this chase for money, they continue to lose touch with activities that don’t directly contribute to making more money like watching their favorite show, playing their favorite boardgame, or spending time with their friends and family.

As you earn more, your time becomes expensive, which means if you spend an hour not doing something that can potentially make you a thousand dollars, you’re losing a thousand dollars.

The more you obsess over this, the less time you spare for those silly things.

A friend of mine recently built a new house cum office. When he was shopping for lights, the seller suggested some modern lights that could change colors and intensity depending on what mood one chooses.

He straightaway denied remarking that I’d like to spend that time on my business instead of learning to operate some modern lights.

This may sound like a growth mindset to some but it’s far from it.

The value of learning something new and training those curiosity muscles of your brain can beat making more money any day.

In fact, the real growth mindset would be not just spending all your time making more money but doing the opposite – spending money to buy time for activities that help you learn something new and get better at something you were not.

So, if you have enough money, the best thing you can buy for yourself is time.

Delegate or outsource tasks that don’t add value to your personality and use that free time to learn new things or relive experiences that you know you love.

If you can think of a more fulfilling investment, feel free to enlighten me.

What’s the one thing you’ve spent money on that made you feel happy and fulfilled?

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