Using Your Money to Find Happiness
The Beatles sang, “Money can’t buy me love.” However, nothing could be further from the truth when it comes to happiness. Money and the amount of happiness in your life can go hand in hand. This holds true for people in the world of investment banking who make a substantial amount of money and face the challenge of finding personal fulfillment. Here’s the startling connection between money and happiness from Michael Norton at TED Talks, http://www.ted.com/talks/michael_norton_how_to_buy_happiness.html. Use your money and help others with it, rather than focusing on yourself, and it will be money well spent.
Give Your Money to Others and Watch Your Heart Grow
The next time you get your respectable paycheck from your investment banking firm, set some aside for someone else. You can do so in any way that you prefer. Buy a gift for someone you love, make a donation to a charity, hand money to a homeless person on your way home for work, or bring refreshments into the office the next Monday that you come in and watch the smiles bloom for all of your co-workers. Pay attention to how good it makes you feel every time that you give to others in some way.
How You Give isn’t Important
You don’t have to be like Mother Theresa and give up everything that you own, although you can look at that saintly woman to see an excellent of example of the great fulfillment she felt after a life that was devoted to helping others. You can see another example in the extreme when looking at a man in India who was a successful chef in a luxurious hotel. One day, he was stopped in his tracks at the sight of the impoverished on the streets and their state of malnourishment. Watching them waste away with no one to help them, this good Samaritan was motivated to actually quit his job and devote his time to feeding the hungry. He holds their hands, talks with them, even bathes them, giving them hope to go on. This wonderful man has become a light in the darkness for those who have been dealt a terrible hand in life and the result has been great happiness for their benefactor.
This doesn’t mean you need to make such an extreme gesture. However, you can use your money wisely. You can think of how it can help someone else. They say, “What goes around, comes around,” and it is true. Your investment banking salary can have amazing returns when you find ways to share some of your money with others.
Remember: It’s Not About You
The most important thing you need to remember is your motivation for giving. You’re not spending money on others for any personal motivations. The more selfless you become, the greater the returns will be for you. Reach out to others, don’t be selfish, and make that money count. The next time you hear that someone is dealing with a tragedy at the office, think of ways that you can ease any burdens. You might send food or gift cards to help pay for gas and medical expenses. When a family member is facing a crisis, dig deep in your heart and think about all the things you can do to help your loved one through a difficult time. If your best friend needs a place to stay, open your home without any conditions. When you look beyond yourself, your personal happiness will grow in leaps and bounds.
Don’t Make the Mistake of Being a Lottery Winner
Many people think that winning the lottery is the answer to all of life’s problems. However, most winners end up spending beyond their limits, burdening themselves with crushing debt, and ruining their friendships as everyone hounds them for money. The next time you get that raise or promotion and have a boost in income, don’t hoard it for yourself or spend beyond your means. Enjoy life to the fullest and do so by making an investment in someone else. You don’t have to give all of your money away. Hand money out in some useful way with your heart and you will have personal satisfaction beyond compare. Start with your friend and family. Then, why not try with a total stranger 🙂
PS: Everything will be given to my chosen charity