Money Can’t Buy You Happiness, BUT…
Money Can’t Buy You Happiness, BUT…
Can Money Buy You Happiness? This is a very common question that people ask themselves. The answers vary depending on who you ask:
- Money can’t buy me happiness, look at all the divorced rich people.
- Money can’t buy me happiness but neither can poverty.
- Money can’t buy me happiness but I would like to find out for myself.
- Money can’t buy me happiness but I would rather cry in a mansion.
So what’s our opinion? Well we think…
Money can’t buy you happiness, BUT happiness can bring you money.
Why do we say that?
Let’s take our case for example. When we got married, my net worth was about $135,000 and Mr99to1percent net worth was about $65,000 for a total of $200,000. Five years later, our networth has increased 8x to $1.625 million! During those 5 years of marriage, we have also been able to more than double our income from $160K to $400,000+/year.
The opposite is also true. Unhappiness can make you lose money. Let’s take my parents as an example. They both had 9-5 jobs and they also had about 3 side businesses.
Everything was going well, and we were living the upper-middle class lifestyle until they started having problems in their marriage and everything including the businesses started going downhill.
That’s when my dad explained to me that when marriage is going downhill, the businesses are bound to follow.
So how do you avoid this from happening? How do you keep your marriage and bank healthy and happy?
Teamwork is very important. If you are not a good team player, do yourself a favor and stay single. Like they say “There’s no I in Team”.
For us, every business or project we start, we do it together and leverage each other’s skills.
For example, when I was single, just entertaining 5 friends used to stress me out. Mr99to1percent never entertained anyone, it was too much of a hassle for him. But as a team, we have no problem entertaining 20-30 business and potential business associates.
Support and Encouragement
You must support and encourage each other 100%. You must have each other’s back. For example, there are periods of time where our jobs or side gigs might require one of us working long hours.
Instead of complaining, the least busy person will show support by taking on more house chores and/or just sitting next to the busy person and keeping them company while they work.
Also, anytime one of us comes up with an idea, we work, research, and decide together whether it’s economically feasible to pursue it. Two heads are better than one after all.
Trust is also very important. Trusting that your partner will always do what’s best for the nuclear family no matter what.
Trusting that none of us will ever intentionally jeopardize what we have built.
Trusting that if you are no longer here, your partner will take care of the family to the best of their abilities.
Before marring someone or entering a committed relationship, ask yourself this question. Can I be loyal to this person for the rest of my life? If it’s an easy Yes, please proceed. If not, please pause and re-evaluate.
A marriage without respect won’t last. A few years ago, we watched one couple go through this. The relationship was great but as soon as they got married the husband did a 180 and started disrespecting the wife and the marriage.
His recklessness ended the marriage and left them emotionally and financially bankrupt.
One question on my mind though, can we get back the monetary wedding gift we gave him 😊? It’s pretty clear he was never serious about the marriage. What’s the refund policy in these types of situations 😊?
I left the best for last. LOVE. When I announced my engagement to one of my friends, she asked me if I had asked God to confirm if Mr99to1percent was the one for me.
My answer to her was that no I didn’t ask God to confirm. I was 100% sure, I didn’t really need confirmation. But, I did thank God for sending Mr99to1percent to me.
However, there are a few other questions I would recommend asking yourself before saying “I DO” :
- Do I see myself loving this person forever and ever?
- Will I still love them when they age and lose their good looks?
- Would I still love them if they lost everything they had?
- Would I still love them if they got into an accident or became very ill that I would need to take care of them for the rest of our lives.
If the answer is YES to ALL the questions, please proceed. If your answer is No or Maybe to ANY of the questions, please pause and re-evaluate.
There you have it guys. That’s how we have been able to increase our networth by 8x from $200,000 to $1.625 million and increase our HHI by 2x from $160K to $400K+ in only 5 years! That’s how you keep your marriage and bank healthy and happy.
What about you guys? How much has your networth and/or HHI increased since you got married? Any advice you want to share with our single readers? If you are single, what are some of the benefits and/or challenges have you experienced?
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Do you want an easier way to manage/track your finances/investments? The Personal Capital app can help. Do you want to start blogging? Bluehost can get you started. Make sure to also check out other resources that we recommend such as books that have helped us get where we are.
Do you want to learn more about us? If so, you can also read these other posts:
- About us
- How We Increased Our Annual Income From $0 to $160K to $400K+
- How we live on 15% of our income
- Joining the Million Dollar Club/Challenge and So Can You
- How To Pay Off A Mortgage In 5 Years
- Our Biggest Money Fight and 9 Lessons Learned
- Our 6 Financial Mistakes and 15 Lessons Learned
- How I Paid Off My $40,000 Student Loans Before Graduating
- The resumes that bring in $400,000+/year (Samples Provided)