How many of your worries are money-related?
Sometimes I can’t help but worry a bit about money. So I wanted to see how my life would look if I was rich and had virtually no need to worry about petty day-to-day expenditures. Basically, “What would my life look like if I had several million dollars?” Why several million dollars? Because that would be enough for me to live happily ever after. But would I really be happy i.e.) few worries?
My Millions of Dollars , No Worries Experiment Goal
The goal is to see if a huge amount of money would actually reduce my stress. Basically, would the money make me happier?
I believe a large amount of wealth will take away a good portion of my worries but I believe my main concerns in life will still remain. Health, family, personal success, friends are all fairly unrelated to money. Improving those areas of my life will still result in worries money cannot calm.
Earlier this month, I ran the experiment. Each time I worry about anything, I categorized the worry:
Now I won’t list out all my worries because A= they are mostly petty first-world problems (…my GoPro stopped working and now I have to update the firmware) and B = this post would be 100,000 words. I simply tallied each worry as it came to me. If I thought about it for more than a few seconds I would mark it down.
I did this all day, every day for a week. I discovered that nearly 40% of my worries were money-related. If I had a few million dollars and the desire to spend a portion of it, those money worries would quickly be swept away. BUT I found that my money-related worries were fleeting at most. Those problems weren’t massive. They could all be solved by throwing a little money at them for the most part… I could keep more up-to-date on my zip program and SD cards so my GoPro firmware updates wouldn’t be such a pain… things like that. The 60% of my non money-related worries took up the time. I worried about those far deeper than the money problems. I counted each worry as ‘1’ when really I needed to weight the worry by how much time I spent agonizing over each of them.
It reminds me of this quote from Jim Carry:
“I wish everyone could get rich and famous and have everything they ever dreamed of so they would know that’s not the answer.”
So my hypothesis is correct. A large amount of cash would take away a good portion of my worries. But many of the larger worries will remain: worries about my health, family, personal success (beyond just making $$), friends, etc. would all remain to some extent with or without money. Does money = happiness? For me, not necessarily. Although it does give happiness a much great chance of winning over worry.
What percentage of your worries are money-related?