Top Money Tips for Staying Happy

Is there a secret to being completely happy? Some people think so, but there’s no way to be certain. Some people even say you can buy happiness. While we don’t think that’s necessarily true, there are definitely ways that money can influence how happy you are. These are our top money tips for staying happy and have a fulfilling life.

Simplify Your Finances

If you’re constantly trying to figure out how much money you have in accounts X, Y, and Z, you’re wasting valuable time that could spent investing that money into worthwhile ventures and experiences. Instead of having four different savings accounts and three different retirement accounts from separate jobs, consolidate everything so you know where all your money is.

Spend Your Money on Experiences

You get more out of life when you purchase experiences. Not to say that there’s anything wrong with material purchases, but think about what will really give you long-term happiness. When you’re old and gray, are you going to remember driving around town in your fancy sports car or the two-week trip to Bali you took with your spouse?

Spend Your Money Improving Your Health

That Bikram yoga class you’ve always thought about? Take it. Want to learn how to cook authentic Italian food? Sign up for cooking lessons. You’ll be a lot happier spending your money on things that better your health rather than things that virtually don’t improve your life like ordering take-out.

Be Generous

There’s a deep sense of happiness that comes with being charitable. If you’ve been fortunate enough to have a comfortable life, giving back to organizations that could use help can leave you with a satisfied feeling in your heart.

If you’ve set yourself up for a comfortable life, you’ll be happier knowing you won’t have to stress about your finances. At American Investment Planners LLC, we make it a priority to help you prepare for the best financial future possible. From investments to estate planning, we’re here to help with anything you may need. To schedule an appointment with one of our advisors, please call (516) 932-5130 or email info@americaninvestmentplanners.com.