Have you ever thought about giving cheerfully to yourself? Change the way you think about saving and realize that it’s okay to give to yourself.
Sometimes the things we learn in church concerning money can have a negative impression on how money is viewed. Let’s review a couple of statements you may have heard. Money doesn’t buy happiness! For the love of money is the root of all evil! How do these statements make you feel when you read them? For real, take the time to think of what each statement means to you. Personally, they put me in the mindframe that money is evil and the demise of society, as we know it. On the other hand, one is encouraged to give cheerfully. The Bible tells us, “Every man according as he purposeth in his heart, so let him give; not grudgingly, or of necessity: for God loveth a cheerful giver” (II Corinthians 9:7). Let’s explore how financial stability can actually enhance your mood and establish ways to reward yourself, as well as the importance of creating and continuing a tradition of financial literacy amongst your family and friends.
Evidence suggests that a myriad of factors are more vital to our sense of personal and life satisfaction than money. But evidence has also been mounting that our economic situation — especially our level of economic security — does indeed have a lot to do with the degree of happiness we experience in our lives. Now, some interesting new research sheds additional light on the role our financial situation plays in how happy we are.
According to noted mathematical economist, Christian Bayer, and his colleague, Falko Juessen, having more money is indeed related to happiness, but not in the way anyone might first suppose. Money may not be the key to happiness, but our level of financial security does affect our emotional and psychological well-being. It appears that we’re most satisfied with our lives when we have some confidence that our level of financial comfort will increase steadily over time and that we won’t have to kill ourselves to maintain that increased comfort level.
Planning to splurge or setting a goal amount of funds to save can create happiness. Research literature reveals that we experience the strongest positive emotional response when we make progress on our most difficult goals. Psychology today states, “Progress on our goals leads to more positive emotions and more satisfaction with life.” It increases our well-being. In turn, positive emotions contribute to our motivation to act. This is a win-win situation if we can “just get started.” Verywell.com says that Goals matter. Setting the right goals, having a plan to reach those goals, and following through on what is required to reach or maintain those goals, can make the difference between having a happy, fulfilled life or not having a life at all.
Pay it forward to the next. Once you save to save yourself, share it with anyone that will listen, especially if you have children or relatives that are close enough to see you go through the process and start a new tradition. Expound upon one of the golden rules about giving and CHEERFULLY SAVE YOURSELF!