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Does Money Buy Happiness?
December 2nd, 2014
by Bill Boyajian

Many people think so.  And they are right, yet only to a point.  Each of us needs to have enough money to live on and to take care of our family.  But as it turns out, money brings happiness to only a certain level.  That level can be debated, but it is usually enough to be able to live a comfortable, middle-class lifestyle.  Beyond that, money tends to lead to more satisfaction with how life is going, but it doesn’t necessarily lead to more happiness.

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With significantly more income comes significantly more pressure and stress.   And that is usually enough to cause people to seek a better life balance.  A good question to ask yourself is how much money you really need to live a truly happy life.  At certain levels of increased income, people tend to experience a reduced ability to enjoy time with friends and family, and to participate in leisure activities and hobbies that bring them  joy.

Our happiness depends a lot on the small pleasures in life, often measured by good health, loving relationships, core competence in what we do, and respect and praise from friends and family.  The bottom line: money matters, but only to a point.  When that point is reached, a desire for life balance kicks in and true happiness usually follows.



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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”

–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS