Dan Waldschmidt

by Dan Waldschmidt

April 5, 2018


It’s time to rethink of what you’ve been told about money not buying happiness.

You’ve heard it before. “Money Doesn’t Buy Happiness”. Probably spoken to you by someone with their head swinging side to side as they look down on you with a superior attitude.

And for a moment you are left wondering if they are right. After all, they seem to be wise. And confident

But they are wrong.

And you are in for a hard crash landing if you think for even one moment that having less money is better than having more money.


Water keeps you alive. Fuel keeps you moving. And money buys happiness.

Still not convinced? Let’s break it down even further:

  1. Money can buy instant peace-of-mind –  Instead of lying awake at night trying to figure out whether you are going to pay the power bill or the water bill, having enough money to pay all the bills — with a bit left over — provides one less thing for you to worry about.
  2. Money can buy you comfort – Instead of living in a beaten-down house in Nowheresville wearing hand-me-downs from Goodwill and struggling to put food on the table, having a bit more money will allow you to upgrade all those things — if you want to.
  3. Money can buy you a future – Instead of being broke forever and always, having a plan to save up enough money and invest it wisely will allow you to work hard right now while knowing that you have an exciting future of opportunity and experience ahead.
  4. Money can buy you a safe, reliable car – Instead of wondering where you are going to break down next and at what unsuspecting moment it is going to happen, having money to buy decent transportation will allow you to focus on what really matters.
  5. Money can buy you opportunity – Instead of hoping that Social Security is still around to pay your bills by the time you retire in 20-30 years, having enough money to invest in high-growth opportunities will guarantee you do whatever you want, whenever you want.
  6. Money can buy you the freedom to choose – Instead of stay stuck in a job you hate with a boss and a product you find frustratingly repulsive, having enough money to walk away and choose a better use of your talents will make you feel so much better.
  7. Money can buy you time – Instead of feeling regret that you don’t have time to slow down and read a book or take time to see your kids play sports, having enough money – because you manage it smartly – will allow you to earn those smiles.
  8. Money can buy you experiences – Instead of being jealous of your friends who travel the world and see all the things you’ve always wanted to see, having enough money will allow you to invest in experiences that you’ll be talking about for a lifetime.
  9. Money can buy you new skills – Instead of feeling stuck because you are only doing what you’ve always been doing, having enough money to take new classes and learn new strategies will open up a world of new and better options for you.

Wide-open opportunity and world-changing skills, exclusive experiences, comfort, and peace-of-mind are all the things that happiness is made up of. Those are the ingredients.

So you can make an excuse that money doesn’t matter. You can shake your head and be high-and-mighty that you don’t need money.

Maybe it’s time to rethink of what you’ve been told about money not buying happiness.

And the truth is that you don’t need to make these excuses in the first place. 

Money isn’t bad. It won’t make you evil if you have it. It’s just a tool. A way to get to where you want to be.

And being happy is  a part of that.

About the author

Dan Waldschmidt

Dan Waldschmidt doesn’t just talk about leveling up. He’s obsessed with it. He's set records as an ultra-runner and been the personal strategist for the leading business leaders of our time. He wrote a book, called EDGY Conversations that accidentally became a worldwide bestseller and continues to share his insights from the stage as a keynote speaker and on the blogs and podcasts you will find here. Most days, you'll find Dan heads-down, working on breakthrough strategies for his clients at EDGY Inc, a highly-focused, invite-only, business strategy execution company based out of Silicon Valley.