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Money Advice - How to be Happy

Wednesday 7th January 2009 - 21:24

Debt management and debt consolidation plans is a vital tool to help you handle the misery of mounting debts. After numerous studies and research into: ‘Can money buy you happiness?' by hundreds of Philosophers over the years they all come back with one answer, a resounding, ‘No'. A book by psychologist Oliver James has in fact blamed the pursuit of wealth and materialism as the root cause for the West's unhappiness, labeling the problem ‘Affluenza'. But this is too simplistic. Wealth and materialism certainly do not buy you happiness. Happiness comes from social acceptance, job satisfaction, healthiness, friendship and relationships. But it's all a question of scale. Those people juggling difficult debt in need of debt management and debt consolidation strategies, fearful they could lose their homes, and foregoing family holidays, would be happier without debt. Studies have shown that money does indeed buy happiness if it helps lift you out of difficult financial dilemma, or poverty. Research shows that those lifted out of the slums in India showed a marked increase in happiness, yet those who are already super-rich don't value what they have, and so don't get the same sense of contentedness from materialistic possessions.

Debt management and debt consolidation schemes for financial health

Debt is known to cause anxiety, stress, misery and even depression, which is another reason why debt consolidation and debt management plans are so crucial. In an article in Newsweek on the subject of money and happiness, it notes: “Curiously, although money doesn't buy happiness, happiness can buy money. Young people who describe themselves as happy typically earn higher incomes, years later, than those who said they were unhappy. It seems that a sense of well-being can make you more productive and more likely to show initiative and other traits that lead to a higher income. Contented people are also more likely to marry and stay married, as well as to be healthy, both of which increase happiness.” So there is a direct co-relation between being comfortable financially and happiness. If you're struggling with the misery of debt, don't let it drag your future down – debt management strategies can help get you back on the road to financial health and happiness.

Debt management  and debt consolidations plans– Buy what you need, not what you want

Time after time, consumers seeking debt management, money management help and advice complain that they're over spending is keeping them awake worrying at night about their rising debts. A debt management scheme, such as an IVA or a debt consolidation loan can help you priorities you’re spending. Taking steps such as:

A debt management strategy, such as a debt consolidation loan

Cutting up your credit and store cards

Draw up a budget plan and live within your means

Ask yourself what void you're attempting to fill by overspending.

Will your loved ones think any better if they did not get that extra present

People often shop to ‘feel better' but in fact, spending time with a family, by yourself or friends would be more constructive. Spending only creates the illusion of control and comfort – but debt soon impacts negatively on your emotional well being, leaving you feeling out of control, anxious, and unhappy.

Speak to Money Advice Group for debt consolidation, debt management and Money Advice solutions.

Money Advice Group is a total financial solutions company helping people all over the United Kingdom. We only speak financial sense. You  will be allocated your own friendly advisor who will chat through financial situation and formulate a debt plan for you without obligation. Let us work out a financial solution based on your personal circumstances. It's our aim to provide everyone who contacts us. With debt solutions from debt management and IVAs, debt consolidation plans & Money Advice advice for information on debt consolidation, bankruptcy and Trust Deeds call us today, we can help and see what other people say at http://www.moneyadvicegroup.co.uk/testimonials.php . It really is worthwhile giving us a call or applying online today for a confidential chat www.moneyadvicegroup.co.uk with one of our friendly advisors. Call FREE on: 0800 280 0492.  or for our latest news visit  at http://www.moneyadvicegroup.co.uk/news.php. 

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