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Money and Happiness | Mike Michalowicz | Incite Tax

29 May 2025 · 0 min

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In this brief reflection, Mike Michalowicz argues that while money may not directly create happiness, it eliminates financial worry, which allows a person to be fully present in life. He contends that presence—being able to focus on the moment without the distraction of monetary concerns—is the true source of happiness. Therefore, money indirectly contributes to happiness by providing the mental space for presence.

There's nothing better than not having to worry about money when you have other things to worry about. Here's the irony of the system. It allows you to finally become fully present in life. They say money doesn't bring happiness. I contest that. Maybe it doesn't bring happiness but it brings presence because we don't have to have this worry. And presence is what brings happiness. So, maybe it does.