an older woman and young girl picnic together on a nice day, symbolizing how worry and happiness can affect your finances

How Worry and Happiness Can Affect Your Finances

These days it seems there is so much to worry about. The media is replete with news of shootings, civil unrest, and the global pandemic. Financially, there are concerns about inflation, taxes, and deficits. 

Because life, with all its trials and uncertainty, provides ample opportunities to worry. If we aren’t careful, we could be consumed with worry and make rash decisions that affect our goals and finances. Crowding out the ability for us to experience happiness.

How Can Worry and Happiness

And, telling someone “don’t worry” is not realistic. There are things we should worry about. A healthy amount of worry can influence us to plan better and take action to obtain better results. But there must be a balance. Worry and happiness are mutually exclusive. There is definitely a time to worry, but we need to make sure we make time and opportunity for happiness, especially laughter. Again, you still worry, so laugh more.

Power of Laughter

Young children are often the greatest examples of happiness; we can learn a lot from them. Because they are quick to forgive, they laugh – a lot. Studies show that the average four-year-old laughs 300 times per day. Any guess how many times the average forty-year-old laughs in a day? Only four times1.

As a result, our laughter causes our brains to release dopamine, oxytocin, and endorphins. These hormones not only make us feel good, but they create emotional bonds with others. In a world of worry and disunity, it sounds like this is a fantastic remedy. Plus, good-natured and appropriate humor is uplifting and unifying.

Not Funny? Don’t Worry

And you don’t have to be “funny” in order to benefit from laughter and levity. You can surround yourself and enjoy those that have a good sense of humor.

Even something as simple as smiling at someone or complimenting another releases neurotransmitters that elicit positive, unifying feelings. This may not be easy to do in a world filled with worry. But it will certainly be worth it – both for you and the recipient of your goodness.

  1. Aaker, Jennifer & Bagdonas, Naomi. Humor, Seriously, Page 25. Random House, 2021

©2021 The Behavioral Finance Network