My Struggle With Money, Depression & Anxiety (Does Money Buy Happiness?) The Hedonic Treadmill



QUESTION: Does Money Buy Happiness? The short answer: It can. The long answer? It can – but if you’re not careful, it can have the opposite effect.
►► Watch this to learn more: https://www.youtube.com/watch?v=juO4zxsjSjw

It’s a scientific fact that spending money on material things doesn’t make us happy. However, using your money to buy back your TIME allows you to spend more time with friends, family and pursuing hobbies.

This means spending money on things like:

Hiring a cleaner
Hiring someone to mow the front lawn
Having a chef prepare your meals
Hiring a nanny to take care of your kids

Buying back our time allows us to focus on the things we truly LOVE. And this has a direct, positive impact on happiness.

QUESTION: Why Do Billionaires & Athletes Get Depressed?

This can be explained using the hedonic treadmill as an example. You see, this is the scientifically observed tendency where all of us quickly return to a stable level of happiness. For example: If you won the lottery tomorrow, you’d get a HUGE boost of happiness. You’d be super happy. But eventually, you’ll return to your previous, baseline happiness level. Long-term it doesn’t matter.

Most athletes and entrepreneurs fall into this trap. After reaching a goal, they enjoy the rush of happiness and achievement. After a while though, that goal becomes normalized, so they try and reach bigger goals to achieve that sense of happiness again.

What we’re really doing (without realising), is associating success with happiness. And this is where we get trapped running our own hedonic treadmill.

This is dangerous. You may have noticed that in the entrepreneurial community, there is a LOT of peer pressure to be always working. Always hustling. HOWEVER, this mindset can eventually result in something that is the total opposite: BURNOUT.

A Swedish study showed that when we work, we fire different neurons in our brain. So of course, the more work we do, the more we engage them. However, doing this too much leads our brain to try and work more efficiently. So, it goes into survival mode and starts to rewire your brain so that your neurons start fire TOGETHER. This means it becomes harder to access different parts of your brain, such as the parts involved problem solving, focus, and emotional reasoning.

QUESTION: How Can You Experience Happiness Every Day?

While we get a big dose of happiness when something big happens, science has also shown that little things make us almost just as happy.

For example:

Eating a nice apple
Giving someone a hug
Exercising and treating your body right
Drinking a nice cup of coffee

The difference though, is that the happiness boost from these little things doesn’t last as long as the big ones. So, the key is to add lots and lots of these nice, little things into your life every day.

Indirectly, this is also a sense of gratitude: The quality of being THANKFUL. And is an awesome way of experiencing genuine happiness from the INSIDE OUT. Rather than the outside in.

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30 thoughts on “My Struggle With Money, Depression & Anxiety (Does Money Buy Happiness?) The Hedonic Treadmill

  • May 27, 2020 at 2:02 pm
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    Posting this was not easy (definitely a bit scary!) so to everyone who has left supportive comments – thank you! 🙂

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  • May 27, 2020 at 2:02 pm
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    Kudos to you Sarah for sharing a real part of you. Myself and many others follow you because we want to learn learn learn and hopefully earn a bit of money for our families. Content like yours is very useful, as long as you are not selling us a hoax. This video makes me trust you even more. Sometimes we cant tell if so called gurus are honest or are trying to profiteer from just selling courses.

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  • May 27, 2020 at 2:02 pm
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    66 Losers hate this videos – Heartless Pricks – Keep Doing You – Learnt So Much From This Kiwi Channel – Informative and Inspiring – Kapai

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  • May 27, 2020 at 2:02 pm
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    maybe you should strive for something more than just making money and you would feel happier? just a thought.

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  • May 27, 2020 at 2:02 pm
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    I know it's been a year since you posted this, but the feed did not issue it until now. Thanks for coming forward and being open to the people about anxiety and depression. I am a pretty even-tempered guy, but anxiety and depression is a part of being human. We all go through it in some form and in some degree. We cannot let it overwhelm us. Must keep pushing on. Thanks for the uplifting video.

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  • May 27, 2020 at 2:02 pm
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    …….well I'm on the other end. Failed sooo much im depressed out of my mind. Burnt out. Fuck life

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  • May 27, 2020 at 2:02 pm
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    Growing pains. Everything is happy go lucky when you are new to the world and haven’t been kicked down. Haven’t been weathered by resistance.

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  • May 27, 2020 at 2:02 pm
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    Life is my rollercoaster. Rise and fall, twists and turns. Making the rises the challenge and the falls the joy because I rise again.
    I think that's why I love the Chumba Wumba song about being knocked down. I only drink once or twice a year and not to get drunk but I can still enjoy the thought. Peace little spark!

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  • May 27, 2020 at 2:02 pm
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    Thanks for an amazing video Sarah, would you please be able to tell me who does these animations for you or what service is that? Cheers from Auckland!

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  • May 27, 2020 at 2:02 pm
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    Stip by Stip you'll be back in business Sarah, You're a strong, Smart, Lucky girl.

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  • May 27, 2020 at 2:02 pm
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    Personally, I think that you seem like the coolest chick on youtube! Hope everything is going good for you.

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  • May 27, 2020 at 2:02 pm
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    Thank you for being so transparent Sarah. I not only loved your story but providing so many facts and brining up studies. You inspire me so much. <3

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  • May 27, 2020 at 2:02 pm
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    Thank you for sharing this ✨💛 I love your videos and wish you well on all of your endeavors and that you continue in PEACE and prosperity 👍🏾

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  • May 27, 2020 at 2:02 pm
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    this was so explaining of something i might be going through right now. i think generally I am doing well in life but I find it now tough to feel any form of joy from the little things as jogging, socialising and a simple cup of coffee just felt, well, little. Or like a task that the brain no longer finds joy in. thanks for sharing Sarah!

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  • May 27, 2020 at 2:02 pm
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    I actually posted this comment I didn’t realize Zach was signed into youtube on my ipad 🤦🏼‍♀️This really hit home for me – everything you said was exactly how I felt. I’ve always been an entrepreneur a lot like you until I let making more money get me into legal trouble and actually lost 5 years of my life in prison for it. I’ve been home almost a year and of course I’m just as determined as ever to be successful and actually spent most of my time away reading and studying business trends.

    Of course I’m still a bit out of the loop technologically because so much has changed but I’ve spent the past week watching your videos and just subscribed to your premium course when I happen to run across this video and then it all made sense why I liked you so much! As someone with severe anxiety issues since a child due to a mixture of bad genes, bad childhood and bullying- my depression followed to my adult life and was actually the worst at the time I was doing the best ever in life. Funny how life has a way of reminding you that no matter what you do it can still be ruined and we can’t control everything even though we run ourselves crazy trying to. Anyhow thank you for posting and honestly I agree that many entrepreneurs struggle with this because our brains overwork on thinking all the business ideas we have so obviously it’s going to overthink our fears causing anxiety- so really it just means our brains work well and we should take it as a compliment 😉

    I’ve just started drop shipping on shopify and also etsy and have already made over $2,000 in profit in one week off of just one thing because I’m taking it slow and doing everything correctly and still learning from you. So for anyone that doubts the money to be made or that what you teach isn’t possible – I strongly disagree because it is absolutely possible and you show exactly how. I’ve studied alot of business in my time and you are the only person I have seen that actually tells you how to do it instead of just talk about what’s possible, which is basically all the books will do. I also love Anthony Morrison for this very reason and have read all of his books as well.

    Thanks for doing what you do and being real and giving good advice instead of just promoting whatever makes you more money, you actually want us to make it as well and that comes across and makes you one in a million. I cant wait to dive into your course!

    Sincerely,

    Ashley Moss

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  • May 27, 2020 at 2:02 pm
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    This really hit home for me – everything you said was exactly how I felt. I’ve always been an entrepreneur a lot like you until I let making more money get me into legal trouble and actually lost 5 years of my life in prison for it. I’ve been home almost a year and of course I’m just as determined as ever to be successful and actually spent most of my time away reading and studying business trends. Of course I’m still a bit out of the loop technologically because so much has changed but I’ve spent the past week watching your videos and just subscribed to your premium course when I happen to run across this video and then it all made sense why I liked you so much! As someone with severe anxiety issues since a child due to a mixture of bad genes, bad childhood and bullying- my depression followed to my adult life and was actually the worst at the time I was doing the best ever in life. Funny how life has a way of reminding you that no matter what you do it can still be ruined and we can’t control everything even though we run ourselves crazy trying to. Anyhow thank you for posting and honestly I agree that many entrepreneurs struggle with this because our brains overwork on thinking all the business ideas we have so obviously it’s going to overthink our fears causing anxiety- so really it just means our brains work well and we should take it as a compliment 😉 I’ve just started drop shipping on shopify and also etsy and have already made over $2,000 in profit in one week off of just one thing because I’m taking it slow and doing everything correctly and still learning from you. So for anyone that doubts the money to be made or that what you teach isn’t possible – I strongly disagree because it is absolutely possible and you show exactly how. I’ve studied alot of business in my time and you are the only person I have seen that actually tells you how to do it instead of just talk about what’s possible, which is basically all the books will do. I also love Anthony Morrison for this very reason and have read all of his books as well. Thanks for doing what you do and being real and giving good advice instead of just promoting whatever makes you more money, you actually want us to make it as well and that comes across and makes you one in a million. I cant wait to dive into your course!

    Reply
  • May 27, 2020 at 2:02 pm
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    Thank you so much for sharing, maybe you should do more videos like this and create awareness for how terrible is the love of money, and trust Jesus He loves you and die for you, read the Gospel of John. Thanks again

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  • May 27, 2020 at 2:02 pm
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    Thank you for sharing! I have started watching your channel as my original goal was to start an online counselling business, I have a psych degree and can say this was hugely informative and selfless of you to post. Well done! Great watch and keep up with your self care :))

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  • May 27, 2020 at 2:02 pm
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    I guess I have this too. I just didnt realized it until I saw your video. I dont like the idea of money and society tbh. I am more of a spiritual traveler type. But these worldy circumstances ask for it for survival. Some say life is temporary and everything you work for and all your desires will turn into dust. So better live a life of peace and charity. We dont have to be Rich as it wont help us in the afterlife. We need to share knowledge and money with the other human being and stay content and Happy as long as we are here. Happiness is sharing without expectations. All this depression and anxiety is because of society and its norms. We are harming ourselves where we can choose not to.

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  • May 27, 2020 at 2:02 pm
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    Totally clicked for me. I'm extremely successful in my job, but have failed in Ecom so far and this video made me realize I'm suffering some anxiety and depression because of it and that is affecting other areas of my life. Just the awareness of this from your video has begun to solve it. Thank you! Extremely helpful and invaluable.

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  • May 27, 2020 at 2:02 pm
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    This is one of those videos that you only come across every so often that you really connect with. Thank you.

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  • May 27, 2020 at 2:02 pm
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    I’ve watched all these videos of people yelling at me how they’ll show me how to be an online millionaire. Videos with loud hip hop music and flashy cars, fancy clothes, goofy haircuts and some even with face tattoos…but, this is the first person I’ve seen share on this and be transparent and real and this is what gets me bought in. Thank you Sarah.

    Reply

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