How You Can Use Money To Buy Happiness

Yves SchoofFinance

Research suggests clearly that having more ‘stuff’ does not make us happier. Instead, we should focus on spending money to buy ‘experiences’. Experiencing life with our loved ones, are the moments that we remember and make us happy.

In today’s world, the one thing we all lack is time. It goes without saying then that if we could spend our money to buy more time, we should feel better and happier.

The research from a Harvard professor confirm this You can read the article HERE.

Outsourcing mundane household chores that we actually don’t like doing anyway, can provide feelings of happiness that last longer compared to when we are just accumulating more things.

My experience in working with doctors and dentists confirms this.

Having an expensive house and big mortgage actually creates more stress than happiness. On the other hand, time away from work and holidays provide meaning and balance to your life.

We spend a lot of time with our clients to establish what they truly value, and what makes them happy. This then becomes the pursuit of our financial planning, as opposed to the accumulation of more money just for the sake of it.

If you would like to change how you view and use your money, why not contact us to explore how we can assist you on this journey.

Contact us on 08 9381 2704 or email me at

Yves Schoof
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Yves Schoof

Author | Specialist Adviser for Medical Specialists and Surgeons at Affluence Private Wealth
I specialise in managing and coordinating the financial affairs of medical professionals and have been recognised as one of the best financial planners in Australia. I am a Certified Financial Planner and member of the Financial Planning Association of Australia.

As I understand your time is extremely valuable and scarce, I am able to offer flexible meetings times, including outside business hours and during the weekend. I can even come and meet you somewhere convenient, or talk via videoconference on Skype.

My first consultation is free. I allocate up to 90 minutes to discuss your personal circumstances and to establish how I may best assist you. Where you already have an existing adviser, I would be happy to offer a second opinion. I always quote a fixed dollar fee before we start working together.

Please contact me on or call me direct on 0432 885 295. You can follow me on Twitter @YvesSchoof or connect with me on LinkedIn to receive new articles.

Yves Schoof and Affluence Private Wealth are Authorised Representatives of Synchron, AFS Licence No. 243313. 

The information posted is intended to be general in nature and is not personal financial product advice. It does not take into account your objectives, financial situation or needs.
Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant product disclosure statement (PDS) or other offer document prior to making a decision.
Yves Schoof
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