How is success related to money? It is a question one can get millions of answers to if asked. Different people have different perceptions of success and money. In the eyes of society, money is the ultimate measure of success. We as students work hard in our studies to achieve what? Everybody’s goal is to get good marks or be a top scorer in their class. Why do our parents send us to school? They send us to school so that we can study to become successful and earn lots of money. Society revolves around money and the people who have more are considered more successful and vice-versa. This draft talks about how is success related to money and how various people view it in society
A few people think money can buy them everything they need and protect them from every problem. However, fewer people know the true value of money and do not spend lavishly. In this world, every being that exists faces problems in one form or the other. Money may not be able to protect people rather it can help them. Success is related to one’s health and well-being. Success can affect a person’s life immensely. Money should be used to buy commodities and should not be abused for one's happiness, as there are many people in this world who stand below the absolute poverty line and hence do not even meet the basic living requirements. People who have a lot of money generally change. Success should not be a factor that affects one’s personality. Success should not be a factor that affects the people you hang around and your outlook towards life and the environment around you. Happiness is a feeling one person achieves so it cannot be related to success. It can never be considered as an external endeavor rather it’s an outward expression of one's inner emotions.
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Research indicates that one of the reasons people with greater salaries often seem happier than their peers is the outcome of their success rather than the money they earn. According to Horton, J. (2018, June 28). Can money buy happiness? Retrieved from https://science.howstuffworks.com/life/can-money-buy-happiness1.htm. In general, people who make more money also tend to be more successful at what they do: It is the success that makes them feel good, not the money itself. The money is a mere sideshow of the real happiness booster. Successful people are also usually more productive and satisfied with their jobs, thus creating positive feelings of self-worth, pride, and contentment. The extra money the hard work creates is simply an added benefit. Another reason for success in stimulating feelings of happiness is because of the challenges involved. People get a thrill out of pushing their mental and physical capacities to the limit, and when they do something that fully captures their interest and attention, time passes by imperceptibly. Not only is the hard-earned outcome rewarding, but so is the sweat put into making it happen. Scientists have nicknamed this phenomenon flow. Results of one study indicate workers would happily take a 20 percent pay cut if it meant their job would involve more variety or require more skill. According to the article people with greater salaries are happier than people with lower salaries not because of the money but the outcome of success over their peers. Success acts as a major factor to motivate one to strive to become a greater person. People find a thrill in facing adversaries and overcoming challenges and love the reward they achieve once the work has been completed.
Success is 'the fact of getting or achieving wealth, respect, or fame.' But according to a new survey conducted by Smith, J. (2014, October 3) suggests an update in the definition of success. The school recently released findings from its national 'Success Project Survey,' which was conducted to determine what success means to Americans today. A whopping 90% believe that success is more about happiness than power, possessions, or prestige. 'This indicates a clear change in the way Americans are thinking about their journey,' says Dr. Michael Plater, president of Strayer University. 'It's no longer about the car or the house. Instead, people are focused on leading a fulfilling life, whether that means finding a better career, achieving personal goals, or spending more time with their families. 'The survey, which was conducted by Ipsos on behalf of Strayer, interviewed 2,011 Americans ages 18 and up and found that 67% of surveyed Americans associate success with achieving personal goals; 66% cited 'good relationships with friends and family'; and 60% said 'loving what you do for a living.' Meanwhile, just one in five respondents said monetary wealth is what defines success. 'I think people will be surprised to hear that the vast majority of this country no longer views traditional wealth- and fame-based notions of success as having 'made it,'' says Plater. He explains his team's goal in conducting this survey was to spark a much-needed national conversation about success and how there's no 'one size fits all' definition. According to the article, Americans have changed their perspective toward success and find it more linked to happiness than to fame and money. Americans are focused on a more fulfilling life with emotions and values than a life with money and fame(comment)
The survey data gives us a view of what success means, on average, and how close people are to making it. According to Desjardins, J. (2018, February 1). How do Americans quantify success? Retrieved from https://www.weforum.org/agenda/2018/02/heres-how-americans-quantify-success. Respondents viewed $147,104 of income as “successful”, and this is the area people were furthest away from their ideal. The average income of respondents was $57,426 – and 67% of respondents said that money was the major missing part of their equation for success. Respondents viewed 31 hours of work per week, a 10-minute commute, 5.3 weeks of time off, and working more from home as their ideal situation. However, respondents were a little doubtful about most of these measures and were completely against vacation time. The average person is working 34 hours per week, commuting 17 minutes, taking 2.8 weeks of time off, and working more from the office. Notably, for 22% of people, a dream job was the missing part of their success equation. Respondents viewed marriage and kids, as well as four best friends, as ideal. On average, respondents fell slightly short here, though. How much would your home and vehicle be worth, if you “made it”? About $461,000 and $41,986 respectively. Respondents fell short here, with $248,000 and $15,789 values for their home and vehicle.
Why it matters: Our measures of personal success are highly individualized, but tend to follow some patterns for women and men, liberals and conservatives, and different levels of income, the survey found the findings are vital for politicians, the entertainment industry, and technology executives seeking to tap into less romanticized measures of success.
'Being famous' was the top answer for what respondents thought mattered according to society's view of success.
But that was the last answer for what individuals felt was important to achieve to be successful in their own lives.
Parenthood was the most common achievement for individuals' standards of success but ranked 33 out of 76 when people were asked about things society considers important for success.
'Very conservative” Americans tend to consider being a parent twice as important as those who self-identified as 'very liberal.'
Having an advanced degree was something respondents valued both in terms of how society judged them and how they judged themselves.
Having a purpose in life, a couple of close friends and regularly seeing family were all important components to how people judged their success — but so was not having to worry about money.
Women were more likely than men to view fame and having a large social media following as important to society's view of success — something that may correlate to other trends like women being overrepresented on Instagram, Rose said.
Between the lines: Milestones and traits related to status, education, and finances were at the top of the list for what most people believe others consider markers of success. But people said success in their own lives has more to do with educational achievement, relationships, and personal character.
'We can do something with that if we can just realize that this silent majority exists and that it crosses political and ideological and other demographic bounds,' Rose said. According to the citation, a survey of the Americans has been taken and various people were asked to express their point of view on how he/she comprehends success. People generally consider being famous, parenthood, and having an advanced degree as being successful
India has a contrasting definition of success in society. According to What Defines Success in Indian Culture? (n.d.). Retrieved from https://onlineessays.com/essays/geography/india/what-defines-success-in-the-indian-culture.php. Indian culture is an amalgam of numerous traditions, beliefs, and practices. It is based on a strict social hierarchy. Indian society mainly circulates family. Indians are generally considered successful if they can strike the right balance between their career and their home. Regardless of gender these two are the main metrics of success Money and property may define one’s success in Indian society, but they are not the only things that make an Indian successful. It is considered important for Indian men to have a prestigious job, with a good salary and a respectable status in society. For Indian women, it is more important to be married at the right age, to the right person, and the right family. With changing times and the increasing importance of education amongst Indians, having a great career is becoming more and more important for Indian women.
The Indian society can be further classified into the urban and the rural communities. Among the rural people, the definition of success is different from that of the urban people. In most rural families the concept of individual success is not very popular. The head of the family is the main earning member and his position in the society indicates how successful his family is, as a whole. While the success of the male member of the family is rated by his ability to provide for his kin, the success of a woman is measured by how well she runs the house and takes care of her children.
In the Urban Indian society, the emphasis on career progression is catching up fast. But the essence of the Indian traditions and cultural values has not lost its significance among the modern Indians as well. Like in most other societies, the Indian people believe in getting the best of both worlds. Their idea of a great life is to have a perfect family and a perfect career. Both Indian men are women are venturing into creative career fields matching their interests and capabilities. Having a satisfying career, that pays well and earns them a good reputation in society, defines success for urban Indians. In India, various types of society have different views of success but in an overall scenario, an Indian is considered to be successful if he/she makes a lot of money and if he/she surrounds themselves with family.
In the broadest perspective, success is co-related to money. A person is considered successful depending upon the amount he/she makes over their career or how they are doing in their respective fields. Success should be dependent on one’s contribution to society and family. Success should not be materialistic rather it should be something one earns. Success is understanding the difference between need and want and also knowing when your life is filled with abundance
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