At the very least, it buys peace of mind. I’m not talking about being super rich here. Not the kind of money where you wonder who your true friends are, or the kind of money you wind up spending on ridiculous things, like a house with 10 rooms, or a dozen cars, or even a closet full of clothes that still have the price tags.
I’m talking about the kind of money that after you do all you need to do with it, you still have some left over. Pay your rent, or mortgage. Actually afford a good health insurance plan. Get all of your utility bills paid, along with your car payment, car insurance, and then groceries! Then, after you have paid all of those things, you still have some money left over to put aside and save in cast of an emergency. Or still having some money to go to a movie or dinner, or even buy some new clothes. How about getting away for a weekend, just to relax. Better yet, being able to buy that much needed sofa, or fix that air conditioner. And even having enough to send some money to your favorite charities.
To have the money to do all of those things and not have to worry about being totally broke until you get plaid again, would make a lot of people very happy. I don’t know who first coined the phrase “Money doesn’t buy happiness,” but I have a feeling they had plenty of it.