It buys one kind: what results from the relief of not having to worry about money anymore. ("Worrying" about losing your millions does not count; we poorer folks have to worry about that, too.)
Financial freedom does not automatically make you happy, but the universe isn't binary, and so being relieved of the biggest worry in modern life does buy you a good amount of happiness -- or at least, the opportunity for happiness.
My favorite relevant quote is "For problems that can be solved by money, there's nothing better than money." For instance, commuting time. I drive 30 min to work in traffic because houses are 60-80% more expensive by my office. If I had double the money, I'd move closer and get more time with my family. My options are 1) drive more or 2) have a smaller house. More money would solve either of those.
Simply, I'd say money buys freedom. Potentially. Because earning a million dollars through legitimate hard work gives more freedom than earning it through fraud (you don't have to hide and/or get arrested).
It buys one kind: what results from the relief of not having to worry about money anymore. ("Worrying" about losing your millions does not count; we poorer folks have to worry about that, too.)
Financial freedom does not automatically make you happy, but the universe isn't binary, and so being relieved of the biggest worry in modern life does buy you a good amount of happiness -- or at least, the opportunity for happiness.