"Now, what can money buy? Only things on the physical level, that is, _sense experiences_. "
This is an oversimplification that detracts from the value of money. Your assumption that money can only buy sense experiences is incorrect. In reality, money can have a significant impact on the (emotional) and (intellectual) realms.
# Example for (emotional):
A couple with two children living together. The couple's emotional bonding is strained by feeling overwhelmed due to house chores. The strain can be significantly reduced by spending money on a nanny, ordering food when not in the mood for cooking, and other forms of domestic help.
# Example for (intellectual)
Working person with a family wants to pursue a second degree as a hobby. Unfortunately, they can't afford university.
It's true that, beyond a certain point, the returns from having more money diminish quickly. And I agree that as an inherent motivation it probably doesn't work for many people - only as a means to an end. But to say that money can only buy sense experiences is untrue.
This is an oversimplification that detracts from the value of money. Your assumption that money can only buy sense experiences is incorrect. In reality, money can have a significant impact on the (emotional) and (intellectual) realms.
# Example for (emotional):
A couple with two children living together. The couple's emotional bonding is strained by feeling overwhelmed due to house chores. The strain can be significantly reduced by spending money on a nanny, ordering food when not in the mood for cooking, and other forms of domestic help.
# Example for (intellectual)
Working person with a family wants to pursue a second degree as a hobby. Unfortunately, they can't afford university.
It's true that, beyond a certain point, the returns from having more money diminish quickly. And I agree that as an inherent motivation it probably doesn't work for many people - only as a means to an end. But to say that money can only buy sense experiences is untrue.