Money and Happiness

skylineI came across an online article which was about making money and happiness. The article explained  a new study shows that more money does indeed buys happiness, “In fact, the more money you have, the happier you are.That might sound obvious to some people, but studies have historically shown there’s more to happiness than money. In the 1970s, economist Richard Easterlin argued that increasing average income did not raise average well-being, a claim that became known as the Easterlin Paradox. Over the years, the paradox evolved into the notion that money does indeed buy happiness, but that effect fizzles once the income you earn is able to buy your basic needs — food, shelter and the like.”

Money is obviously a factor in living a comfortable life. Its money that helps you buy your house, car, clothe, food and pays for education. But there is a danger in making getting as much money as possible your sole drive in life. The biggest reward comes from doing things that make you happy inside rather than competing against your neighbor for the latest fashion or gadgets.Happiness is all relative but I am certain that it starts by looking within. 

The OECD which measures the happiness of countries based on, among other things, access to education and healthcare stated the following about the United States n general; “Americans are more satisfied with their lives than the OECD average, with 83% of people saying they have more positive experiences in an average day (feelings of rest, pride in accomplishment, enjoyment, etc) than negative ones (pain, worry, sadness, boredom, etc). This figure is higher than the OECD average of 80%. ” Click on the picture to read the full OECD report.

 

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