If There is Anything That Can Buy You Happiness, It’s Money!
by Extensive research conducted by the British Institute states that money is the main influences on a person’s happiness. Just as important – there is no such thing as "too rich".
The British Daily Mail published today (Monday) a study conducted by the Institute of Economic Affairs Institute, that claims that “it became clear that the happiness of the people directly related to the value of their assets, and contrary to popular belief – people do not cease to become happier when they get some wealth threshold”.
Pieces of happiness?
The study is based on data collected from more than 126 countries. The Daily Mail reported that this research refutes the theory presented in 1974 by the expert Richard Aistrlin, which says that there is a certain income level that when a person comes to it – he can not become happier. This new research also refutes the conclusions of a study conducted two years ago at Princeton University that claimed that once a person reaches a salary level of 58,700 pounds (about 90 thousand U.S. dollars) he could not become happier by salary increasing.
That study argued that even a 33% raise in wages in this case will not cause a significant change in the person’s spirit, but according to research published today, a raise of 20% will have the same effect on humans, no matter their income level.
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Post Commentashan1614
On January 16, 2012 at 12:39 pm
Basing one’s happiness on money is treading on thin ice, in my opinion. What happens when you lose it? Just thinking about how many formerly rich stock brokers jumped out of windows during the stock market crash in 1929. To this day, I know some people who seem to have it all and are the most miserable human beings. I think doing what you love and surrounding yourself with people that you love is the best way to be happy. I’m just saying….
Ixodoi
On January 16, 2012 at 12:44 pm
@ ashan1614: I can’t agree more. This is why I found myself re-reading this research & eventually I published an article about it. Since it is a surprising result for me. I know rich & miserable people, while I know that I’m (thanks god) quite happy – while not having that much money.
realityspeaks
On January 16, 2012 at 12:45 pm
Money is an essential that makes life easier.
Kristie Claar
On January 18, 2012 at 11:10 am
Humm, I tend to think money makes life more difficult. Good share.