A Wheelbarrow of Money Will Not Make You Happy

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A new study indicates that the link between income and happiness is mainly an illusion.

People surveyed about their own happiness and that of others with varying incomes tended to overstate the impact of income on well-being, according to a new study. Although income is widely assumed to be a good measure of well-being, the researchers found that its role is less significant than predicted and that people with higher incomes do not necessarily spend more time in more enjoyable ways.

This would almost be newsworthy, were it not for the fact that 50 other studies have already proven the same thing. On top of that, I think most of us have similar evidence from our own lives that as long as someone has enough to take care of the basics, their disposition doesn't typically change if they make more money. Miserable people tend to stay that way.





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Comments

  1. Robin Capper's Gravatar Comment by Robin Capper on June 30th, 2006 at 6:15 am

    If money doesn’t make you happy you’re buying the wrong stuff!

  2. MK's Gravatar Comment by MK on July 1st, 2006 at 9:13 am

    Can I have that in the picture? That could be like couple thousand.

    By the way, do you want to find out if you are a workaholic?

    I found one site recently
    It is kind of personality , behavior test kind of thingy. It is sort of quiz.

    http://ibtimes.com/bizquiz/

    I am a workaholic according to the result. :(
    See what you got.

    Have fun guys.

  3. Alexander Kjerulf's Gravatar Comment by Alexander Kjerulf on July 2nd, 2006 at 12:14 pm

    Not only does money not make you happy, it’s actually the other way around: Being happy makes you successful and rich.

    More here: http://abcnews.go.com/Technology/story?id=1424940

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