Does money buy happiness?

Does money buy happiness?

“Does money buy happiness?” this is a question that everyone would like to know its answer.

It’s a fact that people that earn $100,000 per year are much happier than those who earn $10,000 per year, but is also known that people that earn over $10 million per year aren’t much happier than the ones that earn $10,000 per year. The reason for this is very simple: the more you have the more you want.

If all the basic needs are satisfied more elaborated ones will appear. For example if you have a cell phone you will then want an iPhone. After you will get used to have an iPhone you will want a more expensive and cool one, and so one.

In the same time is also known that the more money they have, people tend to feel better. A good example of that is the sell/buy of a house. The buyer would like to pay as little as he can while the seller would like to get as much as he can. Therefore economists conclude that people feel more satisfied and happy if they receive more money and hold on to more money.

As a final conclusion, specialists state that the happiness depends on everyone’s life and expectations but the money helps on getting it.

Responses are currently closed, but you can trackback from your own site.

Comments are closed.