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Welcome to Webgrrls Wisdom, a blog to find commentaries about women's careers, business, technology, and the industry.

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Money doesn’t buy happiness – or maybe it does ????

written by Maria Botta
Maria Botta
Topics: Blogs, Business, Career, Leadership, Technology, Work-Life Balance
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A large income is the best recipe for happiness I ever heard of. ~ Jane Austen

Money doesn’t buy happiness – or maybe it does ???

This is a question that has been on my mind, because I have noticed a widening chasm between the happiness of the “haves, and those that have less”. People who are comfortable financially and are financially stable seem to be MUCH happier than those who are not, they seem unscathed from the stress of these difficult times. Is their money like an invisible shield that keeps unhappiness at bay?

As the middle class dwindles, and the overall happiness rating in the US drops, I wonder if happiness will be reserved for the 1% of our country OR will we be challenged as a society to redefine happiness? 

There is no doubt that across the board a desire to be happy is prevalent in not just the US, but in our Western culture, and a happy life is very much the preferred life. People who are considered successful, have influence, economic power, stability and tend to be happy.

In a study conducted in Britain, by the Institute of Economic Affairs called “The Pursuit of Happiness”, determined a direct correlation between happiness levels and the amount of wealth a person has accumulated. The study goes as far as to say that CASH can make us happy – and that CASH, is the most important factor in a person’s happiness.

Another study conducted at Princeton, goes as far as to claim that the threshold in the US for happiness is a $75,000 household income (even in high-cost cities), the study analyzed information gathered from 450,000 responses to the Gallup-Healthways Well-Being Index (GHWBI).  

Money is human happiness in the abstract; he, then, who is no longer capable of enjoying human happiness in the concrete devotes himself utterly to money.
~ Arthur Schopenhauer

The big question is - Does happiness lead to success or does success lead to happiness?

Continue Reading “Money doesn’t buy happiness – or maybe it does ????”

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