In the movie The Pursuit of Happyness, there was a direct correlation between money and happiness. The triumphant true story is based on Chris Gardner’s life. Will Smith stars in this heartfelt movie about one man’s determination to rise above poverty and homelessness to achieve success. In the end, Chris Gardner builds wealth and finds what he deems to be “happyness”.
Does Money Buy Happiness? According to a new study conducted by Princeton University’s Woodrow Wilson School money can buy you happiness. The study found people’s level of happiness improved based on their income rising up to $75,000.
For folks making less than that, said Angus Deaton, an economist at the Center for Health and Wellbeing at Princeton University, “Stuff is so in your face it’s hard to be happy. It interferes with your enjoyment.”
“Giving people more income beyond 75K is not going to do much for their daily mood … but it is going to make them feel they have a better life,” Deaton said in an interview.
I agree that money buys you happiness up to a certain point; because of the things (e.g. food, shelter) money provides you. However, I don’t think Money = Happiness. In other words, having money does not necessarily mean you’re happy.
It’s interesting to see the $75,000 level for money and happiness. If we looked a little closer at the group making more than $75,000, I wonder if we’d find any truth to the saying “more money, more problems.”
What do you think? Does money buy happiness?
Need some inspiration? Check out The Pursuit of Happyness movie trailer: