Post
Topic
Board Economics
Re: Money and happiness.
by
smyslov
on 29/08/2021, 10:46:58 UTC
There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol". This statement goes the other way as well, that "A man who doesn't have money is easily offended by everything and everyone".

I have put this statement on analysis a lot in mind, trying to watch my mood and correlate my happiness with the amount of money I have each time. Everytime it seems like i have overspent and almost becoming broke, there is a feeling of irritation and sadness that comes with it. Also when i get some credit alerts, there is an associated joy.

I know it is not proper to tie your happiness to finance, but i did some research into the subject and found a study that was conducted with the result that happiness increases with the amount of money one makes up until a point  where there is no greater degree of happiness from making money, but unhappiness if ones income drops beneath that range.

(See study here - https://www.cnbc.com/2017/11/20/how-much-money-you-need-to-be-happy-according-to-wealth-experts.html)


What is your opinion on the subject of "money & happiness"?



If you are paying a lot of bills and you are broke you will be depressed thinking about all these bills and the food that you need to provide to your family, money is important to our lives and the lack of it will have an impact on how we live especially in times of pandemic, those opinions are true but if you have a lot of money don't overspend and always prepare for the rainy days, whether we like it or not we really need money especially at this point in time.