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Money Buys Happiness (But Health Buys More)

Posted By Aaron On July 6, 2007 @ 12:36 pm In Health | No Comments

As Daily Mail reports [7], a new study conducted at the University of London has found that money can indeed buy happiness. After finding a correlation between money and happiness the researchers went on to attach monetary values to other aspects of life that bring happiness – namely health and social relations.

Mark the Legend Foster’s Flickr Photo (CC) [8]

Any idea how much happiness people derive from excellent health? According to this study it is equivalent to the amount of happiness a 304,000 (roughly $600,000) a year raise would provide.

According to my quick calculation that would make the information and advice found on Mark’s Daily Apple worth about $273 trillion – give or take a few trillion. Or in the almost-played-out word of those enviable MasterCard marketers: priceless.


Moral of the Story: Money may make you slightly happier, but it pales in comparison to the importance of health, friends and family.

Further Reading:

Can Money Buy Happiness? [9]

Does Money Buy Happiness? [10]

Study: Money Does Not Buy Much Happiness [11]

Money ‘Can Buy You Happiness’ [12]

Technorati Tags: money [13], happiness [14], relationships [15], money buy happiness [16]

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URL to article: http://www.marksdailyapple.com/money-buys-happiness-but-health-buys-more/

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[7] Daily Mail reports: http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=461147

[8] Mark the Legend Foster’s Flickr Photo (CC): http://www.flickr.com/photos/diablo74/158034720/in/photostream/#comment72157600686601552

[9] Can Money Buy Happiness?: http://money.cnn.com/magazines/moneymag/moneymag_archive/2006/08/01/8382225/index.htm

[10] Does Money Buy Happiness?: http://www.gettingfinancesdone.com/blog/archives/2007/05/does-money-buy-happiness/

[11] Study: Money Does Not Buy Much Happiness: http://www.livescience.com/strangenews/060629_money_happiness.html

[12] Money ‘Can Buy You Happiness’: http://news.bbc.co.uk/1/hi/health/1750337.stm

[13] money: http://technorati.com/tag/money

[14] happiness: http://technorati.com/tag/happiness

[15] relationships: http://technorati.com/tag/relationships

[16] money buy happiness: http://technorati.com/tag/money+buy+happiness

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