July
2007
Money Buys Happiness (But Health Buys More)
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As Daily Mail reports, 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)
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:
Study: Money Does Not Buy Much Happiness
Technorati Tags: money, happiness, relationships, money buy happiness
