Comments on: Does money buy happiness?

By: Randy

Randy — Thu, 01 Nov 2007 18:05:18 +0000

I hate to burst anyone’s bubble but the idea that one can work a job (or career) and have enough for retirement and the “good life” is rapidly fading with globalization.

So, whereas in the recent past, 1950s to present, it may have been possible to separate money and happiness, today, it’s less likely.

In today’s world, having a pile of investable cash (or some other designated unit of money like silver) is more likely to accentuate one’s happiness which could include free time, pursuing one’s interest than in taking a job for a salary alone, and overall health and security then not having money, worrying about layoffs and being regionally displaced, etc, etc. With this is mind, money can lead to happiness.

By: Money Buys Happiness

Money Buys Happiness — Wed, 12 Sep 2007 00:21:21 +0000

Interesting post, thank you. Here's a dissenting view on money and happiness from personal finance author Suze Orman: "Happiness Is Income-Sensitive: Apparently, I'm not the only one who thinks so. A survey conducted earlier this year by the Pew Research Center reports that, overall, just 34 percent of respondents are very happy. But when you start to slice the findings by income, it gets very interesting: 49 percent of respondents with an annual family income above $100,000 say they are very happy. When income falls between $75,000 and $100,000, the very-happy contingent falls to 38 percent. Just 24 percent of those with incomes below $30,000 said they were very happy." And a post about the so-called latte factor that relates to some of the points above, as well. Regards, MBH

By: Mark’s Daily Apple » Blog Archive » Money Buys Happiness (But Health Buys More)

Thu, 26 Jul 2007 18:23:28 +0000

[...] Does Money Buy Happiness? [...]

By: The InterNet Millionaire Guide For Blogger » Blog Archive » Does money buy happiness?

Sat, 05 May 2007 14:01:48 +0000

[...] Original post by Getting Finances Done and software by Elliott Back Bookmark to: [...]

By: sjpeer

sjpeer — Fri, 04 May 2007 01:57:53 +0000

I’ll check that book out. Thanks for the recommendation.
Sam

By: TomL

TomL — Thu, 03 May 2007 12:47:48 +0000

In the ’50s and ’60s, researchers discovered that certain work factors were “satisfiers” and others “dissatisfiers.” Some of the former were interesting work and the opportunity to advance. Dissatisfiers were factors that could not produce satisfaction but their lack could produce dissatisfaction: a clean workplace, comfortable furniture, etc. Interestingly enough, income stood in the middle, reflecting peoples’ ambivalence towards money. Herzberg’s book, The Motivation to Work, is a classic work on the subject.

By: sjpeer

sjpeer — Thu, 03 May 2007 03:37:49 +0000

Great recommendation. I viewed the talk from TED. Very insightful. Thanks for that contribution.
Sam

By: Aaron

Aaron — Wed, 02 May 2007 18:28:24 +0000

Dan Gilbert is the Harvard College Professor of Psychology at Harvard University and has done a lot of work in the field of happiness. I haven't read his book, but it's on my list. He gave a talk at TED in 2004 on the subject and it's great!

By: University Update

University Update — Wed, 02 May 2007 04:08:07 +0000

Does money buy happiness?