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Money Can't Buy Happiness. Yes It Can.

From Germany's Institute for the Study of Labor:

“One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately U.S. $200,000). When compared to two control groups – one with no wins and the other with small wins – these individuals go on eventually to exhibit significantly better psychological health.

Posted by Julian Brookes on 09/15/06 at 10:36 AM | E-mail | Print



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Anyone who says money can't buy happiness (& a good night's sleep), has never been without it. A wo/man who is able to provide a home, transportation,a good education, nutrition, and spriritual and social support (all which require $$$$$$$$), is, relatively speaking, happy. Any wo/man who has none of these would happily trade places with those of us who do, but complain.

God Bless America!

Jennifer :)

Posted by: Jennifer Trybom on 09/15/06 at 6:26 PM

While money can eleminate a lot of stress, it by itself cannot provide "happiness". There are a lot of very unhappy wealthy people in this world. The one thing that could go a long way toward happiness is good health. With that the rest is obtainable, maybe not always easy,but,obtainable one way or another!

Posted by: Ranselar VanDerpoel on 09/20/06 at 9:22 AM

Money can buy comforts and our comforts can help keep the mind distracted from fears that eat away at our happiness.

Money doesn’t buy happiness. Happiness is an emotional state. From one point of view inanimate objects can’t create emotions within us. The things money can buy does allow us to occupy our mind with things that we love. Through the expression of love for what we do we can create happiness, But it’s not the money that does it.

The Dalai Llama lost his home, many of his people, and his country. By most standards he lost everything He’s not unhappy. For him happiness is simply a matter of focusing his attention and expressing love.

Children, whether they are wealthy, or have almost nothing, are happy. Much happier than the average adult. It only takes a few examples of being happy without money that breaks the rules or our assumptions. If we think that money relates to happiness it is because we look to the average adult for an example. We don’t notice the powerful effects our mind plays in focusing our attention and expressing emotion in the process of creating happiness. There is a whole middle part the mind plays between the money and the emotion of happiness.

Children and those that have developed a self mastery over their mind and emotions are have a great deal more insight into creating happiness than the average lottery winner.

Posted by: Gary on 09/20/06 at 3:30 PM

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This article has been made possible by the Foundation for National Progress, the Investigative Fund of Mother Jones, and gifts from generous readers like you.

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