SQJ Taipei

Mr. & Mrs. SQJ… 4 kids… several fish… this is our life…

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Money and Happiness

July 31st, 2006 · No Comments

2 for you about money and happiness… I’d like both please :-)

Happiness, money and giving it away
“Would you be happier if you were richer? Many people believe that they would be. But research conducted over many years suggests that greater wealth implies greater happiness only at quite low levels of income. People in the United States, for example, are, on average, richer than New Zealanders, but they are not happier. More dramatically, people in Austria, France, Japan and Germany appear to be no happier than people in much poorer countries, like Brazil, Colombia and the Philippines.”

Money doesn’t buy happiness, study finds
“Think you would be happier if you were richer? Think again. Princeton University researchers have found that the link between a higher income and an elevated sense of well-being is greatly exaggerated and mostly an illusion. In fact, economist Alan Krueger and psychologist and Nobel laureate in economics Daniel Kahneman have found, using a newly developed analytical technique, that people with above-average incomes do not necessarily spend more time doing things they enjoy.”

- Not surprising if you ask me - SQJ -

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