A Student of History

March 20, 2008

Money does not buy happiness

Filed under: Simple Living — John Maass @ 5:46 am

Happiness has not risen in the past 50 years even though incomes have almost trebled, a study claims.

Money is only part of a person’s “standard of living”, and many worry about their health in old age and how much money they will have in the future, researchers say.

However, those who give to charity feel happier and report feeling a “warm glow” about their behaviour, says the report, presented at the Royal Economic Society’s annual conference.

More here

Similarly, “The secret of happiness is to spend around £2.50 every day on somebody else.”  To give a couple of pounds each day rather than to splurge on treats, fashion and consumer goods for yourself is the recipe for contentment, according to a new study.

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