Money may not be able to buy it.

But hey, I'd like to have enough to know for sure.

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Study: Money-happiness link is complex
By MALCOLM RITTER, AP Science Writer Sun Nov 26, 12:59 PM ET
NEW YORK - Does money buy happiness? It's sometimes said that scientists have found no relationship between money and happiness, but that's a myth, says University of Illinois psychologist Ed Diener.

The connection is complex, he says. But in fact, very rich people rate substantially higher in satisfaction with life than very poor people do, even within wealthy nations, he says.

"There is overwhelming evidence that money buys happiness," said economist Andrew Oswald of the University of Warwick in England. The main debate, he said, is how strong the effect is.

Oswald recently reported a study of Britons who won between $2,000 and $250,000 in a lottery. As a group, they showed a boost in happiness averaging a bit more than 1 point on a 36-point scale when surveyed two years after their win, compared to their levels two years before they won.

Daniel Kahneman, a Nobel-Prize winner and Princeton economist, and colleagues recently declared that the notion that making a lot of money will produce good overall mood is "mostly illusory."

They noted that in one study, people with household incomes of $90,000 or more were only slightly more likely to call themselves "very happy" overall than were people from households making $50,000 to $89,999. The rates were 43 percent versus 42 percent, respectively. (Members of the high-income group were almost twice as likely to call themselves "very happy" as people from households with incomes below $20,000.)

But other studies, rather than asking for a summary estimate of happiness, follow people through the day and repeatedly record their feelings. These studies show less effect of income on happiness, Kahneman and colleagues said.

There is still another twist to the money-happiness story. Even though people who make $150,000 are considerably happier than those who make $40,000, it's not clear why, says psychologist Richard E. Lucas of Michigan State University.

Does money make you happier? Or does being happier in the first place allow you to earn more money later, maybe by way of greater creativity or energy? Or does some other factor produce both money and happiness? There's evidence for all three interpretations, Lucas says.

In any case, researchers say any effect of money on happiness is smaller than most daydreamers assume.

"People exaggerate how much happiness is bought by an extra few thousand," Oswald said. "The quality of relationships has a far bigger effect than quite large rises in salary.... It's much better advice, if you're looking for happiness in life, to try to find the right husband or wife rather than trying to double your salary."

Money can't buy happiness. Money IS happiness!

I know I'd be alot more happy with $10,000 in my pocket instead of $10.

It depends on the kind happiness, can money equal the love of your family? NO, but it can take care of just about everything else.

Silly really.
If you make a conscious choice to live economically,I.E. below your means you can accumulate power.

Despite the "burden"of inherited wealth,which I was not made aware of until my 21st birthday I had bought my clothing at local thrift shops and garage sales since I was 9.
This also explains to a great degree why I left high school in 10th grade to work in a junkyard,I had no money and my mother reinforced that belief.

When I discovered the the truth of my financial affairs it did not change me a bit,well perhaps 1 or 2 vintage sportscars and some much needed repairs to the ancestral manse but that was done without touching the principal,chiefly due to my own efforts as an antiques dealer and landlord.

All I can add is my daughter will be very fortunate when I shuffle off this mortal coil which may be sooner than I think!!!!

I just had a conversation with a friend today who recently travelled to Calcutta, India.

He said that the people there are the poorest he's ever seen in the world.

Yet they are also very happy.

Teaches us something, huh?

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Current:
2014 VW Tiguan SEL 4Motion 43,000 miles.

2016 Hyundai Santa Fe Sport (wife's).

Past:
2006 Jetta TDI 135,970 miles. Sold Nov. '13.
1995 E-320 Special Edition. 220,200 miles. Sold Sept. '07.
1987 190-E 16 valve. 153,000 miles. Sold Feb. '06.
1980 300-D 225,000 miles. Donated to the National Kidney Foundation.
1980 240-D manual, 297,500 miles. Totaled by inattentive driver.

Happiness... is an attribute of the source of life that dwells within you.

Once you know how to tap it, you can rejoice from it. It’s indefinite.

Personally, I haven’t found a coin drop, $ bill insert or credit card swipe on my exterior…

…just in case I wanted to pay for it.

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happiness

is internal mostly.

if i am busy with work i am generally happy.

playing with cars is fun too.

but the best is playing with grandkids!

tom w

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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.

Makes me recall a seldom seen Peter Sellers film from the early '70's,

"Hoffman" I think,middle aged man barren of ideals falls for young,sexy gal,forget her name.

Anyway they're in bed going at it while a frenchman on TV is spouting about hapPEENIS,as he pronounced it,very funny film.

was this the movie where Sellers plays the gardener?

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"It's normal for these things to empty your wallet and break your heart in the process."
2012 SLK 350
1987 420 SEL

No, that was called "Being There".

that was a very interesting movie!

tom w

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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.

Some things are more important and money is not all happiness- but it does make you feel more comfortable when you have plenty of it.

I would not even want money... how about just "free" services - such as....

90K mile service that my truck is past due for.....
oil change, which it is 1K miles past due for.... (going to change tomorrow)
transmission service (fluid/filter change) which it is due for.....

Fix the PS leak on my MB, change the oil and fix the stalling/sputtering problem.

But, those things take $$. Good-bye savings account.

Just that some people have more money to throw around than others. To some, the above mentioned would be a hill of beans.... especially someone that could afford a $100,000 MB. I have a customer with a 2000 S500 that she bought new (WITH CASH) and is getting ready to buy another.

I am one that now has none to throw around. Before I had a truck payment, that was possible.

I like to watch.

I don't think I've seen that ...Peter Sellers in Hoffman, 1970.

Funny how he comes up in a thread like this....

Laughter must have something to do with happiness ...

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Bay-watch...?

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