Money & happiness

Society, entrepreneurs, and governments must be concerned with people’s satisfaction and happiness levels.

The relationship between wealth and happiness has been discussed extensively in the academic literature. Several studies show a positive connection between happiness and financial growth and a correlation between joy and an individual’s pleasure, which are directly related to the intensity of development and progress of a nation.

Also, additional income beyond a certain level does not have an enduring impact on the feeling of joy because we, as individuals, can adapt to different situations.

The feeling of whether you have enough money is primarily a question of character. This means that some people never feel safe, and others feel little. The considerable stress with revenue is what to do with it or how to invest it properly.

Some people are unhappy because they have much time but no money. Conversely, others have money but no time. For example, although people in rural areas have low incomes to individuals in urban zones, they declare themselves happy.

“Money can buy happiness” is a complex and meaningful statement with multiple implications.

In this sense, money is the main reason for work. But money, separated from other factors, does not lead to happiness and self-satisfaction.

But what happens when we consider money as an investment instrument? The investment risk can modify the relationship between wealth, happiness, and satisfaction with life. But we must analyze this argument in detail, and we will discuss it in our next post.