Let's talk about this because what you believe is about to be proven wrong. I don't know if you believe in this theory that more money, more happiness. But wait until you discover and find out the truth.
So is Money really equal to happiness?
We have talked a lot about happiness and some ways to achieve happiness but like all other things it also fades away. So your happiness is driven by some forces that may last for some moments but it won't stay for long. The more you strive for it and the more you put efforts the more you get. But the real question stands here is : is money one of the driving forces of happiness?
Theoretically you can say yes people with lots of money are happy as they may seem, can do anything and are a lot more happier than you are but according to studies which have been done all over the world our theories are not correct. These studies conclude that although money can buy you happiness but it won't last for much longer and after a certain amount of income money does not give you any pleasure. This amount is estimated to be around $72,000 per year. So if your income exceeds that amount you will not really care much about money and it won't give you much happiness. This is a shocking truth as most of us would believe that acquiring more money will ultimately make us more happy but these studies clearly show a decrease in happiness level as we increase our income beyond a certain limit.
The graph can clearly show us one thing that although money can help you get some happiness and maybe a factor for your happiness but once you start earning more money and get to the peak (which is around $72,000/year) then your happiness decreases and becomes stable at some point. So after the peak income is achieved you suddenly start craving for something else, something more stable that could make you more happy. Also studies have also shown a gradual shift in behavioral changes as one increases his income. Some of these changes may be positive and some may be negatives but it depends a lot more on each and every person.
So What we can conclude with today's discussion is that, Yes Money can buy you happiness and money is equal to happiness until you reach a peak point in your income and then the value of money for your happiness becomes less important. So what other things can we do to get more happiness in life, Lets keep that for another discussion.
I hope this helps you clear out a certain things that you might have thought as true. But in the end it is you who has to decide which road to be on. Take your chances now.
Thanks.
So is Money really equal to happiness?
We have talked a lot about happiness and some ways to achieve happiness but like all other things it also fades away. So your happiness is driven by some forces that may last for some moments but it won't stay for long. The more you strive for it and the more you put efforts the more you get. But the real question stands here is : is money one of the driving forces of happiness?
Theoretically you can say yes people with lots of money are happy as they may seem, can do anything and are a lot more happier than you are but according to studies which have been done all over the world our theories are not correct. These studies conclude that although money can buy you happiness but it won't last for much longer and after a certain amount of income money does not give you any pleasure. This amount is estimated to be around $72,000 per year. So if your income exceeds that amount you will not really care much about money and it won't give you much happiness. This is a shocking truth as most of us would believe that acquiring more money will ultimately make us more happy but these studies clearly show a decrease in happiness level as we increase our income beyond a certain limit.
The graph can clearly show us one thing that although money can help you get some happiness and maybe a factor for your happiness but once you start earning more money and get to the peak (which is around $72,000/year) then your happiness decreases and becomes stable at some point. So after the peak income is achieved you suddenly start craving for something else, something more stable that could make you more happy. Also studies have also shown a gradual shift in behavioral changes as one increases his income. Some of these changes may be positive and some may be negatives but it depends a lot more on each and every person.
So What we can conclude with today's discussion is that, Yes Money can buy you happiness and money is equal to happiness until you reach a peak point in your income and then the value of money for your happiness becomes less important. So what other things can we do to get more happiness in life, Lets keep that for another discussion.
I hope this helps you clear out a certain things that you might have thought as true. But in the end it is you who has to decide which road to be on. Take your chances now.
Thanks.